WE ARE ON THE HOME STRETCH OF THE PRE-HATCH PHASE.
BREAKING NEWS: The Hatch-Run off Vote deadline has been extended by another week! You now have until June 1st to get your votes in! Go to TokenLog and cast your vote.
Over the last month the community has come together to design the parameters of the Hatch. Economies were designed, debated and voted on producing excellent dialogue and iteration upon iteration of proposals. We saw the rise and fall of the Technocracy, Goldilocks Ascendant, and the looming shadow of the Zeptimus forks. We wrapped up the proposal process last week and you all voted on TokenLog, out of the many great Hatch designs itâs all come down to a final run-off of the top 4 proposals. The names have been changed and the authorâs made anonymous to protect the innocent. If you have Voting Power, now is the time to spend it!
Get to know the proposals better! Join us for a Debate!
Hatch Params Debate Party Times!
This is What economic Democracy LOOKS LIKE
Join a party to listen to some groovy tunes, debate the merits of our 4 proposals and become part of the Educated TEC Populous!
Sunday, May 30th, 6am NYC/12pm Berlin - 
Monday, May 31st, 6am NYC/12pm Berlin -
Monday, May 31st, 11am NYC/5pm Berlin -
LAST CHANCE TO DEBATE & EDUCATE!!!
Tuesday, June 1st, 11am NYC/5pm Berlin -
Know what you like best? Vote Now!
Not sure how Voting Works? Check out this forum post:
How to ROCK THE VOTE with Tokenlogâs Quadratic Voting
How do the Hatch Param Proposals stack up?
The real meat of this post, below we compare all four proposals against each other to show more clearly how they are different.
The Proposals:
- #80 - 1,000,000 Target Goal
- #81 - 4.5 Membership Ratio
- #82 - 8% Hatch Tribute
- #83 - Simple Total Supply Held by Builders
The Raw Data
Here is the data we used to generate most of the tables in this post.
We also pulled data directly from the Hatch Config Dashboard:
- #80 - 1,000,000 Target Goal - Dashboard Data
- #81 - 4.5 Membership Ratio - Dashboard Data
- #82 - 8% Hatch Tribute - Dashboard Data
- #83 - Simple Total Supply Held by Builders - Dashboard Data
Know what you like best? Vote Now!
Goals
These describe the minimum, maximum, and target funding goals for each proposal.
Comparing the Proposals
| Goal | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| Target | 1,000,000 | 3,000,000 | 2,888,888 | 3,000,000 |
| Minimum | 400,000 | 400,000 | 888,888 | 800,000 |
| Maximum | 15,000,000 | 7,500,000 | 8,888,888 | 14,000,000 |
Total Supply Minted for Backers (%)
Note: The Proposals refer to the the Total Supply held by Builders. Here we discuss the percent of the total supply of the Hatch tokens minted for the Backers.
Comparing the Proposals
| wxDai Collected | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| 400,000 | 49.4 | 70.98 | N/A | N/A |
| 1,000,000 | 56.23 | 73.1 | 69.77 | 75.55 |
| 2,000,000 | 64.26 | 76.03 | 74.05 | 78 |
| 3,000,000 | 69.81 | 78.39 | 77.28 | 80 |
| 5,000,000 | 76.96 | 81.94 | 81.8 | 83.08 |
| 7,000,000 | 81.37 | 84.49 | 84.82 | 85.34 |
| 10,000,000 | 85.53 | N/A | N/A | 87.78 |
| 14,000,000 | 88.84 | N/A | N/A | 90 |
Impact Hour Rate (wxDai/IH)
The Impact Hour Rate (wxDai/IH) sets the Minting Rate for Builders. If the Impact Hour Rate is 80 wxDai/hr, then having 1 Impact Hour will get the equivelent number of tokens as sending 80 wxDai into the Hatch.
Comparing the Proposals
| wxDai Collected | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| 400,000 | 42.11 | 16.81 | N/A | N/A |
| 1,000,000 | 80.00 | 37.81 | 44.53 | 33.25 |
| 2,000,000 | 114.29 | 64.79 | 72.01 | 57.97 |
| 3,000,000 | 133.33 | 85 | 90.65 | 77.07 |
| 5,000,000 | 153.85 | 113.27 | 114.33 | 104.66 |
| 7,000,000 | 164.71 | 132.09 | 128.75 | 123.62 |
| 10,000,000 | 173.91 | N/A | N/A | 143.06 |
| 14,000,000 | 180.65 | N/A | N/A | 159.82 |
Backerâs RageQuit (%)
The Backerâs RageQuit percentage is describing the amount of funds that Backers are able to remove during the Hatch Period. Each proposal offers a unique percentage of redeemable funds at each funding level.
Comparing the Proposals
| wxDai Collected | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| 400,000 | 45.94 | 67.42 | N/A | N/A |
| 1,000,000 | 52.29 | 69.45 | 64.19 | 74.04 |
| 2,000,000 | 59.77 | 72.23 | 68.13 | 76.44 |
| 3,000,000 | 64.92 | 74.47 | 71.1 | 78.4 |
| 5,000,000 | 71.57 | 77.84 | 75.26 | 81.42 |
| 7,000,000 | 75.67 | 80.26 | 78.03 | 83.63 |
| 10,000,000 | 79.54 | N/A | N/A | 86.02 |
| 14,000,000 | 82.63 | N/A | N/A | 88.2 |
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Control over wxDai in the Hatch DAO
The following charts illustrate the amount of redeembale funds controlled by the Backers (Yellow) and the Builders (Blue) at the minimum, target, and maximum goals for each proposal. The non-redeemable portion (Black) represents the Hatch Tribute (%) of each proposal and is consistent at each funding level.
Membership Ratio
The membership ratio determines how much wxDai Trusted Seed Members can send to the Hatch per CSTK.
The lowest CSTK score possible for Trusted Seed members is 1,125 CSTK.
For people who have not been actively contributing to the Commons Stack and Token Engineering Commons communities and have a low CSTK Score, if they want to send more wxDai into the Hatch then their score permits, they can increase their score by paying more membership dues to the Trusted Seed.
Comparing the Proposals
| Parameter | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| Membership Ratio (wxDai/CSTK) | 50 | 4.5 | 8 | 10 |
| Max Contribution (wxDai) at 1,125 CSTK | 56,250 | 5,062 | 9,000 | 11,250 |
| Extra dues needed to send 1000 wxDai more (Dai) | 8 | 88.89 | 50 | 40 |
Support and Quorum
The Support Required (%) is the percentage of YES votes from the vote-total required for a proposal to pass.
The Minimum Quorum (%) is the percentage of YES votes from the total supply of TECH tokens that are required for a proposal to pass.
The Vote Duration (Days) is the number of days people can vote on proposal.
Comparing the Proposals
| Parameter | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| Support Required (%) | 80 | 80 | 88 | 88 |
| Minimum Quorum (%) | 10 | 4 | 8 | 8 |
DAO Voting Times
| Parameter | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| Vote Duration (days) | 4 | 3 | 4 | 4 |
| Ragequit Delay (hours) | 48 | 24 | 48 | 48 |
| Time to Execute a Proposal (days) | 6 | 4 | 6 | 6 |
Troll Rate
The Vote Proposal Buffer is the amount of time that must pass between the start of subsequent votes, and the Tollgate Fee is the amount of wxDAI that is required to submit a proposal.
The Troll Rate (wxDai/hr) is the cost of spamming the Hatch DAO with proposals.
Comparing the Proposals
| Parameter | Proposal #80 | Proposal #81 | Proposal #82 | Proposal #83 |
|---|---|---|---|---|
| Vote Proposal Buffer (hours) | 8 | 8 | 8 | 4 |
| Tollgate Fee (wxDai) | 5,000.00 | 800 | 1,888 | 1,000.00 |
| Troll Rate (wxDai/hr) | 625 | 100 | 236 | 250 |
The voting window has been extended until Tuesday,June 1st! âYour Economy; Your Choiceâ has never been more true than now. The whole TEC community has been hard at work, 'round the clock across nearly every time zone on the planet leading up to the Hatch Phase. WE ARE SO CLOSE! Itâs time to vote, make your voice heard and arm yourself with critical knowledge as we come ever close to the opening of the Hatch.