Community pool tax discussion

[tknox35]

At the time of this post, the Hub community pool has approximately $70,000,000 in it. Additionally, there have been numerous POL deals across Cosmos using community pool funds totaling in the millions that the Hub can pull back at any time.

The recent market downturn has made it look a little less impressive than it was a few months ago, but I think it’s safe to say that the Hub has plenty of money available to use at the community’s discretion. I haven’t ran the numbers personally, but there’s also some belief that the deployed POL funding could bring in a fair bit of revenue in the coming months/years.

As many of you surely remember, [PROPOSAL #88] [ACCEPTED] Increasing Hub Community Tax went through in December of 2022.

There are various initiatives coming up, such as Atom Wars, which will mobilize these funds for POL deals, and of course there are other things that the community pool can be used for, but how much is enough?

My question is simple: at what point should we consider lowering the tax?

[common_spelling]

If the tax for putting up capital to secure the network were removed, CP spends would no longer be a matter of community politics where validators and AAdao has to spend so much time justify spending delegator funds. Delegators would no longer feel like they should have some direct say in where CP funds are deployed because they arent their funds being spent by validator’s through governance.

[tknox35]

Surprised this isn’t getting more engagement considering the amount of complaints I see about it these days.

[serejandmyself]

I would propose to make the tax work for all of us, rather than lowering it

[tknox35]

What would you suggest?

[serejandmyself]

same thing as the last 4 years =)

start using on chain governance to diversify the CP capital flow

[Syed]

Agree with this sentiment. I do feel that most of us (myself included) are quick to criticize, but only spend enough time being proactive about solutions.

With that being said, for others who might be landing on this thread, I want to direct them to the following post summarizing 8 outcomes from the Atom Accelerator DAO’s RFP on ATOM tokenomics. 4-5 of the ideas directly speak to Community Pool (inflow and outflow).

Recap of the 8 ideas from the Tokenomics RFP

Greetings community, Over the last 9 months, a variety of research has been done across multiple organizations (i.e. Binary Builders, Blockworks Research, RMIT University) on potential tokenomic & decentralization tooling that can help improve the state of the Cosmos Hub. Those researches were commissioned by AADAO as part of the Tokenomics & Governance RFP. This post will help simplify & outline for the community a variety of recommendations that have been made from the research. This post als…

Those research, some of which have already had community discussions, now need to be formalized as signalling props and put onchain after the requisite pre-chain discussion period.

[jasonsprouse]

@tknox35

At the time of this post, the Hub community pool has approximately $70,000,000 in it.

I had no idea. It’s almost unbelievable how few people chat on the forum, but I do agree that there is all kinds of opportunity to put capital to work for good. I thought this post was about adding tax to the transactions or something.

With the topic I just posted:
Diversification of DAO Treasury through Real-World Assets (RWAs) and Real-World Projects (RWPs) - Conversation - Cosmos Hub Forum

The investment for such projects can come from several DAOs, and personally I’m quantum aware and a bit quntum concerned, there can be revenue diverted to the treasury even if the app is built on a chain that has features that are more quantum secure ---- what are y’alls thoughts on that?

or

We could build a Cosmos-SDK fork that has a feature that’s more quantum secure for the DAOs for those projects, but it is something that is important to future proof.