4 Polls Ending May 28, 2023
Inflation Adjustment Proposal
Summary: This proposal seeks to alter the annual inflation of OP token supply from 2% to 0%.
Recommendation: Vote Yes. As the proposal author points out, circulating supply is expected to rise dramatically for the next few years. Unlocking minted supply will dwarf inflation, and there is no clear justification to maintain the 2% inflation target.
Treasury Appropriation (Year 2 Budget Approval)
Summary: This proposal seeks to distribute a budget to the Optimism Foundation of 1 OP for the upcoming fiscal year.
Recommendation: Vote Yes. The requested budget is only 1 OP because the Foundation has failed to utilize the overwhelming majority (~94%) of its initial budget. While we would prefer to see the Foundation successfully utilizing its original budget, given that is not the case, a token budget of only 1 OP is appropriate.
Council Reviewer Elections: Builders
Summary: This poll asks OP holders and delegates to choose up to three candidates for the Builders Subcommittee on the Grants Council. Choices are:
Jack Anorak
Gonna.eth
Oxytocin
Krzysztof Urbanski
Recommendation: Vote Jack Anorak, Gonna.eth, and Krzystof Urbanski. These three delegates served on the Builders Subcommittee the previous season and did a good job. While we suspect Oxytocin would do a fine job based on their past involvement in Optimism governance, we don’t feel the Grants Council should lose momentum.
Council Reviewer Elections: Growth
Summary: This poll asks OP holders and delegates to choose up to five candidates for the Growth Subcommittee on the Grants Council. Choices are:
GFX Labs
Sugma.eth
StableLab
Matt L
Michael Vander Meidan
Katie Garcia
DAOstewards
Recommendation: Vote GFX Labs, Sugma.eth, Matt L, Katie Garcie, Michael Vander Meidan. These five delegates (including ourselves) served on the Growth Subcommittee the previous season. While we suspect StableLab and DAOstewards would do a fine job based on their past involvement in Optimism governance, we don’t feel the Grants Council should lose momentum.