Editing
Legislative governance
(section)
Jump to navigation
Jump to search
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==== Fairness & availability ==== The governance tax is particularly equitable, since every worker pays precisely the same amount, relatively. Since every WSC donates the same <math display="inline">10%</math> to governance references, then the remaining REP every worker receives from a WSC has the same value by the [[wikipedia:Quantity_theory_of_money|quantity theory of money]] in economics. To illustrate this point, notice that if every members' REP holdings were arbitrarily doubled, then the salary each member receives would be unaffected. Regardless of the change in REP total, the tax affects every member proportionally equally, since the tax dilutes REP universally, which diminishes the REP salary the same for every existing REP token. Since every WSC post generates <math display="inline">p=10%</math> of its REP for governance, then that REP is available for revaluing the Forum WDAG in response to governance proposals that the DAO approves, as long as the DAO is actually earning revenue, which is the most important time for revaluing the REP distribution.
Summary:
Please note that all contributions to DAO Governance Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
DAO Governance Wiki:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Navigation menu
Personal tools
Not logged in
Talk
Contributions
Create account
Log in
Namespaces
Page
Discussion
English
Views
Read
Edit
Edit source
View history
More
Search
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Tools
What links here
Related changes
Special pages
Page information