Proposal updated on 2023-06-28
title: [ARFC] Gas Rebate for Recognized Delegates
author: @lbsblockchain, @MarcZeller Aave-Chan Initiative (ACI)
This ARFC introduces a mechanism for reimbursing gas fees to recognized delegates who vote on-chain on Aave.
As Ethereum gas fees continue to rise, the cost of on-chain governance for delegates has proportionally increased. This ARFC proposes a rebate system for these gas fees, aiming to incentivize active engagement and cultivate a more diverse voter base.
Rebating delegates for their participation offers several benefits:
- Encourages more active engagement from the delegate community by eliminating the disincentive to vote, leading to better decision-making for Aave.
- Fosters a more diverse voter base, including student organizations, by reducing the barrier to entry for voting. This creates a more open and collaborative delegate ecosystem, driving participation.
- Helps retain top delegates to foster the growth of the Aave ecosystem. Aave should remain competitive with its peers (e.g., Maker) to attract and retain the best delegate talent. The fundamental cost of being an excellent Aave delegate should not result in a net cost to the delegate due to ever-increasing gas costs.
- Can be achieved at a relatively low cost. We also propose measures to reduce the administrative burden for Aave.
Every quarter, an ARFC will be proposed (with the current one being the first) to publish an AIP reimbursing gas fees spent by recognized delegates.
These gas fees are determined by an open-source script written by @JosepBove, which allows anyone to generate a JSON file of recognized delegates’ gas spending.
This script can be run and verified by any community member to approve the amounts distributed to recognized delegates.
Once a consensus has been reached on an ARFC, an appointed Governance Facilitator will submit an AIP to transfer aWETH to the delegate’s address. We initially propose that the Aave Chan Initiative serves as the Governance Facilitator.
We propose that the Gas Rebate Token be wETH.
here’s the output of the script for the previous quarter, covering AIP-165 until AIP-236 and Ethereum blocks from
|ACI AIP deployer||0x3Cbded22F878aFC8d39dCD744d3Fe62086B76193||0.33|
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