[1IP 100] Recognized Delegate Program Renewal
AI summary
This proposal seeks to renew the 1inch Recognized Delegates Program (RDP) for another 12 months, allocating $220,000 USD from the treasury. It aims to professionalize DAO governance by funding up to five delegates who will actively participate, vote, and provide feedback on proposals. The program includes updated performance requirements, revised compensation tiers, and new conflict-of-interest disclosure rules.
If passed, the 1inch DAO will continue to fund a program designed to incentivize active and professional governance participation, with $220,000 USD being spent from the treasury. Delegates who meet the new, stricter performance standards will benefit from continued compensation, while the DAO benefits from more engaged and professional governance. The reduction in budget from the previous term means less treasury spending compared to the prior iteration of the program.
Voting results
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🐳 Whale votes
3 votes > 5% VPFull proposal
Simple Summary
This proposal seeks to renew the 1-inch Recognised Delegates Program (RDP) for another term, incorporating updated performance requirements, revised compensation tiers, stricter participation metrics, and a position cap on funded delegates.
Abstract
The Recognised Delegates Program was established to incentivise active participation and professionalise 1inch DAO governance. Building on the previous term's success, this proposal suggests renewing the Recognised Delegates Program (RDP) for 12 months and funding it with $220,000 USD. This is a reduction from the previo…