Delegate Commitments [OLD]

Optimism Delegate Application

Name: GFX Labs

Address or ENS: gfxlabs.eth

Twitter Handle @labsGFX
Discord Handles PaperImperium#4249 and Getty#9877

Verification (Tally profile or tweet): GFX Labs Tally Profile

I have read and understood the Delegate Commitment Process: Yes.

I understand that becoming a delegate is a significant commitment: Yes.

My reasons for wanting to be a delegate: We look forward to leveraging our learnings from other protocols and the deep relationships our team has fostered across DeFi, TradFi, governments, and academics.

GFX has a record of rolling up our sleeves and getting work done. The GFX team has authored half of all successful proposals on Uniswap (including the first cross-chain governance proposal), listed multiple assets and developed the price oracle on Compound, and led efforts at MakerDAO to interface with regulators, lawmakers, and outside researchers. We actively work to find mutual benefits for protocols we cover to collaborate – such as the soon-to-be deployed DAI Direct Deposit Module for MakerDAO to plug directly into Compound.

Delegation to GFX Labs is a delegation to a governance team that is one of the most experienced in DeFi, able to facilitate partnerships, and with a track record of consistent engagement and delivery of results.

GFX Labs isn’t a fund. We don’t hold positions. We are a team of builders who love DeFi. Our participation in governance is rooted in a desire to see DeFi overtake legacy finance. We promise to be active participants. We’ll explain not only when we agree, but most importantly, when we disagree. As first-hand participants in governance, we know how frustrating it is to work on a proposal, receive limited comments, only to have the proposal shot down at launch. Our door will always be open to those who share the passion for DeFi that we have.

My view on the Optimistic Vision: GFX has a passion for building and optimizing protocols and the Web3 ecosystem generally. Our past record shows a commitment to the same ideals expressed in the Optimistic Vision – collaboration, coordination, and democratization of everything Web3.

My view on the first three articles of the Working Constitution:
Article 1: Experimentation is appropriate, but past experience at major protocols suggests experimentation should be done with specific goals in mind. An ability to experiment early on is worthwhile, but needs to be tempered with an ability to commit once a winning formula has been found.

Article 2: A bicameral structure should in theory provide a more robust set of checks and balances, but only to the extent that OP Holder and OP Citizens are representative of differing constituencies. Shaping the criteria for the latter will be very important to get correct.

Article 3: The Foundation-that-decentralizes-over-time model worked quite well for governing the Maker protocol. It will be important to have robust governance processes developed prior to the end of that journey, however, to insure institutional knowledge is retained and best practices continue after full decentralization.

My Web3 interests:
Choose ≀ five from the following set. List them as comma-separated values as your answer, like: β€œA, B, C”.

Accessibility, DAOs, Data and analytics, DeFi, Developer tools, Economics, Events, Environment, Gaming, Governance, Identity, Infrastructure, Legal, Messaging, Music, NFTs, Oracles, Privacy, Security, Social impact, Visual art, Wallets, Writing

DAOs, Economics, Governance, Legal, Infrastructure.

Languages I speak and write:
English, Korean, Spanish, Mandarin

My skills and areas of expertise: GFX staff have experience in DeFi governance, proposal creation & execution, regulatory interface, academic outreach, economics, financial systems & markets, cross-protocol collaboration.

10 Likes