Simple Summary

Proposing the renewal of the Orbit program for recognized delegates, compensating them with GHO, associated with their governance activity during Q4 2024 ( From 2024-08-31 to 2024-12-14).

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, Q4 2024, from 2024-08-31 to 2024-12-14.

Specification

• Period Coverage: Q4 2024 from August 31th 2024 to December 14th 2024
• Eligible Platforms:
  • EzR3al: 0x8659d0bb123da6d16d9394c7838ba286c2207d0e
  • areta: 0x8b37a5af68d315cf5a64097d96621f64b5502a22
  • stablelabs: 0xecc2a9240268bc7a26386ecb49e1befca2706ac9
  • IgnasDefi: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0
• Budget: 60,000 GHO (aEthLidoGHO)
  • 15k total budget per platform
  • 1667 aGHO transfer ((15000/90)*10)
  • 13333 aGHO stream through 80 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 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.

References

• Implementation: AaveV3Ethereum
• Tests: AaveV3Ethereum
• Snapshot
• Discussion

Copyright

Copyright and related rights waived via CC0.