BitShares Forum

Main => General Discussion => Topic started by: unimercio on March 03, 2014, 11:13:49 pm

Title: Bounties should be paid whenever possible in matching AGS vs PTS.
Post by: unimercio on March 03, 2014, 11:13:49 pm
It occurred to me that ideally bounties should be paid whenever possible in matching AGS vs PTS.

When bounties are awarded the grant should be paid via a matching BTC to the corresponding BTC address used to purchase the AGS associated with the bounty.

Why? well it is assumed that PTS is to an extent speculative and tradable. While AGS is for vested long term stakeholders. To optimize the use of bounties AGS awards would insure the recipient is a stakeholder not a speculator. I agree this rule will have exceptions, but PTS and BTC awards should not be the rule.

The more AGS stakeholders we have the greater the number of vested parties and fewer speculators.

Does this make sense or am I all wet? maybe too draconian?
Title: Re: Bounties should be paid whenever possible in matching AGS vs PTS.
Post by: toast on March 03, 2014, 11:34:54 pm
Makes sense, but I suspect people working on bounties are already stakeholders-not-speculators
Title: Re: Bounties should be paid whenever possible in matching AGS vs PTS.
Post by: unimercio on March 04, 2014, 12:00:50 am
Makes sense, but I suspect people working on bounties are already stakeholders-not-speculators

I suspect you're right, most here are already stakeholders. It's newcomers that this would likely apply to. I just like the idea of rewarding investment vs speculation.  +5%
Title: Re: Bounties should be paid whenever possible in matching AGS vs PTS.
Post by: yellowecho on March 04, 2014, 04:20:39 am
Makes sense, but I suspect people working on bounties are already stakeholders-not-speculators

I suspect you're right, most here are already stakeholders. It's newcomers that this would likely apply to. I just like the idea of rewarding investment vs speculation.  +5%
+5%
Title: Re: Bounties should be paid whenever possible in matching AGS vs PTS.
Post by: bytemaster on March 04, 2014, 06:58:06 am
Some people want to earn their way in... they work on a bounty, then take their PTS and send it back to AGS to get more bang for their buck. 

It is hard enough getting people to work on bounties, that I am grateful for whatever motives.
Title: Re: Bounties should be paid whenever possible in matching AGS vs PTS.
Post by: barwizi on March 04, 2014, 11:55:37 am
Some people want to earn their way in... they work on a bounty, then take their PTS and send it back to AGS to get more bang for their buck. 

It is hard enough getting people to work on bounties, that I am grateful for whatever motives.

is it really that hard?  :P
Title: Re: Bounties should be paid whenever possible in matching AGS vs PTS.
Post by: unimercio on March 04, 2014, 12:06:50 pm
Some people want to earn their way in... they work on a bounty, then take their PTS and send it back to AGS to get more bang for their buck. 

It is hard enough getting people to work on bounties, that I am grateful for whatever motives.

true, but "whenever possible" it would be in the best interest of the community and stakeholders.  +5%.

Also, with the shifting value from PTS to BTS, etc.. Those legacy bounties will be an even harder sell.
New incentives will need to attract paid guns, hybrid bounty/equity models are needed else we'll need to go old school (boo hiss).