The Second Pillar: System Smart Contracts Governance

[ihsotas]

@Mateusz

For a healthy governance framework, wide community participation is crucial, especially as it concerns defining moments, e.g., Ecosystem Council elections or critical bug fixes.

• Are there viable, proven ways to incentivize participation in similar models?
• What are some of the initiatives that the ecosystem could be undertaking today to grow the community of security-aware participants?

Thanks for sharing! My 2 cents here

• I guess it’s crucial to build a community of growth hackers like maybe a hacker’s dev shop who will be incentivized in $MATIC if they find the bugs in the contracts.
• I see many protocols considering the governance token to establish the ability to vote on the proposal, but I think we need something more than this to creamify the contributions like for example

Onboard the contributor who should have some $MATIC tokens in the wallet & as soon as he/she will connect then we should mint the “newbie” NFT & also social ids, based on the contributions the NFT value will increase. This way I guess we can create a very authentic community with less Sybil attacks

Happy to jam on this more