While the code of conduct stipulates that delegates may not vote on their own candidacy in elections, in the case of approval/ranked choice votes, delegates may vote for themselves, so long as they also cast votes for the remaining elected positions.
Example: I can vote for my own candidacy on the Growth Experiments committee, so long as I also cast 4 additional votes (a total of 5 votes, as there are 5 open positions on the sub-committee.)
The Protocol Delegation Program was approved in Special Voting Cycle #9b. This program will temporarily delegate a portion of idle OP from the Governance Fund to a group of value-aligned protocols.
15 protocols qualify to participate based on total gas fees generated on Optimism in Season 2. You can see the list of top protocols based on gas fees, excluding Quests here: Optimism Project Usage - Custom Period. Protocols that already have 2M OP delegated or that have previously misused OP grants are not eligible for this program. All qualifying protocols must opt-in to participate and will be contacted by the Foundation shortly with additional details. In the event that not all qualifying protocols opt-in, the next qualifying protocol(s) on the list will become eligible.
To incorporate other value-aligned protocols that do not meet the above criteria, protocols that are interested in becoming more active in Optimism governance but that do not qualify based on gas fees may self-nominate themselves for an additional spot in the program.
The Token House will vote to select up to 8 protocols from the list of valid self-nominations during Special Voting Cycle #9b (which will run from Jan 12th-Jan 18th.) Protocols that wish to self-nominate themselves should post their responses to the below template in this thread by January 11th at 19:00 GMT.
This vote will occur via approval voting on Snapshot. Voting is set up such that delegates can place a vote for any number of nominees. This is approval voting, not ranked choice, meaning each selected choice will receive equal voting power. Delegates may not vote for themselves or protocols with which they have a direct affiliation. The 8 nominees with the most votes will be eligible to participate in the program in Season 3.
- Protocol name:
- Name of protocol representative(s) that will serve as delegate(s):
- Link to delegate commitment: (if your protocol doesn’t currently have one, you will need to create one)
- Is your protocol OP Native?:
Was your protocol active in Optimism governance prior to 12/5/22?:
- If so, please link to voting history (ie. Snapshot profile, delegate communication thread, twitter threads, etc.):
- Why do you want to participate in this program?:
- Why do you believe your protocol would be a good steward of the Optimism ecosystem?:
- Do you agree to abide by the delegate code of conduct: (Yes / No)
- Please list any anticipated conflicts of interest:
Protocols may begin posting self-nominations in this thread. Please make sure you have read through the full Protocol Delegation Program proposal before nominating your protocol.