A proposal that seeks to implement a semi-voluntary redirect rate to subsidize the creation and operation of shared infrastructure by validators. If the majority of validators agree, the rate becomes mandatory for all, and they can choose which organization gets part or all of these funds.
Key Takeaways:
Clément Lesaege proposed a 10% Ethereum staking redirect, altering validator funding models.Via Network’s Romano slammed the 10% tax plan, fueling market backlash over the proposal.The Kleros founder’s plan requires a validator majority to pass, next forcing Ethereum compliance.The proposal can be interpreted as a semi-voluntary expense: it would only activate if the majority of validators agree to implement it, but it turns mandatory for all validators in the Ethereum network after that point.
The recipients of these funds, and the percentage they receive, up to a maximum of 10%, can be set by validators at any point.
Lesaege stresses that a measure like this is fundamental to tackle the “free rider problem,” which consists of individuals and institutions piggybacking on the investments of others to take advantage of joint infrastructure and improvements.
“Successfully coordinating shared investment is essential to compete with both traditional economic systems that use coercive measures like taxation to reduce their deadweight loss and corporations that reinvest earnings back into future growth,” he stressed.
Even so, the proposal acknowledges that validator cartelization might arise, as validators might theoretically crank up the redirect rate and redirect those funds back to themselves.
“So paying taxes now? After the ethereum foundation kept dumping their own ethereum. What came out of this ecosystem anyway and was it all worth it?” said Via Network’s Romano.
