This proposal would represent a significant and experimental change to how contributions are reflected in the monthly $donut and $contrib distribution.

To recap, the current distribution is 5% mods, 15% to community/dev fund, 40% for posts based on reddit score, 40% for comments based on reddit score.

Tips are donut-upvotes

A donut-upvote is a tip, by a registered account >500 governance weight, of any amount, as a reward for any post. Governance weight, min($contrib, $donut), will use a snapshot taken each month that includes unclaimed mainnet $contrib as well as LP staked $donut (xdai and mainnet). Current snapshot here. We currently use the donut-upvote to help curate COMEDY posts. This proposal seeks to expand the use of the donut-upvote.

Reward posters based on donut-upvotes

Donut-upvotes are on-chain (currently xdai), and as such not a black box metric like we get from Reddit - we can dive into who sends the tip. This feature would allow us to rank posts based on donut-upvote metrics, such as the governance weight of the donut-upvoter. This proposal seeks to introduce a new reward based on each post's quadratically ranked donut-upvote score. More precisely, each month a script would compile a list of donut-upvoted (tipped) posts and rank them by the sum of the square roots of the governance weight of their donut-upvoters. 20% of the distribution would be allocated to the original poster, pro-rata of this ranking. In addition, 10% of the distribution would be allocated to donut-upvoters based on participation (not tip amount). For example, you donut-upvoted 10 posts and there were total 1000 donut-upvotes, you would be award 0.01% of the total distribution for that (1% x 10%).

This proposal makes the following changes:

• 30% of distribution to posters based on reddit score (reduced from 40%)
• 20% of distribution to commenters based on reddit score (reduced from 40%)
• 20% of distribution to posters based on donut-upvote quadratic ranking
• 10% of distribution to donut-upvoters
• 5% to mods, 15% to community/dev fund (unchanged)
• treat media flaired posts like comedy posts (must be tipped within 6 hrs to stay visible)
• return total distribution to 4M/month (from 4.6M/month, increase was due to $donut LP incentives)

The poll options will be:

• Yes, change distribution to match the above, media flair to be donut-vote curated (like comedy)
• No

This governance poll proposal will remain up for at least 2 days and will be pinned or linked to from a comment in the daily as per governance guidelines. Also per guidelines, this proposal requires sign off from 2 mods to proceed to an actual poll.

• Edit 1. added link to gov weight snapshot
• Edit 2. added clarification on change of quadratic tip ranking to governance weight from tip amount
• Edit 3. rewrite for clarification on tip based signaling (now called donut-upvote) and quadratically ranking posts
• Edit 4. re-add reduction in total distribution
• Edit 5. change options text