Type:
development

Amount Requested:

32480.00 DOT

129589.81$

Proposed on:
Sept. 28, 2023
Proposal Awarded on:
Oct. 27, 2023
Expected Delivery
Dec. 31, 2023
Actual Delivery:
None

Status:

Unreachable – untraceable

Polkadot Nominator Insight Hub. Spreading the Best Nominator Strategies through TOP Nomination Leaderboards

by MOTIF.NETWORK

Summary:

Given the presence of these efficient nominators, we can implement benchmarking based on their activities, continuously showcasing optimal actions and outcomes. By utilizing unbiased on-chain data in an open-source format, this method demonstrates superior strategies without necessitating centralized actions or permissions. Benchmarking works as a self-learning tool for nominators (what the best nominators do, when they increase the stake, which validators and when they choose), as well as a feedback loop in the nomination process (the nominator can understand their effectiveness, compare it with the best, etc.). We propose the implementation of nominator leaderboards – dashboards that visualize nominator behavior, offering a comprehensive view of actions and results within the system. The leaderboard allows showing the entire range of actions and results that exist in the system.

Current Progress and Comments:

The proposer is one of the original and older parties involved in the early days of Polkadot as well as a well connected party and for that reason, motif network could become a valuable tool. However, the twitter and telegram buttons on the site which as of November 20th are not active https://archive.ph/phRZh. Only the twitter account linked to the proposal is active but there have not been updates about this tool. There is no reports of the progress on governance forums either. Another problem is that we don’t have a Github repository so tracking this proposal has become extremely difficult. This proposal was only possible thanks to the approval of 16DG aka Giotto as the only other big account voting was DAY7 from Nova Wallet. For that reason, it’s unclear how much progress has happened during the development of this proposal. On November 24th 2023 a new proposal appeared by the same author. MOTIV.NETWORK in the process of requesting updates about this general unavailability of this proposal, the proposer replied: “Unfortunately, the outcome of the governance process 165 (extremely toxic + public) has resulted in several team members leaving, including those involved in product and UX. I highlighted these issues during the proposal discussions and noted their impact on the team and its motivation. Therefore, immediately after the allocation of funds (3 weeks ago), we began searching for new colleagues. Currently, our new UX engineer is working on designing the dashboard. I hope he will be able to immerse himself in the process just as deeply.” (Original link: https://polkadot.polkassembly.io/referenda/301#ZmCYXEgasZgVxQhCnmZl Archived: https://archive.ph/aoNtn)