Round 20 - GMC Community Discussion of Submitted Applications

Retros

:green_circle: Clear Queue gas reimbursement

Performed a service for the protocol. Helped us at the time and builds community to boot.

:green_circle: MC Gas Reimbursement

Yes we should reimburse. No strong feelings about paying per ETH or per dollar-value as proposed. I am also considering whether there’s appetite for a grant for execution gas on an isolated wallet. It’s mildly annoying that I’ll pay taxes on the income using the reimbursement route.

:green_circle: :white_circle: Retroactive Grant for Additional Rocket Pool Community Calls (H2 2024)

I don’t attend so can’t vouch for value here. That said, this is in line with previous spend, and I think value hasn’t changed?

Grants

:red_circle: LocalRocket Program

Mainly, there’s a lot of words but little backing. They claim a team with 12 years of experience and provide no relevant examples.

Minor: we don’t telegram, really. Is that a proposed strategy for increased reach? Is that just what they’re comfortable with? A path to tying in to main community?

:green_circle: :white_circle: Renewal for RP Community Call Hosting - Host Ken Smith

Same comment as in retros.

:green_circle: Rocket Rescue Node 2025 H1 Renewal

Good work, carry on.

:white_circle: Rocket Fuel - Waq

As ever, the link between the work and outcomes isn’t terribly clear to me (both cuz it’s hard and because this isn’t a way I consume info). $80k/yr is a lot of money (for an in-protocol reference, that’s a bit under the yearly spend on Base liquidity incentives). This is partly because it’s a daily show, which is a massive amount of content; maybe there’s a relevant discussion about the cost-benefit vs a different cadence.

Bounties

:yellow_circle: Just Exit My Validators

I think I support this at the price? But I do want to note that this becomes ~irrelevant with Saturn 2. Saturn 2 will have the ability for the withdrawal address to request execution-layer exits for validators. While this does cost gas, this is also dramatically lower trust, and I would expect that it would be the fallback exit method of choice. Saturn 2 is a ways out.

:red_circle: RPL Fee Switch Preview Calculator

Various things exist:

They have slightly different foci (eg, RPL price might be an input or an output), but all essentially let you put in some variables and model how they interact for the incoming tokenomics. I don’t believe there’s a “true” clean answer that’s easy to digest, so I don’t mind this being messy – something clean and fast might be primarily misleading about certainty.