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[Last Call] - Cosmos Hub <--> Neutron Validator alignment plan

Proposal Ideas14 posts3,207 views13 likesLast activity Jan 2024
ER
ErtemannOP
Dec 2023 3

Dear community and validators, This forum post is a request for feedback and Proposal draft seeking to spend NTRN from the Cosmos Hub community pool to incentivize validators of the Cosmos Hub and Neutron chain. **This proposal draft was read by Spaydh from Neutron prior to his post and it seems he based some of the choices in that proposal on this one (namely the amount of NTRN instead of USD denominated and the vesting, so as to focus on alignment). However as we disagree with the Neutron Dao holding any rights over the Cosmos Hub community pool and had a slightly different Idea and origin we want to post this anyway. I admire Neutron getting ahead of the situation and being honest about validator incentivisation but I encourage the community of the Cosmos Hub to form their own proposal, this draft can be one of many. Abstract: This proposal seeks to spend a potential total of 2.25 million NTRN from the Cosmos Hub community pool to foster stronger ICS validator alignment. The NTRN gets distributed to non-CEX validators that signed any block in the 100 blocks around blockheight 4900000 (December 1, 2023) of the Neutron chain. A bonus applies for any validator that…

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CO
Cosmic_Validator
Dec 2023

This proposal was shared earlier by @Spaydh here: [DRAFT PROPOSAL] Cosmos Hub & Neutron: Validator alignment why not add your comments/feedback under that proposal rather than duplicating it?

ER
Ertemann
Dec 2023

Because it is not the same proposal, did you read the **note at the start of the proposal?

For anyone who didnt read that note:

  • This is an original draft made by some contributors and me
  • It was read by Spaydh after we had a short back and forth on twitter and he agreed with some of our points thereby basing some elements of his proposal he posted yesterday on this one - Which is 100% fine to do!
  • I didn’t share this proposal before the NTRN hit the community pool as to follow good cooperation
  • I think this proposal is still a valid draft to share alongside the Neutron originated Draft even if they are similar in some sense as there are also clear differences.
TO
tom
Dec 2023 1

so if NTRN does x10 during 2024, should we call this supra alignment and then aligned validators bring coffee to Neutron’s OGs for 30 years every morning?

BT
btcgene
Dec 2023

NTRN is owned by HUB and vals extract value from HUB continously. How is that not aligned? Vals will get it either way over time. Better increase the pie and later share it.

BR
Brendan-WhisperNode
Dec 2023 2

We support this proposal as a smaller validator. A lot of time is spent upgrading/maintaining ICS nodes with zero economic compensation at this time. During the bear market especially this has made running a sustainable operation more difficult. There’s an upgrade every week just about, and ICS has nuances unlike standalone chains.

BL
BlocksUnited
Dec 2023

As another small validator, we support this proposal and have spun up a Neutron machine in anticipation.

VE
VelvetMilkman1
Dec 2023

Just peg the validator monthly payments to a USD amount and pay it quarterly. My general mental model is to identify problems but look for solutions.

TO
tom
Dec 2023 1

and this is a good one imo :saluting_face:

(sorry i thought this “solution” was quite obvious, enough to be proposed from scratch. maybe my sarcasm was there to question “why not then?”)

SE
serejandmyself
Jan 2024

Dude. Honestly, IMO - we should spend all of it on the community pool. Its a good time on the market to do it. Acquire some valuable projects that will grow the comm pool x10 in the next year (diversity from ATOM)

ER
Ertemann
Jan 2024 1

Seeing as the Neutron proposal has not yet reached the chain i am looking to push this proposal forward.

I am looking for 4 additional multisig members, please reach out if you are interested!

SP
Spaydh
Jan 2024 1

Oh it has actually, voting ends in 5 days:

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CM
CML
Jan 2024 3

Rebuttal Against the Validator Incentive Proposal: A Closer Look for a More Sustainable Cosmos Dear Cosmos Community, I am strongly urging the community to reject this proposal. If you have voted Yes, then I would ask you to reconsider your vote and change it to “No”, based on the following rebuttal arguments against this proposal since it contains many flaws. I’ve been reflecting deeply on this proposal to use NTRN tokens from the Cosmos Hub community pool for validator incentivization and wanted to open a dialogue about its long-term implications. While the intention behind the proposal is commendable, aiming to align validators with the Neutron network, there are several economic and governance aspects that we might need to consider and evaluate more closely. I urge those who have already voted, regardless of their stance, to consider this as an ongoing journey of exploration and understanding. The true strength of our community lies in our ability to reassess our choices in light of new insights and perspectives. It’s not merely about changing a vote; it’s about evolving our collective understanding. In light of these concerns, I advocate for a more inclusive and…

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SE
serejandmyself
Jan 2024 1

CML: • Collective Contribution and Ownership: Neutron, as a consumer chain secured by the Cosmos Hub, is not just a standalone entity but a part of the larger Cosmos ecosystem. Its development and success have been underpinned by the collective efforts of the entire Cosmos community, including ATOM holders. This shared effort logically entitles all stakeholders, especially ATOM holders, to a share in the benefits derived from Neutron. • Enhancing the Economic Value of ATOM: Distributing Neutron assets to ATOM holders can significantly enhance the economic value of ATOM. It creates a direct financial incentive for holding ATOM, as holders would gain tangible benefits from the growth and success of consumer chains like Neutron. This approach aligns the interests of ATOM holders with the success of the entire Cosmos ecosystem, fostering a stronger, more invested community. • Setting a Precedent for Future Consumer Chains: By distributing Neutron assets to ATOM holders, Cosmos can establish a precedent for how consumer chains can reciprocate the support received from the Cosmos Hub. This model promotes a symbiotic relationship where new chains contribute back to the ecosystem…

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