Orbit Program
Orbit Program
Author
karpatkey_TokenLogic_ACI
Creator
0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922
Simple Summary
This proposal includes the renewal of the Orbit program for recognized delegates. Compensating them with GHO and ETH reimbursement of Gas costs associated with their governance activity.
Motivation
The Orbit program Snapshot and discussion can be found here and here respectively. LBS updated their address here.
The following table outlines the proposed compensation for eligible delegates matching the requirements:
| Delegate Platform | Retro-Payment (GHO) | New Stream (GHO) |
|---|---|---|
| EzR3al | 5000 | 15000 |
| Stable Labs | 5000 | 15000 |
| LBS Blockchain | 5000 | 15000 |
| Michigan | 5000 | 15000 |
In terms of gas rebate, we included Gov V2 reimbursement & payload-related activity in the following table:
| Delegate / Service Provider | Gas Used (ETH) |
|---|---|
| ACI | 3.365 |
| Tokenlogic | 0.586 |
| Michigan | 0.276 |
| Wintermute | 0.2518 |
| LBS | 0.031 |
| StableLabs | 0.0342 |
| ezr3al | 0.3833 |
| Total | 4.9273 |
Note Michigan has rebranded as Arana as can be seen in the forum here.
Specification
- Create GHO streams for Orbit participants of 15,000 GHO for 90 days as detailed in the table above
- Transfer GHO for Orbit participants of 5,000 as retroactive payment as detailed in the table above
- Transfer ETH to delegates/service providers as detailed in the table above
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.