Rocket Pool

RPIP-68 increases the oDAO share of inflation

Outcome If Positive

Note this requires a 75% supermajority!

• The oDAO share is adjusted from 1.5% to 2.5%
• The pDAO share is adjusted from 28.5% to 27.5% to compensate
• The share of inflation used for RPL rewards is unchanged
• The pDAO formally suggest kicking an oDAO seat
  • The RPIP discusses pDAO reasoning and soft suggestions
  • The oDAO are required to internally discuss, vote, and post a statement with their reasoning

Outcome If Negative

No changes to inflation. No formal suggested kick.

Rationale

With RPL ratio vs ETH decreasing, oDAO seat operational profitability is in question.

We are looking to provide some breathing room in 3 ways:

• With the proposed inflation change
• By formally suggesting a reduction in oDAO seats
• With additional work to reduce oDAO gas expenditure (this is not part of the RPIP specification, but is under “Additional work”)

Importantly, this goes against RPIP 25’s recommendation the “The inflation allocation to the oDAO SHOULD NOT be changed (up or down) based on RPL price.” The rational section of this RPIP sets the expectation that we expect to revert the allocation increase if RPL price recovers enough to allow for that.

Context

• RPIP-68: Increasing oDAO share of inflation
• Discussion
• Earlier discussion