I appreciate your thoughtfulness @jarisjames on this replacement proposal, which builds upon RRC-40 but provides clarification for missing structurally integrity for this program to function correctly in a fair and transparent manner for a mid-term length program (1 yr) with benefits of active governance, and well as it expands for additional delegates to be eligible for the program.
The reason why I voted on, and therefore supported RRC-40 (and RRC-42) was due to the intent of this program - to provide stability in the DAO to create a more diverse voting power pool, and to ensure that governance can continue beyond the few delegates with Tally proposal submission power.
Therefore, this proposal addresses this initial intent of RRC-40, and also clarifies for me the desire to not have a requirement of the DAO to vote on each quarter, and instead have payment allocated for rewards from a multi-sig. The allocation of rewards for points earned for posting a recurring program payment (that is already approved by the DAO) on Tally, is redundant in both points earned and adds complexity to the program. On-going rewards payment from a multi-sig follows similar practices at larger protocol DAO DIP programs, including Arbitrum and Uniswap.
I support the idea of a creation of a multi-sig for this program, as suggested by @Jose_StableLab , but I would suggest using the combination of some of the members of the Security Council (that StableLab is a part of) and daospace (DIP admin) in a 3/5 multi-sig.
In addition, I would suggest adding a 4 day window for DAO disputes/resolutions to the posted Quarterly rewards report, such as the Arbitrum DIP program has included, that allows for the community to dispute the report, as submitted by the program Admin, or for identifying any missing rewards. This should address prior comments regarding providing the DAO the flexibility to the program, and to address the (viable) concerns regarding of new delegates (or self-delegation) with expanded power from the upcoming Staking proposal or the LaunchPad IV program, that could stall the programs continuance for each of the 4 quarters, that has already been approved by the DAO in RRC-40.
Finally, I support this proposal for the increased program administration of $1K per month and the continued program administration by daospace (as voted on by the DAO in RRC-40). In addition, I would also ask for daospace include in this proposal, a detailed list of all tasks and responsibilities (some are already noted above in early comments) that provides details for the justification of admin costs. This is similar to how the Arbitrum DIP program is structured.
However, I don’t support the concerns that this is a “plug and play” quarterly template that does not require expanded work after the 1st Quarter, as I view the program admin as being responsible for the quality and correctness of the report and the distribution of reward funds. This in addition to being solely responsible for disputes or conflicts of incorrect distributions or even the right to expel delegates from participation in the DIP program who attempt to game or exploit the program or if the delegate does not meet any of the program requirements to be considered eligible.