Orbit Program Renewal
01Summary
Renewal of the Orbit delegate compensation program for Q1 2025 (December 14, 2024 to March 31, 2025), allocating 60,000 GHO to four recognized delegates (EzR3al, areta, stablelabs, and IgnasDefi) at 15,000 GHO each, streamed over 90 days to support their governance participation.
- Type
- treasury allocation
- Funding
- $60000 GHO
Key changes
- Allocate 60,000 GHO total to four eligible delegates (15,000 GHO per delegate)(high)
- Establish quarterly renewal cycle for Orbit program starting Q1 2025(medium)
- Implement new eligibility criteria requiring minimum 20k voting power and 85% vote ratio on all Snapshots and AIPs(medium)
- Distribute funds as 15,000 aGHO streams over 90 days per delegate(medium)
Notable concerns
- Service Providers are explicitly excluded from Orbit Program eligibility
- New stricter eligibility requirements (20k voting power minimum and 85% vote ratio) will apply to future renewals starting after this quarter
Generated by Kvorum
02Description
Simple Summary
Proposing the renewal of the Orbit program for recognized delegates, compensating them with GHO, associated with their governance activity during Q1 2025 ( From 2024-12-14, last date, until 2025-03-31).
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, Q1 2025, from 2024-12-14 to 2025-03-31.
From now on, all renews will be applied strictly by Quarters, and a new cutoff has been set on AIP 224, to apply again previous rules of a minimum of 20k voting power and 85% vote ratio on all Snapshots and AIP to be considered elegible to Orbit.
Specification
- Period Coverage: Q1 2025 from December 14th 2024 to March 31st 2025
- Eligible Platforms:
- EzR3al: 0x8659d0bb123da6d16d9394c7838ba286c2207d0e
- areta: 0x8b37a5af68d315cf5a64097d96621f64b5502a22
- stablelabs: 0xecc2a9240268bc7a26386ecb49e1befca2706ac9
- IgnasDefi: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0
- Budget: 60,000 GHO (aEthLidoGHO)
- 15k total budget per platform
- 15000 aGHO stream through 90 days
- Relevant Links:
- ACI’s Orbit tracker
Additional considerations:
As a reminder, Service Providers will not be considered elegible to Orbit Program.
A new vote rate cutoff will apply, starting next Orbit Renewal, where a minimum of 20k voting power and 85% vote ratio on all Snapshots and AIP will be considered in order to be elegible to Orbit Program, from AIP 224.
Funds are distributed based on 90 days, as seen on budget.
References
- Implementation: AaveV3EthereumLido
- Tests: AaveV3EthereumLido
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
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04Actions
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05Tally
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06Voters
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07Forum
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