UPDATE: We are planning to move forward with a Snapshot vote soon. Here’s how it would work:
- Open up voting with the full set of multiple choice options. Why? There is no clear community consensus on the preferred proposal. While 2021 is leading currently, that is biased because those favoring the 2020+2021 proposal likely have disproportionately more BANK, while 2021 is biased since the forum only counts people, not BANK.
- The “either” option is needed to mitigate the fact that the vote will be split with “against.”
- Given how few people voted for “against” (3%), it’s unlikely to attract a significant amount of BANK IMO.
- The proposal with the highest number of votes will be considered the winner if it achieves a simple majority (>50% BANK) with the “either” vote added in.
- If no proposal achieves a simple majority, a plurality isn’t enough to declare the winner. That’s because we can’t assume the people who voted for the other proposal would prefer the plurality winner if only that option were put to a vote with “against.”
- To resolve the above case where there is no majority winner, a run-off can be held. Hopefully this doesn’t happen. Clearly, the community favors some sort of badge-based proposal. Let’s not let the perfect be the enemy of the good.
- In the very unlikely event that “against” receives a simple majority, both proposals are toast.
My $0.02: In the interest of the community and resolving this in a timely manner, I urge an “either” vote.