Our team at Anthias Labs has signed this petition to signal a need to further this conversation proposed by @GFXlabs. Along with risk, our primary focus as delegates has been attempting to clarify the unique Optimism value proposition and how the Optimism Collective can capture part of the value it creates from this unique value proposition.
The value proposition of the Superchain may be correct, but we, along with other delegates, continue to maintain the thesis that sequencer fees are going to 0. Therefore, it is insufficient to consider Superchain sequencer fees to be the only path of Optimism Collective value accrual for the next 3, 5, 7+ years.
We believe that the Collective needs to begin focusing more on the app layer as opposed to purely the chain layer for value capture (or at least test this), but the current construction of the DAO does not fully allow for this testing. There is no current way–at least to our understanding–to test a program like the following:
How can the Optimism Collective gain more revenue in new ways? One way will be to supercharge a handful of apps with incentives as opposed to spreading incentives thinly across many apps. Utilize the same amount of OP incentives (or less), but target them much more effectively. Thesis: More builders + users will migrate directly to Optimism for 20%+ yields on 3-4 apps than 8%+ yields on 30-40 apps, so long as the risk profile is similar. We can test this for one season and see the TVL growth relative to market beta. A rough plan would be to foster an application process where apps apply for these incentives from the DAO. Then, the top 3-4 apps will be selected, and these will be the supercharged Superchain apps. In exchange, these apps will give back to the DAO in revenue share, which will ideally drive more value to the OP token.
A program like the above is a concept that could not be proposed today by a delegate or group of delegates and does not fit in the current structure of the Grants Council. It is just an example of a new way of value accrual that the Collective could benefit from testing for one season.
Whether or not the full roadmaps outlined in this forum thread or as outlined by the Foundation are accurate or will need to be amended, it is clear that the Optimism Collective is in need of clarification here if it seeks to maintain its position and not fall to emerging L2 and alternative L1 solutions.