[AIP-57] Streamlining Extra Rewards Process

Author

Fry

Summary

This proposal is aimed at optimizing our current process for adding extra rewards to our ecosystem. The goal is to create a more responsive and efficient mechanism that aligns with the dynamic nature of our community and the broader market.

The current method involves initiating an AIP vote to introduce additional rewards. While this process has its merits, it has become evident that a more agile approach is necessary. Hence, I propose a shift in responsibility from the AIP vote to the DAO multisig, leveraging the same entity already managing the addition of pools to the Booster.

This proposal is not about reinventing the wheel but rather enhancing our operational efficiency. The AIP voting process has proven to be slow and cumbersome. By removing the AIP process for extra rewards and allowing the DAO multisig to make decisions ad hoc, we can streamline the process and better cater to the needs of our partners and users.

Crucially, this proposal introduces no new trust assumptions. On the Balancer side, they can already add extra rewards, which are then automatically picked up by the Aura smart contracts. Aligning the process with this existing practice ensures a smooth transition while significantly expediting decision-making.

In summary, this proposal aims to enhance our community's ability to adapt swiftly, collaborate effectively with partners, and elevate the overall user experience. I look forward to your feedback and support as we work together to propel our ecosystem to new heights.

Specification

If approved, adding extra rewards by no longer need to go through AIP, and decision making in this area will be transferred to the DAO multisig to make decisions ad hoc, leveraging the same entity already managing the addition of pools to the Booster.

Voting

This vote will be a single-choice vote. You may vote “For” or “Against” this proposal, or choose to abstain from the vote. By voting “For” this proposal, you are voting in favor of removing the need for an AIP to add extra rewards.