Why is the application template for xGov proposals so generalised and loose? I see the proposals all have different formats. Why? I think the xgovs and the rest of community are aware by now how 95% of all these proposals are completely useless or redundant, or just simply not effective from a long-term ecosystem growth’s pov, and can be filtered out better (this endless vertical scrolling UI doesn’t help it either. Need gallery format like other blockchain’s governance platforms). Can the FT team focus on this before this inefficient “decentralisation” treasury blows up any further?
Project - you have established documentation practices like SWOT, Value-Proposition canvas, (long-term) Sustainability assessments, than just simply asking for benefits (do some of these funded proposals EVER conceived of the potential risks?)
Finance - Again, numerous Cost-Benefit analyses out there. What on earth does it mean by proposing a lump sum with a generalised “roadmap”? Do the applicants even have a plan b/c I don’t see it in the proposals. Can be as general as ABC reporting format, for this initial screening, but the current proposals don’t even have this!
Timeline - This might be the most mind-boggling part about this application process. No timestamps on these planned objectives? I thought something was structured after several requests on making the funding process into a milestone-based?
I was also thinking about this.
We maybe need a section called ‘Idea validation’ where proposers are required to present evidence of market validation of their idea. Not only would this aid Govs in their decision-making, but also helps proposers gauge the need / refine their proposal.
Retroactive funding removes all the responsibility from builders to make these proposals, which often are completely lacking in real substance, and a total shot in the dark at what sort of value they’ll deliver. While I would debate the points above, I think it should just be nuked in favor of an RPGF setup.
RPGF allows the builders to focus on building and creating value / impact, not submitting proposals and waiting to see if they get funded.
If they’re successful in creating impact they should be recognized and compensated without needing to ask, allowing them to continue expanding their value / impact. Needing to spend anytime debating in the forums with people who know very little about the subject matter wastes a tremendous amount of builders time.
Xgov is horribly inefficient and underfunded and needs to be overhauled immediately.
There is nothing in the xGov rules precluding any builder from submitting a funding request for something that they already built or are building. A few approved grants would fall into the retroactive category.
I assume you find xGov so terrible because we are not forbidding non-public goods builders from also applying.
Saying xGov is inefficient is too simplistic. It is a pilot program. It is a work in progress.
We, as a community, are developing a long-lasting tool that the whole Algorand community will benefit from directly or indirectly.
Just because it’s possible to get a retroactive grants thru Xgov doesn’t mean it’s substantial, efficient or effective. It’s a lot more than just me saying it sucks. I believe I outlined this in my blog which was in depth on why RPGF works significantly better than w/e Xgov is.
I know Xgov is a pilot and so far how is it going? Let’s reflect honestly.
You believe Xgov is the most efficient and effective process to fund builders? To have them waste their time writing proposals and arguing in forums about projects they want to build with no clear product market fit with people who never built anything and have no technical expertise? I really struggle to believe that and it feels like you just bat away my suggestions because it’d be more work to set up. We should aspire to design the best mechanism possible instead of just lazily continuing xgov because we tried it first and now scared of changing.
No, it is not effective yet, we will get there tho. The pilot is doing its job of uncovering the issues that we need to solve for.
Your blog is reflects one opinion, yours. A community is made of many opinions.
My opinion is that, nobody is forcing builders to apply for funding through xGov, they can crowdfund, get funding angel investors, join an accelerator, bootstrap etc. Each of these have pros and cons. Builders are choosing to apply for a grant because it might be the most convenient way for them.
We are not “lazily continuing with xGov” we are actively working to make it better.
Do you not understand the fundamental difference between the network funding public goods and going out and launching a token or raising from investors? These are radically different things, with different goals and objectives.
Builders are not choosing Xgov over other sources out of convenience, it’s the only potential source available for them. And many builders skip Xgov entirely because it’s not worth the time and effort to only get a few grand. It would cost more just to get it than it would be worth.
I’m glad you find your opinion valuable but as a builder I’m telling you that’s just flat out wrong.
I understand it’s the current system, and systems should change when they’re realized to be horribly inefficient…
I don’t understand how you can admit it’s inefficient, yet cling onto it like there’s anything of value to be salvaged. We cannot afford to delay these changes by months to years either. I don’t believe you understand how desperate things truly are for many projects. Maybe when everyone leaves the chain then you will admit this is completely failed?
If a project would not like to open-source while applying via xGov, they have to give reason for not open-sourcing. If it is partial open-source, the reason for that has also to be described.
This will help xGovs to take informed decisions. Also much more transparency from the side of applicants.
It’s quite clear that xGov is a source of frustration for both builders and xGovs, which is why @fisherman.algo’s proposal has a lot of support in the community (I would venture to say it probably would pass in Governance if AF didn’t sway things by having a “preference”).
Regardless of the merits of his proposal, I think a lot of frustration is that xGov moves incredibly slow because it is tied to these 3 month schedules where we get slammed at things all at once, then wait 3 months to get slammed again.
Not only is it slow for getting funds out, but it makes change, testing, and reiteration extremely difficult. xGov may be the “first step” but it seems impossible to fix when we only take steps every 3 months.
It would also help to know what the new platform is that AF has in the works and whether it would be conducive to making this a more flexible and ongoing process that can be changed and reiterated quickly as we go.
The new platform will not have 3 months schedule for voting. Proposals will be voted on individually (not in a bulk session, like the pilot) and the process from proposing to voting will take from 2 to up to 6 weeks, depending on the size of the ask, eg. proposals asking for less than 50K Algo will need a review/comment phase of one week AND a voting phase of one week; proposals asking for more than 250K Algo will need three weeks review and three weeks vote.
We are planning on a three months schedules for a few things, like the inflow and outflow of xgovs.
Important to remember, we will present this to you next week or so in order to get feedback. There will be plenty of opportunities to improve this process, before and after the launch in Q3, as the platform will evolve alongside the needs of the community. Hopefully, by the end of the year you’ll be voting on the features you want and contributing to those features’ development.
Can we host a twitter space and discuss retroactive vs proactive grants? I really feel this needs to be discussed. Looking over the current Xgov proposals and the value and impact they’ll deliver is completely unclear. These proposed changes do nothing to address that.
Please do not tell me that retroactive grants are already possible as that isn’t my point. All grants should be retroactive. It’s much easier to judge something in the past than the future.