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The ArbitrumDAO is considering an Experimental Incentive System to boost delegate participation in governance through a structured reward mechanism, with mixed community reactions highlighting both potential benefits for active engagement and concerns over quality and fairness. The system, still open to adjustments, will undergo community feedback and voting, with the possibility of implementation following endorsement and monitoring of its effectiveness.
The discussion revolves around a new proposal for an Experimental Incentive System for active ArbitrumDAO delegates. The system is designed to increase participation and involvement in governance by providing incentives to delegates based on their activities and contributions. The proposal includes a three-tiered delegate selection process, a scoring system with various weighted parameters, and a bonus point system for significant contributions. A total of 30 delegates would be selected to receive incentives from a funding pool of 1,080,000 ARB over a six-month trial period. Delegates are required to confirm their participation and report their activities, with payments made in ARB tokens. The proposal also suggests a multisig configuration for fund management and the use of the Karma delegation dashboard to track delegate activities.
The community has provided mixed feedback on the proposal. Some members, like Mmurthy and Bob-Rossi, have shown support for the initiative, emphasizing the importance of incentivizing active and effective delegates. Others, such as Maxlomu and Patrick_J, have raised concerns about the potential for the system to favor quantity over quality, the risk of collusion, and the complexity of the proposed tier system. They have suggested modifications to the framework, including baseline compensation for all active delegates, rewards for specialized expertise, and a more objective criteria for rewards. Cattin has responded to the feedback by proposing adjustments to the framework and considering an increase in the number of selected delegates.
Posted a month ago
Last reply 17 days ago
Summary updated 12 days ago
Last updated 06/12 00:44