Quick update on our progress, we have successfully completed Milestone 2 of our OP Governance Analytics Dashboard. This milestone involved the development of our MVP and the integration of holder, concentration of voting power, proposals, and participation metrics.
Here’s a brief overview of what we’ve accomplished:
Deployment of the MVP: Based on the initial design concept and mockup designs, we have deployed the first version of the Governance Analytics Dashboard. This serves as the foundation for our future work and provides a tangible dashboard for the community to interact with.
Holder Metrics: We have integrated basic metrics into our dashboard, these will provide a snapshot of the current state and trends of OP governance tokens within the Optimism Collective.
Initial User Interview and Community Feedback: We have send out survey regarding the dashboard and conducted initial interview with several delegates such as @GFXlabs@Gauntlet@404DAO@katie (really appreciate all your insights and feedback). We are now releasing the dashboard for community feedback. We will continue to reach out for more delegates and users to get more insights throughout the end of season 4.
GM! I’m a big fan of the “Ghost” and “Inactive” tags. It would indeed be fascinating to determine the amount of voting power they represent. Moreover, I’d like to be able to filter based on the “proposal participation ratio”. I believe it provides a significant sense of achievement to see oneself as a delegate with high participation percentage, even without substantial voting power.
GM all! Another quick update on our progress, we have successfully completed Milestone 3 of our OP Governance Analytics Dashboard. This phase focused on integrating several new metrics, including those related to holders, concentration of voting power, proposals, participation, and voting behavior.
Here’s a brief overview of what we’ve delivered:
Holder Metrics: We’ve incorporated new metrics related to token holders into our dashboard.
Holding Period: Provide insight on the overview of OP token holding duration.
As we approach the end of Season 4, our next milestone focuses on gathering community feedback. We highly encourage all community members to explore the dashboard and share their thoughts. Your feedback will help us further refine the dashboard to better serve the needs of the OP community.
Feel free to offer comments, ideas, suggestions, or criticisms to help us improve.
Thank you for your continued support, and as always, stay optimistic!
So cool to see this Mission come to fruition! Some personal feedback (not the view or opinion of the Optimism Foundation or OP Labs):
What does share of votable supply represent? (there is some labeling missing)
Voting Power tab:
What are the definitions of “minority” and “non-minority” holders? More importantly, what does this show us other than non-minority holders have larger holdings (which would seem to be the case by definition, but i’m unsure of what the definition actually is)
Looking at quorum gauge and nakomoto coefficients is useful, thanks!
Can you provide an example of what a "Single-Holder Delegate (via Other Address) is?
Voting power distribution chart is interesting, would love to see that mapped over time
Unique proposers isn’t meaningful/representative as only the Foundation can technically submit proposals right now (but many different proposers have submitted grant applications, for example)
Definitions of proposal categories would be helpful
Info on inactive and ghost delegates is useful, thanks!
Hi @lavande, thank you for taking your time and provide us with a lot of valuable feedbacks. I’ll try to go through all of them.
Share of Votable Supply: This metric shows the proportion of the current circulating OP supply that’s eligible for voting. It offers a collective view of how much of the circulating supply might engage in the decision-making process. Moreover, it underscores areas for enhancement by pinpointing the untapped voting potential within the circulating supply.
Minority & Non-minority: We define “Minority” as the holder who hold less than 0.1% of the votable supply and “Non-minority” as the holders who hold more than 0.1% of the votable supply. The percentage of “Delegated Minority/Non-minority holder address” how much of those minority/non-minority are actually delegating their voting power. It offers us insight in the untapped voting power from these two groups.
I hope this clarifies your questions. That said, we acknowledge that we could have done a better job of making our tooltips and definitions clear. We will be to improving them in our next release in the coming week.
Single-Holder Delegate (via Other Address): Any delegate that received >= 50% of its voting power via another address’s delegation.
For example, imagine we have “Delegate A.” If most of Delegate A’s voting power—say, 80%—comes from just one other address, which we’ll call “Delegator Z,” then Delegate A would be considered a “Single-Holder Delegate (via Other Address).” In this scenario, Delegator Z is contributing the majority of the voting power to Delegate A.
We have put that into consideration that’s why for Optimism we try sourced the data from the forum based on the proposal threads author with “passed” tagged. Let me know your thoughts on this approach
We have provide those under the tooltips. It seems like our tooltips might be too small, will look into ways we could improve that.
Thank you @brichis and @chom, as well as all other members who have provided valuable feedback (I’ll try to credit everyone on the milestones update again). We are heading towards the final milestone. Will keep you all updated!
I’ve been closely following your mission and I’m genuinely impressed with your progress. Your dashboard is exceptional, and I’m particularly captivated by the “Participation” section; the statistics there are quite insightful. The simplicity and visual appeal of the design also caught my eye.
I believe integrating this dashboard into a more easily accessible platform, like Agora, could add significant value.
Curia app has a ton of potential and we are now wondering if api will be provided for other developers to use the data you are collecting in order to integrate with their platform?
That is one question that our team had asked as we look to measure more impact analysis within the ecosystem of Optimism over the course of the future. Voting participation is a big responsibility that measures as important proof of impact. Thanks again for the meeting. We look forward to seeing what else you come up with!
As Season 4 draws to a close this week, we’re so excited to see how you’ve executed on your Mission! Please post an update for the community here outlining the milestones you’ve met this Thursday (9/20) by 19:00 GMT. Please include links to any final work products as we’ll create a final roundup linking to all Mission deliverables.
We’re excited to update you on our completion of Milestones 4 and 5 for our OP Governance Analytics Dashboard. These milestones were pivotal as they involved refining the dashboard based on invaluable community feedback and analyzing its impact. Below are the key highlights:
Milestone 4: Refinements & New Features Based on Community Feedbacks
Active Delegate Criteria: Based on your feedback, we’ve adjusted the criteria for an active delegate to either having voted on over 50% of the proposals since their first vote or having participated in the latest 5 proposals.
Delegate-Specific Features: We’re working on individual pages for each delegate that display their voting history, contact channels, and more.
Delegation UI: We’re adding feature to enable users to delegate or redelegate on each individual delegate pages.
Delegate Tracking Chart: A new feature to visually track when each delegate receives their delegations.
Additional Metrics: We’re adding nuanced metrics like the Non-Conformity Ratio, Sufficient Voting Power Label, and indications for delegates who provide rationales and forum discussions for their votes.
We’ve gathered examples of feedback beside on this forum thread, which will be showcased under the dropdown with pictures of the comments. Your insights are shaping the future of this dashboard, and we can’t thank you enough!
We’ve received several constructive suggestions, such as integrating governance data from the citizen house and including off-chain activities. While we couldn’t incorporate all these fantastic ideas in Season 4 due to time constraints, we’re excited to say that the journey doesn’t end here. We’re considering open-sourcing parts of our dashboard and will continue to deliver more features as requested by you, the community.
Thank you for all your support. Your engagement is the fuel that drives us to make this dashboard a valuable resource for the Optimism Collective. As always, we welcome your comments, ideas, and criticisms. Let’s keep the feedback loop strong, and as always, stay optimistic!
Thanks for the update @v3naru_Curia! Please not that all Missions will be able to showcase their work tomorrow during a dedicated Mission demo day on September 28th, at 16:00 GMT on the Discord mainstage!