September 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
None in September
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 | 424,979.1 | Yes | 3505.72 |
Note: GovWeb3explore did not attend the CC they are eligible under the new compensation note “If any delegate is or has been conducting business for the protocol or is or has done ‘above and beyond’ work any time in the past year, they will get 1 free month pass they can exercise at any time to get their compensation.”