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Gardens article - Crash Course on Conviction Voting and its Parameters #841

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dework-integration bot opened this issue Mar 15, 2022 · 0 comments
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Conviction Voting 101! <1,000 word article that describes Conviction Voting in laymans terms - goal is for people to understand conviction voting and its benefits, and know the parameters well enough that they can use this Parameter modelling tool: https://config.tecommons.org/config/4

Resources:

  1. 1 sentence Conviction Voting description: "Conviction Voting is a token-weighted decision-making tool in which tokens are staked on funding proposals to indicate support. Voting power, aka “Conviction”, grows over time. Conviction is a combination of the number of tokens staked on a proposal and the length of time they are staked for."
  2. Conviction Voting TL;DR: https://forum.tecommons.org/t/conviction-voting-tl-dr/308
  3. Video - how to use Gardens: https://www.youtube.com/watch?v=1ZvXNsLEPAg
  4. Spending Limit (1Hive = 10%): https://forum.1hive.org/t/cv-params-deep-dive-spending-limit-aka-max-ratio-beta/4208
  5. Minimum Conviction (1Hive = 2.5%): https://forum.1hive.org/t/cv-params-deep-dive-minimum-conviction-aka-minimum-threshold/4209
  6. Conviction Growth (1Hive = 2 days): https://forum.1hive.org/t/cv-params-deep-dive-conviction-growth-aka-half-life/4207)

1Hive Common Pool, Total Supply + Active Supply:
Screen Shot 2022-03-14 at 5.01.19 PM.png

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