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Status Token Registry: Default Supported Tokens for Status Wallet #18

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3esmit opened this issue Nov 14, 2017 · 7 comments
Closed

Status Token Registry: Default Supported Tokens for Status Wallet #18

3esmit opened this issue Nov 14, 2017 · 7 comments

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@3esmit
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3esmit commented Nov 14, 2017

Preamble

Idea: <to be assigned>
Title: Status Token Registry
Status: Draft  
Created: 2014-11-12  
Required by: #3 

Summary

Create a Token Registry owned by SNT holders

Vision

Token Registries may get bloated with worthless tokens, leading to high processing in wallet load, to solve this, a Token Registry controlled by SNT holders would be deployed for use in #3 , where the addition of tokens would only happen upon approval of a SNT holders quorum. Any change on the registry should also happen upon SNT holders quorum.
To incentive SNT holders to accept a registry, the registrant can place a bribe to distribute among all yes-voters and Status Network reserve.

Swarm Participants

  • Smart Contracts: @3esmit
  • Wallet integration:
  • SOB integration:
  • Testing & Evaluation:
  • Review:

Requirements

Goals & Implementation Plan

Minimum Viable Product

Goal Date:
Description:

Iteration 1..N

Goal Date:
Description:

Supporting Role Communication

Post-Mortem

Copyright

Copyright and related rights waived via CC0.

@3esmit 3esmit changed the title Token Registry used by Status Wallet controlled by SNT holders consesus Token Registry used by Status Wallet controlled by SNT holders consensus Nov 14, 2017
@3esmit 3esmit self-assigned this Nov 14, 2017
@3esmit 3esmit added the draft label Nov 14, 2017
@jeluard jeluard mentioned this issue Nov 14, 2017
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@3esmit 3esmit mentioned this issue Nov 15, 2017
@jacqueswww
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jacqueswww commented Nov 17, 2017

This might be a perfect incentive to burn some SNT, what do you think ? Allowing all SNT to get a token listed on the registry burn the SNT on succesful addition.

@andytudhope
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Yes! This is what I've been advocating for some time. "Burn, burn with me love" ;)

@jacqueswww
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Well the idea of bribes and community voting could still remain, this would just be an initial listing fee (I'd prefer it being pegged to usd). I remember paying 5 or 10 usd to get a chrome extension on the web store for example - it's quite a common strategy it seems ;)

@3esmit 3esmit mentioned this issue Nov 19, 2017
@3esmit 3esmit changed the title Token Registry used by Status Wallet controlled by SNT holders consensus Status Token Registry: Default Supported Tokens for Status Wallet Nov 23, 2017
@3esmit
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3esmit commented Nov 23, 2017

There is no fixed "fee" to register, instead a faculty "bribe" can be placed with the request.

This bribe is divided by half, where half is divided in between who voted (no matter if yes or no).
The other half, in case approved is sent to a Locker Reserve, in case of disapproved is returned back to requester.
The Funds in locker are available to Status Network and may be used in Future.

Editing a registry is possible, but will fall into democratic vote again, with a possible "bribe" incentive. The request to edit must come only from registrant, but the registrant should be able to forcefully changed by SNT democratic vote through a "curator delegate topic".

@3esmit
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3esmit commented Nov 27, 2017

We could use 0xProject Token Registry, as they are our parteners, or make it user-selectable if want Status Token Registry or 0xProject, as they will be ABI-compatible in between each other, as following ethereum/EIPs#22

@naghdy
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naghdy commented Feb 18, 2018

Closing this as its gone stale. Feel free to re-open if its still relevant or if there is someone working on it.

@naghdy naghdy closed this as completed Feb 18, 2018
@3esmit
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3esmit commented Oct 6, 2019

@andytudhope Are you working on this?

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