Owning protocols that bring TVL to OP

We at Velodrome currently have an active proposal suggesting something to this extent: [DRAFT] [GF: META] Proposal to reserve a share of GF distribution for liquidity backstopping and stronger governance

In addition, OP Labs currently already has ~5% vote power over Velodrome. We think it’d be great for the Optimism Collective to have governance rights over other protocols to align decision-making and help coordinate core defi operations layerwide.

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