Great questions @crypto4ell !
Stepping through your comments:
- Re: 0.1 token threshold:
I agree, you’re probably right that 0.1 is too low. That said, we have to balance this with the resulting reduced numbers of voters (for now). According to my back tests, adjusting quorum from 500 to 400 wallets, while at the same time establishing the 0.1 METIS minimum should have a net zero effect on our ability to reach quorum. It is a MAJOR challenge for great new projects if they are unable to reach quorum to earn their CVP status.
I would propose that we “start small” with this change, make sure we can continue to reach quorum (especially with the new proposed outreach initiatives) and then further increase the minimum from there.
- Checking Sybils
Neither this change, nor this proposal, is meant to be “perfect”. It’s logical that establishing a minimum won’t increase Sybil activity, and that’s as far as we get with this proposal.
That said, there are several METIS community members (who wish to remain anonymous) who have done pretty extensive reviews and back tests, and there are several tools such as BubbleMaps that I think could help. If you have suggestions, or would like to help, please share!
- NotebookLM
I agree that this tool definitely isn’t perfect. I think this is a great reason to start small (eg on the @MetisGovernance X account with ~7k followers) and iterate fast. That said, I highly recommend that you listen to the sample podcast it generated (via the notion link in my reply above). It pronounces “Metis” wrong - which I have a fix for - but otherwise I think it does a pretty great job.
This is meant as an experiment, with low risk, and based on the results we can come back with adjustments and a new proposal. This is why I used the “now” and “later” framing of the proposal: small changes, see what happens, iterate.
- Community Engagement Metrics
I absolutely intend to share metrics, AND, they aren’t finalized yet. This is one of those cases where we’d actually have to do the project to see which combination of metrics is easily available.
Are there specific metrics you think would be particularly important?