Hey @almccann wanted to address your concerns.
I’m very sorry to hear you think this is negative ask of LPs. Seeing as you are earning a governance token, I believe it is your social duty to participate in governance or at the very least be rewarded for doing so.
All of us on this forum have the time. All of the protocol politicians who see governance as the single most important aspect of web3 have the time. We have intentionally made the govFactor proposal very minimal (it’s only a 1.1x multiplier) as to ensure those who do not vote do not see major changes from the BAL they are receiving today. This proposal is one step in a wider strategy to reward the protocol’s most active and value-added actors as illustrated in the Governance Mining proposal.
This is a very valid request and something others have voice too. We’ll definitely explore this leading into the new year and agree it would be a valuable tool to offer for those who might not have as much time or passion about governance.
Overall, your concerns are definitely heard and I’d ask that you please watch your tone in future conversations. We’re all on the same team here and have a common goal of advancing the Balancer ecosystem. If you are strongly opposed to this proposal you are welcome to vote against it on Snapshot but I hope these comments can help you better understand where we’re coming from. Cheers!