It is assumed that the current members of the council cannot be re-elected in this case? Given their strong ties, status in the DAO and the crypto community, what will prevent them from being re-elected again and again. If the voting system is not changed, then friends with large bags of $APE will vote for them every time
4 Likes
Why not use a voting system similar to the one used by thank ape?
1 APE = 1 vote
10 APE = 5 votes
100 APE = 10 votes
1,000 APE = 20 votes
10,000 APE = 40 votes
100,000 APE or more = 80 votes
4 Likes
A great option for voting 
1 Like
You see? This is what happens when silent members of the community are emboldened to respond on critical topics. Well done, friend. Your post covers a number of things, and I feel that you deserve a detailed response because you bring up some excellent points. So, LFGâŚ!!!
The reason that I refrained from adding the condition that past and current members cannot be re-elected is one of fairness and because itâs not about singling out any one person. As I said before, this AIP isnât about any one person. For example, I have a cordial and respectful relationship with Gerry - since I got here. Heâs old school like me, has helped guide me around the many nuances of the DAO and more than once pulled me from the proverbial ledge of frustration. Similarly, while I donât have the same relationships with the others in the SC (the GwG is a different story because I regularly get on their nerves - but I like them all equally), I respect the position that theyâre in, as well as the complicated job of managing a community and a massive treasury. So, just writing up an AIP to terminate one person is unfair. This is the background of my decision.
Now for the other part.
If I added a condition that past and present members cannot be up for nomination if this AIP passes, it once again creates a situation whereby a member of the SC could end up being treated unfairly, due to circumstances that are not of their making. Itâs bad enough to have been terminated. Remember, there are 5 people in the SC, and it doesnât (I should hope not) take one person to make decisions - of any kind. What if, a critical issue (e.g. the disclosure of a $2.5M loan) was down to 3 people voting out the other 2 in favor of just disregarding it and blowing off the community? Would we blame those 2 people? And so, allowing those people to be nominated and possibly voted in again, is the right thing to do.
Having said that, with WebSlingers mandated to write up professional requirements for the position, not this crap whereby we could elect a chef from Shangri-La to govern over an eclectic community thatâs the beneficiary of a $500M entity, we stand a good chance of still getting quality people. And so, once the new nominations and elections go up, those in the current SC who donât qualify, simply wonât get the nomination. And if they somehow pass, then itâs up to the community to vote. As much of a fiasco-laden drama as our leadership elections tend to be, I am confident that the greater community who want to see the DAO succeed, isnât going to vote back in people who just lost a community-wide vote of no confidence. In addition to that, this will now be a full-time role, so, thereâs no moon-lighting involved. So, any of the present SC who wants to serve again, will have to quit their current jobs because the minute it is discovered that they are moonlighting, their contracts will be terminated immediately.
As a business owner and hard-nosed leader, some decisions are difficult to make - especially if they involve family, friends, peers etc. But the key to effective leadership is to be objective and to consider the bigger picture. For example, as much as my relationship with Gerry goes, I care more about the greater good - of the DAO. Businesses rise and fall based on the quality of the leadership, regardless of the fact that in most cases itâs the workers who end up making successes happen. To that end, I listed all my grievances in order to better articulate why I made the decision to write this AIP. Even though I already knew that I would get a lot of public & private flak and derision for it, even from guys like @0xSword who I have a good relationship with, I felt that it was the right thing to do because the alternative is to retain the status quo. Where has that gotten the DAO thus far?
We need change, and thatâs not going to happen without an AIP like this. Yes - the final decision is up to the community to vote, and so, we may very well end up retaining the status quo; but maybe - just maybe - the retained SC will recognize the power of an AIP such as this, the mistakes that need to be corrected, and opt to do the right thing for the greater good. I believe that too can happen. And given that I am notorious for being tenacious and resilient, if this AIP fails and still nothing changes, I will just keep writing new ones. In fact, that will be proof positive that I was right to even write up this first one.
And if at some point I determine that WebSlingers are just a carbon copy of what the SC is doing and wants to do, I will focus my attention on them too. I can do this for as long as it takes. Iâm not going anywhere. But one way or another, change is coming to this DAO. And if down the road nothing changes, my next move will be to write-up an AIP to dissolve the DAO and start over. Now that I have concluded the research on that, and spoken to some friends of mine who are legal experts, I have thus far not seen nor heard anything that says I canât attempt it - even though it would require production of the DAO formation docs, which, shockingly none of us have even seen thus far. And to that end, from discussions with those legal experts, I was going to either add a section requesting them in this AIP or just write-up a new AIP for them. To get a better idea of the legalities surrounding DAOs and why it may become necessary to dissolve and start from scratch, please read this primer by the Harvard Law School.
I need to keep repeating this. You canât keep going against the tide while hedging for your turn in a lucrative paid DAO position. So, for someone like me - who has zero interest in any of that, and who canât be bought, coerced, bribed etc. - my motivation is to always do the best that I can. Heck, my game AIP failed spectacularly because it wasnât what the voting community wanted. I get it. And that still doesnât faze me. Thatâs why Iâm still here. Iâm not one of those guys who writes up an AIP, it fails and theyâre never to be seen again. I am but one person, but usually, and in all of history, thatâs all it tends to take.
Back when I was writing my voting AIP-318, later withdrawn, I considered this. However, mathematically it will not be as effective in our DAO given the size of the voting wallets. The end result is that, for example, a wallet with 4.8M $APE would still have an exceptionally huge advantage. In fact, somewhere in my Notion dB, I still have a printout of the math model that I used. I will see if I can dig it up and share because itâs very detailed. I will probably run a new model because at the time, that wallet - one of the largest - was around 1M $APE. In fact, ahead of AIP-304 going live, having read up on the wallet owner who was unfamiliar to me at the time, I even sent a message to the Special Council regarding my findings and why they needed to be cautious etc. It was part of my bid as to why I believed that we needed to change the voting system because high-value impactful AIPS needed to be subject to stricter voting or we run the risk of the voting being rigged in a bid to drain the treasury. Then, an 11M $APE AIP passed without even needing the whale wallet which had grown to 4.1M $APE at the time of the vote. The community at large, by their votes, supported the AIP - and thatâs all that matters. Which is why I stated in my AIP that I canât in good conscience begrudge whales because they were given this voting power - which can be used for good or bad to benefit or detriment of the DAO. However, itâs interesting to note that if we had a 1 person (wallet) = 1 vote system, the AIP would have failed spectacularly. I have that model too.
ps. I love and support what ThankApe is doing for the community, and I have said so many times. To the extent that I do believe that they should be better funded because obviously what theyâre doing is working. However, itâs a double-edged sword because once they get bigger, theyâre also going to attract larger wallet voters. And thatâs when their voting formula would need to be revised or they run into the same problems that we currently have here in the DAO.
This is way to easy to game.
I think it is either 1 ape = 1 ape, 2 ape = 2 ape etc. or if there is a component maybe a multiplier 20% max for the social capital contribution from activities, such as on discourse, twitter, passing an AI etc.
2 Likes
I can support something along the lines of those contribution qualifiers because I have always agreed that whales should be recognized (not sure what for tbh) to some degree.
But, to be clear, if I am understanding you correctly, you are aware that:
1 ape = 1 ape
2 ape = 2 ape
1M ape = 1M ape
âŚdoesnât change anything in terms of âvoting powerâ, right?
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Hi ApeCoin DAO Community,
@SmartAPE has completed editing their AIP Idea to be their AIP Draft.
Edits have been made to this Topic, by the author or by the authorâs request.
You can click the Pencil icon at the top of the post to see these edits.
Follow this Topic as further updates will be posted here in the comments.
Kind Regards,
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Hi ApeCoin DAO Community,
We have no further questions for @SmartAPE. This AIP is now under Administrative Review.
Follow this Topic as further updates will be posted here in the comments.
Kind Regards,
Hi ApeCoin DAO Community,
This AIP Idea was tagged as âNeeds Administrative Reviewâ and sent to the Special Council. Upon careful review, the proposal has been deemed âReturn for Reconstructionâ. In doing so, the Special Council cited:
"This AIP attempts to force the APE Foundation into multiple courses of action which would create significant risks and would not be consistent with the wellbeing of the APE Foundation and the ApeCoin DAO.
We thank the author for their participation and encourage everyone to continue sharing ideas with the ApeCoin DAO Community.
This Topic will be moved to and remain in the Final AIPs - Returned for Reconstruction category. The author may resubmit their proposal if they wish.