Goal:
Investigate and propose some options for notary incentives for performing their duties. These may be social (public recognition), ‘swag’, published reputation score, different tiers of responsibility, or economic (stake, collateral).
KPIs and where to find them:
- Number of notaries active in the last two weeks (datacapstats.io)
- Median time to notary engagement (to be on notaries.datacapstats.io)
Next milestone:
Prioritizing social and reputation scoring first, with more stats and confidence in leaderboard.
The goal is to create a single score that provides an estimate of a notary's overall performance, based on several different data sources. This score will help determine whether a notary is considered "good" or "bad," as defined in the following discussion post: https://github.com/filecoin-project/notary-governance/discussions/802#discussion-4747897
To achieve this, we aim to aggregate various notary metrics, such as notary TTD, notary engagement, client reputation score, and governance call attendance, from different data sources. By consolidating this information, we can create a more comprehensive and accurate assessment of a notary's performance.
Notes: Standardize and automate a score
Allows snapshot moment in time rating of notaries impact
Define scores and metrics
Rely on leaderboard
Promote and action based on scoring, such as new levels of power, faster reapproval during future election cycles, better dispute resolution
Can smart contracts for deal-terms allow for notary staking or collateral in the client deal-making? https://www.notion.so/filecoin/Investigating-design-for-trustless-notary-on-the-FVM-10fddf949dff4a0da81aeaa20a2a08cc?pvs=4
Investigate different models like staking collateral (to become a notary or on per client basis)
Sub Goal:
Test financial incentives with 24hr SLA (May - June Timeframe)