Proposal: Experimental Incentive System for Active ArbitrumDAO Delegates
AI summary
This proposal introduces an experimental, six-month incentive program for active ArbitrumDAO delegates. It aims to encourage participation in governance by rewarding 50 delegates with 5,000 ARB tokens per month, totaling 1,500,000 ARB for delegate incentives. An additional 25,000 ARB is allocated for an Incentive Program Administrator. Delegates must have over 50,000 ARB voting power and a historical participation rate above 25% to be eligible.
If passed, 50 active delegates will receive 5,000 ARB (approximately $5,000 at current prices) monthly for six months, totaling $30,000 per delegate. The DAO treasury will disburse 1,525,000 ARB (approximately $1.5 million) over this period. This could increase delegate engagement but also concentrates rewards among a select group.
Voting results
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Abstract
We introduce an Experimental Incentive System aimed at the ArbitrumDAO delegates with a duration of six months. The goal is to assess the incentives' impact on the delegates' active participation and involvement in the DAO's governance. This proposal is subject to changes.
Motivation
This proposal represents an improved version compared to previous initiatives and requests for comments (RFCs):
- [RFC-2] Delegate Incentive System for ArbitrumDAO
- [[DRAFT] Experimental Incen…