Create a marketplace for humans in the registry to sell their vouchers to willing buyers. The marketplace will use Kleros arbitration to hold the payment + collateral of the buyer and seller. Kleros arbitration will unlock payment and collateral when the buyer is added to the registry or declined. Seller and buyer’s collateral should be a multiple of the listing price of a voucher.PoHUBI DAO will charge a 5% fee on all transactions. UBI DAO will decide how to allocate its fees. The collected fees should increase the value of holding the governance token, UBI. The marketplace should accept UBI or ETH.
- If the buyer is approved to the PoH registry then Kleros jurors unlock payment and seller’s collateral to the seller, buyer’s collateral to the buyer, and 5% fee of payment to UBI DAO.
- If the buyer is denied to the PoH registry, then Kleros jurors unlock payment and buyer’s and seller’s collateral to the seller and a 5% fee of payment is sent to UBI DAO.
- If the buyer is not vouched by the seller then payment and buyer’s and seller’s collateral is unlocked to the buyer and a 5% fee of payment is sent to UBI DAO.
Allocating the 5% Fee
The 5% fee should be allocated to the following
The fee takes advantage of the voucher price while it is high. Additionally it would allow the protocol to increase liquidity at a rate similar to the onboarding growth rate which is important as the token’s function is for it to be sold.
By increasing Proof of Humanity’s adoption with integrations, defi use cases, and social use cases developers can increase the value of being onboarded (vouchers). This would achieve the following: reinforce the 5% fee’s value and buying vouchers via burning future distribution proposals.