EN
Establish a rule for "top up"
undestraning the proposal from top up a cuase of Dot token priece varation...
During the last month we have seen a lot of this type of proposals, from what I have seen in Polkadot mostly in the proposals as a community we have fulfilled the social contract of the top up due to the change of the price of the DOT token in negative. We have also seen how sometimes even another Top up is requested after having launched a first one so we see that asking for the Top up with the DOT token is NOT VIABLE.
That is why I think it would be better for the community that these Top ups are done in USDT/USDC stables.
Currently we have these referendums in progress to apply for a TOP UP, the price od DOT it´s 5.60$ so we will see new top up´s……..?
[https://polkadot.subsquare.io/referenda/883]
Initial request $485,000 with the day's EMA7 of $9.544
second request 25.000DOT —$6.38 which is a total of 21,155.64 DOT for $134,973
https://polkadot.subsquare.io/referenda/875
initial request: USD 118,061.84.
second request: 73,263.80 USD
https://polkadot.subsquare.io/referenda/904
initial request: Initial request: $34500, equivalent to 4471 DOT at $7.716 per DOT.
second request 4812.56, equivalent to 724.78 DOT at $6.64 per DOT
https://polkadot.subsquare.io/referenda/898
initial request 91.663 DOT
second requet 34.000DOT
https://polkadot.subsquare.io/referenda/895
initial requet $8.82m with the day's EMA7 of $9.11 This was a total of 968k DOT
second request 598KDOT
https://polkadot.subsquare.io/referenda/831
initial request $154,080, equivalent to 16,348 DOT at $9.425 per DOT.
second request 44,712 USDT.
https://polkadot.subsquare.io/referenda/846
initial request 566100 $ (68868 DOT @ 8.22$) funds recieved on 2024-05-12 DOT
second request 980000 $ (138218 DOT @ 7.09$) funds recieved on 2024-05-12 DOT
third request 13.855,6 DOT (91585,58 $ based on DOT/USD rate of 6.61$)
And here is the account where we have USDT/USDC for opengov with more than 7 Million dollars that we should to use for this type of proposals and not the DOT token because it does not solve the price variation
Another of the parameters that we should establish when we should do these top ups?
Perhaps content creators can carry out work and requesting their top up does not paralyze their activity in the long term, but large events could be harmed, or exaggeratedly large proposals or new users, we can fulfill this social contract by doing part of the work with the financing and then ask for that top up
Maybe it's easier to know when NOT to give this top up
Please do not see this as an attack on the proponents but as a measure in the face of price variation and take an example from the ref 831
ES
Establecer una norma para “top up ”
comprender la propuesta desde la recarga por causa de la variación del precio del token Dot..
Durante el último mes hemos visto un gran cantidad de este tipo de propuestas, por lo que he visto en Polkadot mayormente en las propuestas como comunidad hemos cumplido el contrato social de los top up debido al cambio del precio del token DOT en negativo. hemos visto así mismo como en ocasiones se pide incluso otro Top up después de haber lanzado un primero por lo que vemos que pedir el Top up con el token de de DOT NO ES VIABLE
Es por eso que considero que sería mejor para la comunidad que estos Top up se realicen en stables USDT/USDC
Actualmente tenemos estos referendums en curso para solicitar un TOP UP .el precio de DOT es 5.60$ entonces veremos nuevas recargas……..?
https://polkadot.subsquare.io/referenda/883
Initial request $485,000 with the day's EMA7 of $9.544
second request 25.000DOT —$6.38 which is a total of 21,155.64 DOT for $134,973
https://polkadot.subsquare.io/referenda/875
initial request: USD 118,061.84.
second request: 73,263.80 USD
https://polkadot.subsquare.io/referenda/904
initial request: Initial request: $34500, equivalent to 4471 DOT at $7.716 per DOT.
second request 4812.56, equivalent to 724.78 DOT at $6.64 per DOT
https://polkadot.subsquare.io/referenda/898
initial request 91.663 DOT
second requet 34.000DOT
https://polkadot.subsquare.io/referenda/895
initial requet $8.82m with the day's EMA7 of $9.11 This was a total of 968k DOT
second request 598KDOT
https://polkadot.subsquare.io/referenda/831
initial request $154,080, equivalent to 16,348 DOT at $9.425 per DOT.
second request 44,712 USDT.
https://polkadot.subsquare.io/referenda/846
initial request 566100 $ (68868 DOT @ 8.22$) funds recieved on 2024-05-12 DOT
second request 980000 $ (138218 DOT @ 7.09$) funds recieved on 2024-05-12 DOT
third request 13.855,6 DOT (91585,58 $ based on DOT/USD rate of 6.61$)
Y esta es la cuenta dónde tenemos USDT/USDC para opengov con más de 7 Millones de dólares que deberíamos usar para este tipo de propuestas y no el token DOT porque no soluciona la variación del precio
Otro de los parametros que deberiamos establecer cuándo debemos hacer estos top up?
Quizás los creadores de contenido pueden ir realizando trabajo y pedir su top up no paraliza su actividad a largo plazo, pero grandes eventos si se podrían ver perjudicados, o propuestas exageradamente grandes o nuevos usuarios podemos cumplir este contrato social hacien do parte del trabajo con la financiación y luego pedir ese top up
Quizas en más fácil saber cunaod NO dar este top up
Porfavor no vea esto como un ataque a los proponentes si no como una medida ante la variacion del precio y tomar ejemplo del refrendum 831
Threshold