My whole idea of LBI is to sit quietly and let it see it grow from sidelines.(Not interested in governance at all.)
But 300 vs 30000 , risk become larger and in reality if you have gone with 40K, you will be having more than 33% stake with negligible governance power.
I think lbi can adopt the Archon(tribe) governance model, where they write a proposal and create 2 comments, one with Yes and other with No. Comment which get more votes (corresponding to the GV power that is directly proportional to the staked Archon/Archon miners) wins.
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Still a weighted voting system based upon holdings.
The only difference is the idea here is to cap the influence of the larger accounts to prevent another situation like we often see on hive which can effectively be a dictatorship.
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Good for sabotaging any project.
Never thought that governance can be so hot topic, How the SPI governance work?
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Set up on the same weighted tiers, a little bit different but pretty much the same. The top tier is capped lower on SPI at 2500 SPI's.
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LOL! SPI tends to sometimes need more engagement. Sometimes HODLers just HODL and give ZERO input.
You have to remember though that lots of SPI tokens were given away in raffles and giveaways (I myself used to give them away to fellow steemitmamas) - they were only worth 1 STEEM, so it was seen much the same as giving away a STEEM BASIC Income share.
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It's the middle ground.
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hmmmm, never thought of Archon. Thanks for the reminder :)
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@silverstackeruk I have some problem that I haven't recieved my last LBI tokens, is it you I should talk to or?
And what if his stake is 51% or large enough that whatever he says is accepted by the system and rest 49% majority just keeps on watching.
49% is not majority. Yes, It is the way that's how all the Corporate governance take place in almost all over the world.(As far I know)
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I guess for majority better model is to have 2/3 of stakes? what are your views?
I feel using the "Hive Witness model" look nice and no self vote allowed.
Let choose 20 representative that look smart ,capable and interested to run the system.
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That's a good idea, seems good to me.
Be quiet, but remember to support the projects!
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