Thanks again, @0xSoju , for your interest in our dashboard. As suggested by @0xSoju, we have created this forum thread to outline details for JUPDAO Governance Analytics Dashboard.
First, let me briefly introduce myself. Hi, Meow! My name is England, a JUP contributor who has recently joined JUP DAO and is also a part of Curia, a team dedicated to enhancing the DAO ecosystem. Our goal is to make meaningful contributions to various DAOs. For instance, we’ve built a governance dashboard for Optimism and SafeDAO
We’re keen on contributing to JUP DAO and are currently exploring ways to help improve JUPDAO, especially in terms of governance accessibility and transparency. One of our ideas is to help build a governance dashboard for JUP DAO. Our aim is to simplify complex governance data into clear insights, encouraging informed decision-making and active participation. The dashboard will feature analytics on voting patterns, participation rates, voting power distribution, unstake overtime, and proposal dynamics.
Metric Details
1. Holder Metrics
Total number of holder wallets.
Total token supply.
Votable supply (tokens in circulation that are eligible to vote).
This is great work – would love to have something like this for JUP.
Many of these metrics are interesting to know, but I think a ‘less is more’ approach would be ideal. Ill categorize below my input for what metrics would be preferred, what would be good to add, and what is perhaps less relevant.
Preferred
All holder Metrics
Voter Dominance
Voter Turnout
Participation per Proposal
Non-Minority Voters Participation
Minority Voters Participation
Non-Conformity Ratio
Voting Power Tracking
Proposal Outcome
Total # of proposals
Contentious / Not Preferred
Dedicated page for each voter
Rationale Vote
Stake/Unstake history
Voter Behavior/momentum
Unique Proposers
Proposal Type
Small & Big Meow holders metric (covered sufficiently in ‘Voter Dominance’)
Nakamoto Coefficient
New Features Preferred
With the “Unstake JUP overtime” - this would be ideal if we can also see the date/time in advance of pending unstaked JUP. So not solely how much JUP has been unlocked at present day, but the total unstaked JUP that is pending in advance with the 30d duration.
JUP transfers to other wallets that also participate in voting, perhaps something like Coordinape’s model so we can identify potential sybil attacks.
Rationale
Personally I don’t have issue with displaying voter profiles that show stake/unstake behavior, or what people have voted for in the past – however many would probably like to keep this information undisclosed. Perhaps a better option here would be to make it an “opt-in” feature by the voter. The norm being with political voting is that its a private decision, so there is a bit of a cultural difference here with what people would prefer. The same rationale here can be applied to unstaking being associated with anyones identity – as it can encourage a kind of collective shaming or ill-judgement that pressures explanation of financial situations and/or decision making.
On another note – since the JUP DAO is not yet engaging in technical proposals that directly execute on-chain for things like functionality, I think this can be more streamlined for the LFG launchpad voting. If governance is to expand jurisdiction beyond the launchpad, then adding the ‘Dedicated page for each voter’ to further facilitate the possibility of Delegation and tracking more metrics for Delegates would be ideal.
So that’s my two-cents – love the UI too btw, very clean and well designed. Apologies for the lengthy feedback… am working on being a simpler cat
It would be cool to see the tokenomics breakdown for all projects were voting on, it would also be great to have more understanding of how the rewards work for us newbies
Hey! @worza Thank you for your thoughtful feedback! We’re thrilled to hear you’re excited about the project. We’ll adjust our approach to focus on the metrics you’ve highlighted as preferred, and explore the possibility of incorporating your suggested new features.
This is an interesting idea. We also agree with it and plan to implement it into our dashboard!
However, in my opinion, this data is publicly disclosed and can be found on-chain, which will enhance the transparency of JUPDAO. For example, we could identify unusual behavior from stakers and develop initiatives to help solve these problems.
@c2yptic Thank you so much for your support and kind words! We’re thrilled to hear you like the UI design. Our team is working hard to bring this project to fruition, your feedback is always welcome!
@englandzz This is fantastic! We also need transparency on assets held by the DAO earned from launch fees and TGEs. The vote page is opaque by simply stating “75% Launchpad fees from WEN & more”. I would like to know how much was earned in both WEN and USDC, where those assets currently reside, etc. All of that information needs to be readily available to everyone.
With this information in hand, you could calculate estimates for the Active Staking Rewards owed to each individual holder, based on their staking and voting activity. Of course there would be huge disclaimer noting it is only an estimation based on votes during the current rewards period, and that the allocation will change as more proposals are put up to vote during the current rewards period.
Thanks to @GeekLad for the valuable feedback! You’re right about needing transparency on the DAO’s assets from launch fees and TGEs. This is important and it’s something we should cover in our treasury details. Right now, our main focus is on governance, but as we grow and have the resources, we plan to look into this area too. Appreciate your input!
I love this idea and the metrics shown. Metrics can provide insight into the health of the community and what might need to be addressed before something becomes a problem. It also helps to provide transparency and shows history. I would like to see all 5 categories become a reality.
You have alot to write here, I asked Simple question for help with some information on Jupiter staking and rewards but completely ignored it. You wanna reply here?
My questions was: I’m new in Jupiter space. I staked most of my coins on vote jup website.
Where do I see my rewards? How is it calculated? Why can’t I see the progress of my staked Jupiter tokens?
And how do we vote?
Can you or anyone reply please
@Jay-v All the answers to your questions can be found in the weekly FAQ, which can be consulted directly from the discord in the lounges where this document was published. Discord
This is just our demo; we would like to gather some feedback from the JUP community first to see if there is interest in this initiative. Are there any specific features that we need to add before pushing it to fruition?
Hey there, I’m new in Jupiter … I staked most of my coins on vote jup website.
Where do I see my rewards? How is it calculated? Why can’t I see the progress of my staked Jupiter tokens?
And how do we vote?
I do try to help where and whenever I can. Looks like others have attended your questions. With all due respect though, I volunteer my time and so you should not talk to me as if I owe you it.
Glad you got the information you needed, but do try to curb that sense of entitlement.
Where do I see my rewards? - not currently available How is it calculated? - relative to the amount of JUP you staked (providing you participate in voting. Why can’t I see the progress of my staked Jupiter tokens? - Not sure what you mean with this question. And how do we vote? head to https://vote.jup.ag/ connect wallet, click voting proposal, select vote option and submit.
I don’t really see a demo here. Is there an active site or are these just mock ups?
Anyway, I can tell you that there absolutely is interest in an initiative like this - especially around voter turnout and voter behavior.
IMO, the best way to go forward would be to create a live site as proof of concept and submit an actual proposal for a Trial WG complete with a budget request.
EDIT: I see you have already submitted a proposal for a DAO Monitoring WG.
