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RE: VYB Announcements: Rewards Pool, Governance, Project Fund

in #vyb2 years ago

We are involved in a grand experiment here. Very few things are set in stone. If we try something and it doesn't work as intended or if it creates the wrong incentives, then we can and will make adjustments.

We are still waiting on the H-E rewards-pool smart contract revisions to go live before we update the configuration parameters (e.g. inflation rate, voting window, excluded tags, etc.).

With that said, I don't think it would be wise to institute exclusionary tags for other generic tribes unless and until we have the ability to clearly communicate to folks who use those tags why they are not receiving VYB rewards. That will take some coding (to create a comment bot to check for those conditions and automatically alert people).

The above announcement will be updated to reflect this reality.

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This sounds very sensible @trostparadox. From what I have seen, Vyb has the potential to be a very good community and to have a tribe token worth holding. From the published documentation there are some interesting and positive differences to the POB tribe setup albeit that the two tribes are complementary. I would encourage people to go and read the white papers and the launch articles, to follow the @vyb.vyb account for updates and adjustments, and then engage constructively with the Vyb Management Team. Taking the time now to ensure that the right messages go out into the community is definitely the way to go. Personally, I think the VMT has been clear all along that this is a bedding-in phase, subject to adjustment. I trust people will bear with the process and keep asking questions and have constructive conversations with the VMT during this process and after it concludes as the VYB management Team are very engaging and setting up a brand new tribe that seeks to improve upon previous general content communities, can't be easy. There must be a heck of a lot of work involved in the background to bring such projects to fruition. A labour of love indeed! !PIZZA !ALIVE

I think the VMT has been clear all along that this is a bedding-in phase, subject to adjustment.

Hope that has been clear.


keep asking questions and have constructive conversations with the VMT during this process and after it concludes

Yes, and yes!


There must be a heck of a lot of work involved in the background to bring such projects to fruition. A labour of love indeed!

You are correct. We decided, "Why just complain when we can buidl and test some potential solutions?"

A lot of work yet to be done, as well. Getting things operating smoothly and in a stable fashion is top priority, especially when it comes to moderation (i.e. anti-abuse procedures).

@trostparadox! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @samsmith1971. (2/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.