Reward Amendments to CUIP-003 (Mod Program)

Draft Proposals
64

Hello, @everyone!
Thank you very much for all the discussions so far. I would like to provide an update on how we will move forward with the proposal.

The two criteria a proposal needs to meet to move to the governance council review phase are:
-proposal needs to be active for at least 5 days before review
-proposal has a mostly positive reception

A temperature check is to be conducted when both are not met.

Due to the discussions today, a temperature check will be conducted on the CUIP-003 Amendments proposal. The temperature check will be used to determine the following:

  • Tier 1 reward value
  • Whether to add a tier 2 or not
  • Tier 2 reward value

In addition, the Bug Bounty and the Mod Reward Program will also be split into two proposals to improve clarity on the scope of what’s being voted on. The Bug Bounty Program Amendments may be found here: Reward Amendments to CUIP-003 (Bug Bounty)

A temperature check is considered to be successful if we receive 10% sRBW participation with the sRBW Snapshot taken November 30, 17:30 UTC. The temperature check will be open for five (5) days and will close on December 5, 17:30 UTC.

The temperature check will be done via KryptoSign via these two links:

Kindly vote as this will help us collectively determine what revisions should be made on the proposal. :handshake:

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