Orbit Program Renewal
01Summary
Renewal of the Orbit delegate compensation program for Q2 2024 (Feb 5 - May 13), allocating 60,000 GHO and 3.381 ETH to reimburse recognized delegates. Vote gas rebates discontinued due to Governance V3's Gelato gasless voting, but targeted gas rebates maintained for proposal creation and payload deployment activities by service providers ACI and TokenLogic.
- Type
- treasury allocation
- Funding
- $60000 GHO and 3.381 ETH
Key changes
- Discontinue general gas rebate program for delegate voting due to Gelato gasless voting integration in Governance V3(high)
- Maintain targeted gas rebates for proposal creation and payload deployment: ACI receives 2.74 ETH and TokenLogic receives 0.641 ETH(high)
- Allocate 60,000 GHO as delegate compensation for the quarter covering blocks 19162697 to 19860031 (Feb 5 - May 13, 2024)(high)
Generated by Kvorum
02Description
Simple Summary
Proposing the renewal of the Orbit program for recognized delegates, compensating them with GHO and ETH reimbursement of Gas costs associated with their governance activity.
Motivation
Orbit recognizes the added value of the Delegates in the decentralization & diversity of the Aave DAO. This compensation allows them to focus on aave and keep their contribution efforts to our governance. The ACI proposes the extension of Orbit for a new quarter.
With the transition to Governance V3, a significant feature introduced is gasless voting via Gelato integration on the DAO-run governance app, making it easier for delegates to participate without the burden of gas costs. This innovation prompts the proposal to discontinue the general gas rebate program. However, recognizing the continued necessity for proposal creation and payload deployment activities, we propose maintaining targeted gas rebates for these specific actions.
Specification
-
Period Coverage: Blocks 19162697 (5th Feb 2024) to Block 19860031 (May 13th 2024)
-
Eligible Platforms:
- EzR3al
- Stable Labs
- Saucy Block
- Areta
-
Gas Rebate: Since this period is entirely covered by Governance V3, the Orbit program does not reimburse delegate vote gas as their vote is now subsidized by Gelato. We will continue to reimburse Service Providers for their Governance-related activity:
- ACI : 2.74 ETH
- TokenLogic : 0.641 ETH
-
Budget: 60000 GHO and 3.381 ETH
-
Relevant Links:
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
- Target
- 0xd991…dcf1
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
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