Gardens article - Crash Course on Conviction Voting and its Parameters #841
Description
Conviction Voting 101! <1,000 word article that describes Conviction Voting in laymans terms - goal is for people to understand conviction voting and its benefits, and know the parameters well enough that they can use this Parameter modelling tool: https://config.tecommons.org/config/4
- Summary: Gardens DAOs have shared treasury called the Common Pool, which anyone can create a funding proposal from - conviction voting decides which proposals pass
- What is conviction voting? [Resource Connect integration #1]
- What are its benefits? [Resource Conviction voting actions using @aragon/connect #2]
- How does it work? [Resource Conviction voting actions using @aragon/connect #2, 3]
- Parameters overview (Spending Limit, Minimum Conviction, Conviction Growth), what are they, how do they affect proposals passing, What does 1Hive use, what are recommended ranges? [Resource Add errors and validations #4, 5, 6]
- Ways to contact us: Discord, Twitter
Resources:
- 1 sentence Conviction Voting description: "Conviction Voting is a token-weighted decision-making tool in which tokens are staked on funding proposals to indicate support. Voting power, aka “Conviction”, grows over time. Conviction is a combination of the number of tokens staked on a proposal and the length of time they are staked for."
- Conviction Voting TL;DR: https://forum.tecommons.org/t/conviction-voting-tl-dr/308
- Video - how to use Gardens: https://www.youtube.com/watch?v=1ZvXNsLEPAg
- Spending Limit (1Hive = 10%): https://forum.1hive.org/t/cv-params-deep-dive-spending-limit-aka-max-ratio-beta/4208
- Minimum Conviction (1Hive = 2.5%): https://forum.1hive.org/t/cv-params-deep-dive-minimum-conviction-aka-minimum-threshold/4209
- Conviction Growth (1Hive = 2 days): https://forum.1hive.org/t/cv-params-deep-dive-conviction-growth-aka-half-life/4207)
1Hive Common Pool, Total Supply + Active Supply:
