As per feedback on our Treasury Proposal, community members brought up the issue of the delay and cancel reward percentages of 2% and 5% respectively leading to very large payouts to Guardians when intervening on large referenda (we have some proposals with request amounts in the millions). When potential rewards drastically outweigh the effort involved in milestone verification and intervention, very large rewards could potentially lead to negative effects for the treasury and OpenGov.
As one voter put it eloquently:
“I can easily see this degrade into nitpicking milestones and shit flinging from anonymous accounts.”
To ensure that interests are properly aligned between Guardians and the Treasury without introducing negative side effects, we are proposing introducing maximum reward caps for both delay and cancel referenda. What cap amounts (in USD) does the community feel to be appropriate for delay and cancel rewards?
Example: 1k USD cap for delay, 3k USD cap for cancel
The reward curve would look something like this:
Sample payout amounts with their respective rewards:
