RFC | MAGIC Fast Bridging Support

I came in at the back-half of the call, I may have missed parts of the discussion in the beginningā€¦ but I caught the discussion on HOP incentives at the end.

Specific to this RFC - I support as stands, but if others push to adjust the HOP incentives (reduce / eliminate / set an end date too) I would vote ā€˜Forā€™ in that case as well. I think realistically the main goal should be to get projects on the HOP protocol, so Iā€™m not going to blow up this type of value add over should we provide X or Y HOP. I also do think credit is due to MAGIC for bringing their own incentives to the table as well, and Iā€™ve been more ready to show support for projects that do this in general. If Iā€™m not mistaken the 12k HOP per month is the same rate as rETH (who also brought their own capital to the project), so itā€™s not an unreasonable amount given that was passed.

Forward-thinking, I do believe that some type of methodology for HOP incentives is a great idea. So I look forward to discussion on what that looks like. I think this and the rETH bridge will be a good starting basis for the discussions.

I do acknowledge that idea is being born out of this specific RFC. So I donā€™t necessarily want to ā€˜punishā€™ them for happening to be the protocol that triggered the discussion. Hench why Iā€™m open to support as presented. One of my thoughts is if these incentives should have a time limit, as I think the long term goal is use these subsidies early but ween off them as HOP matures. But with the rETH bridge already passed without one Iā€™d hate to create that ideological split among two similiar HIPs and tack that on to this Snapshot.

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