Weekly Donut Discussion - June 26, 2019

https://www.reddit.com/r/ethtrader/comments/c5syfc/weekly_donut_discussion_june_26_2019/

created by AutoModerator on 26/06/2019 at 17:48 UTC

10 upvotes, 4 top-level comments (showing 4)

Welcome to the Weekly Donut Discussion thread of /r/EthTrader.

This thread is a place to learn and discuss everything related to r/EthTrader Donuts. Additional resources can be found on the Donut wiki page[1] and in Donut section of the sidebar.

1: /r/ethtrader/wiki/donuts

Donuts are r/EthTrader's implementation of Subreddit Points - a metric intended to reflect **community contribution**. This metric is exploited to enable applications such as governance and local economy. It is an evolving system that the community has an active hand in shaping. A key development is the ongoing, Reddit supported[2] community effort to decentralize Donuts[3].

2: https://www.reddit.com/r/ethtrader/comments/c3f1ku/the_next_phase_for_donuts/

3: /r/daonuts

Comments

Comment by carlslarson at 26/06/2019 at 17:52 UTC

3 upvotes, 0 direct replies

Clearing up a common misconception: donuts come in two varieties (minted 1:1 during distribution):

1. **locked donuts** are earned only and used where reputation or karma is most appropriate (like voting, identity, and certain curation schemes). The decentralized donuts system uses a separate, *non-transferable* token for these called *karma*.

2. **unlocked donuts** are spendable and used where currency is appropriate (like tipping, banner, badges, games, and other curation schemes). The decentralized donuts system uses a *transferable* token for these called *donuts*.

Comment by carlslarson at 26/06/2019 at 17:58 UTC

2 upvotes, 0 direct replies

• the mvp of donuts-on-ethereum includes doing the following on-chain via smart contracts: 1. registering your reddit username on-chain (and receiving ENS name in return, like `carlslarson.ethtraderdao.eth`) 2. collecting in periodic distributions 3. tipping direct, or as a reward for post or comment with a bot handling reply 4. creating harberger assets and owning them (for instance, the banner) 5. creating badge types and owning them 6. creating groups and checking membership (eg. `REGISTERED`, `ESTABLISHED`, `MODERATOR`) 7. voting with `weight=min(karma, currency)`

Comment by peppers_ at 27/06/2019 at 21:58 UTC

1 upvotes, 0 direct replies

Recent signalling[1] poll closed, 10 raw votes for support of, 8 against. About 0.4 million locked donuts for Yes vs 2.8 million locked donuts for No.

1: https://new.reddit.com/r/ethtrader/comments/c3kxv8/signalling_poll_remove_governance_polls_until/

So I interpret that as content creators or mods that hold large amount of donuts do not seem to support the move. Also, the post was 67% upvoted, but not many upvotes so it didn't gain a lot of visbility.

Comment by carlslarson at 26/06/2019 at 19:52 UTC

1 upvotes, 1 direct replies

• *New functionality: r/EthTrader ERC1155 Badges**

• 56s **demo video**[1] shows: 1. creating a new badge type with price, fixed supply, and ipfs hosted metadata 2. acceptance of the new badge type by dao vote 3. buying one of the newly minted badges