RPIP-4 effective RPL ~10%

Governance
56

Small Node Operator here at ~12% effective RPL.

  1. I think voting power from staked RPL should align with staked RPL that earns rewards as closely as possible to a) reduce complexity and b) act as an additional incentive to maintain the RPL bond value

  2. The quadratic voting system would give outsized weight to multiple Nodes with the smallest staked RPL amount. Requiring >10% RPL prevents this sort of Sybil attack by requiring significant monetary investment/alignment.
    Allowing those with <10% RPL combined with quadratic voting in my opinion unfairly gives Nodes too much voting power for their holdings.

  3. I agree that arbitrary snapshots make it hard to maintain >10% RPL. I would propose snapshotting all pDAO votes aligned with the last rewards snapshot so a NO only has to worry about their RPL bond once a month.
    Maybe even only have a monthly cadence for pDAO votes aligned with the rewards snapshot. Would potentially slow down voting decisions but could increase turnout.

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