RPIP-49 Tokenomics Rework Update 2 - Sentiment Poll

I’ve read the RPIPs well enough, and lurked in the Discord Tokenomics thread long enough, to be very impressed by this proposal as well as the process of getting here. Congratulations to all those involved, I’m really happy to add my vote to the (currently) 97% majority! :partying_face:

2 Likes

Its been a long time coming and probably be a long time to implement but this is a much needed change for RP.

3 Likes

Thanks to everyone involved for the hard work! I have read all the RPIP’s and i think this will be beneficial for the protocol.

3 Likes

Thank you so much to everyone involved in the work to create this proposal. Real determination and perseverance there. Highly appreciated.

2 Likes

I am assuming Why Rework Rocket Pool's Tokenomics? | Rocket Pool Improvement Proposals is not what you want to see, because it doesn’t make a case for keeping the status quo.

You likely won’t ever find an argument for doing nothing. RocketPool is node operator limited and is not growing, and there are other opportunities available for NOs that don’t require RPL exposure.

RPL has been in a ratio decline for a while now, which makes it even less attractive to hold at 10%.

The theory that NOs would “top up” every month to stay above 10% and so prop up price, hasn’t held.

All in all: There is broad consensus that the RPL tokenomics need to change. There are competing ideas on how they should change, and that’s linked. But no one is making the argument that we should stay with the status quo, much less in an educated fashion.

7 Likes

I’d like to see us take the bull by the horns and move forward.

3 Likes

Incentivizing comments and votes with a POAP might not be the best idea for the future as it’ll dilute more relevant discussion. Maybe do an appreciation topic and we could post on either for the POAP?

This proposal being more mature than the other two makes it a bit awkward as we can’t simply add all possibilities to the snapshot and I assume that they are DOA if this passes. Either way I’m very happy with RPIP-49, so this is fine for me.

5 Likes

i’ve kept up-to-date with this as it’s been iterated on and it seems to be a much needed improvement as opposed to leaving the protocol as is. better yet, it’s a well thought out and plausible tokenomics that beats what fire_eyes offer, so i’m in support of it.

4 Likes

I do not totally agree with RPIP49, but I prioritize execution time since understanding CSM better than before, and seeing how other small staking pool projects are gaining legitimacy and competitiveness, i think Rocketpool could be left out of the competition, if it does not already is, if we do not act quickly.

3 Likes

What a heavy lift! It’s been a pleasure to peruse the gov threads while the DAO’s talented minds flesh these ideas out. Massive kudos to all of the contributors especially the alternative proposal writers for both their efforts and scrutiny.

3 Likes

:tada:

Thanks to all the big brains! You’ve put an insane number of hours into this!

3 Likes

Thumbs up for tokenomics rework! Looking forward to moving to the next stage.

3 Likes

We need this. RP growth is priority and its important to remove obstacles despite any sunk costs we have. Thank you to all involved who have volunteered their time and effort.

3 Likes

whats is happening is aweome and is very exciting to see the evolution of rpl. Lets move forward.

3 Likes

Wow, amazing update! So excited about the tokenomics rework! Can’t wait to see how it all turns out. Everyone, make sure to vote and support this awesome initiative! :rocket: #TokenomicsRework #CommunityPower

6 Likes

Thanks to everyone that worked on this

3 Likes

Thank you to everyone involved in this massive undertaking. I’m proud to be part of this community. Kudos to all!

3 Likes

As a lurker who has been observing Discord and forums for a long time, I am excited to finally create an account to vote here. I would like to extend my heartfelt thanks to all the contributors who have worked tirelessly on the tokenomics rework so far. I would also like to express my gratitude to 1kx and ib1gymnast for suggesting alternative proposals. These diverse perspectives have greatly helped me organize my thoughts. RocketPool has been a cornerstone of decentralization at the heart of the Ethereum network and should continue to play this crucial role. To navigate the current situation and ensure RocketPool’s long-term success, a change in direction is essential. In a coin market where the future is unpredictable, there is no guarantee that the new tokenomics will produce the expected results, but we must move forward.

6 Likes

Thank you to every community member who supported this initiative, I am really amazed to see such unique community support for this rework. Cheers !

3 Likes

Thanks for the hard work to get this out! Looking forward to the vote!

3 Likes