# Council Election Round #8 - Performance Review and Minutes ## 1 - Basic Information ### 1.1 - Introduction The council is expected to produce reports during each round and provide feedback in the form of workflow, challenges, thinking and performance as well as minutes covering important events during the council session. Usernames referenced are Joystream usernames. All times are calculated based on 6 second blocktimes and not actual blocktimes. The Council Round number is taken from the chain, the KPI rounds have an offset number. This report was compiled by @freakstatic ### 1.2 - Council Round Overview * Council Election Round: #9 * Start Block: #1670401 * End Block: #1872001 * Forum thread for round feedback: https://testnet.joystream.org/#/forum/threads/194?replyIdx=1 ### 1.3 - Council members & vote participation * All usernames are listed in the order given by `activeCouncil` from chain state. * Votes cast includes all types of vote (Approve, Reject, Abstain & Slash) * In the event a proposal is not finalized within the current council, it will be indicated and current council votes will not be recorded due to system limitations | Username | Member ID | Backers | CM Own Stake | CM Voter Stake | |----------------------|-----------|------------------|--------------|----------------| | @blackmass | 361 | 2 | 8000000 | 1810000 | | @anthony | 129 | 1 | 8500000 | 500000 | | @supunssw | 318 | 0 | 8000000 | 0 | | @freakstatic_council | 321 | 6 | 9000000 | 2518100 | | @fierydev | 439 | 1 | 5348000 | 500000 | | @sparky | 319 | 0 | 8000000 | 0 | | | | | | | | Total Stake | | | | 5328100 | ### 1.4 - Council Roles * Council Secretary * @freakstatic ### 1.5 - Council Mint & Budget Status * Start minted: 82964380 tokens * End minted: 107567276 tokens * Total minted during council round: 24602896 tokens (+29.65% from start) ## 2 - Minutes ### 2.1 - Proposal Overview Proposal Types - 14 Proposals Created - 4 Text Proposals - 9 Spending Proposals - 0 SetWorkingGroupLeaderReward Proposals - 0 SetWorkingGroupMintCapacity Proposals - 0 SetContentWorkingGroupMintCapacity Proposals - 0 BeginReviewWorkingGroupLeaderApplication - 0 TerminateWorkingGroupLeaderRole - 0 FillWorkingGroupLeaderOpening - 1 SetValidatorCount - 0 AddWorkingGroupLeaderOpening Proposal States - 13 Approved & executed proposals - 0 Canceled proposals - 0 Rejected proposals - 0 Slashed proposals - 0 Expired proposals Failed Proposals - 0 NotEnoughCapacity failures - Token value: 0 tokens - 0 ExecutionFailed ### 2.2 - Proposal Breakdown #### Proposal 105 - Correction of proposal 101 - Proposal Link: https://testnet.joystream.org/#/proposals/105 - Proposal Type: Text - Amount: N/A - Status: Executed - Time to finalize: 20,250 blocks (33.75h) - Created by: @l1dev - Participants: @anthony, @freakstatic_council, @blackmass, @fierydev #### Proposal 106 - KPI 8.1 - Council 01 - Tokenomics Report - Proposal Link: https://testnet.joystream.org/#/proposals/106 - Proposal Type: Spending - Amount: 385.000k - Status: Executed - Time to finalize: 18,007 blocks (30.01h) - Created by: @oiclid - Participants: @anthony, @freakstatic_council, @blackmass, @fierydev #### Proposal 107 - Babylon Council 1 Report - Proposal Link: https://testnet.joystream.org/#/proposals/107 - Proposal Type: Spending - Amount: 500.000k - Status: Executed - Time to finalize: 22,204 blocks (37.01h) - Created by: @freakstatic_council - Participants: @anthony, @supunssw, @freakstatic_council, @blackmass, @fierydev #### Proposal 108 - Telegram Sticker Competition Submission - Proposal Link: https://testnet.joystream.org/#/proposals/108 - Proposal Type: Spending - Amount: 1.000.000k - Status: Executed - Time to finalize: 12,676 blocks (21.13h) - Created by: @oiclid - Participants: @anthony, @freakstatic_council, @blackmass, @fierydev #### Proposal 109 - Telegram Competition Sticker - Proposal Link: https://testnet.joystream.org/#/proposals/109 - Proposal Type: Spending - Amount: 568.182k - Status: Executed - Time to finalize: 18,619 blocks (31.03h) - Created by: @spock - Participants: @anthony, @freakstatic_council, @blackmass, @fierydev #### Proposal 110 - KPI 09.6 - Joystream Sprocket - Proposal Link: https://testnet.joystream.org/#/proposals/110 - Proposal Type: Text - Amount: N/A - Status: Executed - Time to finalize: 10,433 blocks (17.38h) - Created by: @tomato - Participants: @anthony, @freakstatic_council, @blackmass, @fierydev #### Proposal 111 - Increase validator count - Proposal Link: https://testnet.joystream.org/#/proposals/111 - Proposal Type: SetValidatorCount - Amount: N/A - Status: Executed - Time to finalize: 21,982 blocks (36.64h) - Created by: @tomato - Participants: @anthony, @freakstatic_council, @blackmass, @fierydev #### Proposal 112 - Add "community ideas" folder to repo - Proposal Link: https://testnet.joystream.org/#/proposals/112 - Proposal Type: Text - Amount: N/A - Status: Executed - Time to finalize: 7,745 blocks (12.90) - Created by: @tomato - Participants: @supunssw, @freakstatic_council, @blackmass, @fierydev #### Proposal 113 - Refund: Improvements for Stats Website - Proposal Link: https://testnet.joystream.org/#/proposals/113 - Proposal Type: Spending - Amount: 5.000.000 - Status: Executed - Time to finalize: 25,776 blocks (42.96h) - Created by: @l1dev - Participants: @anthony, @supunssw, @freakstatic_council, @fierydev #### Proposal 114 - Reversal of Proposal 101 - Proposal Link: https://testnet.joystream.org/#/proposals/114 - Proposal Type: Text - Amount: N/A - Status: Executed - Time to finalize: 4,982 blocks (8.30h) - Created by: @joystream - Participants: @supunssw, @freakstatic_council, @blackmass, @fierydev #### Proposal 115 - KPI 9.3 - Appoint New Council Secretary - Proposal Link: https://testnet.joystream.org/#/proposals/115 - Proposal Type: Spending - Amount: 2.000.000 - Status: Executed - Time to finalize: 15,327 blocks (25.54h) - Created by: @freakstatic_council - Participants: @anthony, @supunssw, @freakstatic_council, @blackmass, @fierydev #### Proposal 116 - Community Bounty #6 - Proposal Link: https://testnet.joystream.org/#/proposals/116 - Proposal Type: Spending - Amount: 4.670.000 - Status: Executed - Time to finalize: 45,590 blocks (75.98h) - Created by: @l1dev - Participants: @supunssw, @freakstatic_council, @blackmass, @fierydev #### Proposal 117 - Upload 90 Movies - Proposal Link: https://testnet.joystream.org/#/proposals/117 - Proposal Type: Spending - Amount: 1.000.000 - Status: Executed - Time to finalize: 24,436 blocks (40.72h) - Created by: @spock - Participants: @supunssw, @freakstatic_council, @blackmass, @fierydev #### Proposal 118 - Refund for missed payments - Proposal Link: https://testnet.joystream.org/#/proposals/118 - Proposal Type: Spending - Amount: 310.500 - Status: Executed - Time to finalize: 50,988 blocks (84.98h) - Created by: @oiclid - Participants: @anthony, @supunssw, @blackmass, @fierydev ### 2.4 - Select threads & events ### 2.5 - Working Group Spotchecks - No Storage Role Spot Check was done ## 3 - Review ### 3.1 - Workflow, Performance, Challenged & Thinking The council has able to avoid expired proposals ## 4 - Obligations Council obligations are payments or items that carry through council sessions. These are noted so that future councils can easily see what items they should be aware of. Items can be removed from here once they have been resolved or become outdated. ### 4.1 Current Documents / Processes - Council Report - Each council should produce a report which highlights important events, council participation, mint spending and other important facts surrounding the council term - Council Budget - This is a proposal which tries to guide how many tokens the current council may have available to it during a term. This is a non binding proposal, so is mainly used as a guide for now. ### 4.2 Documents WIP - Tokenomics Reports - This is a periodic report which should be produced after each council round has concluded. It should serve as a tool to see the overall economics of the platform. - Working Group Evaluations - This was introduced in KPI 15.5 and should serve as a way of evaluting the working groups, so far it hasn't been produced fully. ### 4.2 Regular Payments / Proposals - Council Mint - The council mint needs to be checked on a regular basis and in the event it is near depletion, a council member should notify a member of Jsgenesis in order for it to be refilled. - The council mint is set at a value decided by Jsgenesis. - Council Roles - Council Secretary - This role was introduced in Council Round #18 and the current payment is 2 million tokens per council round - Content Curator Mint - The Content Curator Mint currently has a maximum value of 1 million tokens. - The Content Curator Mint has to be filled periodically and the agreed amount was discussed earlier. The amount may change in the future, but the rewards for this role are dependent on the council passing these proposals in a timely fashion. - The Content Curator Lead role is expected to keep track of their mint level and any member of the Joystream platform can create a proposal to refill this mint. - Storage Mint - The Storage Mint currently has a maximum value of 5 million tokens. - This mint has be refilled periodically - The Storage Lead role is expected to keep track of their mint level and any member of the Joystream platform can create a proposal to refill this mint. ### 4.2 Bounties - Bounties are shown on the forum Bounties section: https://testnet.joystream.org/#/forum/categories/10 ## 5 - Report changelog - 04.11.2020 - added working group review section - 22.10.2020 - updated budget section to reflect nature of new budget system - updated events to be threads & events - 14.09.2020 - removed member addresses and replaced with member IDs since they take less space - added realized and unrealized spending