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Ren ProjectRen Projectby0xfAf632C5B30991ec8130F83B5AD287BA5340969D0xfAf6…969D

RIP-000-021: Determining which darknodes will be protected from the increased bond size

Voting ended almost 3 years agoSucceeded

We must officially determine which darknodes will receive protection from dilution as proposed in RIP-000-018.

A clear difference of opinion has been expressed within the community about the way forward: if darknodes should be protected from dilution in the first place, and if so who will be eligible? General consensus has been reached in RFC-000-051 around the following voting options:

Option 1: Darknode bond increases to 118K. Only darknodes registered at the vote of RIP-000-018, and are registered prior to the activation of 2.0 (either continually registered or de-registered and re-registered), will receive the 18K airdrop, which will be subject to a 26 epoch (approx. 2 year) vesting period.

Option 2: Darknode bond increases to 118K. Only darknodes registered at or prior to the vote of RIP-000-018, and are registered prior to the activation of 2.0 (either continually registered or de-registered and re-registered), will receive the 18K airdrop, which will be subject to a 26 epoch vesting period. In addition, the first 200 darknodes registered prior to the activation of 2.0, but not registered at or prior to the vote of RIP-000-018 will also receive the airdrop, which is subject to a 26 epoch vesting period.

Option 3: Darknode bond remains 100K and max (non-treasury) nodes of 10,000 is coded in, no airdrop will need to be provided as compensation for higher bond requirement.

Voting

Please rank the options in order of your preference

The vote will happen using Ranked Choice voting. This will prevent the vote to split between different options, the vote with the highest weight at the end of the voting period will win.


Further reading:

  • For more details on the proposal refer to: RIP-000-021
  • For more discussion and community opinions refer to: RFC-000-051

Off-Chain Vote

Option 1
1.08K REN-DN*54.9%
Option 2
407.28 REN-DN*20.7%
Option 3
469.15 REN-DN*23.8%
Reject
12.33 REN-DN*0.6%
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Discussion

Ren ProjectRIP-000-021: Determining which darknodes will be protected from the increased bond size

Timeline

Apr 04, 2023Proposal created
Apr 04, 2023Proposal vote started
Apr 12, 2023Proposal vote ended
Oct 26, 2023Proposal updated