Hi there! We are thrilled to see this proposal and having a comprehensive framework for delegates.
As managers of Arbitrum’s Delegates Incentive Programs we’ve recently presented a report with some findings that support the motivations here outlined: ∼12% increase in participation from incentivized delegates - so hoping a positive impact for Lido as well!
We do have some questions:
- Is the current proposal comprehensive of the LIP-21 Simple On Chain Delegation or would it require a separate voting?
- Are the 2M LDO a possible outcome of the rally phase and then an eligibility requirement for the incentives program? (and not a requirement for the Delegate Application Process)
- What was the rationale behind the 2M LDO threshold?
Thanks!