After consideration, the @SEEDgov delegation decided to vote “FOR” on this proposal at the Snapshot Vote.
Rationale
We agree with L2B and other delegates: considering the unlock rate, despite this modification in a short time, we will reach the actual required quorum levels, so a long-term solution is necessary.
We would like to know AF’s opinion (@arbitrum) about potential alternatives for solving the lack of participation (both from delegated and undelegated ARB ), and especially the lack of incentives to delegate VP to active delegates in the long term.
From our POV, staking aligned with involvement in governance for obtaining rewards is still the most viable alternative, even though we are unaware of the source of resources to be used to fund it
Now, we are invoking the AF because we understand that nowadays this process needs an entity/contributor that owns it. Right now, we all agree that a long-term solution is necessary, but this proposal never establishes an action plan to follow, or at least, to start to work on a permanent fix.