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Bond sounds interesting. I’m for having skin in the game (I myself do). I do have some concerns with implementation and I also do not think it will stop vote buying. I also have concerns that it will foster an environment of hoarding and not spending- it is good to save some rewards but some should be spent on contributing. If even 10% is required, this would be a lot, especially as price goes up, and limit some teams that may not have started with capital. Perhaps if It was less than 5% and implemented as a penalty for having no skin in the game (such as 10-20% less rewards), with a forgiveness period while first getting started, would work? My other concern is how the bond would be verified, and can this icx still be staked? I would not support a system where the bond cannot be stored on a ledger and also staked. But would we need to give up the address and lose privacy?
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I echo that I am against higher rewards for lower p-reps just for the sake they are lower. You’ll end up with teams marketting they and only that. Also, if teams gained votes to get into the top 22 and be a main P-Rep, their voters should not have to decide whether to continue support or earn less.
3-4: I am for the contribution system and getting rid of the previously planned eep and dbp. As we are seeing, voters seek rewards and most do not take the time to perform proper research. Relying on voters to determine what DApps and eep’s gain funding could be a dangerous game and end up with a few “cool names” or logos as the top.
I think it’s an excellent use of the p reps to make selections, however, I do have concerns over the efficiency of this. There are several teams in the top 22 that are completely inactive. Can we really rely on them to go through proposal submissions and vote?