In terms of reducing budget cost - I would really want to know where all the CICLOPS funding goes. as @Thylacine points out here - we are simply in the dark.
I would also like a simulation on what happens if / when all the stakers on the Validators try to unstake and start selling.
?
Are the proposers here really saying we MUST stop paying validators or Celo is over?
Let’s talk about that budget with clear numbers then.
If instead the idea is that the funding for validators should be spent elsewhere - like a failing CCF budget … ? Let’s be clear on that.
And please note the promise to validators that the move to a L2 would leave validators in a position to be part of decentralized sequencing. (please correct me if I am wrong here - but that is what I understood and why I supported the L2 transition).
Is breaking that promise really on the table here?
What do people think the consequences will be here of breaking that promise?