Great topic @YubYub!
I’ve been thinking about governance and treasury systems, and trying to envision the structure of an effective model. It seems, like any successful enterprise, that there are steps to be taken in the value adding process that are reasonably clear:
- Define the issue and it’s impact on the enterprise.
- Agree upon a solution for the issue, if warranted.
- Prioritize the solution.
- Assign a supervisory committee and a project team.
- Develop the project plan, resource requirements, budget and timeline.
- Finalize agreements.
- Execute the plan and implement the solution.
Stakeholders should have the right to vote on the first four and the sixth items of the list, with a caveat to item four:
Supervisory committee and project team members should come from pools of qualified individuals elected to the pools by the community and regularly evaluated for performance.
For instance, supervisory committee members might be members of the Cardano Foundation, IOHK, government representatives, journalists, blockchain professionals, and academics.
Project team members might be developers and other professionals qualified to develop and implement the solutions.
A database system could be developed, and added to the UI, to evaluate the performance of the individuals and teams, with performance level triggers built in to prompt action by the community should individuals or teams fail to meet minimum performance levels. Additionally, pool members’ professional profiles, with performance levels and project history, should be available through the UI for stakeholders to review.
To limit the power of the whales and the staking pools, we might look at balancing voting between amount of stake votes versus unique address votes.
It might also be a good idea to disallow staking pool operators from voting against the wishes of those delegating stake to them. That might be kind of tricky, but I bet it can be figured out.
Just some ideas. I really don’t think it would be all that difficult to build technology to facilitate governance.