RFC: Renewal of the Hop Delegate Incentivization Trial (3rd Period)

The below response reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.

We’ll be voting in favor of the proposal during the temp check to signal our support for renewing the delegate incentives. However, we echo the concerns raised above and we want to see them addressed before an on-chain vote.

We should implement a simplified system to track delegates’ participation both during votes on Snapshot or Tally and also in the forums and calls. Other DAOs have also worked on this (e.g. Arbitrum) and we can borrow from their setup, especially given the smaller size of Hop’s DAO. And with @Francom acting as the Head of DAO Ops, we should be able to handle a bit of manual tracking where needed without needing to introduce a whole new role.

We also agree that gas reimbursements should be denominated in ETH and not in HOP. @0xLev1 is working on an initiative for treasury diversification and perhaps the need for ETH for gas reimbursements should be taken into consideration.