The Game Theory, Incentives & Rules
Quick overview on the game theory, the incentive mechanisms and the rules involved in the PUSH Governance.
PUSH Governance is designed keeping quality participation in mind and as a byproduct carries some incentives and penalties to keep the governance focused, active and be ever improving.
Incentives for users whose formal draft is accepted
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We believe that having incentives for the users whose draft proposal are accepted will greatly improve the quality of the proposal (and quantity as well ๐ ) as itโs in the best interest of the user to submit a draft proposal that can go through the entire cycle and be formally accepted.
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For this reason Push DAO approved and implemented PIP-02: Incentives for Approved Proposals.
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To counteract the quantity of draft proposals by a user, we have introduced rules which limit the number of draft proposals that can be submitted by the user in different phases.
Rules for users creating a proposal draft (Proposal Phase)
- Each user at https://gov.push.org is only allowed to submit a proposal draft once every 7 days under the proposal phase. Tweaks in the proposal can still be allowed at the discretion of the Push DAO Governance Leadership unit.
Rules for users creating a proposal draft (Snapshot Phase)
- Each user (or PUSH Delegatee) that has the required votes delegated (75k $PUSH) is only allowed to submit a valid formal proposal on Snapshot once every 7 days.
Note: These rules fall under meta governance and thus can be changed by the voting process as defined above.