Proposal - Delegate Incentive Program (DIP)

[SEEDGov]

@Djinn

How do we increase overall ARB holder participation to delegate and redelegate based on the actions of delegates?

DIP as a program has no scope over the decisions of holders on how to delegate their tokens. We believe this should be discussed within the Delegation Working Group of the Staking proposal.

@Djinn

How can we make sure that we encourage new delegates to step up and start their journey?

Some of the adjustments we’ve implemented were designed to attract new delegates, such as modifying the participation rate required to apply for the program.

Additionally, as Program Administrators, we will be reaching out to delegates who are eligible to participate in the program but have yet to do so:

@SEEDGov

What else can we do?

We are committed to reaching out to each of the delegates who meet the requirements to be part of the program but are not yet enrolled. Our goal is to encourage everyone to join, helping to maintain and increase the diversity of voices in Arbitrum DAO.

@raam

Thank you for your input.

As communicated to you previously, there is no additional KYC process involved for the extension of the DIP, only amendments for those that qualify for October and November.

In general, the compliance process has to be robust as possible and and a little tedious, because otherwise it creates room for human error, as seen in the past with certain incentive programs

Hi raam! Thanks for the clarification.

Apparently there has been a miscommunication on our side regarding the extension of DIP v1.0. However, we would like to take this opportunity to ask you if the delegates already enrolled in the first iteration will need to complete the KYC again if v1.5 is approved.