Proposal: Make ERC-20 Payments Permissionless?

📜 Proposals
1

I propose making the usage of ERC-20 tokens for bounty payments permissionless.

As of now, only ERC-20 tokens manually approved by Gitcoin can be used for rewarding bounty hunters. This slows down Gitcoin adoption by DAOs that have a not yet approved token.

To make Gitcoin more permissionless and more decentralized, I propose we open up for the opportunity for Gitcoin Bounties to be paid for with any ERC-20 token on Ethereum.

  • Yes: Permissionless choice of ERC-20 token
  • No: Gitcoin decides which ERC-20 tokens are allowed

0 voters

2

FYI anyone can propose a new token to gitcoin.co here: https://gitcoin.co/submittoken

Questions about this proposal:

  1. This proposal does not follow the governance process.
  2. If the vote passes, who is going to do the dev work to make this change to the system?
  3. Who is going to make sure the tokens in the system dont have malicious code in them?

Disclaimer: This post is for informative purposes only and is not financial advice. This post reflects my personal views, not a decision or commitment by Gitcoin governance. Forward-looking items in it are targets, not commitments. The information in these posts is subject to change as we continue learning. This post may contain estimates, may contain errors, and is provided on a best-effort basis. DYOR, do not make any financial decisions based on these posts.