[From Telegram chat]
Hey all. Team Loopring is excited by the beginning of the governance phase of the dxDAO. As many of you know, we’ve earned ~10.5% of the reputation. We take it seriously. Given 7 stakeholders control >50% of reputation, we’d like to begin by distributing a piece of ours, in order to make the DAO more widely held/governed.
We’d like to make our first proposal about how to distribute/donate 0.5% of the dxDAO reputation according to some plan decided by the dxDAO.
It’d be great to hear some suggestions as to how/to whom we should give this reputation. Please let us know any thoughts and have a discussion
A few ideas we have is to give it to the ‘storyteller’ allocation, auction it for ETH (with proceeds going to the dxDAO, not us), or give it to the bug bounty hunters of Loopring v3 as extra reward https://link.medium.com/cORGmx4mkY
// some discussion ensued in TG chat, mostly around how to prevent this distribution from winding up in wrong/more concentrated hands due to sybil attacks, etc.