Citizens' House Onboarding Call Summary

[ethdaily]

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

[InbestProgram]

great summary! thanks for the recap, i wasnt able to attend, im currently diving on the delta network upgrade, by reducing the inactive cost we reduce the risk of launching a rollup!