Week of June 10th, 2024
Recent Proposals
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Developer Advisory Board Elections
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Summary: The proposal outlines the election process for five members of the Developer Advisory Board following the approval of its operating budget. The Board Lead will appoint the Upgrade Czar and Ops Lead from those who received the highest vote percentage among the self-nominated candidates. Voting will use approval voting, allowing delegates to vote for any number of nominees, including themselves, as long as they vote for other positions as well. This process aims to ensure a transparent and fair election for the Developer Advisory Board members in Season 6.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Grants Council Reviewer Elections: Audit Reviewer
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Summary: The Token House is set to elect two Audit Reviewers from a pool of four candidates following the approval of the Grants Council Operating Budget. The election, which is part of Special Voting Cycle #23b, will employ an approval voting system, allowing delegates to vote for any number of nominees. The candidates, m4rio.eth, AnthiasLabs, 0xDonPepe, and leo.sagan via seedlatam, have outlined their qualifications in a town hall meeting. The voting process is active, with results indicating varying levels of support among the candidates. The election aims to ensure transparent and effective auditing for the Grants Council.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Upgrade Proposal #9: Fjord Network Upgrade
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Summary: Upgrade Proposal #9: Fjord Network Upgrade focuses on enhancing the Optimism ecosystem by integrating the EIP-7212 precompile to lower gas costs for smart wallet applications, supporting Brotli batch compression for reduced data availability costs, and solidifying L1 data pricing robustness. Additionally, it extends the max-sequencer-drift parameter, granting chain operators increased response time to L1 node issues, thus preventing potential L2 chain halts. The upgrade is code-complete in both the optimism monorepo and op-geth commits, and is up for voting in Special Voting Cycle #23b. If approved, it will move to a veto period in the Citizens’ House.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Chain Delegation Program Amendment
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Summary: The Chain Delegation Program Amendment proposes refinements to the existing program to better align with the evolving Superchain strategy. Initially approved through Season 6 yet unused in Season 5, the amendment aims to facilitate the onboarding of approximately 15 new OP Chains by increasing the program’s size from 10M OP to 20M OP. Eligible OP Chains can receive up to 1.5M OP based on specific criteria. The timeline is also extended to a rolling basis until all 15 Chains complete their first year of participation. If the proposal is not approved, the program will remain at its original size and terminate at the end of Season 6.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Season 6: V2. Code of Conduct Council Renewal
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Summary: This proposal seeks to address feedback from a previous cycle by renewing the Code of Conduct Council for Season 6, establishing it as a permanent entity within the Collective to enforce the Rules of Engagement. The proposed operating budget for the council, presented by Juan Carlos Bell, is 26k OP. Delegates have the option to approve this budget, thereby appointing the proposal author as Council Lead. Should the budget not be approved, the supportNERDs will continue their enforcement role. This proposal is part of Special Voting Cycle #23b.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Grants Council Reviewer Elections: Mission Reviewer
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Summary: The proposal outlines the upcoming Grants Council Reviewer Elections following the approval of the Grants Council Operating Budget. The Token House will elect 12 Mission Reviewers from a pool of 23 candidates, with the top 3 being designated as Superchain Mission Reviewers. An approval voting mechanism will be utilized where delegates can vote for any number of nominees, including themselves. The proposal lists all candidate profiles and provides a link to an audio recording of the candidate town hall. Additionally, it specifies that this proposal is eligible for Special Voting Cycle #23b and includes details on the voting timeline, total votes, and current state of the election process.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Grants Council Reviewer Elections: Milestones and Metrics Reviewer
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Summary: The Grants Council proposal announces an election for three Milestones and Metrics Reviewers out of six candidates, following the approval of the operating budget. This election utilizes approval voting, allowing delegates to vote for any number of nominees. Candidates include Bubli.eth, Juanbug_PGov, mmurthy, v3naru_Curia, LauNaMu, and suckmydiscoteque.eth. Voting will occur during Special Voting Cycle #23b. Detailed candidate information and voting procedures were provided, and the election process will follow the governance rules and timelines established by the Grants Council.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Anticapture Commission Amendment
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Summary: In Season 5, the Anticapture Commission was formed to promote governance decentralization and initially approved until the end of Season 6. The proposed amendments aim to refine the Commission’s mandate, goals, and membership criteria based on community feedback. This ensures active participation and meaningful contributions from high-impact delegates. The proposal is set for Special Voting Cycle #23b, and if not approved, the Commission will operate as initially scoped through Season 6.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Developer Advisory Board Elections
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Summary: The proposal outlines the election process for the Developer Advisory Board following the approval of its operating budget. The Token House will elect five members using approval voting, where delegates can vote for any number of nominees, including themselves. The candidate with the highest vote will also be appointed to the roles of Upgrade Czar and Ops Lead by the Board Lead. A variety of candidates have been listed for the season six election, with full details and an audio recording of the town hall available for review. The election is scheduled for Special Voting Cycle #23b.
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Proposer: Optimism Foundation
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Status: Voting in Progress
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Forum Highlights
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GovNFT and Governance Participation Curriculum
Michael announces a pilot program for a GovNFT curriculum aimed at increasing meaningful participation in Optimism Governance. The initiative seeks community feedback on proposed activities designed to engage and incentivize GovNFT holders. GovNFTs, created by the Velodrome team, allow builders to participate in governance while their tokens remain locked. The pilot will distribute 25K OP among participants based on their engagement in delegation, forum discussions, and community calls. The program emphasizes high-quality contributions and aims to establish a template for new governance participants, aligning with the governance intents of Season 6.
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Exploring the Future Impacts of Optimism’s Latest Scaling Solutions
Nathaniel opens a discussion on the recent advancements in Optimism’s scaling solutions, seeking opinions on how these developments might influence the broader ecosystem in the upcoming months. He expresses excitement and anticipation for insights from the community regarding the potential impacts and improvements these scaling solutions could bring to the ecosystem.
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Retro Funding 4: Eligibility criteria enforcement
This forum post informs applicants about the eligibility criteria for Retroactive Public Goods Funding (Retro Funding 4) and clarifies reasons for disqualification. Eligible projects must have specific onchain activity on designated OP chains, verified contract details, publicly available code, and must comply with KYC and application deadlines. A linked table provides reasons for ineligibility, and an appeal process is available for errors, with a deadline of June 18th. Some applicants were notified via email; those without provided emails will not receive notifications. The post encourages questions to be directed to the #retrofunding-discussion channel on Discord.
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In the latest Voting Cycle Roundup #23b, the focus is on reviewing key proposals and strategic priorities for the Optimism Collective. Highlights include the performance analysis of DeFi protocols post-Retractive Public Goods Funding (RPGF), which indicates significant growth for some while underscoring challenges for others. Proposals discussed range from enhancing the security of withdrawals through permissionless fault proofs to establishing a Standard Rollup Charter aimed at ensuring high-security blockspace products. Additionally, budget allocations for Season 6’s Developer Advisory Board and Grants Council were scrutinized to improve governance and community support.
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Grants Council Season 6 Nomination + Election Process Feedback
The forum post is a feedback thread dedicated to the Season 6 Grants Council nomination and election process within the Optimism protocol. Users are invited to share any feedback related to the self-nomination and election stages. It includes links to additional resources: the Season 6 Nominations for the Grants Council and the Grants Council S6 Election Town Hall. The post, authored by the system, aims to gather community insights and improve the process for future iterations.
Stakeholder News
The list represents the most recent posts on Delegates category on Forum, and not the list of top delegates by voting power
| Delegate | Communication Thread |
|---|---|
| GFXLabs | GFX Labs - Delegate Communication Thread - #32 by GFXlabs |
| PGov | PGov - Delegate Communication Thread - #14 by PGov |
| L2Beat | L2BEAT Invitation to discuss Season 6 and Optimism |
| OPMichael.eth | Michael (OPMichael.eth) Delegate Communication Thread - #2 by Michael |
| DAOPlomats | DAOplomats Delegate Communication thread |
| Brichis | Brichis - Delegate Communication Thread - #11 by brichis |
| Jrocki | Jrocki - Delegate Communication Thread |
Upcoming Events
- Joint House Community Governance Call: Tuesday June 18, 2024
- Office Hours: Wednesday June 19, 2024: Link
- SuperChain Demo Day: June 20, 2024: Link
- Optimism Ambassador Chat: June 21, 2024: Link
Upcoming Votes
9 Proposals live at the time of writing this report, no upcoming proposals detected