So my thinking on the amounts here has evolved a bit in the past few days. Given the difficulty in attracting and retaining delegates, I’d suggest that we move to a higher maximum annual compensation per delegate.
To give a little more colour here, we’re seeing delegates unwilling to accept the legal and regulatory uncertainty at the proposed rate of compensation. I think it’s unlikely that this uncertainty is going to go away at any point in the near future.
If we don’t increase this, I think we will end up in a situation where delegated MKR continues to centralize to only a handful of delegates.
Given that we’ve clearly undershot initial compensation here I would propose leaning towards overcorrection rather than further exacerbating the issue. I’d suggest increasing it 3x the current value to 144k. This is roughly equivalent to a CU facilitator at >10k MKR delegated.
To avoid low quality delegate spam. I would suggest keeping the current thresholds for communication and participation.