[ARFC] Orbit Program Renewal - Q4 2024
Author: ACI (Aave Chan Initiative)
Date: 2024-12-06
Summary
Proposing the renewal of the Orbit program for recognized delegates, compensating them with GHO, associated with their governance activity during Q4 2024 ( From 2024-08-31 to 2024-12-14).
Motivation
Orbit recognizes the added value of the Delegates in the decentralization & diversity of the Aave DAO. This compensation allows them to focus on Aave and keep their contribution efforts to our governance. The ACI proposes the extension of Orbit for a new quarter, Q4 2024, from 2024-08-31 to 2024-12-14.
Specification
- Period Coverage: Q4 2024 from August 31th 2024 to December 14th 2024
- Eligible Platforms:
- EzR3al
- Areta
- StableLab
- IgnasDefi
- Budget: 60,000 GHO
- Relevant Links:
Additional considerations:
As a reminder, Service Providers will not be considered elegible to Orbit Program.
A new vote rate will apply, starting next Orbit Renewal, where a minimum of 20k voting power and 85% vote ratio on all Snapshots and AIP will be considered in order to be elegible to Orbit Program.
Next Steps
- Gather community feedback on this ARFC.
- If consensus is achieved, escalate this proposal to the ARFC snapshot stage.
- If the ARFC snapshot outcome is YAE, proceed to the AIP stage for implementation and funding allocation in cooperation with Aave Finance service providers via an ad-hoc AIP vote or bundled in one of their treasury management AIPs.
Disclosure
The ACI is independent and has not received any form of compensation from related parties for the drafting of this proposal.
Copyright
Copyright and related rights waived under Creative Commons Zero (CC0)
Off-Chain Vote
YAE
845.74K AAVE100%
NAY
2.36 AAVE0%
Abstain
233.03 AAVE0%
Discussion
Timeline
Dec 10, 2024Proposal created
Dec 11, 2024Proposal vote started
Dec 14, 2024Proposal vote ended
Feb 03, 2026Proposal updated