OPUser - Delegate Communication Thread

OPUser · October 28, 2022, 10:58pm

My Role in L2DAO

With season 2 coming to an end, I see few question surrounding my role with L2DAO project and I would like provide some context around it from my side.

Before actily involved in OP gov as a delegate, I was a discord member of different projects on Optimism including L2DAO when Phase 0 proposal was in incubation. During that time, L2DAO was seeking their community feedback on forming the proposal in a way to maximize its impact on project.

There were other community member active on their discord, helping each other, topic of discussion was not limited to Phase 0 proposal but all web3 space including discussion on other chain, nft and metaverse.

To encourage community engagement, especially from new users, L2DAO created a new Discord role by name L2DAO “Jade” , similar to “nerd”, “developer”, “contributor” and so on we have on our OP discord.

To recognize overall involvement from community side, they gave this role to me including two other community member. That’s all, that was my role in L2DAO. I hold a discord role for some time, soon after that they redefined their discord architecture and I think this role does not exist anymore. Soon after Phase 0, I got more involved in OP governance, I left many other discord group, including some bigger project on optimism, just because I wanted to focus more on OP gov and I didnt had time and bandwidth to follow up with other project.

In short, I contributed to a DAO, they recognized active contribution by creating a fun discord role which was assigned to me including others. This role does not exist anymore, I got more involved in OP Gov reducing my activity in other project. Left many discord group, still follow few but not active as I used to be.

Hope this help.

OPUser · November 3, 2022, 11:01pm

Season 2 Feedback

1. Number of OP delegated and participation going down:-

Total number of OP Delegated is still going down

Overall engagement is lowest, apart from selected committee member and few community member no one is actively taking part in discussion

Suggestion : -

We might see flock of new users after second airdrop depending on multiplier on the basis of token delegation and active participation, second boost could be because of Citizen house. Citizen house will come sooner than the second airdrop and I expect that to create some good vibe and may boost engagement on token house too.

     1. An independent entity should monitor engagement from community on this 
        forum and reward them retroactively. (could not be gamed easily). 
     2. Taking feedback from active delegates could be another option, they might
        know who has contributed during feedback cycle
     3. Point based reward system (likes + times replied to and so on) - as 
        mentioned by SR + Prometheus on Season 2 feedback Thread. Could be gamed
        but I am in favor of trying this for one season.  
     4. Another similar option could be asking the proposal author to share feedback. 
        From receiver end, if they see impact of a community member and they should
        get some extra point. Repeat and filter it. 
     5. If a user feel their contribution deserves reward, they can create a post, 
        submit and show their contributions.
     6. We can start retroactively, there are couple of active community member 
        on this forum and, I believe, we could try to include them in next season.

2. Road ahead

We already know that foundation want us to experiment, suggest and implement changes but we might need hint on road-ahead.

Suggestion : -

May be a good idea to set the goal, a short term goal. What do we want to achieve in next 6 months.
Are we still focusing on Liquidity and user on-boarding or can we put priority on long term sustainable vision, beyond just LPing and mercenary liquidity.

3. Proposal Evaluation: -

I am no longer looking at Phase 0 but season 1 and 2 was mostly focused towards LPing and user incentives. Going forward I would like to see some changes.

     1. Personally, I am looking at direct protocol iteration. 
     2. May be supporting development of project, incrementally.
     3. Liquidity does look good but as long as OP incentives are on-going. 
        If  you are submitting a second proposal, proper accountability of 
        prior/existing proposal could help. 
 

Trusted L1 project > Innovative project (even in dev phase) >  user on-boarding > Pure LPing

"How would you know if a fire is self-sustainable if you keep on putting the gas in it ".

OPUser · November 4, 2022, 1:05pm

polynya · November 4, 2022, 1:14pm

I think it can be pretty simple to begin with - announce that Airdrop #2 is incoming, and OP holders who vote for active delegates will qualify. The exact parameter for what qualifies as “active delegate” can be chosen just before the airdrop. Multipliers to those who were already voting before the announcement, of course. The question is how this can be executed - we need to work with the OF team?

Can think about more complex systems like you mention after that - it’ll be a challenge to make it happen without being gamed.

OPUser · December 13, 2022, 7:15am

Special Voting Cycle 9a

Voted in Favor :-

easy to reach consensus when group size is small
communication could be fast tracked, this was a challenge in season 2
Streamline the process, making grant funding less complex

I also believe that putting decision power is few entities could lead to centralization of power and might create an Eco-chamber which will hurt us in long run.

But supporting this proposal because OF is working on iteration, feedback from past season is reflected in this proposal and we are more aligned toward experiment from beginning.

Voted : Against

Governance is difficult, chaotic co-ordination could be tiresome some time, few entities will try to make it political or even worse, a pvp battle. But even after all this, we should try to be more inclusive, inclusive of other protocol, builders and community.

I am reading “skin-in-the-game” narrative as a positive side of this proposal which I agree but what about other protocol bringing more value to our chain even if they are not native ? What do we want to built, a cult or a community ?

I shared the similar thought here and also agree with @BP_Gamma here

OPUser · December 18, 2022, 3:17am

Token House Badgeholder Election Information

OPUser · January 14, 2023, 1:04pm

Special Voting Cycle #9

Builders - @Gonna.eth , @kaereste

1 Dhannte - He needs no introduction, heavily active in gov, contributing during gov call and got the grant from gov in last season. Happy to support him.
2. L2Beat - interacted with Kris for short duration in season 2 and L2Beat is doing an excellent job with their platform. I believe they will do justice to this role.
3. With new changes in place, decided to self-vote.

2 Growth @katie @GFXlabs @MattL @Michael @SEED_LATAM_Joxes

This one was difficult as each individual in this category is equally qualified. Took a different approach -

Joxes and Latam team - Very few can match their engagement in our gov, they are transparent, were part of different sub-committee(s) and leading the Latam community.
Michael and Katie - Both active and quite familiar with web3 space.
GFX Lab - Has vast knowledge of dev and gov, received two grant from gov and contributed heavily to our gov.
Matt - Although I dont agree with couple of decision they have taken in the past, SNX is one of the major pillar of optimism ecosystem, happy to support them in this category.

Protocol delegation
Gave preference to Optimism native protocol

OPUser · March 7, 2023, 11:39pm

RPGF Round 1. (FAQ & General info)

Now that voting is around the corner and discovery UI is live, I want to start the conversation with my initial thoughts.

With my limited knowledge on public good, there are couple of nomination I would not consider a public good.

A protocol having raised millions in VC/token(sales) funding
Very less impact or at least at early stage
Could be considered as a public good in the past but not anymore

My Focus would be -

Clear and visible impact (one example would be revoke Ui), NiceNode, Orbiter could be another one (there are couple of open question though). Optimism Español , jackxbt and similar under education section.
Must be open sourced
Might consider means-test where needed.

This is not to bash anyone or any project. To me, Optimism two pillar gov model was the main motivation behind joining this collective. Finally, we are moving away from plutocratic voting system and I understand that my vote has equal weightage, like other elected citizen, and I want to be transparent as possible, provide my rational behind every decision, take feedback, iterate and work towards making this collective better.

So, if you have any feedback, please let me know. (comment /dm on this forum or on discord nono#1218)

Note -
Please note that I am not a smart contract developer and may reach out to collective I trust for additional information or may have to skip certain nominations related to development tools, APIs, or packages when casting my vote. Moreover, the guidelines provided by the Optimism Foundation may result in significant changes to the criteria outlined above.

MinimalGravitas · March 8, 2023, 9:16am

I strongly agree with this, just from the impact perspective it seems obvious that sending $X to a project that has only received a few $ thousand from Gitcoin or whatever will make much more difference than sending that same $X to a project which has raised $ millions in a VC seed round!

Could you expand a bit more on what you mean by:

Could be considered as a public good in the past but not anymore

I’m not sure I understand what kind of thing would fit that category?

Vegayp · March 8, 2023, 10:02am

Thanks for the insight.

Can I ask, why an early stage project wouldn’t be consider a public good?

OPUser · March 8, 2023, 10:09am

I am still in the process of gathering information, but one example I have come across is Uni. While Uni v2 was a public good, its successor, Uni v3, is not. Once you lauch a token, you are in “in-profit” market.

Tally Ho, a wallet I love and use, might be another example. They are depended on grants, gitcoin and similar, but with their upcoming token lauch I am not sure anymore.

One arugemnt I hear - they are still open source, anyone could fork and build upon them and their impact is visible.

Totally valid point however, one could argue that they have already reaped the benefits of their impact through VC funding and token sales. Supporting a team or project that is dependent solely on grants, like you have mentioned, may be a more prudent choice.

There are few gray area and still seeking feedback from collective.

OPUser · March 8, 2023, 10:16am

Hey @Vegayp, I was referring to their impact.

RPGF motto is impact = profit. It’s a retroactive grant, which means we should focus on projects/teams that have already made a positive impact through their contributions. Early stage would be part of next round.

OPUser · March 19, 2023, 5:29pm

Providing a draft of project I am gonna vote in on-going RPGF round.

Rational for Education -

Knowledge content created by them is easily available and add value
Content and area of work is aligned towards Optimism and/or Ethereum
Will there be any impact on Optimism/ethereum if they suddenly disappear
In this category, I am also looking from the social and cultural side

For infra :-

OP Native *
If they are gone, there impact will be clearly visible on Optimism = impact
Not directly OP native but highly aligned with Ethereum
Is this project adding value and should be supported

goal is be inclusive here so chain should not matter which is the case in education domain but under infra I am giving preference to Optimism project - Optimism related infra - Ethereum - public good - common good in long term

Note - many project under infra are receiving grant from Protocol Guild(they are also nominated ) and are also part of EIP-4884 collection. Will account this in calculation when casting vote as to not give 3X grant to the same team.

Once list is final, will post it on the rpgf dedicated thread.

Mark.eth_De.Fi · March 19, 2023, 7:38pm

Great huge thread that definitely has a lot of information to learn

Definitely handy to keep track of all the previous important milestones, thank you for your work, friend

TheDoctor · March 19, 2023, 10:40pm

Thanks for the update and the good work. I find it a pretty fair approach.
Cheers!

cryptoAYA · March 20, 2023, 2:04am

Now post by the way.

You are pointing to good reasons. Actually I as someone who just joined the Optimism Collective, expected to see more interactions on discord, and of course on the Twitter rolling around the Optimism Collective. I have found the idea and the Vision very profound and thorough. I will check the proposals that you posted here, hope in near future, I get the chance to vote. Have fun

OPUser · March 31, 2023, 9:33am

Voted in favor of both proposal.

Bedrock upgrade was discussed quite in depth and happy to support it. Looking forward to what next for Optimism collective and added value Bedrock upgrade will bring.

Fractal has done quite a lot of work and I know their project from Galand NFT, their first mint. But doxing is a no go, we should respect everyone’s privacy. Supporting their suspension, I do hope he will stick around and come back stronger once the ban is lifted.

OPUser · April 18, 2023, 1:32pm

There are lot to digest for upcoming season 4, I will try to put a short summary of what coming up next (refer here for everything around season 4)

Season 4 will work towards collective goal or intent. Collective Intents

Intent - you/ the Foundation set goal/mission and propose a budget, once the said goal is achieved, reward will be distributed.

initial/most mission would be set by the Foundation and budget would be approved by token house.

Council lead(s) are expected to put forward the budget proposal. Token House Missions
Mission - a time boxed event,well defined, start-to-finish, tightly scoped goal to achieve one of the intents.

Two type -

proposed - own budget -approved by token house- fund will come gov fund
Foundation mission - defined by the Foundation - fund will come from Foundation Fund. Existing Foundation mission could be found here - Foundation Missions (RFPs) · GitHub

Anyone, individual, group or an organization, refer as an Alliances, can propose and execute a mission(proposed or accept Foundation Mission. More on Alliances Season 4 Alliance Guide

Funds are determined by trust tier. -Not summarizing it as the complete article is a must read, its a step towards Optimism Attestation station. Collective Trust Tiers

changes suggested above are amalgation and improvement from already existing dao such as ENS, Gitcoin and as a curtsey, foundation will nomicate them in next RPGF round.

Delegate retroactive reward for their contribution can be found here. Retroactive Delegate Rewards: Season 3 - #2

OPUser · May 3, 2023, 10:46pm

My One Year in this collective movement!!!

What a journey, learned a lot, tried my best to contribute with my time and limited knowledge, we had some up and down but I remain bullish and looking forward to new challenges.

A successful first iteration of RPGF, Base building on top of Optimism and client diversity by a16z and Karl taking role of CEO, good vibes all around.

During second season of gov, I, along with other delegate and community member, were asking for on-chain report on usage and impact of fund distributed to projects. Goal was to understand the loose end, look at short coming, learn from them and apply those learning in upcoming season. Stopped following up on my Goverance Fund Accountability - An overview thread because of lack of Dune knowledge and support from project.

But we have support from OPLab team and they published there detailed report on monthly basis, Apr 2023 - Governance Call OP Rewards Analytics Update , Mar 2023 - Governance Call OP Rewards Analytics Update I encourage everyone to read them. Liquidity mining impact was short lived, as anticipated by other delegate, even for project with multiple grant approved by the collective. For example, Pooltogether[1]has a clear decline in tvl [defillama] even with multiple grant approved and same goes with most, if not all, protocols. Seems we are burning oil just to keep the fire alive. I was in favor of PT second proposal because the ask was relatively low and their impact from first grant to visible and seemed sustainable, at least at that time, which is not the case. In retrospective, there are much to learn here -

we should not approve multiple proposal from same project, might be an exception when second proposal is completely different from the first one
there must be some gap between first and second, few weeks at least

There has been lot of proposal so far, some were successful, for others we need to wait for couple more months while rest were not fully disaster as we learned something from them. Going forward, my request from collective would be to pull back a little from granting funds to existing project and rather focus on new project bringing new ideas and innovation, we have some good, positive hype going on because of RPGF and we should use it to foster and incubate new innovative protocol, invite developer from different region, fund and support them.

Two of my personal favorites domain which need more support and encouragement are privacy and gaming. Privacy is one major pillar of blockchain, even EY is building a private chain, and i wish to see more project building around it, natively on Optimism. Firn[2] could not make it to final list of grant recipient, and with aztech moving towards their own chain, I hope they will come back stronger in next round. Look around, Polygon is building with Immutable, Starknet is collaborating with unstoppable games, Nike is bullish on Metaverse and list goes on, onchain gaming and metaverse has huge potential, an unexplored domain full of challenges, uncertainty and opportunities.

1- Mention of pooltogether should not be treated a targeted comment on them or any other project.
2- I invited Firn to submit their proposal and was helping them with gov related queries, I dont have any connection with them. Just personally motivated to support privacy protocol.

OPUser · May 25, 2023, 10:30pm

final-inflation-adjustment-proposal - in favor
treasury-appropriation-proposal-foundation - Against

For both proposal, I agree with discussion and echo Polynya comment.

Grant Council
Choose to abstain - From season 1, I was encouraging and asking for accountability of fund, from OP Foundation and also from individual grant recipient, now that we have support from OP Lab, lack of support and discussion on fund accountability from grant council is disappointing.
How to Contribute: OP Rewards Analytics
We have delegate in grant council with online presence reaching wide and far, I am not suggesting we police the grant recipient, least we can do is it to put some social pressure.

For @Oxytocin , its their first nomination so choose to vote in favor of them.

On topic of accountability, I would like encourage other delegates to provide reasoning for their vote. For small and new delegate like myself, we look up to you, we expect that you have knowledge and wisdom to properly evaluate and judge critical proposals, lead us and this collective with good example. Just casting vote in silence put us in shadow give a bad outlook.

Looking forward towards next iteration of our evolving DAO.