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RE: Steem.DAO UI Live on SteemitWallet

in #steemdao5 years ago

As a side note, another possible explanation for no other proposal being voted over the refund proposal is there's simply not enough in the daily budget to fund them yet (at least not most of them). Only 1/100th of the amount in the fund is available to be spent in a given day.

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Well here is my issue and maybe I'm the only one saying it, but we need a way to estimate how much each proposal could benefit the price of Steem. We all know cutting costs (increasing efficiency) is good and Steem Inc has done a good job at that and we should thank them for that.

Steem DAO in my opinion doesn't have the same level of focus that Steem Inc has and the concern will be how do you make sure the proposals provide enough information for smart allocation of resources? Dumb allocation of resources will only drain the reward pool faster and the price of Steem will keep going down.

So how can we prioritize the proposals most likely to actually increase the price/value of the Steem token itself? In my opinion the UI should allow for us to filter proposals based on different criteria with the first criteria being based on how much revenue a project is currently generating. How we go about measuring benefit to Steem is one thing but we can look at the burn rate of different projects as a performance indicator because burning Steem creates more scarcity which is clearly a way to offset the supply increase.

What if I want to vote up all projects which have a burn rate beyond a certain threshold? What if I want to only vote up projects which are proven successful or proven to be profitable in some manner or form whether it be advertising, or burning Steem, or anything?

And if the project is brand new then I want to see the business model and vote up the projects which have good business models rather than projects which have no business model at all. The point is we lack sophistication in this current UI. We simply need more data, more useful data, performance indicators of some kind, so that we have some way to quantitatively compare each project.