Should We Implement Term Limits for Drep?

Governance General Governance Conversation
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I recall the first time you made that suggestion & was surprised nobody responded then:

I don’t have an opinion on the issue itself but wanted to emphasise there would be a hairy technical problem implementing this in the Cardano protocol; since one or more of the following would have to be agreed upon and implemented:

  • Considering the DRep registration invalid after the expiry time had elapsed, and refusing further delegations from ada holders afterward;
  • Considering DRep delegations from ada holders invalid once the DRep had been registered longer than the expiry time;
  • Deciding whether a delegation to an “expired” DRep is considered an “abstain” or an invalid delegation that must be resubmitted to continue claiming staking rewards;
  • (perhaps an unrelated decision: but for completeness) Whether to declare an “abstain” delegation also expired after this time period.

I wouldn’t assume that’s a complete list, but I do know from past experience that anyone seriously proposing term limitations would have to produce a Cardano Improvement Proposal that answered at least the questions above & proposed how these would be implemented in the protocol (i.e. the Cardano Ledger). :thinking:

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