Title: LXP Project
Proposal Champion:@Muxin_LXDAO
Date: Dec 18th 2022
TLDR:
LXP is LX Points, this project aims to automate and chain the process of requesting, recording and distributing LXP, then LXP can be easily, timely, publicly and transparently paid to our LXDAO contributors.
Description:
LXDAO currently uses points, or LXP, to record the value of buidlers/members contributions, which can motivate and reward people to build in LXDAO. We hope that this project can improve the efficiency of the whole process as well as upload the records on chain and automatically distribute LXP to specific contributors through smart contract.
current problems:
- Our accountant needs to proactively collect LXP for each project or individual, and the whole process is very inefficient and easy to miss.
- The current LXP is recorded on Notion and we cannot guarantee the reliability of this centralized system.
- The current LXP record is recorded at the end of the project and contributors do not see the value of their contribution at first glance, which does not serve as an incentive.
- The current LXP is not really on the chain yet.
- Our contributors currently do not have a very clear idea of how much LXP they have.
- The current LXP announcement and argue process is not perfect.
solution:
Based on the above problems, we plan to move the entire LXP application, recording and distribution process online as well as on-chain.
online system:
We will create two new pages on our LXDAO Official Website for submitting the LXP application and display the LXP publicity list.
- Each of the projects’ PM and individual(including LXDAO Builders and Members) can submit the LXP application, need to provide the following information: Type, Name, Address, Project Proposal Snapshot Link, LXP Amount and Reason etc.
- Once the LXP application is submitted successfully, we will immediately update it to the database of the official website, and buidler can see the LXP record on the personal profile page of the official website in time, and at the same time, we will call the LXP contract and mint the corresponding amount of LXP to the pool of the distribution contract (taskpay contract) (project/individual).
- On the LXP Publicity List page, it will show the list of LXP history records and the list of records in the public period (the last 7 days of each month), during the public period, each contributor has the right to argue about the questionable records, if it is confirmed that there is a problem, the super administrator has the right to reject this record (burn the corresponding LXP), if there is no problem, it can be publicised/directly issued again, after the public period is over, the super once issued, it means that we have to transfer the LXP in the distribution contract pool to the address of the corresponding contributor.
on-chain:
We have two contracts here, LXP Contract and Task Distribute Contract. In a short, we mint LXP from the LXP contract to the distribution contract, and then transfer LXP from the distribution contract to the specific buidler address based on the application and the LXP release instruction, and the LXP contract also has the ability to burn LXP by an administrator right.
Prototype & UI/UX design(still in progress) link: https://www.figma.com/file/fqSjbPeINvoQYZSqnElE9B/LX-Points?node-id=0%3A1&t=CuTq8RTCJ5pstpnm-0
Budget:
- 800 LXP for UI/UX Designer @TengWang
Senior Designer ~45U/h * ~18h ≈ 800LXP
@TengWang is in our core team, so the LXP should be 800 * 0.3 = 240LXP - 800 LXP for Project Manager @Muxin_LXDAO
Intermediate Project Manager ~40U/h * ~20h ≈ 800LXP
@Muxin_LXDAO is in our core team, so the LXP should be 800 * 0.3 = 240LXP - 1500 LXP for Front End Developer
1 Intermediate Front End Developer ~30U/h * ~50h ≈ 1500LXP - 800 LXP for Back End Developer
1 Intermediate Back End Developer ~36U/h * ~22h ≈ 800LXP
Duration:
Around 4 weeks
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