Governance.Rocks voting on Treasury to assist Coin is a no go.

Governance.Rocks voting on Treasury to assist Coin is a no go.

There was voting that ended two weeks ago already on whether Telos Rewards should be split into having also some small amount for a marketing set aside, like 2-5 percent for example.

This voting didn’t gain much attention, probably since it would have required a forced update and most people prefer to have forced updates only once a year as is the current plan in Telos blockchain.

The end result was that there were only 7 votes for it, and 9 votes against it. And as far as I recall, those Nay votes came only at the end, so I guess it didn’t really spark much other interest among people except that naysayers decided to make sure it wouldn’t happen by voting enough many times at the end.

Basically I was myself thinking about Nay option as well although I didn’t vote, but have to say, after looking at all those governance.rocks bounties not getting a dime makes me wonder if I should have after all went on to vote for Yes?

Well, my guess is this voting will come up again before next forced update at which point other things like collateral and reward split between Staking and Nodes will likely come up too, so then this treasury vote will likely get more interest among people and depending upon if Governance.rocks starts getting more bounties filled or not, will likely affect my voting on the issue.

Personally I wish we wouldn’t need a forced treasury, but so far I have felt bit lonely in supporting those bounties.

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