kaal:claim:3652481-038
DevDAO member reputation is inflationary by design, so that non use, meaning failure to stake reputation tokens or to vote, causes value depreciation, which incentivizes action and makes liveness faults less likely.
Source quote, verbatim
The DevDAO member reputation is inflationary in the DevDAO design. As such, non-use, e.g. non-staking of reputation tokens or non-voting, would lead to value depreciation, which incentivizes action and thus value enhancement. Liveness faults become less likely.
From
Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), IV.2.f DevDAO, p. 60
https://ssrn.com/abstract=3652481 · source PDF
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Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481
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mechanismsupport: arguedreputationrisk-and-incentives
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