PROPOSAL: Farmer's Stats Page

Farmer’s Stats Page

Offer up a HNY bounty for a coder or team to design a more detailed stats page for farmers, as a lot of relevant information is lost when moving your LP tokens over from the Liquidity Pool to the farm.

• Add the 50/50 liquidity sloshing around
• Fees earned
• Liquidity Value
• etc

The more hard data and numbers available to farmers will attract new farmers and liquidity, growing the community.

4 weeks timeframe to get this done sounds reasonable but I’ll leave the real details to the experts.

I think between 1-10 HNY would be a good price to pay.

Any additional things you’d like to see on the page?

4 Likes

Welcome aboard! Just adding polls to help the decision making.
Nice proposal :slight_smile: :honeybee:

Do you support this proposal?
  • Yes
  • No
  • Abstain

0 voters

How much HNY for the proposal?
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0 voters

1 Like

This seems like a solid idea. Aside from converging on a price, seeing one potential issue.

Do you have developers in mind to do this work? Regardless, this brings up an interesting issue I imagine will crop up again. Namely, can proposal owners direct the efforts of 1Hive “core” devs? I imagine the answer is no, as the devs aren’t employees of the DAO, only members, typically with a lot on their plate and more ideas than time implement them. And even if you find outside devs, integrating that work into the main website may require some work from existing devs in the form of review, iterations, deployment, maintenance, etc. I don’t think it’ll be such an issue for this project, as it seems like fairly straightforward web development (though may be wrong here, not a dev), but something to consider.

1 Like

thanks @s_ben

I don’t have developers in mind, I’m just a dumb normie

1 Like

Welcome to the club :slight_smile:

2 Likes

Can you add 0.25 and 0.5 HNY to the proposal? I would vote for a payout of 0.25 or 0.5 HNY for this task.

Solid proposal, thanks!

A proposal of this nature to me is an open bounty on some specific task to be done. One of the existing devs (we don’t have core devs) can do it, or someone looking for a well-defined, already-proposed-and-accepted project can step up. Obviously it can’t be voted on until we have an address to send the funds to, but everything else (price, scope, timeframe) can be hashed out here.

1 Like

This makes sense, though bounties on something like this can be problematic. After much experimentation, crypto has generally been moving away from bounties (even Gitcoin). They work well for smaller, well-scoped tasks, e.g. tweet about our coin, write a 400 word blog. But once tasks become more complex, the amount of work becomes difficult to estimate. Perhaps that’s not such a problem here. If the hive only thinks this is worth 0.5 HNY, that’s what it’s worth. But something like this could easily take a contributor a lot longer than we’re imaging, making their per hour rate very low. Also, bounties incentivize low-quality work. Especially if multiple parties are competing to complete the same bounty, racing to complete the task. This is exacerbated if the contributor is not looking to invest in 1Hive, but just bouncing around making money. Owocki (CEO of Gitcoin) was lamenting recently that this was unfortunately common.

Perhaps I’m being too cynical, but curious what the process for bounties would be. Who OKs a dev to start work on this? Who determines if the task has been completed to the satisfaction of the DAO?

Is the payout sent before work starts (dangerous unless the contributor is already known and trusted), or after work has been completed? What happens if existing devs are too busy to take this on? What if the contributor that steps up is not that experienced and needs a lot of handholding and bandwidth from an existing dev? I’m not a dev, but know that front-end work can be a time sink, especially if you’re dealing with on-chain data.

If a kick-ass front-end dev wants to just step up and bang this out in a short amount of time, need little reviews and hand-holding, and is happy with 0.5 HNY, great. But I think that’s a risky assumption to make. Would be curious to hear from some of the existing devs, whether they’re interested in doing this themselves, what their bandwidth for supporting new devs is, or if I’m just way off and this is fine. I may be overestimating the scope here.

I’m not a dev so have no idea how much dev effort this would take, so I’ve said 3 hny - in my country that is 12-15 hours dev efforts but I think will be more for the east european countries where a lot of the devs are located.

Do any devs care to weigh in and give an estimate of how long they think this might take to do?

Is there any reason this has to be a separate page and not part of Honeycomb?

It’d be fine on Honeycomb, anywhere is fine with me. Just so that we can see the actual liquidity stats we would normally see without farming. Ideally this info would not be hidden by joining the farm community and, if anything, we should be seeing additional stats like maybe swap trends from within your pool and stuff like that. Maybe that’s getting too fancy, but I digress.

Especially for newcomers, seeing more data on the screen about their actual earnings would entice them to continue farming and providing liquidity longer.

I would read this as more of an “RFP” and we probably should have an RFP template, its not necessarily a bounty since we are not clearly specifying the scope or setting the the amount, but instead asking for a developer to come in, indicate what scope they are willing to take on, and what amount they would be willing to accept.

4 Likes

Yeah that sounds great.

I think this is a terrific idea.
Part of why I pulled Honey from Honeycomb was the hassle of pulling everything out to check for impermanent loss.
Having all the stats available would be great.

lkngtn’s idea to make it an RFP and let the devs who will do the work set the time and amount is excellent.

I’m not sure how much is reasonable, but half a Honey seems extremely tight.
Idk how to balance value, but some of us must be getting that a week in community participation/

The thing about dev work isn’t just the actual work but the long frustrating hours learning the dev work before we’re ready to sell our show on the road (Raises hand).

I guess we need to think about the value.
I think our interfaces are fallumping gorgeous and inviting.
Adding these features mentioned… being able to see our pools and earnings etc without removing tokens from the Farm, will be the chef’s kiss of usability imo.

3 Likes

• Real-time 50/50 liquidity
• Fees earned
• Liquidity Value
• Impermanent Loss calculator
• Swapping Trends
• Transactions (24H)

What else?

1 Like