DFINITY Foundation’s vote on Governance proposal #80970 (“Spam proposal”) and #86639 ("Temperature Check")

[mechaquan]

@dfisher

How Would Such a Treasury Get Funded?

There are three options to fund such a treasury:

1. Increase inflation of all neurons
2. Reduce staking rewards from all neurons while keeping inflation constant
3. Reduce the staking rewards from only non-voting neurons (or another group of neurons)

The benefit of the third option, as proposed from @Kyle_Langham, is that this funding mechanism does not penalize voters who are engaged in governance. As such, it aligns incentives to get neurons to properly participate.

What I’m trying to get people to understand is that these guys are trying to create a treasury but in order to do it they needed to create abandoned/undistributed/unminted ICP.

So let’s be clear about abandoned ICP…it was inflation rewards that went to voters now that this is reduced it creates the gap between planned inflation that they will/are trying to use to create a treasury. These are their words not mine.