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    Token Mechanics for Governance: "Pipes" not "Buckets" | Social Layer
    Edge City Lanna
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    Token Mechanics for Governance: "Pipes" not "Buckets"
    Tue, Nov 05, 2024
    12:00 GMT+7
    Red Dog 2nd Floor (small room)
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    Token Mechanics for Governance: "Pipes" not "Buckets"
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    Governance
    shelby
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    Tue, Nov 05, 2024
    12:00 - 13:00 GMT+7
    Red Dog 2nd Floor (small room)
    26 Charoen Muang Rd, Tambon Chang Moi, Amphoe Mueang Chiang Mai, Chang Wat Chiang Mai 50000, Thailand
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    How can we shift from distributing “buckets” of funds with uncertain ROI to building mechanisms (“pipes”) that distribute resources across the ecosystem based on achieving verifiable on-chain metrics?

    “Token mechanics” - smart contacts that execute allocations of tokens based on pre-determined arbitrary criteria" - are the core of Token Program Proposals (TPPs) at ZK Nation. The model aims to activate historically effective proposals from other ecosystems within ZKsyncm, but substituting program bureaucracy with token mechanic tooling.

    In this discussion, we’ll cover what a token mechanic is, its intended use within the ZKsync Governance System, the challenges and potential limitations of this model, and the long-term mindset shift it aims to inspire around allocating community funds within decentralized organizations.

    Other Resources:

    • TPP FAQ

    • Token Programmes as a Path Towards a True Cybernetic Governance Framework

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