➕Topic selection
The author will pick 2 topics each week that he considers interesting.
Anyone can submit topics using a bidding system.
Minimum bid is 1 EGLD.
How the bidding system works:
The highest 2 bids will go to the DAO vote for the current week.
If more than 2 bids have the same value, the ones submitted earlier will be chosen for vote.
If a topic with a bid fails to receive sufficient votes from the DAO members 3 times, the bid will be returned to the sender as it indicates that the community is not interested in that particular topic.
When a bidding topic is approved by the DAO members, the bid value is divided into two equal parts:
50% goes to the author for writing the thread
50% goes to a randomly chosen member who voted on the topic, regardless of whether they voted for or against it
Examples
Ex. 1
The author picks Project A and Project B.
Project C is submitted with a bid of 1 EGLD on 20th of February.
Project C is added to vote with Project A (because the author choose that one).
Case 1: Project C wins the vote - 0.5 EGLD goes to the author and 0.5 EGLD goes to a random DAO voter.
Case 2: Project A wins the vote - no EGLD is distributed.
Ex. 2
Project B is picked by the author.
Project C lost last week vote, still has 1 EGLD bid.
Project D is submitted with a bid of 1 EGLD on 1st of March.
Project E is submitted with a bid of 1 EGLD on 2nd of March.
Projects C and D will be selected because they are the oldest ones. Project E will not enter the DAO vote.
Project D wins and 1 EGLD is 50-50 split between the author and a random DAO voter.
Ex. 3
Project C - lost already 2 votes.
Project E - lost 1 vote.
Project F - submitted with a bid of 2 EGLD.
Project G - submitted with a bid of 1.01 EGLD.
Project F and G are selected, highest bidders.
Case 1: Project F wins - 2 EGLD are 50-50 split.
Case 2: Project G wins - 1.01 EGLD are 50-50 split.
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