Governance Weekly Recap

Week of November 18th, 2024

:writing_hand: Forum Highlights

  • Season 7: Guide to Season 7

    Advancements with a focus on interoperability will be a key theme in Season 7. Building on the foundation laid in Season 6 with the intent structure, this season aims to accelerate Superchain interoperability, pushing forward the vision of a fully realized Superchain. Moreover, the successful transition of the governance fund on-chain in the previous season marks a significant step towards decentralization, with expectations of further developments in this area. There is also anticipation for more Superchain chains to become active under OP governance during this season.

  • Code of Conduct Council - Season 6 Retrospective

    The Code of Conduct Council’s Season 6 retrospective highlights their progress towards meeting key performance indicators (KPIs) established at the start. The council improved response times and resolved conflict cases with only minimal enforcement actions, underscoring enhancements in accountability, transparency, and community engagement. Despite challenges such as limited authority and the perception of the council as merely punitive, the team handled conflicts effectively, aiding in the decentralization of governance and fostering community trust. Proposed solutions for future improvements focus on increasing educational efforts, enhancing communication channels, and expanding the council’s scope of action. The council’s continued operations are encouraged to enhance rules of engagement and maintain community well-being.

  • Season 6 Grants Council Final and Retrospective Report

    The Season 6 Grants Council Final and Retrospective Report highlights the success and challenges faced during the season. The Council achieved significant milestones, surpassing key performance indicators such as finalist satisfaction and quality applicant support. Notably, 90% of granted OP is locked for one year, fostering confidence in future votable supply growth. The report addresses major issues like rushed transitions, scoped mission request limitations, and audit challenges, proposing solutions such as pre-season task forces, broader mission requests, and audit subsidy positioning. Additionally, improvements for next season include integrating business development, streamlining requests, and adopting a tiered reviewer system. The document emphasizes the importance of clear objectives and strategic alignment among stakeholders to enhance overall effectiveness and impact.

  • Anticapture Commission - Season 6 Retrospective

    The Anticapture Commission’s Season 6 Retrospective highlights their efforts in preventing governance captures within the Optimism ecosystem. The Commission, utilizing 10 million OP tokens, successfully voted on all proposals subject to a Citizens’ House veto without witnessing any governance capture risks. An increased votable supply by 18.5% signifies progress towards their goals. The ACC contributed to decentralization discussions, suggesting improvements in voting interfaces beyond reliance on Agora. The retrospective also identifies technical issues encountered during the Granite Network Upgrade and proposes potential solutions for future governance enhancements, emphasizing the ACC’s role as a critical governance safeguard. The recommendation is to maintain the ACC’s mandate into the next season, ensuring continued vigilance against governance capture.

  • Cycle 30 Grants final roundup

    The forum post titled “Cycle 30 Grants Final Roundup” celebrates the conclusion of Season 6, providing a comprehensive summary of the final statistics and decisions regarding grant applications. Out of the 91 applications received, 22 were approved after a rigorous multi-stage review process that required a minimum score of 40 points for grant approval. Noteworthy updates include the preparation of attestations for Farcaster projects and the anticipation of detailed season reports and reflection documents by the end of the day. The post extends gratitude to the Developer Advisory Board for their vital feedback and acknowledges contributors who drove Cycle 30’s achievements. Additionally, it provides a detailed list of applications with resolutions, highlighting successful approvals in various strategic initiatives such as decentralized infrastructure and governance hackathons.

  • Season 7: Reflection Period Guide

    The Reflection Period Guide introduces a comprehensive guide aimed at navigating the transition period following Season 7. It includes detailed insights and strategies for participants to evaluate their performance and plan for future improvements. With a focus on understanding past achievements and setting future goals, this guide facilitates a reflective and strategic approach, encouraging participants to align their efforts with broader community objectives. The guide is a valuable resource for anyone looking to optimize their contribution and engage more effectively with the ongoing initiatives.

  • Developer Advisory Board - Season 6 Retrospective

    The Developer Advisory Board (DAB) has significantly evolved during Season 6, transitioning from an experimental phase to a fully functional entity with structured processes that positively impacted the Collective. The DAB accomplished its key performance indicators, such as ensuring non-technical summaries for protocol upgrades and obtaining high satisfaction scores from the Grants Council. Challenges included logistical setup and identifying untapped opportunities for contribution. For Season 7, the DAB intends to expand its responsibilities, such as auditing grant requests and playing a more active role in mission request evaluations. The focus will be on reinforcing integration with the OP Labs and enhancing community engagement through initiatives like hosting office hours and facilitating developer involvement. Improvements are planned to increase the DAB’s influence and refine their strategic mandate within the Collective.

:newspaper: Stakeholder News

  • No new delegate thread update in the past 7 days

:ticket: Upcoming Events

  • Office Hours - December 4th- Link

:crystal_ball: Upcoming Votes

0 Proposals live at the time of writing this report, no upcoming proposals detected

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