Aave

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title: [ARFC] Gas Rebate for Recognized Delegates author: @lbsblockchain, @MarcZeller Aave-Chan Initiative (ACI) created: 2023-05-31

Abstract

This ARFC introduces a mechanism for reimbursing gas fees to recognized delegates who vote on-chain on Aave.

Motivation

As Ethereum gas fees continue to rise, the cost of on-chain governance for delegates has proportionally increased. This ARFC proposes a rebate system for these gas fees, aiming to incentivize active engagement and cultivate a more diverse voter base.

Rebating delegates for their participation offers several benefits:

• Encourages more active engagement from the delegate community by eliminating the disincentive to vote, leading to better decision-making for Aave.
• Fosters a more diverse voter base, including student organizations, by reducing the barrier to entry for voting. This creates a more open and collaborative delegate ecosystem, driving participation.
• Helps retain top delegates to foster the growth of the Aave ecosystem. Aave should remain competitive with its peers (e.g., Maker) to attract and retain the best delegate talent. The fundamental cost of being an excellent Aave delegate should not result in a net cost to the delegate due to ever-increasing gas costs.
• Can be achieved at a relatively low cost. We also propose measures to reduce the administrative burden for Aave.

Specification

Claiming Process

Every quarter, an ARFC will be proposed (with the current one being the first) to publish an AIP reimbursing gas fees spent by recognized delegates.

These gas fees are determined by an open-source script written by @JosepBove, which allows anyone to generate a JSON file of recognized delegates’ gas spending.

This script can be run and verified by any community member to approve the amounts distributed to recognized delegates.

Once a consensus has been reached on an ARFC, an appointed Governance Facilitator will submit an AIP to transfer aWETH to the delegate’s address. We initially propose that the Aave Chan Initiative serves as the Governance Facilitator.

Gas Rebate Token

We propose that the Gas Rebate Token be wETH.

Proposed reimboursement

here’s the output of the script for the previous quarter, covering AIP-165 until AIP-236 and Ethereum blocks from 16726166 until 17343620:

Name	Address	Gas Used
ACI	0x329c54289Ff5D6B7b7daE13592C6B1EDA1543eD4	0.95
ACI AIP deployer	0x3Cbded22F878aFC8d39dCD744d3Fe62086B76193	0.33
Flipside	0x62a43123FE71f9764f26554b3F5017627996816a	0.38
TokenLogic	0xA06c2e5BB33cd6718b08EC9335081Cbba62861f7	0.21
michigan	0x13BDaE8c5F0fC40231F0E6A4ad70196F59138548	0.21
LBS Blockchain	0xB83b3e9C8E3393889Afb272D354A7a3Bd1Fbcf5C	0.26
Wintermute	0xB933AEe47C438f22DE0747D57fc239FE37878Dd1	0.19
keyrock	0x1855f41B8A86e701E33199DE7C25d3e3830698ba	0.16
Stablelab	0xea172676E4105e92Cc52DBf45fD93b274eC96676	0.29

Disclaimer

This proposal is powered by Skyward.

Special Thanks

Special thanks to @JosepBove, a new contributor to the ACI, for developing the GasRebate Script. Here’s the link to the open-source script.

Copyright

Copyright and related rights waived via CC0.