Profile of furiousanger in ApeCoin
Posts by furiousanger
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Ape Foundation Transparency Report - 2024 - Q1
by furiousanger - No Role
Posted on: Nov. 13, 2024, 5:39 a.m.
Content: Still waiting for an answer on this one guys.
Ape Foundation Transparency Report - 2024 - Q 1 Transparency Hub
Any chance of getting an answer on this question from a week ago?
Was the administrator’s contract for one year? If yes who renewed it? If superseded somewhere pls point me in the right direction. Many thanks.
@Ape.Admin @BoredApeG @Waabam @Hazel @mo_ezz 14 @Airvey
Forum responses lost with the 50 % SC compensation reduction. man_shrugging
SMH.
Thanks
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Ape Foundation Transparency Report - 2024 - Q1
by furiousanger - No Role
Posted on: Nov. 13, 2024, 5:37 a.m.
Content: Hi @Ape.Admin
Really feel it’s time to get a move on with the rest.
Bare minimum has to be Q 2 (APR-JUN), but no reason can’t get Q 3 (JUL-SEP) out too, especially as we are in the process of allocating 35 % of the treasury for 18 months of administrative costs.
Many thanks,
Furious
Likes: 1
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Make Apes Great Again: Non-weighted voting & supporting dope builders
by furiousanger - No Role
Posted on: Nov. 13, 2024, 4:38 a.m.
Content: Hi mate,
Do I think a person who buys $ape today should have as much say as someone who held $ape for almost three years now, has only known $ape as a governance token in that time, and shown up everyday at the DAO & for voting, hmmmm, let me think.
Immediately this idea is dead in the water as whales would need to vote for their own demise.
Other issue is that the only people this will impact are those who have known wallets - so for example an unlabelled wallet can easily game the system, creating hundreds of wallets and passing “your skin in the game” threshold, whereas known wallets with good reputations in the community would be reasonably prohibited from doing so.
In your defense, and to encourage you to continue developing ideas to change how we vote - I’ve not yet seen a system that totally protects against Sybil. Your mission is undoubtedly a noble one that resonates with the few, and intrigues the many, here at apecoin DAO. However, this proposed voting method for me fails as the parts needed to make this work are simply not enforceable on-chain and/or require all participants to be fairly honest - whereas the vast majority of people in crypto, as we know, are unscrupulous & willing to exploit any system/situation to gain advantage.
GL & looking forward to more of your ideas. :handshake: :handshake: :heart:
Likes: 1
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Voting cycle and what APE can vote?
by furiousanger - No Role
Posted on: Nov. 10, 2024, 7:02 a.m.
Content: Just in case anyone missed it - snapshot strategies have now been updated to allow ApeCoins on ApeChain to vote. No excuses. Get out and vote!
Likes: 1
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ApeChain, On-chain – ApeCoin DAO Governance Revamp
by furiousanger - No Role
Posted on: Nov. 8, 2024, 7:04 a.m.
Content:
Ape.Admin:
OVERALL COST
Total Cost: $ 0 .
Let’s just keep it simple rn (although I have several more questions & concerns).
You’re seeking to assign 100 % of our DAO funds; ring-fencing & allocating 35 % for administrative costs over 18 months.
Meaning a 69 % super majority threshold should be imposed on this AIP by the foundation, however, the issue ofc is the foundation are the ones proposing this change. :person_facepalming::man_shrugging:
Zero cost label is completely unpalatable for me, & ngl deeply offensive.
Likes: 4
Replies: 1
Replies:
- Lanzer: I echo this. This live AIP skipped multiple steps that other AIPs would have been expected to follow.
At this point, the DAO community has a decision to make. Is it comfortable with its rules being circumvented?
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AIP-553: ApeCoin DAO Reporting RESET
by furiousanger - No Role
Posted on: Nov. 5, 2024, 5:37 a.m.
Content: NDA’s - have you spoken with any of the foundation to understand whether this change would be acceptable and/or implementable?
Nouns DAO - this a great example of how a DAO can operate more autonomously and save on expensive & cumbersome systems often operated by gatekeepers (cabal).
Accountability - we already have in place financial penalties for the administrators, and yet here we are almost at the end of Q 4 with no Q 2 and Q 3 reports, and Q 1 was only posted after it was requested.
Automation on chain - now imagine the above financial penalties were implemented using a trust less and permission less system (contracts) vs needing an AIP which can be hindered/rejected/dismissed/lost in the ether.
Once you accept the fundamental flaw with our system are people, and that no amount of bandaids can fix, only then can you truly start on the path of fixing.
Few things to consider:
Sunset SC immediately.
Enlarge facilitators to five people for the next two years to incorporate SC tasks & give current team members extended contracts.
At the same time create a $ 2 -$ 5 m fund (up to $ 10 m) to move everything on chain with up to 100 % automation within 2 years. Paid out based on milestones. Run an RFP for this task. Determine the rules around automation.
Create a veto council/vote. Three/five members who are unpaid.
Tl;dr - words & goodwill are not enough to realise the change we all want to see. We need a radical overhaul of the entire system. Our greatest weaknesses within our processes are people. As close to full automation within two years & everything recorded on chain.
Thanks.
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AIP-553: ApeCoin DAO Reporting RESET
by furiousanger - No Role
Posted on: Nov. 4, 2024, 12:07 p.m.
Content: Let’s just end the SC and put in place automation that’s on chain - which is highly transparent & cost effective.
GL, but unfortunately I see nothing original or new here that makes me want to say - “yes let’s keep SC” - in fact, all I see is more unnecessary expenses for years to come. :person_facepalming:
LFG: END SPECIAL COUNCIL FOR GOOD! :saluting_face:
Thanks.
Likes: 1
Replies: 2
Replies:
- ernestlee: I appreciate your insight and acknowledge that you have a lot more experience with the DAO that I do. That being said, I disagree that placing “automation” “on-chain” will result in more transparency. Until we vote to eliminate all individuals that work for the DAO and are accountable to the community through vote or removal, we have SC and those SC should be held to account for their official actions.
This AIP is original because it is the first AIP to directly address the NDAs that SC sign many times quoted as preventing communication with the community. This AIP is original because it will require that SC communicates with the DAO and the community. This AIP is original because it will also require that SC not have any contracts with DAO contract counterparties.
What protections do we have in place that would require the Foundation to communicate with the community and prevent employees and contractors of the Foundation from engaging in activity that creates the appearance of a conflict of interest?
- ernestlee: Even after this discussion closes, we would love to have your opinion of the revised proposal. Our DMs are open on X (@aaronhaber and @ernestleedotcom) I can also be reached directly at ernest@ernestlee.com.
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AIP-553: ApeCoin DAO Reporting RESET
by furiousanger - No Role
Posted on: Nov. 4, 2024, 5:23 a.m.
Content: Hi Ernest,
First off love the enthusiasm to drive change around the lack of transparency. :handshake:
Moonlyght already implemented reports (AIP- 305 ), and these were treated with contempt by the majority of the special council. Lost then used viewing figures of the “joke style” reports to drive their revocation on spaces often, and then finally in AIP- 426 they were shelved.
So in conclusion I’m really struggling to get behind this old/new initiative. I think most people here, including myself, are looking for something new and original to drive us forward, and this simply isn’t it I’m afraid.
Tl;dr - Unfortunately there’s nothing new here.
Thanks.
Likes: 3
Replies: 1
Replies:
- AaronHaber: Read it again, my friend.
The main thrust here is transparency and helping AIP Authors achieve their goals.
T previous reports weren’t very informational and were only put in this forum which we all know is not that well attended.
This AIP would see the Special Council meeting being fully transparent, recorded, and put out for all to see, with NDA-sensitive materials from 3rd parties redacted if need be.
It will also see the Special Council be a contact for all Accepted AIP Authors with the Special Council acting as a conduit between the Foundation and Authors to make sure:
AIP Authors can get the help that was promised to them in their AIPs
AIP Authors are reporting on their progress, which will make them accountable.
We’ve been told for years that Special Council members can’t comment in public because of an overreaching NDA. It’s time to help our amazing Special Council members and free them from this NDA so they can finally be transparent with the DAO.
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NFT staking change
by furiousanger - No Role
Posted on: Nov. 1, 2024, 8:35 a.m.
Content: Probably worth linking this comment by @blockchainzilla re horizon from @yatsiu thread which I believe is still live and in the admin process.
We are still waiting for some numbers etc.
Do your part and then we can all do ours would be my advice @Waabam
That way we can decide based on cost benefit analysis, vs no Idea and blindly making decisions based on zero knowledge, all for one year of staking that’s left when there’s also zero conviction in apechain shown by Yuga as there’s no talk of moving our NFTs over to our own chain. :man_shrugging:
Move Apestake staking protocol to Apechain AIP Ideas
We’re working through a quote for what changes to staking might look like from an expense/resource perspective. If it’s not something that feel we can do cost-effectively, we’ll recommend an alternative provider.
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AIP-552: Pausing Special Council elections pending the outcome of the Governance Revamp AIP vote
by furiousanger - No Role
Posted on: Oct. 31, 2024, 3:34 p.m.
Content: And if it fails to pass?
Personally not a fan of more trust me bro.
Elections bring attention to the DAO. And plus I’m not liking this very centralised feel lately. Be good to get some more people from outside a seat at the table.
BTW - I’m glad you’re still active - can you please respond to my questions regarding the year contract for the administrators and why they are still in place without a further RFP or DAO vote. You can reply to my forum messages x 2 or my email. Same goes for @Ape.Admin and other special council members.
Maybe if we had new special council members in place we could end this zero transparency and accountability stage that had become normal around here.
Thanks.
Likes: 3
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