Bounties
RocketArb for closes
I wrote it so I unshockingly support it. People complain about this being missing slash ask for it to exist in discord. Thatās pretty rare.
Rocket Pool Support Payments Dec 2024-May 2025
Huge differentiator for RP - yes.
STAR Initiative (rETH Incubator)
Support. I do have some tweaks Iād suggest:
Support minting and buying equally. Doesnāt really matter what the rETH demand looks like, and as good partners we shouldnāt be pushing folks to mint if thereās a discount, eg.- Define tier 5 piecewise. Eg: 0.5% payout up to 2E (the first $1.6M), then 0.1% payout from there. I think thereās value in both amount of demand and also in amount of treasuries that have rETH. If we can make diversifying into rETH (and/or going hard on rETH to make an ethos point) standard operating procedureā¦ thatās super valuable. Ie, Iād be willing to pay more incentives for 40 $1M investments than for 1 $40M investment.
- Pay out tier 5 with a stream (0xsplit, llamapay, etc). If the rETH is sold/burned, GMC can stop the stream.
Lottery for rETH holders
I donāt see any reason to believe this would generate significant demand. Pooltogether has a WETH pool making 8.3% that has attracted under 300 ETH. To put that in perspective, we have a rETH yield around 2.9%, so getting that to 8.3% would require ~2100 ETH per period (rETH_TVL_in_ETH*(apy/13) = 507630.63*((0.083-.029)/13)), which is over 100x the GMC budget per period. Maybe we do a bit better cuz itās ETH instead of the POOL token, but it feels like weāre orders of magnitude away.
Pushing back on @peteris ā itās $1k to develop the infra, but the main cost is funding the lottery itself.
(update 12/26: my numbers above are to get all of rETH to 8.3% which isnāt fair. Itās probably more fair to say something like āhaving this pool attract 1% of rETH TVL would cost 21 ETH per period, which is approximately 110% of the full GMC budgetā or maybe āthis demand multiplier might be around 15x, which is worse than we see in LPs as describe in Discordā)
Retros
None
Grants
Rocket Pool Validator Monitoring Integration with ethseer.io
Itās unclear to me whatās being offered here. Is it just adding the RP label to their existing stuff? If so, it seems like beaconcha.in lite. See https://beaconcha.in/validator/6791 vs https://ethseer.io/validator/6791?network=mainnet. It sounds like maybe the intent is to allow grouping into validator or RP node, so maybe thatās moderately interesting? $8k isnāt a lot, but Iām currently not clear on a unique feature being added or a feature being refined to be better than otherwise available.
Rocketpool AI Assistant
Iām very against AI for things where (a) errors matter a lot and (b) the consumer is not expert enough to check if the answer is good or not. Likeā¦ what if the AI tells someone that the way to burn rETH is by transferring to the rETH contract or something? Big nope.
Also telegram isnāt used by the community.