Delist Rave from VIP

Original Proposal Text

## 1. TL;DR Rave was whitelisted in the VIP program to incentivize its ecosystem on Initia. Rave has since wound down its activity on Initia and the rollup is being retired. To maintain fairness across the VIP program and avoid allocating rewards to an inactive rollup, this proposal removes Rave from VIP. Already-earned VIP rewards are not affected: they remain claimable and continue vesting on Initia L1 after delisting. ## 2. Background VIP is intended to incentivize active rollups and their ecosystems. When a rollup is no longer operating, continuing VIP allocation: - creates unfairness versus active rollups, - can lead to unclaimed or misdirected incentives, - reduces the integrity of the program. Rave's Minitswap pool was already deregistered in Proposal 86. INIT bridged to Rave remains fully backed by the bridge escrow and will be handled in the broader wind-down process. ## 3. Proposal Details Remove Rave from the VIP allowlist. | Field | Value | | -------- | ----- | | Rollup | Rave | | BridgeID | 17 | This proposal executes a single `vip::deregister` call targeting Bridge ID 17. ## 4. Timeline 1. Jul 15 - Forum proposal posted 2. Jul 16 - On-chain vote begins 3. Jul 23 - On-chain vote ends (proposal executed if passed) ## 5. Governance Votes - **YES** - You support removing Rave from the VIP program. - **NO** - You oppose removing Rave from VIP. - **NO WITH VETO** - You believe this proposal is harmful, spam, or violates governance principles. - **ABSTAIN** - You choose not to vote for or against but wish your vote to count toward quorum. More details: https://forum.initia.xyz/t/delist-rave-from-vip/441