MetaGame Commons Pool πŸ™

People seem to have the perception that SEEDs are valuable, and this is only going to continue if we continue making MetaGame awesome. Until Initiatives and Boosting are implemented we need a way to support people doing awesome things within the Metaverse. At the time of writing there are 3728.92 SEEDs outstanding.

To start, I am willing to donate up to 50 SEEDs as long as 5 people match that donation. Could be 5 people matching 10 SEEDs each, or 50 SEEDs each - but at least 5 people have to co-tribute. Please comment below with your desired contribution and we’ll figure it out :octopus:

2 Likes

I will also donate 50 SEED

1 Like

I pledge 50 SEED to this as well !

2 Likes

Indeed, good sir!
Have my Seeds.

2 Likes

I’ll contribute my SEEDS.

2 Likes

@Toddxy Excellent! How many?

Count me in for 50

3 Likes

Sorry, I thought I edited that post. I can contribute 50.

1 Like

@METADREAMER @Yalortackson @peth @Toddxy @pet3rpan

We have a MetaGame Commons Pool DAO!

  • voting is open for 1 day
  • 1 hour delay between proposals
  • 1 day rage-quit window
  • 1 SEED must be locked for new proposals (only SEED holders can submit proposals)
  • 50% spam penalty per proposal (each new proposal that it submitted before an old proposal is finished requires 50% more SEED to be locked)
  • ETH, DAI, and SEEDs can be offered as tribute and/or redeemed (we can restrict this to just SEEDs if we want, but figured the more options the better)

Let me know if you have any questions, otherwise, please submit a proposal of 50 SEEDs for 50 MCP tokens and let’s do this! :octopus:

2 Likes

I got few questions.

  • Is this where people with SEEDS can donate?
  • What are those Metagame Commons Pool token?
  • How is that gonna be used?
  • Is that this pool is used to distribute that 3728.92 outstanding SEEDS to the players by the time AraCred is initialized for SEED distribution?
  • Which SEED is gonna be used? My wallet has two types of SEEDS named FOUNDING SEED & SEED.

@Saimano this is an opt-in volunteer based donation of SEEDs. If you have SEEDs, you can give them away. This does not affect anyone or anything unless they choose to participate. We are only accepting SEEDs from the MetaGame DAO, or ETH or DAI, but mainly SEEDs.

Okay. And how are the donations gonna be used? I also assume that MCP is a token specific for people donated to the pool to make decisions in the Metagame Commons Pool DAO.

To support the MetaGame commons at the discretion of whoever donates.

Correct. If you go through the token request flow you can offer tribute (SEEDs) in exchange for MCP (governance rights in the MetaGame Commons Pool.

1 Like

Copy that. Does any number of SEED donation counts in? or is there any minimum SEED requirement for donation like the one mentioned 10 and 50? Coz, all I have is 10 SEEDS in total.

There is no minimum. Now that we have 5 people willing to donate 50 SEEDs each, anyone else can donate as much as they want with the going expectation that:

  • 1 SEED = 1 MCP
  • In the near or distant future we might switch to a new SEED token at which point the MetaGame Commons Pool may or may not dissolve (so use your SEEDs while you can! Or keep them to earn more XP. The choice is yours…)
2 Likes

@METADREAMER @peth @Yalortackson @Toddxy

The commons pool awaits your tribute :octopus:

In 24hrs we will have 3 people and 150 SEEDs in the commons pool. This seems like it’s good enough to start. Thinking we could create a category for β€œCommons Pool Proposals,” then people could create threads selling us on their awesome ideas.

Since we need to get this done before the SEED market opens we need move fast. I’d like to deploy these SEEDs before the end of the month. To keep things simple each approved project could get 50 SEEDs. This limits our scope to 3 ideas, so they kind of have to be amazing, like :octopus: level amazing. It’s either a :rocket: or a no.

Not sure who all offered tribute, but in general does this sound like a solid plan of action?

1 Like

I was under the impression this was to be done after we migrate to the new Aragon & mint new Seeds…
Don’t think I even have the old Aragon Seeds, never made the proposal to claim them :joy:

@peth We talked about this on the last community call. the MetaGame Commons Pool is to bridge the gap between minting SEEDs directly for things (which people liked) and the new XP/Quests system (which is TBD). The MetaGame Commons Pool will recognize and reward people who are doing awesome stuff to keep MetaGame awesome as right now there isn’t a system to do this.

I think a great thing to fund with SEEDs would be cleaning up and organizing the forums, since its also something not tracked by the XP system automatically

1 Like