gm all, and thanks to @seedlatam for all the work you have been doing on this.
Here are some thoughts from my side, some of which I have already expressed through private feedback:
The program should incentivize the professionalization of delegates, but not their bureaucratization.
We should explicitly incentivize delegates to add value to the DAO and measure their impact, instead of purely evaluating their output. All a delegate needs to do today is vote and justify that vote, and bring home a considerable amount of money.
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We should strengthen the incentives for proactivity
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We should reduce the rewards for basic activities.
- Example 1: If a delegate is demonstrably reviewing on-chain code that will be executed during a Tally vote, they should be rewarded.
- Example 2: the program should formalize and reward delegates that push forward new initiatives
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Delegate compensation should be a mix of dollar value and ARB tokens.
- Reason: Delegates should be incentivized to drive value into the ecosystem, which should be reflected in ARB’s value. If there is no connection between compensation and the value of ARB, this focus will be lost.
- I suggest starting with an 80/20 split (80% fixed USD value, 20% in ARB).
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Exclusivity: Similar to Entropy’s proposal, a delegate or organization should receive a bonus if it is not working with competing DAOs.
Thanks for considering my feedback!