gm Optimism Collective
Last week, forum participation decreased, with 9 new topics submitted, down from the previous week’s 23 topics. The most impactful discussions included:
- Superchain Grants Review Process: The Grants Council has introduced a rigorous review process for the Season 6 Superchain Grants Program. Proposals are evaluated based on a set of 13 yes/no questions, with chains needing to achieve a high level of compliance to be considered for a grant. This process ensures that only the most promising projects receive funding, maintaining the integrity and success of the Superchain.
- Bringing Optimism Governance Stakeholders into Giveth Project Verification: Giveth, a crypto donation platform, is enhancing its project verification process by involving OP Badgeholders and top token delegates in vouching for project legitimacy. This new system, which includes DeVouch attestations and tiered benefits, aims to increase transparency and effectiveness in project verification on the platform.
- Exploring Shielded Voting: Enhancing Governance on Optimism: The concept of shielded voting is explored as a potential method to enhance governance on Optimism by encrypting votes until the voting period concludes. This approach could mitigate bandwagon effects, reduce voter apathy, and prevent strategic voting, aligning with Optimism’s values and improving decision-making processes.
These discussions reflect the ongoing efforts to strengthen the grant review process, integrate community-driven governance into project verification, and explore innovative approaches to enhance governance transparency and fairness.
daospace is a DAO discovery platform that aggregates contributions across different DAOs. We will be providing weekly Automated AI Summaries to help reduce information overload, and so that all members can stay up to date on forum activity within the DAO. Below is a summary of every topic made within the OP Governance Forum from last week.
Feel free to leave us feedback in the comments below. You can get in touch with the daospace team on X (Twitter) , or reach out to the founders directly on X as well: Jaris James & Sixty
Tingchain: The First Optimism Deployment on a Non-Ethereum Chain (TON)
Created: 2024-08-19
Author: @TingChain
Summary
The post introduces Tingchain as a Layer 2 blockchain solution for the TON ecosystem, aiming to enhance scalability, interoperability, and EVM compatibility. It highlights the motivation, initiative details, target market, impact, rationale, and implementation plan of Tingchain, emphasizing its potential to revolutionize the TON ecosystem and extend Optimism’s reach. The deployment of Tingchain is expected to bring additional liquidity, engage users, and drive revenue while supporting ongoing development efforts.
Retro Funding 5: Grants & Funding within the application process
Created: 2024-08-19
Author: system
Summary
The post discusses the challenges in collecting and attributing grants and funding received by projects, particularly in the context of Retro Funding 5. It outlines the information that projects are required to report, such as pricing, Optimism grants, and investments, while also highlighting the risks and drawbacks of the current system in defining impact = profit. The post emphasizes the need for reliability in Retro Funding rewards and the importance of minimizing governance rules to streamline the evaluation process.
Retro Funding 5: Application Form Changes
Created: 2024-08-19
Author: system
Summary
The post discusses the changes and updates made to OP Atlas for Retro Funding 5, including the introduction of organizations, refined application questions, and other improvements. Organizations can now create multiple distinct projects for funding applications, and a workshop was held to gather feedback on refining project application questions for better evaluation. updates also includes granting reporting, addition of links in applications, improved project creation process, visibility of round details, and markdown support in free-form input fields.
Superchain Grants Review Process
Created: 2024-08-20
Author: @Gonna.eth
Summary
The post outlines the introduction of a review process for the Season 6 Superchain Grants Program by the Grants Council. Grant proposals will be evaluated based on a set of yes/no questions, and chains should aim to have 12 out of 13 questions answered with “Yes” to be considered for a grant. The prioritization is for live chains, and there are considerations for grant cap limits and expectations for applicants. The rigorous evaluation process aims to maintain the integrity and success of the Superchain.
Proposal Title: Rolling Mission Requests
Created: 2024-08-20
Author: Gonna.eth
Summary
The proposal suggests allowing the Grants Council to create rolling Mission Requests to attract and engage more developers within the Optimism ecosystem using unallocated budget from Intent 3 A. Requests will be sponsored by council members and subject to approval by the Token House, with submissions closing on the last Monday of each review period and voting taking place on the following Thursday. Timeline includes approval in Cycle 26 and submission in Cycles 27 to 29.
Cycle 26 Grants Preliminary Review Report
Created: 2024-08-21
Author: Gonna.eth
Summary
Cycle 26 of the review process has concluded with a total of 53 applications being reviewed. The preliminary cutoff score was set at 30 points. All milestones were met, thanks to the efforts of the operations lead. The Developer Advisory Board provided valuable insights. Finalists will be announced soon. Rubric comments are now integrated into application submissions, and the winners will be revealed in the upcoming week.
Bringing Optimism Governance Stakeholders into Giveth Project Verification
Created: 2024-08-23
Author: @mitch
Summary
Giveth, a crypto donation platform, is revamping its project verification system to involve OP Badgeholders and top token delegates in vouching for project legitimacy and value alignment using DeVouch attestations on Optimism. The proposal introduces Giveth Verifiers, Verification Points, Tiered benefits, and Impact Audits to enhance the transparency and effectiveness of the platform’s verification process.
Token House Call will be [Tuesday, August 27th @ 11:00PT / 14:00 ET / 18:00 GMT / 19:00 CET]
Created: 2024-08-23
Author: @Michael
Summary
The post is a reminder for Optimists to join a token house call scheduled for next Tuesday, August 27th. The meeting link is provided for easy access. The message is signed off by Michael.
Exploring Shielded Voting: Enhancing Governance on Optimism
Created: 2024-08-24
Author: @0xDonPepe
Summary
The post discusses the concept of shielded voting, which involves encrypting votes until the voting period concludes. It highlights potential benefits such as mitigating bandwagon effects, reducing voter apathy, and preventing last-minute strategic voting. The author seeks input on how shielded voting could enhance decision-making in Optimism, potential challenges, whether it should be applied universally or selectively, and how to align implementation with Optimism’s values.