Summary of the above sentiment polls
Funding Treasury with RPL from Stakers
84% in favor of large reduction, e.g. half of their share
13% for smaller than half
16% no reduction
There is strong consensus that during Saturn 1, when RPL stakers are already getting ETH rewards and we’ve seen how migrations are proceeding, that some significant portion of RPL stakers’ RPL rewards be sent to the treasury. Note that these phase out in Saturn 2, anyway.
Next Steps
An RPIP diverting NO share of RPL to treasury will be drafted for eventual implementation during Saturn 1
Funding Treasury with ETH from rETH Commission
70% yes → 34% start at 0%, 21% start at 0.5%, 15% start at 1-2%
30% no
If yes, take this new pdao commission from node operator share, staked RPL holders’ share or both:
59% NO only (84% NO inclusive)
3% RPL stakers (38% RPL stakers inclusive)
There is strong consensus to at least build in a pdao share, that comes from the node operators share only, into the protocol by Saturn 1, if possible. The percent can then be adjusted as needed to either benefit node operator commission or fund protocol initiatives.
Next Steps
RPIP-46 will be updated and put to vote. The update will include a new pdao_share that will come out of node_operator share and be direct ETH funding to the treasury. There will also potentially be a vote to determine that starting value (or it will default be set at 0%).
Aside: It is currently not possible to get ETH out of the treasury, so that will need to be built in as well (it will be needed in the future, anyway). This might happen in Saturn 2.
ETH Diversification
no: 48%
yes: 13%
maybe: 39%
At this time there is not strong sentiment to immediately diversify treasury holdings into ETH by converting some percent of RPL inflows to ETH each cycle.
Next Steps
none
rETH Commission Decrease
no: 56%
yes: 44%
At this time, there is not strong consensus to decrease rETH commission from 14%. There are other ways to make rETH more appealing for now.
Next Steps
none
Surplus Share Vote
As some snapshot votes are incoming asap, in particular for modifications to RPIP-46, we should include in that round of voting the requirement from RPIP-46 that surplus share votes occur as well.
Next Steps
Snapshot vote to determine if any of voter_share in Saturn 2 should go to a surplus share that will be either: buy and burn RPL or liquidity pooling for RPL.
TLDR: RPIP-46 update votes incoming