- This would not be a stake. We confirmed during the AMA session we organized on Monday that these funds are to be spent on development projects, and not to be staked.
- It is not a false narrative - if such a vote should be organized for each separate development project before the work could start, that would delay the workflow significantly. We got feedback by the community that future votes should have longer voting periods, so the whole process will take even more time.
- We do have funding, this is not the goal of this vote (as we said several times already). We just want to stay ahead and ensure the project's sustainability for the years to come.
- You will be able to propose other votes very soon and you can also propose a block reward cut.
Best,
The AE Team
By saying stake I mean a pile of cash literally, not referring to PoS or "governance" here. Vote per milestone is not slow, anyone can introduce a project, split on milestones and let users fulfil requirements. Every sound project must do that any way, then few weeks for well planned project is not an issue. There is no even need for governance and long voting process, people read the paper and send money to smart contract. Examine dash and monero funding proposals.
I already wrote many times you are asking money to spend on development on your sole discretion it means there is no obligations to spend it carefully and it leads to corruption.
Block reward governance is retarded. It must be sealed and sound, but you screwed whole emission because you had a hidden secret plan to take a cut from it. You already damaged AE value and future by rolling out such a sneaky strategy.
If we follow your suggestion, the dev projects would compete between themselves for funding, right? When a developer introduces a project, they will have to defend what/why/how they want to create. I personally don't believe that the whole community would be prepared enough technically to judge what should be implemented and how and what is more urgent (I don't mean to offend anyone, many people in the crypto space are not devs). Do you?