RFC: Renewal of the Hop Delegate Incentivization Trial

New entrants should definitively be incentivized to enter and not penalized because they are new. The minimum participation metrics to be eligible for Delegate compensation should positively be reset on every cycle.

I also believe to be a good idea that delegates who have worked and gotten involved in the DAO from the start should be accounted for distinctively. If there were a total cumulative participation that goes farther than 6 months for the people that have been involved for more than one cycle - then there is also an incentive for the oldest delegates to keep participating and being active.

Perhaps we can include both stipulations, boosting $HOP depending on cumulative historic participation, and also considering the current cycle’s participation. This way, the DAO is not penalizing new entrants by granting them 0 $HOP for being below the hard punitive threshold, and it’s also distinctively recognizing those who have been working the longest.

Either way, everything can be re-reviewed after 6 months, so I am keen to see the DAO try new things and see how impactful they are. What do you all think?

3 Likes