August Update (2024)- Recognized Delegate Program

The guidelines for compensation are applying the new amedments to the program Eligibility Amendment: Recognized Delegate Program Compensation - #7 by feems

Compensation Eligibility:

To be eligible for compensation as part of the Recognized Delegates Program, delegates must meet the following criteria:

  • Communicate on the IP forum how and why a delegate voted the way they did within seven days of the close of a vote (minimum 90% of the time) in their dedicated delegate thread.
  • Command voting weight greater than or equal to 1 basis point of the total IPT supply.
  • Participate in at least 90% of all on-chain IP votes within the previous 30 days, or have participated in 90% of the on-chain IP votes in the past 180 days.
  • The Recognized Delegate (or one authorized representative if a team or institution) must attend at least one public protocol development call each month, and for each 6 months of attendance each delegate gets 1 month pass never to have more than 2 months worth of longevity compensation passes accumulated.
  • Delegates must include in their delegate threads whether they attended community calls (CCs). The governance facilitator will check off attendance by liking the post.

Notes:

  • A “month” is calculated from the 5th of one month to the 5th of the next (unless the proposal is still active on the close date).

NB

*voting weight was measured based on the wallet provided on the delegate page

** Month is calculated from the 5th of the month until the 5th (unless the proposal is active on the close date)

Voted Proposals; Interest Protocol

None in August

Eligible compensated delegates for August

Delegate Voting Weight Met Activity Requirement Payment (IPT)
IPTMan 3,758,545.4 Yes 31,004.84
PGov 1,381,486.1 Yes 11,396.10
GovWeb3explorer 424,979.18 Yes 3,505.72
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