Propose FIP-2 for the minimum 5 day discussion prior to being submitted for snapshot to vote. FIP-2 would require, if passed, that authors of successful FIP are granted a bounty of $500 USD worth of FXS.
Taking the time to make a proposals is costly to individuals or groups - deep thinking, seeking and engaging with feedback and putting social credibility on the line when making a FIP is valuable. Making FIP’s that the community agrees with and passes are vital to the continued existence of the protocol and should be encouraged.
It is proposed that the authors of each passing FIP (to begin after this proposal) be rewarded with a Grant of $500 USD worth of FXS from the community fund - the amount split between the authors if there is more than one author.
It is also proposed that Hameed be retroactively rewarded $500 USD worth of FXS from the community fund for authoring FIP-1.
At present there is no incentive for making Frax improvement proposals - FIP-2 fixes this.
For: Authors of passing FIP’s be rewarded with a bounty of $500 USD worth of FXS from the community fund (split between them if there is more than one) - and Hameed be retroactively rewarded $500 USD worth of FXS from the community fund for authoring FIP-1.
Against: Do not create rewards for FIP authors at this time.