[AAVE] Orbit Program Renewal - Q4 2024
Simple 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:
- Budget: 60,000 GHO (aEthLidoGHO)
- 15k total budget per platform
- 1667 aGHO transfer ((15000/90)*10)
- 13333 aGHO stream through 80 days
- 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.
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.
Off-Chain Vote
Discussion
Timeline
Dec 17, 2024Proposal created
Dec 18, 2024Proposal vote started
Dec 20, 2024Proposal vote ended
Mar 26, 2026Proposal updated