We recently posted our Uniswap Gas Rebates Program, and I wanted to share my thoughts on these two programs and how they can complement each other.
Our goal with the Gas Rebate Program is to encourage further decentralization of Uniswap voters as aligned with [Delegation of UNI to active but underrepresented Delegates] proposal. These gas rebates make it easier for those with UNI to voice their opinion, especially those without gas costs sponsored by delegators or expensed by a company.
This Delegate Reward program seems to be more focused on compensating large and active UNI Voters . Being a delegate is a time-consuming task, and it does deserve compensation, but to be clear, these two proposals tackle two different goals imo.
Saying that, I have a few thoughts on this proposal:
- Arbitrum is currently working on a delegate incentive program that utilizes Karma. Maybe they can chime in here to suggest some improvements from their experience.
- Is there a minimum % for the communication metric, i.e., 80%, and will this be a contributing factor to determining the compensation?
- Depending on how this proposal spans out, we could automate payments through UMA’s OO, and StableLab can participate in the delegate program themselves due to the reduced administration work required.
- If both proposals move forward, we should work together, to prevent double dipping of delegates receiving payment from both programs.