[ARFC] Quarterly Gas Rebate Distribution - August 2023

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governance.aave.com

TL;DR:

The Aave governance discussed a proposal by MarcZeller for a quarterly gas rebate distribution for delegates, with a total of 2.7 ETH to be distributed and voting requirement lowered to 70%. The script for tracking gas expenditure was improved, and entities with the highest votes were StableLab, ACI, Wintermute, and Keyrock, while a proposal to address "zombie delegators" has been escalated to the AIP stage.

The discussion revolved around the proposal for the quarterly gas rebate distribution for recognized delegates in the Aave governance, put forward by MarcZeller. The proposal aimed to reimburse the gas costs incurred by delegates during their participation, with a total of 2.7 ETH to be distributed. The voting requirement was lowered to 70% from 80% to include Michigan & HKUST, and the script used to track gas spent was updated to better track gas spent by Gnosis Safes. This improvement was a joint effort by JosepBove & MarcZeller.

Feedback from 0xkeyrock.eth and TokenLogic was positive, with both supporting the lowering of the participation rate to 70%. TokenLogic also appreciated the script improvements and Alice's work on building on the earlier work by Flipside. MarcZeller provided an update on the block range considered for the rebate distribution and listed the addresses of the delegates considered for the rebate. The entities with the highest votes were StableLab, ACI, Wintermute, and Keyrock, each with over 70 votes and a participation rate above 93%.

The Aave DAO community was praised for its activity, with special mentions for Callen_Wintermute, 0xkeyrock.eth, Lbsblockchain, and others. Despite TokenLogic's migration to a new multisig making them appear less active, they are still among the top contributors. MarcZeller also pointed out the presence of "zombie delegators", platforms that have been inactive throughout the quarter. A proposal has been escalated to the AIP stage, with voting set to start the following day.

Posted 3 months ago

Last reply 3 months ago

Summary updated 2 months ago

Last updated 06/12 00:43