Author Topic: [Draft BSIP] Increase the maximum total supply of Bitshares for the reserve pool  (Read 49440 times)

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Offline R

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Jumpstarting a dev fund like this is perfect way to attract more attention to the, hopefully, self sustaining chain.
With a large increase in the reserve pool, we could approve multiple worker proposals to fund multiple different developer funds, there's the committee dev fund account for example, otherwise private groups could do the same, for sure!

I think also with a larger reserve pool, we could also do a worker proposal for regularly airdropping onto active Bitshares users, without having to wait for the committee to build funds from bitasset earnings. Could be done against the holders of a pool share asset, or against ticket holders for example to directly improve network decentralization by distributing funds to the most active key stake holders.

Offline Brekyrself

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Jumpstarting a dev fund like this is perfect way to attract more attention to the, hopefully, self sustaining chain.

Offline R

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This draft BSIP has now proceeded to a pull request: https://github.com/bitshares/bsips/pull/296

Still open for discussion/comments and alternative ideas.

Do you have on-chain vote weight? If not, you will be unable to influence the outcome of this proposal.

Offline R

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https://github.com/bitshares/bsips/issues/295

Seeking input on this draft BSIP on Github.

Worker proposals haven't been getting activated for years seemingly out of a fear that the reserve pool will run out.

The draft BSIP proposes to increase the maximum total supply (not the active liquid supply), so that worker proposals and witnesses can get properly paid for their hard work for years to come.

To those who would reject this idea, do you have sufficient Bitshares vote weight to reject a future BSIP vote on this matter?