[DIP v1.5]Delegate Incentive Program Questions and Feedback

[danielM]

Thanks @SEEDGov for this update [DIP v1.60] Updates Thread - #3 by SEEDGov

I appreciate your contribution to the ongoing improvement of the Delegate program. I have carefully read the new post and have some feedback.

@SEEDGov

From SEEDGov’s perspective—and considering that some delegates have already pointed out the presence of “unnecessary noise” due to the volume of comments on proposals—we believe that returning to a purely quantitative scheme would only exacerbate the issue. Instead, we are implementing the changes mentioned above to discourage actors who may be attempting to farm scoring in the Delegates’ Feedback parameter through excessive commenting.

With the proposed changes, if a delegate within the range of 50,000 to 100,000 ARB (as an example) voted on all possible proposals, their Voting Score would hover around 48. This means they would need 17 points to qualify for Tier 3 (almost half of the new DF score) and 27 points for Tier 2.

It seems to me that the introduction of a coefficient will lead to the fact that delegates who have less than 500k ARB (because every 500K give you only +1,5 points) will be forced to write a lot of comments in order to score 17 points and receive compensation. Wouldn’t such a division lead to even more empty comments - exactly what we wanted to avoid?

If earlier comments did not have such a strong influence on reaching the threshold of 65 scores, today for small delegates they will be vitally important, which is why there may be too many feedbacks that do not bring any value.

@SEEDGov

On the other hand, the recent inclusion of Delegates with significant Voting Power into the program excites us, as it demonstrates the interest of key stakeholders in the future of the DAO. However, we are concerned about contributors who have consistently provided valuable insights to discussions but currently lack representation or influence in voting. The concern lies in the fact that the merit of being a highly reputable contributor is not enough to motivate delegators to update their choice, nor investors/holders to leave their ARBs “idle” in their wallets. Vesting for DIP compensations was previously considered as a potential mechanism to increase Delegates’ VP. But, after analyzing its potential impact, we found that a Delegate receiving the maximum ARB compensation (16.5k tokens) with a 75% vesting schedule (12,375 ARB per month) would need approximately 7 years to reach 1M ARB in VP—assuming they never sell.

I have an idea. If we increase compensation by 7 times and only for those delegates of DIP who have a voting power of less than 1 million. Then we will not have to wait 7 years

@SEEDGov

Our goal is to develop a program capable of recognizing all types of contributions—not just forum comments, but also other off-chain delegate activities, such as engaging in the Telegram group or participating in various calls.

Please, leave a link to telegram.

Thanks in advance for your answers!