About v.1.60
In fact, we have top 10 delegates with more than 130 million ARB.
This means that the assumption that top 50 delegates will have about 200 million ARB is not entirely correct.
We need to assume that the remaining 40 delegates must collect at least
200-130 = 70 million ARB
This means that the maximum value for the coefficient in the formula should be
70/40 = 1.75 million ARB
If we count a larger number (for example, top 20), the amount will be even less.
The end result is a system where active delegates with a small amount of VP cannot physically reach Tier 1, but delegates with a lot of VP can skip a few votes and still remain in Tier 1.
So the principle that with great power comes great responsibility does not work for top delegates.
Of course, I have a conflict of interest in this matter, but it seems to me that:
- Delegates with great VP do not need compensation.
They have enough funds for their activities and motivation of several thousand dollars does not help to make them act.
- It seems to me that the revision of the parameters for accounting of points in the incentive system needs at least some kind of agreement of delegates or some commission, otherwise the constant revision of the conditions will not allow delegates, for example, to hire people to involve them in the work of the DAO.
That is, delegates need stability