Joxes
July 21, 2023, 2:52pm
34
We have posted an analysis about the delegate participation, current workload and incentives, highlighting the need for better mechanisms to increase the number of participants and diversity of voices.
A shared effort by our team @AxlVaz , @CryptoChica , @Jadmat , Joxes and @Netrim .
Summary Optimism Token House has been active for 1 year going through five seasons facing numerous changes throughout each season pursuing the best interest for the Optimism ecosystem. From the season 0 to 4, Optimism governance has established different processes for managing governance funds, protocol updates and other decisions to which delegates have had to adapt, even making the process more complex to guarantee; for example, the correct allocation of funds, with the introduction of committees, and later, the Grant Council. Over time, it has been possible to demonstrate the heavy workload that the delegates have had to face. For season 4, less than half of the delegates (>0.25%) had an active participation during the feedback and approval to vote process. In order to align the work of delegates and broaden the desire to participate, we believe that the path is to improve the incentive system aka rewards, as a way to increase the quality and fulfillment of the final goals.
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