Cycle 10 grant finalists were announced a few days ago.
Cycle 11 grant applications are due on March 8, 19:00 GMT. Keep an eye on the Grants Council’s landing page for more information.
Current Cycle 11 proposals can be seen using the appropriate forum category.
@lavandeannounced the Collective DAO Archives, comprising two resources to research policies, programs, and the unofficial roadmaps of 20 Ethereum DAOs. See Justine’s presentation at ETHDenver.
Proposals
[Draft] Upgrade Proposal: Bedrock. V2 of this proposal is expected to be posted soon.
In the Forums
Some questions (and answers) about Optimism’s monetary policy.
Feedback on Agora’s voting portal continues in this thread.
On Twitter
Technical deep dive on the Superchain, summarized.
Weird ETHYankovic at ETHDenver, and a long thread.
The grant submission deadline for cycle 11 has been moved to March 14 — keep your eye on the Grants Council docs.
Current Cycle 11 proposals can be seen using the appropriate forum category.
As @lavandenotes in Discord: “Provided the [Bedrock v2] proposal draft receives the required delegate approvals, Bedrock will go to a vote during the voting period of Cycle #11, which begins at 19:00 GMT on March 23rd.”
[Draft] Upgrade Proposal: Bedrock - v2. This version includes important changes and context, and is followed up with the final results of the Sherlock audit contest.
In the Forums
Citizens’ House badgeholders can if they want provide their RetroPGF2 voting rationales here.
Governance Update #6 was posted last week — we’re almost at the end of Season 3, which means a two-week Reflection Period is ahead. Here’s a sketch of the coming weeks.
With Season 3 over, we have a preview of Season 4. Goals, renewals, and experiments are listed, and a tentative schedule provided. More detail to come on April 13.
We’re now in the reflection period (April 13-26) between seasons.
The Foundation’s Guide to Season 4 puts forward important new concepts and approaches, including Intents, Missions, and Alliances — and also provides a timeline.
Season 4 features Collective Intents — around which the entire community aligns. They are “directional goals that allow the Collective to align and focus.” For the upcoming season, three Intents have been set by the Foundation; an additional one has been left open for community input. A brainstorming call will be held at 17:30 GMT on April 20th, directly following the Foundation AMA.
Missions “support specific initiatives aligned with our Intents.” Missions can be proposed by Alliances (see below), and delegates will “vote on Proposed Missions for each Intent during Voting Cycle #13.” A proposed Mission Proposal template has been posted.
An Alliance is “a group of people…that will work together to complete a Mission.”
Season 4 will also see the first iteration of Collective Trust Tiers, which aim to establish “a connection between one’s positive impact in the ecosystem and access to different types of work, grants, and roles within the Collective.”
If the Grants Council is approved, reviewers will be elected by the Token House in Cycle 12b (May 18-31). Those who would like to self-nominate must do so using a specific template by May 17.
Voting Cycle #12b (May 18 - 31) will include Grants Council Reviewer elections (potentially), treasury appropriations, and inflation adjustments. More detail will be provided on each.
Voting Cycle #13 (begins June 8) will see voting on proposed Missions.
The Reflection Period continues until April 26 — Wednesday of this week.
Be sure to follow — and contribute to, if you’re so inclined — the very interesting discussions around Intents, Missions, Trust Tiers and co-granting, among others, as they relate to the evolution of Optimism governance planned for Season 4.
Links to the summaries of the Season 4 AMA and Intent #3 brainstorm can be found here.
Join the Community Governance call tomorrow, April 25th 10am PT / 1pm ET / 7pm CET for all the latest.
The list of protocols eligible for the Season 4 Protocol Delegation Program (if renewed by the Token House) is presented here.
Intent budgets “must be posted to the forum and receive 4 delegate approvals
from delegates with >0.25% of the votable supply by Wednesday, April 26th at 19:00 GMT.”
As lavande specifies, “suggestions for Intent #3 must also be posted to the forum by Wednesday, April 26th at 19:00 GMT so the Foundation can select the final Intent ahead of budget approvals.”
In the Forums
@bill from Aave Grants DAO posts about how AGD plans to use the the 300k OP received as part of OP Stimpack phase 0.
Voting Cycle #12a is STILL under way, and will be until Wednesday, May 10th. There are five proposals are up for approval by the Token House on the voting portal.
The Foundation has posted some ideas about how “discoverability could be improved for smaller or less visible delegates.” More ideas welcome.
The 20th OP community governance call — “Data Edition” with @MSilb7 — will take place on Tuesday, May 9th 10am PT / 1pm ET / 7pm CET, on Zoom.
Since the proposal for the Intent #2 budget passed, those who are interested in being Grants Council reviewers can now nominate themselves — until the deadline, which is May 17, 19:00 GMT.
Voting Cycle #12b will start this Thursday, May 18, and run until May 31. Council reviewers will be elected during this period.
The next voting cycle will also include a vote on the Foundation’s Year 2 budget proposal — a treasury appropriation subject to Token House approval. As the Foundation notes, the vote is mostly symbolic, as it already has the funds: “This vote is meant to introduce the Foundation budget approval process and set a precedent for future budget approvals.”
Finally, as @lavandenotes, “any Inflation Adjustment proposals will need to be posted with four delegate approvals by May 17th at 19:00 GMT” so that they can be included in Voting Cycle #12b. This includes the one from @polynya, which continues to receive commentary.
Proposals
Voting Cycle #12b will start this Thursday, as noted above. It will include Council reviewer elections, a treasury appropriation proposal from the Foundation, and any qualifying inflation adjustment proposals.
@zhivkoto asks for feedback on the idea of “developing a public good website with interactive specs for the OP Stack (and other rollups) that includes opcodes, precompiles etc.”
A “decentralized global coordination layer wasn’t built in a day,” or this week in Optimism
On OP Radio #30: Decentralized Identity with Ethereum Attestation Service
Worldcoin “commits to Optimism’s Superchain vision ahead of mainnet launch”
Governance Calls
A link to the recording of last week’s community governance call can be found in the original post. Stay on the lookout for details about the upcoming governance call, on Tuesday May 23.
The OP circulating supply will increase on May 31, as detailed in this forum post, which states: “The upcoming unlock presents another opportunity to drive new delegations and further increase the votable supply.”
It’s delegation week: “a 5-day ecosystem-wide event dedicated to DAO governance engagement.”
The 20th OP Community Governance Call is tomorrow, Tuesday May 23rd, at 10am PT / 1pm ET / 7pm CET, on Zoom. Agora will be on to talk about improvements to delegate discovery.
The Grants Council will begin accepting grant applications on June 8th. The draft forms for Builders grants and Growth Experiments grants have been posted for community feedback.
The Bedrock upgrade will take place tomorrow June 6th at 16:00 UTC. There will be 2-4 hours of downtime for OP mainnet. See this document for all the details.
Proposals
Season 4 begins this week, on June 8, with a Cycle #13 review period for Mission proposals.
@lavandereminds us that all Mission proposals need to be posted to the forum by June 21st, and need four delegate approvals within the week following in order to advance to Voting Cycle #13. Foundation Missions (RFPs) need to be submitted by June 28th unless otherwise indicated.
Want to learn more about the Alliances needed to form Missions? A recording of the Alliance forming workshop held last week has been posted.
Prefer to receive this recap as an email? Subscribe by checking the box for “Optimism Weekly Update” at this link: Boardroom
Highlights
Season 4 is upon us, through September 20th. It will span three Cycles, the first of which is Cycle #13, which runs until July 12th.
The Grants Council is open for Season 4 proposals. Cycle #13 applications will be accepted through June 22nd. See the kickoff announcement for more details. Draft review rubrics have been posted for community feedback.
Submit your Mission proposals by June 21st, and apply for Foundation Missions by June 28th. The voting period for qualifying Mission proposals begins on June 29th.
A recording and recap of last week’s Governance call can be found here. The next Governance Call is scheduled for Tuesday June 20th, 10am PT / 1pm ET / 7pm CET. Keep your eyes on the forum for details.
The Grants Council remains open for Season 4 proposals. Cycle #13 applications will be accepted through June 22nd.
Submit your Mission proposals by June 21st, and apply for Foundation Missions by June 28th. The voting period for Mission proposals begins on June 29th. To proceed to the voting stage each Mission proposal must receive four endorsements from delegates with enough voting power (.25% of votable supply).
Here’s a recap and recording of last week’s community governance call.
