community-repo/council/reports/giza/Giza_Council46_Report.md

Giza - Council Election Round #48 - 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 6.01 second blocktimes and not actual blocktimes. The Council Round number is taken from the chain, the KPI rounds have an offset number.

1.2 - Council Round Overview

• Council Election Round: #48
• Council Term: 46
• Start Block: #4698000
• End Block: #4798799
• Forum election thread, no feedback

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	Prop. Votes Cast	CM Own Stake	CM Voter Stake
@lkskrn	644	11	40000999	0
@xfactorus	635	7	29000000	10000000
@halk99	2374	11	2000	50000000
@freakstatic_council	321	8	50000000	0
@leet_joy	957	4	1000	25000000
@oxygen	3029	9	1000	35000000
@chiffah	2462	0	1000	37000000
@cheomsk	552	9	1000	43000000
@tomato	2	1	30000000	0
@maxlevush	2130	10	27900000	43700000
@igrex	1048	11	1000	45000000
@marat_mu	2154	7	40000000	10000000
		Subtotal:	216907999	298700000
		Total:	515607999

1.4 - Council Roles

• Council Secretary
  • None
• Council Deputy Secretary
  • None

1.5 - Council Mint & Budget Status

• Start minted: 1489070116
• End minted: 1572816411

• Total minted during council round: 83746295 tokens (+5.62% from start)

• Budget proposal link: https://testnet.joystream.org/#/proposals/813

• Budget forum link: https://testnet.joystream.org/#/forum/threads/717

(Note: The council budget is now based on the rewards for roles, council payments and validator payments. Jsgenesis decides how much to set the mint to.)

2 - Minutes

2.1 - Proposal Overview

Proposal Types

• 12 Proposals Created
  • 3 Text Proposals
  • 4 Spending Proposals
  • 1 SetWorkingGroupLeaderReward Proposals
  • 4 SetWorkingGroupMintCapacity Proposals
  • 0 BeginReviewWorkingGroupLeaderApplication Proposals
  • 0 TerminateWorkingGroupLeaderRole
  • 0 FillWorkingGroupLeaderOpening
  • 0 SetValidatorCount
  • 0 AddWorkingGroupLeaderOpening
  • 0 SetElectionParameters
  • 0 RuntimeUpgrade

Proposal States

• 10 Approved & executed proposals
• 0 Canceled proposals
• 0 Rejected proposals
• 0 Slashed proposals
• 0 Expired proposals
• 1 proposals passed to next council
  • These proposals didn't gather enough quorum in the current council term, so the votes are reset and passed to the next council.

Failed Proposals

• 0 NotEnoughCapacity failures

• 1 ExecutionFailed

• Total time for proposals to finalize: 310.88 hours

• Average time for proposals to finalize: 28.26 hours

  • This average is calculated from all proposals, including expired proposals but excluding canceled proposals.

2.2 - Proposal Breakdown

Proposal 1223 - refill Beta operations mint

• Proposal Link: https://testnet.joystream.org/#/proposals/1223
• Proposal Type: SetWorkingGroupMintCapacity
• Status: Approved & Executed
  • Time to finalize: 5699 blocks (9.52h)
• Created by: @leet_joy
• Participants: @igrex, @maxlevush, @oxygen, @lkskrn, @halk99, @xfactorus, @freakstatic_council, @tomato

Proposal 1224 - Council Minutes 45 + Builders Report

• Proposal Link: https://testnet.joystream.org/#/proposals/1224
• Proposal Type: Text
• Status: Approved & Executed
  • Time to finalize: 29555 blocks (49.37h)
• Created by: @l1dev
• Participants: @igrex, @leet_joy, @maxlevush, @marat_mu, @cheomsk, @lkskrn, @halk99, @xfactorus

Proposal 1225 - Update Curator Lead Reward

• Proposal Link: https://testnet.joystream.org/#/proposals/1225
• Proposal Type: SetWorkingGroupLeaderReward
• Status: Approved & Executed
  • Time to finalize: 25965 blocks (43.38h)
• Created by: @igrex
• Participants: @igrex, @leet_joy, @maxlevush, @oxygen, @cheomsk, @lkskrn, @halk99, @xfactorus

Proposal 1226 - Payments for Bounty #24 (23rd Week)

• Proposal Link: https://testnet.joystream.org/#/proposals/1226
• Proposal Type: Spending
  • Amount: 14807502
• Status: Approved & Executed
  • Time to finalize: 7112 blocks (11.88h)
• Created by: @leet_joy
• Participants: @igrex, @leet_joy, @maxlevush, @oxygen, @cheomsk, @lkskrn, @halk99, @xfactorus

Proposal 1227 - Bounty 18. Payments. 28-th week.

• Proposal Link: https://testnet.joystream.org/#/proposals/1227
• Proposal Type: Spending
  • Amount: 4455445
• Status: Approved & Executed
  • Time to finalize: 11907 blocks (19.89h)
• Created by: @np900
• Participants: @igrex, @leet_joy, @oxygen, @marat_mu, @lkskrn, @halk99, @xfactorus, @freakstatic_council

Proposal 1228 - Weekly Beta operations WG Report 3

• Proposal Link: https://testnet.joystream.org/#/proposals/1228
• Proposal Type: Text
• Status: Approved & Executed
  • Time to finalize: 28498 blocks (47.61h)
• Created by: @leet_joy
• Participants: @igrex, @maxlevush, @oxygen, @cheomsk, @lkskrn, @halk99, @xfactorus, @freakstatic_council

Proposal 1229 - Weekly CWG report 46

• Proposal Link: https://testnet.joystream.org/#/proposals/1229
• Proposal Type: Text
• Status: Approved & Executed
  • Time to finalize: 14227 blocks (23.77h)
• Created by: @oxygen
• Participants: @igrex, @maxlevush, @oxygen, @marat_mu, @cheomsk, @lkskrn, @halk99, @freakstatic_council

Proposal 1230 - Content Curator WG OKR rewards

• Proposal Link: https://testnet.joystream.org/#/proposals/1230
• Proposal Type: Spending
  • Amount: 3996004
  • Destination member: oxygen
• Status: Execution failed (ExecutionFailed)
  • Time to finalize: 13821 blocks (23.09h)
• Created by: @oxygen
• Participants: @igrex, @maxlevush, @oxygen, @marat_mu, @cheomsk, @lkskrn, @halk99, @freakstatic_council

Proposal 1231 - Curator Lead OKR rewards

• Proposal Link: https://testnet.joystream.org/#/proposals/1231
• Proposal Type: Spending
  • Amount: 3000000
  • Destination member: oxygen
• Status: Approved & Executed
  • Time to finalize: 17157 blocks (28.66h)
• Created by: @igrex
• Participants: @igrex, @maxlevush, @oxygen, @marat_mu, @cheomsk, @lkskrn, @halk99, @freakstatic_council

Proposal 1232 - Refill Builders Mint

• Proposal Link: https://testnet.joystream.org/#/proposals/1232
• Proposal Type: SetWorkingGroupMintCapacity
• Status: Approved & Executed
  • Time to finalize: 14967 blocks (25.00h)
• Created by: @lkskrn
• Participants: @igrex, @maxlevush, @oxygen, @marat_mu, @cheomsk, @lkskrn, @halk99, @freakstatic_council

Proposal 1233 - Refill Storage Mint

• Proposal Link: https://testnet.joystream.org/#/proposals/1233
• Proposal Type: SetWorkingGroupMintCapacity
• Status: Approved & Executed
  • Time to finalize: 17190 blocks (28.72h)
• Created by: @lkskrn
• Participants: @igrex, @maxlevush, @marat_mu, @cheomsk, @lkskrn, @halk99, @xfactorus, @freakstatic_council

Proposal 1234 - Refill CWG mint

• Proposal Link: https://testnet.joystream.org/#/proposals/1234
• Proposal Type: SetWorkingGroupMintCapacity
• Status: Passed to next council
• Created by: @oxygen
• Participants:

2.5 - Working Group Spotchecks

None

3 - Review

3.1 - Workflow, Performance, Challenges & Thoughts

None

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 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 payments are now managed by KPI rewards.
• Content Curator Mint
  • The Content Curator Mint currently has a maximum value of 5 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

• October, November 2021

  • proposals refactor, show amount for spending proposals
  • merge council report script into tokenomics generator (PR #485)

• 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