This idea may complicate custody, but I was wondering if it would be a possibility to have a separate grant process to fund projects TF XTZ delegations? As an alternative to using USD to fund projects via the grant process, could we have the foundation delegate TEZ to a projects baker? This idea has a few plus points:
1)This would incentivize more people to start bakers(decentralizing the network)
2) Speed up the grant process and reduce administrative overhead(paying out in XTZ reduces tax complications for the baker, especially if it is a public goods project)
3) Raise the overall image of Tezos by utilizing an extremely creative method of using XTZ’s LPOS to fix multiple issues with one(many birds with one stone). As of this post we have NO working testnet (except for Hangzhou which means developers need to re-deploy ALL of the Granada contracts).
This idea came about when I was brainstorming idea’s of how to incentivize a persistent testnet. We could start a mainnet baker to pay out testnet bakers with the Tezos foundation’s delegation. TRD could be manually configured to pay out proportional rewards to each testnet baker. Please give constructive criticism or add your idea’s to this proposal.
