What is this about?

This discussion revolves around a proposal by 0x_Buidler for a reward system for GitHub contributors and participants of the first offline Arbitrum Devcon Hackathon 2022. The proposal requests 500k $ARB to be distributed based on tier-defined criteria, with the aim of recognizing and incentivizing these contributors and fostering a sense of community within the Offchain Labs ecosystem¹. The reward amounts are tiered based on the number of successful commits for GitHub contributors, with a total of 199,000 $ARB allocated for Hackathon participants and an additional 20,000 $ARB set aside for research and execution costs¹.

How is the community reacting?

The community is actively engaged in the proposal, with a request for comment period lasting one week. Feedback, concerns, and suggestions are highly valued, and the community is invited to participate in co-creating the proposal¹. The proposal originated as a thought exercise and has evolved through the collaborative efforts of the community, demonstrating the community's active engagement and input in shaping this proposal¹.

Why this is positive?

The proposal is a positive step towards recognizing and incentivizing contributors to the Offchain Labs ecosystem. It fosters a sense of community and encourages further contributions. The process is transparent, with the list of contributors and their number of commitments to be made publicly available on GitHub. The proposal also outlines future plans for continuous improvement and maintenance of a healthy and decentralized ecosystem¹.

Why this is negative?

The proposal could potentially be seen as negative if there are concerns about the fairness of the tiered reward system or the transparency of the process. However, the proposal emphasizes the importance of transparency, fairness, and accountability throughout the evaluation and distribution process, and the community is invited to provide feedback and suggestions¹.