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Where did this 1119 Dash come from?

Discussion in 'Budget Proposal Discussions' started by ec1warc1, Mar 25, 2018.

  1. ec1warc1

    ec1warc1 Active Member

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    This has been the tightest budget I have seen, with so many proposals and what appeared to be so little funding available. Then, out of the blue, 1119 Dash appeared:
    upload_2018-3-24_22-4-40.png
    This is good news for everyone, especially those with proposals up for voting this cycle. My question is: where did the money come from?

    Is there a place that explains the budget funding in detail, for example who gets paid when more proposals pass than there are funds to pay them all? Do past multi-month proposals compete each month with new proposals? If a multi-month proposal falls out of favor for not providing, can it be voted out of payments?

    Thank you everyone!
     
  2. TroyDASH

    TroyDASH Well-known Member

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    *In order to be approved, a proposal has to pass the following conditions:
    1. The "Net Votes" (i.e., the total of "Yes" votes minus the total of "No" votes) must be greater than 10% of all active Masternodes.
    2. The "Monthly Amount" requested must fit into the current total available budget. Proposals are given priority based on the "Net Votes." If there is a tie, the proposal with the most "Yes" votes gets priority.
    3. A proposal must be over 24 hours old.
    4. A proposal must be submitted at least three days before the budget deadline.
    A detailed explanation of the Voting and Budget system can be found here.

    Pasted from dashvotetracker.com
     
    • Informative Informative x 2
  3. DAOMN

    DAOMN Member

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    Hopefully, the budget goes over for once. Like to see that mechanism play out.
     
  4. demo

    demo Well-known Member

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    XnpT2YQaYpyh7F9twM6EtDMn1TCDCEEgNX
    The masternodes voted down some already approved proposals (from previous budget cycles) which binded money for several months.
    For example this one:
    https://dashvotetracker.com/history.php?ProposalID=469

    Also some other proposals initiated in this budget cycle, that were about to pass, seem to fail now.
    For exampe this one:
    https://dashvotetracker.com/history.php?ProposalID=518

    This is where the money came from.
     
    #4 demo, Mar 28, 2018
    Last edited: Mar 28, 2018
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  5. ec1warc1

    ec1warc1 Active Member

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    Hi @demo. Thanks for the response.

    I noticed that proposals start on the day that they are proposed and finish on x number of months thereafter. Is it possible that because many multiple month proposals finish in the middle of the month effect this? [even though they are paid at the beginning of the month].

    I would love to know more about this. I think it is the responsibility of MNOs to know how this works in depth. Knowing how much is in the budget effects the way people vote.
     
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