CIP-0070: Adjust Validator Reward Caps
- Hello Super Validator Node Owners,
Please find ready for vote: CIP-0070: Adjust Validator Reward Caps
Cumberland - SV Sponsor
Proof Group- SV Endorser
All other operators vote please list:
<SV Name> votes <in favor | not in favor>
Dr. Amanda L. Martin
814-359-6544Director of Program Management - toggle quoted message Show quoted text
Cumberland DRW votes in favor.
From: cip-vote@... <cip-vote@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Monday, July 28, 2025 11:52 AM
To: cip-vote@...
Subject: [ext] [cip-votes] CIP-0070: Adjust Validator Reward CapsHello Super Validator Node Owners, Please find ready for vote: CIP-0070: Adjust Validator Reward Caps DA - SV Sponsor Proof Group- SV Endorser All other operators vote please list: <SV Name> votes <in favor | not in favor>
Hello Super Validator Node Owners,
Please find ready for vote: CIP-0070: Adjust Validator Reward Caps
DA - SV Sponsor
Proof Group- SV Endorser
All other operators vote please list:
<SV Name> votes <in favor | not in favor>
Dr. Amanda L. Martin
814-359-6544Director of Program Management
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- toggle quoted message Show quoted textProof group also votes yesOn Mon, Jul 28, 2025 at 4:54 PM Chris Zuehlke via lists.sync.global <czuehlke=drwholdings.com@...> wrote:
Cumberland DRW votes in favor.
From: cip-vote@... <cip-vote@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Monday, July 28, 2025 11:52 AM
To: cip-vote@...
Subject: [ext] [cip-votes] CIP-0070: Adjust Validator Reward CapsHello Super Validator Node Owners, Please find ready for vote: CIP-0070: Adjust Validator Reward Caps DA - SV Sponsor Proof Group- SV Endorser All other operators vote please list: <SV Name> votes <in favor | not in favor>
Hello Super Validator Node Owners,
Please find ready for vote: CIP-0070: Adjust Validator Reward Caps
DA - SV Sponsor
Proof Group- SV Endorser
All other operators vote please list:
<SV Name> votes <in favor | not in favor>
Dr. Amanda L. Martin
814-359-6544Director of Program Management
This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects.
- toggle quoted message Show quoted text
7RIDGE/C7 votes in favour
V E R O N I C A A U G U S T S S O N / P A R T N E R
7RIDGE IS A PRIVATE MARKETS ASSET MANAGER INVESTED IN TRANSFORMATIVE TECHNOLOGY FOR FINANCIAL SERVICES TO POWER THE GLOBAL ECONOMY Signature for V e r o n i c a A u g u s t s s o n From: cip-vote@... <cip-vote@...> On Behalf Of Chris Zuehlke via lists.sync.global
Sent: Monday, 28 July 2025 22:54
To: cip-vote@...
Subject: Re: [cip-votes] CIP-0070: Adjust Validator Reward CapsCumberland DRW votes in favor.
From: cip-vote@... <cip-vote@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Monday, July 28, 2025 11:52 AM
To: cip-vote@...
Subject: [ext] [cip-votes] CIP-0070: Adjust Validator Reward CapsHello Super Validator Node Owners, Please find ready for vote: CIP-0070: Adjust Validator Reward Caps DA - SV Sponsor Proof Group- SV Endorser All other operators vote please list: <SV Name> votes <in favor | not in favor>
Hello Super Validator Node Owners,
Please find ready for vote: CIP-0070: Adjust Validator Reward Caps
DA - SV Sponsor
Proof Group- SV Endorser
All other operators vote please list:
<SV Name> votes <in favor | not in favor>
Dr. Amanda L. Martin
814-359-6544Director of Program Management
This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects. - toggle quoted message Show quoted textTradeweb votes in favor
From: cip-vote@... <cip-vote@...> on behalf of: Veronica Augustsson via lists.sync.global <veronica=7ridge.com@...>Date: Monday, Jul 28, 2025 at 5:51 PMTo: cip-vote@... <cip-vote@...>Subject: Re: [cip-votes] CIP-0070: Adjust Validator Reward Caps
CAUTION:This email originated from outside of Tradeweb. Do not open attachments or click on links if you do not recognize the sender or if the content appears unsafe/you cannot verify the content is safe.
7RIDGE/C7 votes in favour
V E R O N I C A A U G U S T S S O N / P A R T N E R
7RIDGE IS A PRIVATE MARKETS ASSET MANAGER INVESTED IN TRANSFORMATIVE TECHNOLOGY FOR FINANCIAL SERVICES TO POWER THE GLOBAL ECONOMY
Signature for V e r o n i c a A u g u s t s s o n
From: cip-vote@... <cip-vote@...> On Behalf Of Chris Zuehlke via lists.sync.global
Sent: Monday, 28 July 2025 22:54
To: cip-vote@...
Subject: Re: [cip-votes] CIP-0070: Adjust Validator Reward CapsCumberland DRW votes in favor.
From: cip-vote@... <cip-vote@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Monday, July 28, 2025 11:52 AM
To: cip-vote@...
Subject: [ext] [cip-votes] CIP-0070: Adjust Validator Reward CapsHello Super Validator Node Owners, Please find ready for vote: CIP-0070: Adjust Validator Reward Caps DA - SV Sponsor Proof Group- SV Endorser All other operators vote please list: <SV Name> votes <in favor | not in favor>
Hello Super Validator Node Owners,
Please find ready for vote: CIP-0070: Adjust Validator Reward Caps
DA - SV Sponsor
Proof Group- SV Endorser
All other operators vote please list:
<SV Name> votes <in favor | not in favor>
Dr. Amanda L. Martin
814-359-6544Director of Program Management
This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects.
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- toggle quoted message Show quoted textHi everyoneI know that I've been a big part of the discussion around this change and supported at Tokenomics working group. Since then, I've received a lot of impassioned bilateral feedback and had a moment to step back and think about things.DA is going to vote against this change for a few important reasons that I think we need to be much more sensitive to as a group.1. The practical outcome of this change is very similar to the Network growing to > 400 Validators and transaction volume continuing to grow at its current pace2. The perception of the change is quite negative from those not in the day-to-day nuances - mix of 'early adopters closing the door behind them' and 'getting ahead of ourselves, the network just isn't that far along yet.'As a principle, I think we should be holding ourselves accountable to proactively make changes but only those which are really additive and necessary combined with sufficient transparency and time for the market to digest. In this case, the change would need to be made quickly to have a larger impact than market forces and there is clearly confusion from the market about what it will do to their current GTM plans which could have serious negative externalities for our broader goals.We are eternally grateful to those who are helping expand the footprint and reach of the network, we shouldn't discount the value these rewards have in helping grease those wheels. I know everyone is focused on generating more on-chain activity but I believe the fastest path to get there is faster adoption of the network and broader distribution of the incentives to those early adopters. I don't think this change is likely to improve those outcomes and is more likely to signal people to pause.Thanks DRW for being so thoughtful about this - appreciate the time that went into its consideration - DA votes not to implement the changeOn Tue, Aug 5, 2025 at 4:12 PM Luca Toscani via lists.sync.global <luca=valmar.io@...> wrote:Orb 1 votes in favor--
This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential and/or proprietary and subject to important terms and conditions available at http://www.digitalasset.com/emaildisclaimer.html. If you are not the intended recipient, please delete this message. - I echo Eric’s thoughts here and I somehow expressed my thoughts on the
committee 2 weeks ago.
There is no reason to police something that is so well designed that
effectively corrects itself.
Five North votes not to move forward with this implementation.
On Wed, Aug 6, 2025 at 5:50 PM Eric Saraniecki via lists.sync.global
<eric=digitalasset.com@...> wrote:
Hi everyone
I know that I've been a big part of the discussion around this change and supported at Tokenomics working group. Since then, I've received a lot of impassioned bilateral feedback and had a moment to step back and think about things.
DA is going to vote against this change for a few important reasons that I think we need to be much more sensitive to as a group.
1. The practical outcome of this change is very similar to the Network growing to > 400 Validators and transaction volume continuing to grow at its current pace
2. The perception of the change is quite negative from those not in the day-to-day nuances - mix of 'early adopters closing the door behind them' and 'getting ahead of ourselves, the network just isn't that far along yet.'
As a principle, I think we should be holding ourselves accountable to proactively make changes but only those which are really additive and necessary combined with sufficient transparency and time for the market to digest. In this case, the change would need to be made quickly to have a larger impact than market forces and there is clearly confusion from the market about what it will do to their current GTM plans which could have serious negative externalities for our broader goals.
We are eternally grateful to those who are helping expand the footprint and reach of the network, we shouldn't discount the value these rewards have in helping grease those wheels. I know everyone is focused on generating more on-chain activity but I believe the fastest path to get there is faster adoption of the network and broader distribution of the incentives to those early adopters. I don't think this change is likely to improve those outcomes and is more likely to signal people to pause.
Thanks DRW for being so thoughtful about this - appreciate the time that went into its consideration - DA votes not to implement the change
On Tue, Aug 5, 2025 at 4:12 PM Luca Toscani via lists.sync.global <luca=valmar.io@...> wrote:
Orb 1 votes in favor
--
W. Eric Saraniecki
Co-founder / +1 773 719 1983
Digital Asset, creators of Daml
This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential and/or proprietary and subject to important terms and conditions available at http://www.digitalasset.com/emaildisclaimer.html. If you are not the intended recipient, please delete this message. - toggle quoted message Show quoted textSBI votes against this proposal for nowOn Wed, Aug 6, 2025 at 11:50 PM Eric Saraniecki via lists.sync.global <eric=digitalasset.com@...> wrote:Hi everyoneI know that I've been a big part of the discussion around this change and supported at Tokenomics working group. Since then, I've received a lot of impassioned bilateral feedback and had a moment to step back and think about things.DA is going to vote against this change for a few important reasons that I think we need to be much more sensitive to as a group.1. The practical outcome of this change is very similar to the Network growing to > 400 Validators and transaction volume continuing to grow at its current pace2. The perception of the change is quite negative from those not in the day-to-day nuances - mix of 'early adopters closing the door behind them' and 'getting ahead of ourselves, the network just isn't that far along yet.'As a principle, I think we should be holding ourselves accountable to proactively make changes but only those which are really additive and necessary combined with sufficient transparency and time for the market to digest. In this case, the change would need to be made quickly to have a larger impact than market forces and there is clearly confusion from the market about what it will do to their current GTM plans which could have serious negative externalities for our broader goals.We are eternally grateful to those who are helping expand the footprint and reach of the network, we shouldn't discount the value these rewards have in helping grease those wheels. I know everyone is focused on generating more on-chain activity but I believe the fastest path to get there is faster adoption of the network and broader distribution of the incentives to those early adopters. I don't think this change is likely to improve those outcomes and is more likely to signal people to pause.Thanks DRW for being so thoughtful about this - appreciate the time that went into its consideration - DA votes not to implement the changeOn Tue, Aug 5, 2025 at 4:12 PM Luca Toscani via lists.sync.global <luca=valmar.io@...> wrote:Orb 1 votes in favor--
This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential and/or proprietary and subject to important terms and conditions available at http://www.digitalasset.com/emaildisclaimer.html. If you are not the intended recipient, please delete this message.
