IMC Period 7 Report

As always, full deets in the spreadsheet: IMC tracking - Google Sheets


  • First period where we’ve considered our incentives in ETH (for rETH/ETH) and a mix of ETH and RPL (for rETH/RPL); no big challenge here
  • Optimism rewards starting to ramp - and we’re seeing the impact. The 1% price impact chart used to use a 10x multiplier on Optimism, but just going 1x now!
  • We recently voted in an RPIP-10 update - among other things it has rules around replacing committees if they’re made up of too many non-elected folks. The IMC is entirely non-elected, so you may have noticed we’re in the midst of a selection process there - huzza governance
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