Proposal to set Skip Protocol as the first Oracle Market Mapper on dYdX

To provide constructive feedback on this Request For Comment, we would like to highlight the importance of implementing an incentive mechanism. It is critical to ensure aligned incentives when managing essential software components that, if compromised, could significantly impact the protocol’s functionality. A revenue-sharing model is a valid approach to achieving such alignment. However, we find the current proposal disproportionately benefits Skip at the expense of the chain. We believe a more balanced discussion around the percentage share and the proposed duration is necessary.

At Govmos, we recommend a 5% revenue share split paired with a reduced duration of 6 months, which we believe would be more appropriate and aligned with economic standards for intermediary fees. As the chain is anticipated to grow in terms of popularity, volume, and listings, these adjustments should provide fair compensation for Skip. Should fewer listings materialize, thereby reducing the incentives, we would be open to revisiting these parameters. For now, however, we consider the current figures disproportionate relative to comparable market standards.


Thank you for your comprehension, we hope you’ll consider our feedback as we only seek to find the best compromise for both Skip and the chain, not undermining your numerous valuable contributions in the whole ecosystem.
Govmos.
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