Hey @SEEDGov , I have some questions.
Is this still relevant for DIP v1.5?
If the DIP application has been approved, is it necessary to send data for KYC?
IMPORTANT ATTENTION: KYC
Once a delegate’s application has been confirmed , in order to receive any sort of compensation, it is necessary for delegates to complete a KYC process administered by the Arbitrum Foundation. Applicants should send an email requesting the foundation’s KYC process to compliance@arbitrum.foundation.
And say please: how long must the delegate have >50k ARB voting power?
Is this still also relevant for DIP v1.5?
How long must the delegate have >50k ARB voting power?
Upon enrollment in the program, and throughout each month, delegates must ensure that they maintain, for at least 85% of the monthly duration, a VP equal or greater than 50k ARB. This translates to maintaining the required VP for a minimum of 25 days per month. Failure to meet this requirement will result in the delegate not being considered for the program for the current month and subsequent months until they manage to restore their VP to the required level and maintain it above 85% of the time.