timbeiko.eth
@tim
Why aren’t DAO delegates paid a % of the funds they have delegated to them, and then delegation being reset yearly? Seems like it would align incentives, and prevent checked out delegates from sticking around.
15 replies
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Linda Xie
@linda
Hm as someone who by default got a large amount of funds delegated to them in DAOs due to having some pre-existing distribution / name recognition, seems unfair?
3 replies
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166 reactions
timbeiko.eth
@tim
Why is it unfair? And also, knowing you’d get paid may change people’s calculus when delegating?
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Linda Xie
@linda
For example I was the largest delegate in Optimism at the start just because people recognized my name in the delegate list, doesn't mean I was the best and most engaged delegate and should be paid the most I wish token holders would be more informed and factor that in when delegating but in my experience vast majority don't look into details and just delegate to recognized names
1 reply
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timbeiko.eth
@tim
Well, to be fair, you’ve been a great delegate! Paying them by default means you get funds, yes, but would hopefully incentivize many more OPUser-esque ppl showing up 😄
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WebOfTrust
@weboftrust
Aha..this made my day but my motivation was not incentives, when I decided to join OP DAO, I was not even aware that there would be a reward for my participation. Two pillar governance model and Optimism alignment to support Public Good was my motivation.
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