The Citizens’ House Onboarding Call took place on 16th January 2023 at 17:00 UTC. A call recording will be uploaded by @lavande
Important Dates
- 24th January: Deadline for Citizens’ House to participate in a test vote on Snapshot
- January 25th - January 31st: Veto Period for Delta Protocol Upgrade (Snapshot)
Quick Links
- Citizens’ House Spanshot
- Governance Calendar
- Citizens’ House Governance Hub
- Citizens’ House Governance 101 Presentation
- Optimism Governance 101 Presentation
Call Summary
- Citizens are advised to browse the Citizens’ House Governance Hub.
- Citizens’ House Governance Hub lists deadlines and to-do actions.
- Citizens’ House governance is kicking off! A test vote will go live on Snapshot next week.
- The Token House bootstraps the RetroPGF market via grants and governance funds.
- Governance funds will eventually diminish. The long-term goal is for RetroPGF (via sequencer revenue) to support the ecosystem.
- Each Voting Cycle involves a two-week Review Period, a one-week Voting Period, and an additional one-week Veto Period if there is a protocol upgrade.
- The Veto Period is structured as a no-vote. The Veto threshold requires 30% of Citizens to cast a no-vote. Votes are public.
- Citizens’ are advised to get familiar with the Delta Protocol Upgrade before the Veto Period starts on January 25th.
- A joint-house call (Citizens’ House x Token House) is expected in February.
Optimism Collective Two-House System:
-
Token House (1 OP = 1 Vote)
- Oversees protocol upgrades
- Drives ecosystem growth
- Vote on vote.optimism.io
- List of delegates: https://dune.com/optimismfnd/optimism-op-token-house
-
Citizens’ House (1 Member = 1 Vote)
- Allocate public goods funding
- Participate in Citizens’ House governance
- Prioritizing long-term growth and sustainability
- Vote on Snapshot
- List of citizens: Optimism Agora
Q&A
Q: What’s the role of the Security Council vs the Citizens’ House for protocol upgrades?
A: Citizens can Veto protocol upgrades. The Security Council will enact approved upgrades and can intervene in emergencies.
Q: Should inactive badgeholders be considered Citizens for the Veto threshold?
A: Right now they are, but this threshold is subject to change. Awaiting input from @Jonas