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This issue proposes the implementation of a funding and rewards mechanism for elections. The feature will allow election creators to fund their elections (e.g., with ETH or tokens) and distribute rewards to participants (e.g., voters or candidates) after the election ends. This can incentivize participation and make the platform more engaging.
Problem Statement
Currently, the election system lacks a mechanism to:
Allow election creators to fund their elections.
Reward participants (voters or candidates) for their involvement.
Distribute funds transparently and fairly after the election ends.
This feature will address these gaps and enhance the overall user experience.
Proposed Solution
Key Features
Election Funding:
Allow election creators to deposit funds (ETH or tokens) into the election contract.
Track the total funds available for rewards.
Reward Distribution:
Distribute rewards to voters or candidates after the election ends.
Allow the election creator to define the reward structure (e.g., equal distribution, winner-takes-all).
Transparency:
Emit events for funding and reward distribution.
Provide functions to query the available funds and reward details.
The text was updated successfully, but these errors were encountered:
Hey @asmit27rai , even though this is a good issue, there are a lot of drawbacks to implementing a reward system. The major concern is bot attacks, where users could create bots to generate multiple wallets, vote, and claim rewards. Additionally, elections offering lower incentives may struggle even more to attract voters, as people will prefer elections with higher rewards. Lastly, I'm not sure if rewarding people for voting is legally appropriate, as voting should be a necessity, not just a means to earn rewards.
Election Funding and Rewards
Description
This issue proposes the implementation of a funding and rewards mechanism for elections. The feature will allow election creators to fund their elections (e.g., with ETH or tokens) and distribute rewards to participants (e.g., voters or candidates) after the election ends. This can incentivize participation and make the platform more engaging.
Problem Statement
Currently, the election system lacks a mechanism to:
This feature will address these gaps and enhance the overall user experience.
Proposed Solution
Key Features
Election Funding:
Reward Distribution:
Transparency:
The text was updated successfully, but these errors were encountered: