Optimism Gov Summary

Updates and Announcements 📢 Governance Updates
11

Optimism Gov Summary | August 1st – August 15th

We’ll share the latest activity in the Collective. You’ll find:

  • Voting updates

  • Commissions & Councils updates

  • Forum highlights

  • What’s New in the Collective?

  • Upcoming Calls

:ballot_box_with_ballot: Voting Updates

There is an active vote on Agora, running until August 20th and part of Voting Cycle#40:

  • Security Council Season 7 Retroactive Funding Request: The Security Council lead @Alisha is requesting 346.920 OP in retroactive funding, following an increase in workload during Season 7, that included signing of upgrades for five chains and the completion of 19 upgrade ceremonies within six months (compared to six across the entirety of 2024). The request allocates 24.780 OP to each member of the council. While initially included in the Season 8/9 budget, the Foundation requested to be submitted as a separate proposal. It was scheduled for a vote in Cycle 39 but did not secure enough approvals after modifications, and is therefore currently active for voting in the present cycle.

Commissions & Councils Updates

:classical_building: Grants Council

@Gonna.eth shared the Internal Operating Procedures (IOP) for the Grants Council: Season 8: cycles last three weeks and applications will remain open until the budget is nearly exhausted. As a new feature, proposals are first AI-scored, with low-scoring ones eligible for promotion by GovNERDs. Passing or promoted proposals proceed to Final Review, where approval requires a simple majority of 3 out of 4 reviewers. Office Hours will also be held each cycle. In addition, the S8 Grants Council Communication Thread is the channel for all Council updates.

Security Council

As mentioned at the beginning of the summary, the Security Council Season 7 Retroactive Funding Request proposal is currently up for a vote.

Developer Advisory Board (DAB)

@wildmolasses shared the Internal Operating Procedures (IOP) for Developer Advisory Board: Season 8. The DAB’s S8 & S9 IOPs prioritize the Charter, with comms via a public forum thread and Office Hours. Protocol upgrades get a 7-day review and 7-day vote needing 5/7 approvals. Grants are reviewed on a rolling basis with a 14-day response target. Ops run on Telegram and a public GitHub board, COIs are declared, and changes need a simple majority taking effect next cycle. In the Seasons 8 & 9 Developer Advisory Board: Communication Thread all the updates will be shared.

Milestones & Metrics Council

@PGov posted the Internal Operating Procedures (IOP) for the M&M Council: Season 8. Among the highlights of this season’s IOPs are live data analytics for grantees, weekly disbursements via the M&M multisig (5 of 7 signers across M&M, Grants Council, and Developer Advisory Board), milestone tracking through the application portal with tagged Lead support, and communication through Discord, Telegram, or email. Reviewers manage submissions through the portal with dashboards and shared documents, and decide by simple majority (2 of 3), with the Lead acting as tie-breaker when required. The S8 & S9 Milestones and Metrics Council Communication Thread will serve as the official communication channel for the council.

:thread: Forum Highlights

:magnifying_glass_tilted_right: What’s New in the Collective?

:date: Upcoming Calls

No official calls announced. Stay tuned in the Optimism Calendar for updates.

:blush: Are we missing something? Feedback and suggestions are always welcome.

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