2 Polls Closing April 30, 2025
Season 8 and 9: Budget Board Member Ratification
Summary: This poll asks OP holders if they support the creation of a Budget Board, which would be tasked with making recommendations on annual budgets for Citizens’ House and Token House, as well as make recommendations on how to proceduralize the staking of more ETH collected by the sequencer on behalf of Optimism governance.
Board member terms would be 12 months, with half the board elected in the future by Token House and half by Citizens’ House, and one nonvoting board lead.
An inaugural board has been submitted by the Foundation (affiliations in parentheses):
Lead:
Dane Lund (Alliance DAO)
Token House Representatives:
Xochitl Cazador (Optimism Foundation)
Michael Silberling (OP Labs)
Katie Garcia (UDHC)
Citizens’ House Representatives:
Carl Cervone (Open Source Observer)
Divya Siddarth (Collective Intelligence Project)
Eva Beylin (Optimism Foundation; The Graph Foundation)
Operational expenses are expected to be 220,000 OP for Seasons 8 and 9, but will be covered by the Foundation.
Recommendation: Vote For. Overall, this is a solid slate of initial members. Over time, we would like to see a steady movement away from Labs and Foundation affiliates given the potential for conflicts of interest that creates, since representatives are supposed to represent Citizen and Token Houses. Dane Lund, the proposed lead, was the inaugural lead for the Optimism Grants Council, which has generally been a success and has become the template for many grants programs outside Optimism.
Maintenance Upgrade: Absolute Prestate Updates for Isthmus Activation & Blob Preimage Fix
Summary: This poll asks OP holder if they support setting May 9th as the date to hard fork into the previously approved Isthmus upgrade. This update also includes a fix for a bug. Full details can be found here, and delegates are encouraged to review it.
NB: This is an optimistic proposal and will pass unless defeated.
Recommendation: Do not vote (optimistic approval). This is a bug fix and sets a specific time and date for the Isthmus hardfork, which was already approved.