Near-Term Besu Incentive Program proposal - Besu - LF Decentralized Trust Atlassian uses cookies to improve your browsing experience, perform analytics and research, and conduct advertising. Accept all cookies to indicate that you agree to our use of cookies on your device. Atlassian cookies and tracking notice, (opens new window) PreferencesOnly necessaryAccept all LF Decentralized Trust LF Decentralized Trust Spaces Apps Templates Create Besu All content Shortcuts Meetings Meetings  This trigger is hidden How-to articles How-to articles  This trigger is hidden Content Results will update as you type. Code of Conduct Contributing Developing and Conventions Documentation Community Governance Programs & Grants Besu Execution Client Incentive Program [WIP] Proposal #4 Mainnet activity log H1 2022 Mainnet activity log H2 2022 Near-Term Besu Incentive Program proposal Proposal #3 Proposal #3.5 Second Incentive Proposal Validator Nodes Recommendations for HL Besu’s Incentive Program Grants Meetings Design Documents Security Audits Start Here Performance & Stability How-to articles Incident Reports Besu Roadmap & Planning How to Contribute You‘re viewing this with anonymous access, so some content might be blocked. Close Besu / Near-Term Besu Incentive Program proposal More actions Near-Term Besu Incentive Program proposal Grace Hartley (Deactivated) SajZ Owned by Grace Hartley (Deactivated) Last updated: Jan 11, 2022 by SajZ Feedback Requested. This is a draft document.  Near-Term Set Up : Note: This is targeted to be a six month resolution. The only funds that the Hyperledger Besu team will receive pre Merge are beacon chain staking rewards. The Merge is currently tentatively scheduled for Q3 2022. ConsenSys will run the validator nodes for this 6 month term because the team is set up to do so and timing is critical to begin participating in the Incentive program All profits received are distributed into a multi-sig. HLF, EF, and ConsenSys are the three parties that will have access to the multi-sig. Funds will be distributed to organization/participants based on the below. A sample breakdown to demonstrate distribution can be found here on the second tab.  40% - # of pull requests for mainnet (add in a mainnet tag to PRs to track) 45% - # of running of validator nodes Feedback: We should probably map this amount to be cost + margin. 5% of all funds will be put into bounty program Feedback: We want to make sure the bounty program is fully functioning. We have had various results with bounties in the past. 10% of reserves to be used for community engagement purposes in future. HLF will be responsible for attributing rewards to contributors other than ConsenSys. At least 2 of the 3 signatories (EF, HLF, ConsenSys) will have to be present to distribute the funds, but HLF should attribute/track the addresses of contributors. PR Repos: hyperledger/besu hyperledger/besu-native hyperledger/besu-docs Link to the spreadsheet (funds breakdown simulation): Incentive Program Breakdown At the end of 6 months, we will conduct a reevaluation of the Funds Distribution Program with the EF, HLF, ConsenSys, and Besu Maintainers approving revisions. Throughout the six months, we will be working towards a long-term solution. Medium/Long Term Set Up:  Note: The funds received post 6 months will include EVM fee rewards (Justin Drake's spreadsheet, more info on rewards). These are items to be addressed as we build a long-term solution for how to manage Besu's governance and the funds from the Incentive Program. Other organizations can consider running validator nodes. If they meet requirements as indicated in the requirements documentation provided. Besu maintainers can vote to decide if an organization meets requirements. Details to be agreed upon. A more complex DAO could be set up to manage voting, tokens, or other aspects. Determine if pull requests are a good fit and working well given some pull requests might be smaller than others. , multiple selections available, Related content More info Collapse Besu Execution Client Incentive Program Besu Execution Client Incentive Program Besu More like this Second Incentive Proposal Second Incentive Proposal Besu More like this Validator Nodes Recommendations for HL Besu’s Incentive Program Validator Nodes Recommendations for HL Besu’s Incentive Program Besu More like this Grants Grants Besu More like this [WIP] Proposal #4 [WIP] Proposal #4 Besu More like this Proposal #3.5 Proposal #3.5 Besu More like this {"serverDuration": 13, "requestCorrelationId": "02d3920c7a7f42e998ddc6b6dec1b6df"}