Max Effective Stake for LEB8s (RPIP-8)

This vote is to specify the max effective stake for LEB8s.

Here's a table showing how the proposed strategies look for the minipool sizes that will be available in Atlas:

Option Name	Max effective RPL stake	Minipool16 (min-max effective)	LEB8 (min-max effective)
Scale with NO ETH	1.5*NO_ETH	1.6-24	2.4-12
Flat number of ETH per validator	24	1.6-24	2.4-24
Scale with Protocol ETH	1.5*Protocol_ETH	1.6-24	2.4-36

Note that while this vote is meant to establish our design moving forward, there are other ideas being actively pursued. As with the rest of RP - the DAO may vote for further changes in the future as it sees fit.

This vote uses approval voting. This means you can vote for one or more options, with each selection getting your full voting power. The intent is for voters to select all choices that they approve of (if multiple), instead of limiting them to their top preference.

Further Reading

• Full LEB proposal: RPIP-8
• An NO ETH centered proposal, with reasoning
• A protocol ETH centered proposal, with reasoning
• A flat number of ETH per validator is proposed here as a compromise position between the above two