Round 9 - GMC Call for Retrospective Applications - Deadline is February 11

Name of Retrospective Award

Research on improving Node Operator supply strategy and performance.

Who is the proposed retrospective award recipient?

@signalxu

What specific project or work is the retrospective award in recognition of? Please detail what the project or work entailed and the duration over which it took place.

Background

After the Rocke Pool deposit pool limit was increased once, it is currently frequently at full capacity. In such instances, users are unable to mint rETH by staking ETH, they can only obtain ETH through swaps on a DEX. This has, to a certain extent, impacted the supply of rETH. If one desires to utilize the ETH in the deposit pool, one option is for users to perform unstake operations. However, this is undesirable as it not only fails to increase the rETH supply but also diminishes it. Another alternative is to boost the supply from node operators(NOs), which not only augments the rETH supply but also enhances ETH efficiency.

Detail

Mainly based on RPIP-13, but not limited to this particular approach.

  • Marketing
    • Current acquisition and competition strategies for node operators across various protocols.
    • Revenue potential for node operators across different protocols.
  • Technical
    • Relevant EIPs for node operators.
    • Technical improvements to enhance node operator performance (e.g. preventing slashing).
    • Technologies related to the SaaS model.
  • RPIP-13
    • Several feasible technical implementation options for SaaS.
    • Risk analysis, including code simulation.
    • Attainable shares and predictions.
  • Other viable strategies.

Are the subjects of this award entirely open source (MIT, GPL, Apache, CC BY license or similar)? If not, which parts will not be, why, and under what license will they be published?

Yes, github:research/rocketpool/nodeoperator.md at main · signalxu/research · GitHub

Benefit

Group Benefits
Potential rETH holders Acquiring rETH can be done through new minting, eliminating the need for frequent premium swaps.
rETH holders -
Potential NOs Reduce the barrier to entry.
NOs Improve performance
Community -
RPL holders Boosting the supply of rETH to enhance the value of RPL; Participants can directly engage in RPL staking to earn rewards.

Costs

How much USD $ is the applicant requesting be awarded to the recipient?

$6000 for 10 week

  • Initial $1500
  • Complete and submit $3500
  • Community review and fix issue $1000

Is the applicant requesting RPL or LUSD?

RPL

Conflict of Interest

Does the person or persons requesting the retrospective award have any conflicts of interest to disclose? (Please disclose here if you are a member of the GMC or if you have nominated a member of the GMC for this retrospective award).

No