October Update- Recognized Delegate Program
The guidelines for compensation as a delegate as part of the the Recognized Delegates 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).
Voted Proposals; Interest Protocol
- August Delegate Program Administration Expenses (60)
- August Delegate Program Administration Expenses (59)
Eligible compensated delegates for October
Delegate | Voting Weight | Met Activity Requirement | Payment (IPT) |
---|---|---|---|
IPTMan | 3,777,400.9 | Yes | 31,160.38 |
PGov | 1,381,486.1 | Yes | 11,396.10 |
GovWeb3explorer | 424,979.1 | Yes | 3505.72 |