Use BrightID for vote-farming reward distribution

Idea: Use BrightID for the reward distribution instead of the amount of tokens wrapped in vote-farming.

To avoid whales buying up a ton of tokens on the market to farm “risk-free” in the gardens DAO and collect the majority of the rewards. Every DAO member should be equal, regardless of the amount of tokens they are holding.

A verification level higher than level 0 would be preferable to avoid possible sybils attacks.

6 Likes

Nice idea! Another option is quadratic (e.g. take the square root of the amount). Either option works better with BrightID integration. Do you think we should first create a proposal to add BrightID integration to gardens DAOs?

5 Likes

Thank you :blush:

Yes, I think we could start with that and add more functionality later.

I’m open to use quadratic as well as long as BrightID integration is being used :sunglasses:

2 Likes

A proposal has been made by @sem integrate BrightID into Gardens DAOs!

This should move your idea along. We’d still need another proposal to modify the vote farming contracts. @sem may have more info, but he told me privately it would be easy.

4 Likes

I like :partying_face:

I strongly support this idea

good discussion I support the idea