Anchor's Poll function can do better

Community Initiatives
4

Thank you @DaManiac - It seems that you have put a lot of thoughts into this post.

Here are some of my thoughts:

  1. Costs of starting a poll
    I see your point and definitely it sucks for the person proposing a poll if the quorum fails because of lack of participation.
    I am very conflicted about this, as having a high poll costs can combat spamming of proposal which we obviously do not want. 1.000 ANC does seem very high, however, if a “small fish” has a convincing proposal and puts it up to discussion in the forum. I am sure that a bigger fish would be happy to sponsor that poll. Maybe lowering it to 500 ANC could be a good start.

  2. Direct benefits
    Here I disagree. Poll creators shouldn’t directly monetarily benefit from creating a poll. By providing a good suggestion, the network should gain value (as it will become a better product) and therefore, the poll creator will indirectly from it.
    While 10% participation can seem high, I find it difficult to find a substition. Do we really want changes to be implemented that are only supported by e.g. 2% of the token holders?

  3. Multiple options
    Here I disagree too. I have my doubts that users are not participating because they are lacking options to vote. It’s simply that there are many users that are simply not participating in the protocol and its development. Users that are currently not voting are effectively abstaining from the poll. Additionally, it’s IMO very hard to differentiate between a simple NO and a REJECT. Each user is unique and therefore has different moral lines that they draw. What might just be a NO for me because I don’t like the specifics of the poll, could be a REJECT by you because you see it as an attack on the network (just an example).

  4. Participation rewards
    I think you meant, that ANC is inflationary :slight_smile: .

Maybe an idea to incentivize participation could be that poll participants get a higher ANC Governance reward compared to users that simply stake but do not participate?

This would encourage users to actively participate in polls as it gives them a monetary reward.

Another idea to increase user participation is to have a better UI in the poll field, that gives a quick overview what is being voted on and what are the pros & cons of it.

In this thread: UI Improval for Poll Voting some users have already discussed certain UI ideas that could help increase user participation.

It would be great, if this idea could get some more traction again (it got a bit lost during the LTV raise)