Thank you for everyone participating yesterday! It felt like a good governance call and a productive discussion.
After some reflection and weighting the good arguments on both sides I’d like to move forward with a compromise:
- Propose to reduce the Epoch Rewards Community Fund share from 25% to 15%.
- Withdraw CGP 36: Increasing validator rewards
I hope that balances the conflict of trying to reduce overall epoch rewards for long-term protocol health and to not slow down the community development well. For CGP 36 I just don’t see the need anymore, I’ll outline in more detail here.
For everyone who couldn’t participate in Governance Call 9, you can find the recording and notes here Celo Governance Call 9 · Issue #242 · celo-org/celo-proposals · GitHub as well as my presentation slides here Epoch Rewards CGPs: 33, 34, 35 ,36 - Google Slides.