Incentivizing commons infrastructure with a 'validator dao' - Economics - Ethereum Research


    
    
  
    Ethereum Research
  


    
        
    
      Incentivizing commons infrastructure with a 'validator dao'
    


      
          
            
              
              
                Proof-of-Stake
              
            
            



            
              
              
                Economics
              
            
            
      

        

            

            
              
                djosey
                
              

              



              
                  
                    July 27, 2020,  8:31pm
                  
                  

1
              
            
            
              @Lars mentioned something in a previous thread that I wanted to highlight/thought might deserve it’s own thread.


  
    

    
    Casper incentive manipulation / perverse incentives Economics
  

  
    If a DAO is used for a validator pool, it can issue a coin/token to members. Payouts would go to the holders of these coins. Instead of having to dissolve the stake when someone wants to leave, it would be possible to sell your coins.
  



Been doing a bit of research on building a smart contract that would allow users to commit some portion of eth2 staking rewards into a dao pool, in exchange for a native token which would govern the dao; in this way, users could fund a pool for commons infrastructure while also supporting the security of eth2.  Seems to me like it won’t really work directly in the beacon chain phase at least without some kind of crazy oracle just because there’s no arbitrary state outside of accounts and staking.

I suppose there are probably some projects on eth1 today that have built similar abstractions without doing anything related to eth2, probably the next step for me is going to be to look at those models and see if there are any concepts/code that can be appropriated for this experiment. If anyone has any ideas or prior art on this I’d love to hear about them!

            


            
              
1 Like
            

            
                

                      
                        Two-way bridges between eth1 and eth2
                        

	
        
          Home 
        
      
	
        
          Categories 
        
      
	
        
          FAQ/Guidelines 
        
      
	
          
            Terms of Service 
          
        
	
          
            Privacy Policy 
          
        


  
  Powered by Discourse, best viewed with JavaScript enabled