Developers Forum for XinFin XDC Network

Discussion on: DaoFin Draft: Decentralizing XDC’s Ecosystem Development

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sarthak bakshi

Overall, it seems like a well thought out plan for decentralizing ecosystem development on the XDC Network. The proposal's focus on checks and balances is particularly noteworthy, as it helps to mitigate the risks of manipulation while ensuring that stakeholders have a fair say in governance decisions.

One potential concern with the proposal is the possibility of voter apathy among the community, which could lead to a small panel of experts having too much power. However, the proposal's inclusion of a deliberative body that is ultimately responsible to the community could help to prevent this from happening.

Another potential concern is the rewards system for XDC staked in the governance pool. It will be important to ensure that the rewards are distributed fairly and that they align with the long-term goals of the XDC Network.

Overall, I think this proposal is a positive step toward further decentralizing ecosystem development on the XDC Network. It is important to ensure that stakeholders have a say in governance decisions, and this proposal does a good job of balancing that with the need for checks and balances to prevent manipulation.