mDAO Proposal: Voting on validators stake using on-chain gauges through the MNDE token

[PlayerOfBits]

@Cerba

I’d be interested to see what other DAO members and validators think of a higher starting point. I wouldn’t be opposed to raising it myself, as I agree with your points, but the members and users most concerned by this proposal should also express on how they feel about this.

I think for a change like this we should start small. There are two things at play for me:

1. The perception of fairness and how users may react to the change (which I outlined here);
2. It will be psychologically easier to increase this value than to lower it in the future - the change effectively adds a certain amount of power to MNDE, and people react better when you increase their power than when you reduce it;

I’m comfortable with 10%, but around the 15%-20% range it starts feeling less like something we’re experimenting with and more like a change that will be harder to roll back if we realize it had some side effects we did not like.

(Likely because I currently wouldn’t want more than half the stake controlled in this way, and 20% it would be well into that percentage)