This page reproduces proposal text and published results preserved from Snapshot. It reflects the archive capture below.
Archive capture completed:
Published voting information
State at capture
closed
Voting type
basic
Created
2023-11-03 04:05:20 UTC
Voting opened
2023-11-03 04:05:19 UTC
Voting closed
2023-11-17 04:05:19 UTC
Snapshot block
18489035
Participation score
14200.942554145338
Published quorum
7365.19476
Quorum type
default
Recorded ballots
314
Published choice scores
Choice
Score
For
13037.334702913984
Against
23.18137304705968
Abstain
1140.4264781842974
Preserved proposal text
Original text, including Markdown notation. Linked content is not reproduced here.
This vote aims to correct a budget implementation error and further increase the IMC budget.
### Outcomes if vote passes
- The mismatch between intent and implementation in an [earlier vote](https://vote.rocketpool.net/#/proposal/0x510383ca82a0096fa670a260692cf7a4097e199ce4f731dc4efd97a21f19f988) will be corrected
- Forward-looking, the split will be corrected to match intent for both IMC and GMC
- Backward-looking, a one-time payment will be made to the IMC and GMC from the pDAO treasury to make up for the periods since the mismatch
- The IMC's split of the pDAO's incoming funds will be increased by 16%
### Rationale
The earlier vote had a math error in the implementation (as noted on the [forum](https://dao.rocketpool.net/t/intended-vs-actual-budget-mismatch-in-rpip-10/2053?u=valdorff)). This vote is to resolve the error both moving forward and retroactively via a one-time transfer.
In addition, this vote increases the IMC's portion of the inflation split by 16%, which is roughly "50% of funds that were initially going to the oDAO that now go to the pDAO". This value was arrived at mostly from a [forum poll](https://dao.rocketpool.net/t/justification-for-moving-odao-inflation-to-the-imc/1939/12), but taking a conservative step as a starting point.
### Context
- [Forum thread](https://dao.rocketpool.net/t/mc-budget-update-proposal/2319)
- [PR implementing changes](https://github.com/rocket-pool/RPIPs/pull/106/files)