I like your thoughts. At the same time, we need to be very careful to not become an oligarchy. The way SPS DAO is built won't prevent that. I assume this is a conscious decision, because there would've been other design options.
If compromise leads to "the whales know the way", we have to be even more careful. I personally believe we should just pay attention to that.
Compromise simply means that everyone has to realize that they must find solutions that take into account what others care about too.
ps... I agree with VetteV's idea below and I think many other SPS holders would too.
Thanks Dave. I appreciate your reply and the openness to develop the system further.
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.Many have discussed this point.
One idea: have a one-account = one-vote mechanism in addition to Staked SPS. This would work with the current KYC program launched for KYC tournaments. KYC account = 1 vote.
For any proposal, it requires 50% vote from KYC accounts to get to DAO vote, then it is 2/3rds of staked SPS vote to pass.
While there are many die-hard Web3 purest who resist KYC, those types can load up on Staked SPS to still have significant voting power.
I would definitely support this VV