# Owning protocols that bring TVL to OP

**URL:** <https://gov.optimism.io/t/owning-protocols-that-bring-tvl-to-op/3231>\
**Category:** ✨ General\
**Created:** [August 5, 2022, 12:50pm UTC](https://gov.optimism.io/t/owning-protocols-that-bring-tvl-to-op/3231 "2022-08-05T12:50:24Z")\
**Posts on this page:** 1\
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**Author:** ![jackanorak](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/jackanorak/32/1633_2.png) [@jackanorak](https://gov.optimism.io/u/jackanorak)\
**Post date:** [August 5, 2022, 6:05pm UTC](https://gov.optimism.io/t/owning-protocols-that-bring-tvl-to-op/3231/2 "2022-08-05T18:05:48Z")

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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](https://gov.optimism.io/t/draft-gf-meta-proposal-to-reserve-a-share-of-gf-distribution-for-liquidity-backstopping-and-stronger-governance/2969)

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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_[View the full topic](https://gov.optimism.io/t/owning-protocols-that-bring-tvl-to-op/3231)._