# \[ARFC\] Expansion of "Orbit" - A DAO Funded Delegate Platform Initiative **URL:** \ **Category:** Governance\ **Created:** [September 7, 2023, 1:50pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785 "2023-09-07T13:50:17Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![MarcZeller](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/marczeller/32/7124_2.png) [@MarcZeller](https://governance.aave.com/u/MarcZeller)\ **Post date:** [September 7, 2023, 1:50pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/1 "2023-09-07T13:50:17Z")
> Proposal updated to highlight short-list of selected delegated for the quarter > Second update to adjust recipient addresses of Stable Labs & LBS at their request. * * * ### Title: [ARFC] Expansion of “Orbit” - A DAO Funded Delegate Platform Initiative ### Author: Marc Zeller @marczeller - Aave Chan Initiative ### Date: 2023-09-07 * * * ## Summary: This ARFC proposes the expansion of the [“Orbit” delegate platform initiative](https://governance.aave.com/t/introducing-orbit-a-delegate-platform-funding-initiative-by-aci/13241), transitioning it from being funded by the Aave-Chan Initiative (ACI) to being funded by the Aave DAO. The goal is to enhance the sustainability and independence of the program, ensuring continued support for active delegates in the Aave community. ## Motivation: The pilot phase of Orbit, funded by ACI, has been a success in its first quarter. Recognizing its positive impact, there’s a need to expand and generalize the program, ensuring its longevity and alignment with the broader Aave community goals. ## Specification: The proposed funding for the Orbit initiative remains at $5,000 per month, with payments to be made in GHO stablecoin. Orbit operates on a quarterly basis, with eligibility criteria defined for each quarter. For the upcoming quarter, the eligibility criteria will mirror that of the [[ARFC] Quarterly Gas Rebate Distribution - August 2023](https://governance.aave.com/t/arfc-quarterly-gas-rebate-distribution-august-2023/14680). In subsequent quarters, a threshold of voting power and diversity of delegation will be introduced to ensure the program’s integrity and to prevent potential abuse. To fund the Orbit initiative, stablecoins from the Aave DAO treasury will be used to purchase GHO on secondary markets, which is expected to have a minor positive effect on the GHO peg. ### Eligible Delegates: | Delegate Name | Address | Participation Rate | | --- | --- | --- | | StableLab | 0xea172676e4105e92cc52dbf45fd93b274ec96676 | 100.0% | | ACI | 0x329c54289ff5d6b7b7dae13592c6b1eda1543ed4 | 94.67% | | Wintermute | 0xb933aee47c438f22de0747d57fc239fe37878dd1 | 93.33% | | Keyrock | 0x1855f41b8a86e701e33199de7c25d3e3830698ba | 93.33% | | LBS Blockchain | 0xb83b3e9c8e3393889afb272d354a7a3bd1fbcf5c | 86.67% | | HKUST | 0xe4594a66d9507ffc0d4335cc240bd61c1173e666 | 78.67% | | Michigan | 0x13bdae8c5f0fc40231f0e6a4ad70196f59138548 | 73.33% | | NewTokenLogic | 0x2cc1ade245020fc5aae66ad443e1f66e01c54df1 | 32.0%\* | _Note: Tokenlogic transitioned from an old to a new delegate address during last quarter, their cumulative score considering both addresses is matching other delegates scores_ ### Recipient Delegates here’s the list of delegates accepting participation in Orbit. for the next quarter | Delegate Name | Address | Budget | | --- | --- | --- | | StableLab | 0x9c489E4efba90A67299C1097a8628e233C33BB7B | 15.000 GHO | | Keyrock | 0x1855f41b8a86e701e33199de7c25d3e3830698ba | 15.000 GHO | | LBS Blockchain | 0xb5d08b1fDb70aE0Da7e07D201D4D8ffcA9d24dc1 | 15.000 GHO | | HKUST | 0xe4594a66d9507ffc0d4335cc240bd61c1173e666 | 15.000 GHO | | Michigan | 0x13bdae8c5f0fc40231f0e6a4ad70196f59138548 | 15.000 GHO | | **Total Budget** | **75.000 GHO** | | ### Implementation: If this ARFC gets governance support, the implementation will consolidate some Aave DAO treasury stablecoin holdings to acquire GHO on secondary markets. Subsequently, a new set of streams of 15,000 GHO will be created to the eligible delegates’ addresses for a period of 90 days. ## Disclaimer: The Aave Chan Initiative is not affiliated with or paid by any third parties to publish this ARFC. ## Next Steps: 1. Gather community feedback on this ARFC. 2. If consensus is reached, escalate this proposal to the ARFC Snapshot stage. 3. If ARFC snapshot outcome is YAE, escalate to AIP stage. ## Copyright: Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). ![image](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/2X/1/15941b8b67e5cd91913e0ad3b4c41f81ba5e4e5f.jpeg) ---
**Author:** ![MarcZeller](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/marczeller/32/7124_2.png) [@MarcZeller](https://governance.aave.com/u/MarcZeller)\ **Post date:** [September 7, 2023, 1:54pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/2 "2023-09-07T13:54:17Z")
As the ACI and matching our previous positions on the topic, while being eligible as delegates, We intentionally stay out of the Orbit program due to our position as service providers for the DAO. ---
**Author:** ![fig](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/fig/32/7063_2.png) [@fig](https://governance.aave.com/u/fig)\ **Post date:** [September 7, 2023, 2:28pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/3 "2023-09-07T14:28:50Z")
Glad to see this is being transitioned to a DAO-owned program. Part of the issue with the past program was it was discretionary in which delegates were included. The selected group and consideration process was opaque without much DAO insight. This seems to be a positive change with the right amount of collaboration. While this list rewards those who are most active in voting, it seems to ignore other community members focused on driving change and high impact. Is voting the only metric for contribution? If so, is it cumulative voting participation? Or quarterly, enabling resets? And, what do you mean by the quote below – speaking to future iterations: > [@MarcZeller](#): > > diversity of delegation Sounds like this may be the amount of unique delegators – or is this something else? It feels worth more clearly outlining the criteria so teams may better achieve these results. We’re eager to see this to becoming a more distributed program and more fairly rewarding delegates. Also, how is best to evaluate delegates who are currently up for a Service Provider proposal? ---
**Author:** ![TokenLogic](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/tokenlogic/32/8248_2.png) [@TokenLogic](https://governance.aave.com/u/TokenLogic)\ **Post date:** [September 8, 2023, 3:09pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/4 "2023-09-08T15:09:53Z")
Hi @MarcZeller, This is a great initiative from ACI. We are supportive of having a critical mass of delegates within the ecosystem and we encourage all present and future Service Providers to be active governance participants. Having not received any funding from the Orbit program to date, we intend to continue not receiving funding from the Orbit program for the foreseeable future. We would encourage other prospective Service Providers to adopt the same approach. Nice work @Kene_Anode and the StableLab team - 100% is impressive, well done. ---
**Author:** ![0xkeyrock.eth](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/0xkeyrock.eth/32/6082_2.png) [@0xkeyrock.eth](https://governance.aave.com/u/0xkeyrock.eth)\ **Post date:** [September 11, 2023, 11:21am UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/5 "2023-09-11T11:21:25Z")
Thanks for expanding this initiative @MarcZeller. We believe it will embrace more participation especially from “smaller” entities which is will be positive. If we receive GHO from the DAO as part of the Orbit program, we commit to deploy transparently in liquidity pools to further boost liquidity of GHO. Open to align with the potential Liquidity committee where should those funds be deployed. @TokenLogic @Dydymoon * * * > [@MarcZeller](#): > > In subsequent quarters, a threshold of voting power and diversity of delegation will be introduced Curious to learn more about the approach that will be taken here. There are ways to game the system but also is it fair if let’s say minimum voting power is defined as 30K AAVE? That would distribute the funds to only very few selective entities. Depending on the stream value, it could be that someone creates a delta-neutral exposure based on the threshold → becomes a delegate, receive the orbit funding and then make the spread of the funding - funding fees on shorting. ---
**Author:** ![WintermuteGovernance](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/wintermutegovernance/32/9926_2.png) [@WintermuteGovernance](https://governance.aave.com/u/WintermuteGovernance)\ **Post date:** [September 12, 2023, 12:25am UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/6 "2023-09-12T00:25:28Z")
We are honoured to be considered as an eligible delegate for the expansion of Orbit, and a big congrats to all other qualified delegates! However, we will humbly decline our portion of GHO rewards and request that our share of rewards be retained for the next quarter to continue supporting Orbit to promote delegate diversity and inclusion. Thanks @MarcZeller ---
**Author:** ![JosepBove](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/josepbove/32/2367_2.png) [@JosepBove](https://governance.aave.com/u/JosepBove)\ **Post date:** [September 12, 2023, 6:27am UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/7 "2023-09-12T06:27:29Z")
> [@0xkeyrock.eth](#): > > There are ways to game the system but also is it fair if let’s say minimum voting power is defined as 30K AAVE? From my point of view, we should have a high voting power as a minimum. > [@fig](#): > > While this list rewards those who are most active in voting, it seems to ignore other community members focused on driving change and high impact. Is voting the only metric for contribution? About this, I think that the main task for a Delegate is representing the people that delegated the votes to the platform (I imagine them as political parties), this is why high participation on voting is required. However it’s very hard to mesure the impact of a Delegate if it’s not vote-based, do you have any ideas? Disclaimer: This is my own POV and not ACI’s ---
**Author:** ![MarcZeller](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/marczeller/32/7124_2.png) [@MarcZeller](https://governance.aave.com/u/MarcZeller)\ **Post date:** [September 17, 2023, 4:06pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/8 "2023-09-17T16:06:21Z")
Proposal escalated to the [snapshot stage.](https://snapshot.org/#/aave.eth/proposal/0xecd62eb5dca71e47e7e1d0e88f8e6127857c051bea190fe0eb665636b33caa62) voting starts tomorrow ---
**Author:** ![MarcZeller](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/marczeller/32/7124_2.png) [@MarcZeller](https://governance.aave.com/u/MarcZeller)\ **Post date:** [September 27, 2023, 9:28am UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/9 "2023-09-27T09:28:00Z")
as this AIP is about to be escalated to AIP stage, we request @HKUST_EPI_BLOCKCHAIN to confirm `0xE4594A66d9507fFc0d4335CC240BD61C1173E666` is a suitable address to receive their Orbit compensation. ---
**Author:** ![MarcZeller](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/marczeller/32/7124_2.png) [@MarcZeller](https://governance.aave.com/u/MarcZeller)\ **Post date:** [October 5, 2023, 12:36pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/10 "2023-10-05T12:36:30Z")
The AIP was successfully executed. Congrats to All Orbit Grant recipients. ---
**Author:** ![system](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/2X/e/e11637c36f45ffa158f2146f5c19438d46e0824d.svg) [@system](https://governance.aave.com/u/system)\ **Post date:** [November 4, 2023, 12:37pm UTC](https://governance.aave.com/t/arfc-expansion-of-orbit-a-dao-funded-delegate-platform-initiative/14785/11 "2023-11-04T12:37:03Z")
This topic was automatically closed 30 days after the last reply. New replies are no longer allowed.