[RFC] Delegate UNI to delegates qualified for cycle 2 rewards

Requests for Comment
1

Summary:

This post aims to gather feedback from the community to delegate UNI from the DAO treasury to delegates who have qualified for the Delegate Rewards initiative.

Motivation:

In our post on ‘Preparing the DAO for possible Governance attacks, ’ some delegates suggested exploring increasing the voting power of active delegates to mitigate possible governance attacks. In line with this feedback, we would like to hear from the DAO if this is something that the community wants to explore and how to go about it. This would ensure that ‘x’ UNI participates in voting, thus increasing the cost of attack.

Specification:

Here is a VP snapshot of the delegates participating in cycle 2 rewards

Name Address Current VP
Michigan Blockchain 0x13BDaE8c5F0fC40231F0E6A4ad70196F59138548 3,857,736.24
StableLab 0xECC2a9240268BC7a26386ecB49E1Befca2706AC9 2,503,408.26
Arana Digital 0x0579A616689f7ed748dC07692A3F150D44b0CA09 289.84
PGov 0x3FB19771947072629C8EEE7995a2eF23B72d4C8A 2,501,034.69
GFXlabs 0xa6e8772af29b29B9202a073f8E36f447689BEef6 2,442,208.95
Franklin DAO 0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b 3,001,011.46
Gauntlet 0x683a4F9915D6216f73d6Df50151725036bD26C02 5,251,072.28
Karpatkey 0x8787FC2De4De95c53e5E3a4e5459247D9773ea52 860,398.94
404DAO 0xE93D59CC0bcECFD4ac204827eF67c5266079E2b5 2,508,977.53
0xKeyRock 0x1855f41B8A86e701E33199DE7C25d3e3830698ba 504,027.38
KFX(atiselsts.eth) 0xAac35d953Ef23aE2E61a866ab93deA6eC0050bcD 407,054.42
L2BEAT 0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 256,786.13
SEEDGov 0x12b30979b9A53bb0b42DEaaa974AC9304fAB0832 1,999.97
DAOplomats 0x057928bc52bD08e4D7cE24bF47E01cE99E074048 97.37
Tané 0xB79294D00848a3A4C00c22D9367F19B4280689D7 10.00
Argonaut 0x21b3B193B71680E2fAfe40768C03a0Fd305EFa75 20.01

These delegates were selected based on rigorous performance criteria and have already demonstrated their alignment with the DAO through various participation metrics. We want to leverage the work done by the Delegate Rewards Initiative team and suggest these delegates are the best candidates to receive a VP top-up from the DAO treasury.

Open Questions:

  1. How much VP should delegates receive?

The Delegation of UNI to Active but Underrepresented Delegates set a precedent of 2.5M UNI for these types of initiatives. But we would like to hear from delegates on how this could evolve or what this number should be.

  1. Should all delegates receive VP or only underrepresented delegates?
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2

Thanks for bringing up topic, and I saw @eek637 also brought up this topic on separate thread. I do think those who have above certain threshold for example StableLab shouldn’t receive additional delegation. We are happy with voting power we have. I believe it should be for those below certain threshold whether that’s 1 million or other levels the governance believes is reasonable.

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