[Proposal] Reinstate CCIP - 029 Dynamic Karma Cap

https://www.reddit.com/r/CryptoCurrencyMeta/comments/1ffuwsz/proposal_reinstate_ccip_029_dynamic_karma_cap/

created by kirtash93 on 13/09/2024 at 13:36 UTC*

13 upvotes, 6 top-level comments (showing 6)

This proposal seeks to bring back CCIP - 029 Dynamic Karma Cap (https://www.reddit.com/r/CryptoCurrency/comments/u34ppv/ccip%5C_029%5C_dynamic%5C_karma%5C_cap/[1]) as it was implemented before it was decided to abandon it here (https://www.reddit.com/r/CryptoCurrencyMeta/comments/1d12vah/abandon%5C_all%5C_ccips%5C_related%5C_to%5C_karma%5C_calculation/[2])

1: https://www.reddit.com/r/CryptoCurrency/comments/u34ppv/ccip%5C_029%5C_dynamic%5C_karma%5C_cap/

2: https://www.reddit.com/r/CryptoCurrencyMeta/comments/1d12vah/abandon%5C_all%5C_ccips%5C_related%5C_to%5C_karma%5C_calculation/

The reasons to bring it back are the same ones that originally created the Dynamic Karma Cap rule.CCIP - 029 seeks to:

Options:

Comments

Comment by AutoModerator at 13/09/2024 at 13:36 UTC

1 upvotes, 0 direct replies

Hello u/kirtash93. All submission in r/CryptoCurrencyMeta are filtered for manual review. If your post is off-topic or a complaint about a specific post, it will be removed. Posts about trading, staking, or tech support regarding Moons should be submitted to r/CryptoCurrencyMoons. Complaints specific posts should be sent to the r/CryptoCurrency modmail[1].

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Comment by CryptoMaximalist at 08/11/2024 at 14:32 UTC*

4 upvotes, 1 direct replies

Hello,

This idea is possible, but our dev has suggested that we simplify it to reduce dev time, complexity, and room for error. Now that we have a hard supply cap, it's much less of a moving target, but we'd probably still want to account for distribution amount changes in the future. Rick has suggested a 1% cap of the distribution per user, what do you think?

At the current 33,000 distribution, 1% is 333 Which would have only affected 15 out of the 5000 users for the last snapshot. This policy would scale with the distribution amount if our distribution budget were to change.

Comment by partymsl at 14/09/2024 at 06:24 UTC

3 upvotes, 1 direct replies

Hard agree!

The Karma Cap would barely affect any users anyway, and the majority of the users would only reap the good rewards from it.

Comment by reversenotation at 14/09/2024 at 00:42 UTC

5 upvotes, 1 direct replies

"preventing users from gaming the system" don't you also game the system where it works to your advantage?

"Moon farmers" is it not fair and accurate to say through link posting and other strategies that you are also a moon farmer?

Comment by SevereArrivals at 13/09/2024 at 23:45 UTC

2 upvotes, 0 direct replies

No reason not to reinstate it really if its possible

Comment by AutoModerator at 29/09/2024 at 14:17 UTC

1 upvotes, 0 direct replies

It looks like this post might be a governance proposal. You are encouraged to use this subreddit to brainstorm and refine your ideas, but please note that when your idea is finalized, you will need to fill out this form[1] for your idea to be considered for a formal governance poll.

1: https://docs.google.com/forms/d/e/1FAIpQLScvniXfjMu64kSZWA_hq2d97YSHUjInW4tpTO-GYPgqU7cIzQ/viewform

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