Protocol Delegation Self-Nominations

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.

22 Likes
  • Protocol name: 2Pi Network
  • Name of protocol representative(s) that will serve as delegate(s): 0xmauri.eth
  • Link to delegate commitment : (if your protocol doesn’t currently have one, you will need to create one) Delegate Commitments - #161 by 0xMauri
  • Is your protocol OP Native?: No
  • Was your protocol active in Optimism governance prior to 12/5/22?: No
  • 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?: This program will help us drive further adoption of our protocol by the Fintech users. It will also increase the level of brand awareness that the type of integrations that we look for will value. This will benefit Optimism as well as our protocol.
  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?: It drives value interoperating with other protocols within the Optimism ecosystem, such as Curve, Velodrome, plus other protocols in the future. It generates revenues for Optimism as well as the other protocols we interoperate with. It brings brand new web3 users to the ecosystems since we operate as a DeFi yield aggregator backend for Fintech, and new products coming soon.
  • Do you agree to abide by the delegate code of conduct: Yes
  • Please list any anticipated conflicts of interest: None
    [/quote]
4 Likes
  • Protocol name: Atlantis World

  • Name of protocol representative(s) that will serve as delegate(s): Rev Miller, CJ Hetherington

  • Link to delegate commitment 9: Delegate Commitments - #162 by revmiller

  • Is your protocol OP Native?: No
    We’re an Ethereum first community movement, aiming to onboard a diverse spectrum of users from around the globe into the wider ecosystem- providing the values that are enshrined by the Optimism Collective thrive.

  • Was your protocol active in Optimism governance prior to 12/5/22?:
    We’ve recently became much more active in Optimism governance by joining weekly delegates calls and trying to provide as much value as we can to the overall process. We’re excited by the experiments that are ongoing, and want to contribute to them more concretely. In the past, we haven’t been focused that much on governance, rather providing value to community via collaborating with OP Labs, launching OP City and educational Optimism onboarding quests inside of Atlantis World, including on tight hackathon style deadlines. Nevertheless, we understand the power of community first values and governance first hand, believe in them wholeheartedly, and wish to contribute more to the governance vertical within Optimism ecosystem more & more from this point on, and indeed before! Engaging and enacting the wishes of the community, as well as contributing to building a strong & trust-minimized system to enable that, is very important to us as one of the many moving parts within the Optimism Collective.

  • Why do you want to participate in this program?: We love Optimism - be it values, tech, community, ecosystem, and the commitment to public goods. We’re committed to take active part in the future of Optimism.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?: We live to make it count, to make social impact that lasts. It’s up to community to decide wether or not we’ve been or would be good stewards of Optimism.

Actions speak louder than words. In the past, we’ve launched public good initiatives such as:

3 Likes

Protocol name: ParaSwap

Name of protocol representative(s) that will serve as delegate(s): Oxytocin

Link to delegate commitment : Delegate Commitments - #163 by Oxytocin

Is your protocol OP Native?: No, ParaSwap is Multichain protocol.

Was your protocol active in Optimism governance prior to 12/5/22?: Our protocol applied for Phase 1 funding , but due to a focus for our complete revamp of the protocol tokenomics, we could not be clear on how we could be further involved until recently.

If so, please link to voting history (ie. Snapshot profile, delegate communication thread, twitter threads, etc.): The links above currently summarise the protocol’s current link to Optimism Goverance.

Why do you want to participate in this program?:

From a personal point of view, this initiative allows me to be able to represent the DAO that I currently spend most of my time on while at the same time contributing the growth of Optimism. After getting involved with the ParaSwap DAO already for a little over a year now, I believe I have acquired some knowledge from my niche of DeFi DAO Governance that could contribute the growth of the Optimism Ecosystem.

For the protocol I am representing, Optimism is the most recent network that we have recently expanded to, and would like to get ourselves more closely aligned in. After our Phase I grant got approved, the DAO underwent months of research to completely alter our tokenomics and emissions policy, resulting in the creation of the PSP 2.0 proposal. Now, the DAO is voting on not only deploying PSP to Optimism to utilise the Grant, but also assist the development of the Optimism ecosystem through development grants, such as the development of dApps on the Optimism ecosystem, or research into the Social Escrow system, which in my opinion aligns well with the Optimistic Vision, as I will explain in the next section.

Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

ParaSwap is a middleware and aggregator. Thus, it is essential for us to maintain good communication with all of the protocols that we connect to, as well as the ones that decide to integrate us for their aggregation options. This places ParaSwap in a position where not only do we wish to acquaint ourselves with all major DeFi protocols of the space, but also where the success of these protocols and the Optimism system in general also directly benefits the protocol, leading to a positive sum situation where the protocol is incentivised to ensure the sustainable growth of the Optimism ecosystem.

However, I think that our greatest alignment with the optimism ecosystem extends further than just being an aggregator, and more also into the core principles that are more unique to ParaSwap. In a similar vein to Optimism, ParaSwap has built itself with the long-term vision of being a public good middleware which facilitates access to the web3 space.

We believe that ParaSwap not only serves as a public good which assists with the access to the decentralised world, but also helps maintain things decentralised. A good example of this is liquidity pools, where rather than having to concentrate all capital into a recognisable pool, ParaSwap allows pools to be decentralised and be able to compete with each other to provide the best final rates for the users, using whichever innovative approach they decide.

One major example of our commitment to become a socially-aligned public goodcan be seen in the recently passed PSP 2.0 proposal from our DAO. In it, we not only decide to allocate 80% of accrued fees to our staked users, but we also experiment with the introduction of a new system in the DeFi space of Social Escrow. The idea of social escrow is to allocate the fees to users that contribute the most positive externalities to the protocol.

Do you agree to abide by the delegate code of conduct: Yes

Please list any anticipated conflicts of interest: Other than my current affiliations for the protocol I am representing on the behalf of, I cannot think of any.

3 Likes
  • Protocol name: Revert

  • Name of protocol representative(s) that will serve as delegate(s): mariorz

  • Link to delegate commitment : Delegate Commitments - #166 by mariorz

  • Is your protocol OP Native?: No

  • Was your protocol active in Optimism governance prior to 12/5/22?: We have participated by soliciting and receiving a grant. [READY] [GF: Phase 1] Revert Finance Compoundor

  • Why do you want to participate in this program?: We want to have a more active role in governance. We are inspired by the Optimistic Vision and want to help in this iterative search for new models of human collaboration and coordination.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?: We believe permissionless, non-custodial and decentralized finance are one of the most exciting technical aspects of what is currently being built on Ethereum (and its L2s), and that AMM protocols are perhaps the most important pieces of infrastructure for all of it to be possible. Within AMMs we perhaps are naturally aligned with LPs which and look forward to contributing with our experience in this area.

  • Do you agree to abide by the delegate code of conduct: (Yes / No) Yes

  • Please list any anticipated conflicts of interest: Revert or competitors may apply for things like grants, in which case we should abstain from voting.

3 Likes
  • Protocol name: QiDao Protocol

  • Name of protocol representative(s) that will serve as delegate(s): Benjamin.lens

  • Link to delegate commitment: Delegate Commitments - #164 by Benjamin.lens

  • Is your protocol OP Native?: No, QiDao is a multi-chain protocol

  • Was your protocol active in Optimism governance prior to 12/5/22?: Yes

  • 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?

Our protocol devotes a significant percentage of its resources researching and developing on Optimism. As a result, much of the protocol sits on this chain. This creates a certain need to support Optimism and its future. Becoming a delegate will allow the QiDao team to contribute in new ways and connect us closer to the rest of the Optimism community. Additionally, the team maintains strong partnerships with most of the DeFi applications building on Optimism. This adds to the desire to contribute further to the chain.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?

Through continued product releases, partnerships, events, and community building, QiDao has shown its commitment to Optimism. Given the widespread integrations QiDao has in the space, it’s safe to say success at both projects is aligned.

Since launching on Optimism, the team has not stopped shipping products. LP collateral vaults, $OP lending, and QiDao V2 are the latest product offerings to hit QiDao Optimism. Others on the way include custom timelocks, and an upgraded liquidation engine. Integrations and partnerships include Balancer, Velodrome, KyberSwap, Curve, Beefy, Yearn, Liquidity, Lido, Angle, Chainlink, Galxe, and Reaper. We also participate in key community groups affiliated with Optimism, like Defilatam.

  • Do you agree to abide by the delegate code of conduct: Yes

  • Please list any anticipated conflicts of interest: No material conflicts of interest. QiDao maintains very close and healthy relationships with all its key competitors.

5 Likes
  • 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?:

    • No. We are Ethereum native and looking to scale Ethereum through Optimism.
  • 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?:

    • Optimism is a key component of KyberSwap’s plans for 2023 and beyond. Our team believes that we can create the most impact if we are closely aligned with and part of the Optimism collective and community.
    • We also believe Optimism is going to be at the heart of many unprecedented DeFi innovations that would bring a positive impact to the space and we want to help support this development as a delegate.
    • Personally, as part of the team leading KyberSwap’s initiatives related to our own DAO governance and tokenomics, I am interested in being part of how the Optimism collective coordinates public goods for the benefit of all ecosystem participants.
  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

    1. KyberSwap will bring more users, developers, and Dapps to Optimism

    • KyberSwap is an OG DEX protocol and aggregator with a good reputation since 2017. As one of the earliest DeFi protocols ever created, we also have many Dapp integrations and a wide partner network in Southeast Asia (SEA). As such, we have the ability to steer a myriad of users and developers towards Optimism. For example, we are already working with popular projects such as QiDAO and Lido Finance to boost liquidity and user adoption on Optimism.
    • KyberSwap is planning to invest substantial manpower, KNC resources, and media budget on Optimism activities as we strongly believe in its vision and potential.

    2. Deeper liquidity for Optimism: Swap with the best slippage and rates

    • As a DEX aggregator, KyberSwap users always enjoy the best rates, and this indirectly brings volume and fees to other DEXes we integrate on Optimism e.g. Velodrome, Curve, BeethovenX, Synapse, Zipswap, Uniswap, and Synthetix.
    • Developers can integrate KyberSwap’s aggregator API to enable the best rates for their own Dapp users on Optimism. E.g. KyberSwap was integrated by DEXTools and DeFiLlama.
    • Moreover, KyberSwap concentrated liquidity pools enable high capital efficiency for LPs; similar to the Uni v3 tick-based AMM but with additional advantages of compounded fees for LPs in a full price range pool and anti-sniping/JIT that protects earnings.
    • KyberSwap liquidity pools are often within the top 3 highest volume contributors on Optimism without OP grants so far and with much less TVL compared to other DEXes on Optimism.

    3. Investments in the Optimism Ecosystem and Community, especially in SEA

    • KyberSwap has a strong community and partner network in the SEA region. Pre-Covid, Kyber ran the largest monthly Ethereum meet-up events in Vietnam and is an active member of the Ethereum community in Singapore. We are long-time members of DeFi Alliance DAO and Asia DeFi Network. We have the experience to invest in and grow the Optimism community at the local grassroots level, especially in SEA.
    • KyberSwap’s past involvement in Ethereum and DeFi hackathons and bounties have resulted in the launch of popular DeFi projects such as InstaDapp, 1inch, and ZapperFi.
    • Kyber Ventures actively invests in DeFi/GameFi Dapps and builders and this would apply to Optimism-based projects too. This would help to grow Optimism’s Dapp ecosystem, which would in turn result in a rise in users, volume, and liquidity.

    4. Aligned with the Optimistic vision

    • KyberSwap’s vision to provide a liquidity hub for the decentralized economy complements Optimism’s vision to create the future of coordinated, collaborative cyberspace.
    • KyberSwap’s DEX aggregator and API is a public good for any trader and Dapp to swap and access any token for their decentralized, on-chain liquidity needs. At the same time, KyberSwap enables any liquidity provider to create liquidity pools on Optimism and directly earn from their positive contribution to the ecosystem.
    • Our team has deep experience with coordinating large scale DeFi projects as evident from KyberSwap’s initiation and launch of Wrapped Bitcoin (WBTC) and WBTC DAO with the support of a wide network of DeFi partners. As the first ERC-20 token backed 1:1 with Bitcoin, WBTC brought Bitcoin liquidity to DeFi and is the most popular wrapped version of Bitcoin in the world today.
    • In 2021, for the benefit of builders in the DeFi space, KyberSwap has also published public research on rollup solutions.
    • We intend to use our expertise and partner relationships to bring a similarly positive impact to the Optimism ecosystem.
  • Do you agree to abide by the delegate code of conduct: (Yes / No)

    • Yes
  • Please list any anticipated conflicts of interest:

    • None apart from our affiliation with KyberSwap.
1 Like

As one of the first projects to launch on Optimism as an Optimism native, Thales believes in Optimism vision and we are confident that the evolving governance structure of the network is the key to its long term success. With Thales participating in the Protocol Delegation initiative, we wish to do our part in helping the Optimism Vision with our growth and governance experience inherited from as far back as the early days of Synthetix, the pioneer of delegate governance structure.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

Thales protocol is Optimism native protocol born out of the Synthetix ecosystem. With aligned interest in the success of the Optimism network itself, the symbiosis is strong and our experience can be put to good use in stewarding towards the optimal governance structure and the growth of the network. As early adopters of delegate governance structure and early participants in Synthetix governance structure, we find us to be a good fit for this initiative.

  • Do you agree to abide by the delegate code of conduct: (Yes / No)

Yes

  • Please list any anticipated conflicts of interest: None
2 Likes
  • Protocol name: BeethovenX & Balancer
  • Name of protocol representative(s) that will serve as delegate(s): solarcurve
  • Link to delegate commitment : Delegate Commitments - #44 by solarcurve
  • Is your protocol OP Native?: No
  • Was your protocol active in Optimism governance prior to 12/5/22?: I’ve voted on 100% of votes in my capacity as a delegate but the protocol has not been active in governance beyond that.
    • If so, please link to voting history (ie. Snapshot profile, delegate communication thread, twitter threads, etc.): My snapshot profile
  • Why do you want to participate in this program?:

We’re very bullish on the future of Optimism, we’re here to stay, and we wish to play an important role in growing the network over the long run. I’ve been active as a delegate since the first phase 0 governance fund proposals were posted on the forum. Combined with the experience and talent at BeethovenX & Balancer we bring a wealth of DeFi expertise across the entire stack from governance to product to marketing. We believe we’ll bring a valuable perspective to the Optimism collective (and our track record so far strongly supports this).

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

From the very beginning when we first decided to come to Optimism our focus has been on long term sustainability. Our grant was one of the earliest approved yet we’ve only spent ~70k OP out of the 500k. Still, we’re currently #9 in TVL, regularly do ~$1.5-2M vol per day, and have earned ~$20k in protocol fees per month on average in a challenging, low activity market.

We’ve delivered cutting edge DeFi tech like boosted pools to Optimism. We’ve returned protocol fees earned as Optimism back as incentives for Optimism LP’s. Our grant is certainly in the top echelon in terms of benefit to the network for the OP spent. This is the mindset we want to bring to the Optimism collective - responsible, sustainable growth that makes Optimism the dominant Ethereum L2 and delivering the world’s most advanced DeFi technology in a way that’s easy to use and understand.

  • Do you agree to abide by the delegate code of conduct: Yes
  • Please list any anticipated conflicts of interest: None
6 Likes
  • Protocol name: Connext

  • Name of protocol representative(s) that will serve as delegate(s): maxlomu

  • Link to delegate commitment 11: Delegate Commitments - #169 by maxlomu

  • Is your protocol OP Native?: No Connext, is a crosschain protocol, and deployed or most recent version on Optimism in Nov 2021:

  • Was your protocol active in Optimism governance prior to 12/5/22?: No

  • Why do you want to participate in this program?:
    We are excited about Optimism’s impact-driven mission, and we want to make sure our tools and resources can best foster the ecosystem.
    We are keen to keep communications flowing between the Collective and the future ConnextDAO, as our organizations are strongly aligned on the long term vision and the technical side.
    I personally would like to learn from a DAO that is at the forefront of distributed governance, how the constitution and the processes will evolve, and contribute with my experience and skills.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?
    Our Values are strongly aligned: a trust-minimized and scalable Ethereum, positive sum games, optimism about impactful public goods https://twitter.com/ConnextNetwork/status/1487090049611182082

    Our teams have been collaborating since 2017 (Connext was the first bridge to trustlessly connect Optimism and Arbitrum) and we’d love to continue this cooperation also at the level of the DAO.
    On the technical side, Connext new modular architecture uses the Optimism bridge as the underlying communication layer when moving data in and out of Optimism. This ensures that we don’t add new trust assumptions on top of the L2 and strictly tides our success to Optimism’s.

  • Do you agree to abide by the delegate code of conduct: Yes

  • Please list any anticipated conflicts of interest: none. Our first interest is the success of a trustless and impactful web3, and we transparently share trade-offs about trust minimization in our architecture and alternative solutions.

3 Likes

Protocol name: Velodrome

Name of protocol representative(s) that will serve as delegate(s): alexcutler.eth, tao, nickbtts

Link to delegate commitment 16: (if your protocol doesn’t currently have one, you will need to create one) https://gov.optimism.io/t/delegate-commitments/235/165

Is your protocol OP Native?: Yes

Was your protocol active in Optimism governance prior to 12/5/22?: alexcutler.was

  • 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?:

We are Optimism’s preeminent native decentralized exchange and have been working since day one to use every lever available to us to help guide Optimism to success. The nature of our work gives us a perspective on building on Optimism that few teams or individuals can match, and being delegates will enable us to channel this insight toward policies that we believe will enable Optimism to meet its objectives.

Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

The core principles underlying the Vision are foundational to our protocol.

Velodrome is a public good: we raised no money, gave virtually all of our votepower away to ecosystem protocols, OP Labs, prospective users, and Optimism airdroppees, and are laying out initiative after initiative intended to broaden stakeholdership of our protocol and of Optimism more generally. We structured Velodrome to allow anyone seeking to build to bootstrap funding without appealing directly to private capital and for veVELO lockers to benefit from economic activity in the ecosystem.

Why did we do this? We believe that the promise of decentralized finance is not to enrich the few but to freely provide accessible technology facilitating economic activity: a financial Internet, in effect. Optimism is in our view the first true broad-based attempt to make this a reality, and we believe it’s our job to help shepherd this project in its early but critical days.

  • Do you agree to abide by the delegate code of conduct: Yes
  • Please list any anticipated conflicts of interest: Being a decentralized exchange, we interact closely with virtually all protocols on Optimism. Projects looking to draw liquidity or activity for various reasons may want subsidization of their activities on Velodrome. Recusing from all votes that may involve us or other dexes would see us participating in almost no votes. However, the added short-term gains we may realize from any single proposal is heavily outweighed by the importance of ensuring Optimism’s success, and so we are committed to voting in ways that benefit Optimism rather than benefit our protocol, if the two aren’t in alignment.
2 Likes

Protocol name: Polynomial Protocol

Name of protocol representative(s) that will serve as delegate(s): Salman Naseer | Twitter : 0xSalmanNaseer

Link to delegate commitment : Delegate Commitment - #171 - Salman

Is your protocol OP Native?: Yes

Was your protocol active in Optimism governance prior to 12/5/22?:

Yes, Polynomial has participated and proposed prior to 12/5/22

Why do you want to participate in this program?:

As an Optimism Native Protocol, our goals are aligned with Optimism to bring users onto the chain en-masse. We believe in the Optimistic Vision and that the builders need to be rewarded for their impact. Being part of the Optimism Protocol Delegate program would allow us to realise that on a bigger scale and better coordinate with all the protocols on Optimism as a whole.

Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

Collaboration has been in our DNA since day 1; on the product side, we’ve worked w/ Lyra, Socket, Kwenta & Synthetix extensively.

We’ve also had headways reaching out to the broader derivative space as a whole (ref. Proposal:- Frens Of Polynomial allocation) or even when it comes to community efforts in the form of Optimism Quests.

Do you agree to abide by the delegate code of conduct: Yes

Please list any anticipated conflicts of interest: No material conflicts of interest.

1 Like

a recent show of how QiDao continues to innovate on Optimism - we just did the first test transaction on Chainlink’s crosschain messaging (CCIP) to Optimism’s testnet! https://twitter.com/QiDaoProtocol/status/1612158481477378048?s=20&t=KxdV6cWzh-eiD5EoH8fKqg

1 Like
  • Protocol name: Kwenta

  • Name of protocol representative(s) that will serve as delegate(s): Kevin :crossed_swords:#6969, Andrew | Kwenta (10x)#3709, :rainbow: Burt Rock | Kwenta â–Ł#7445, tee_bee#4949, platschi#6302, JVK#6935

  • Link to delegate commitment 12: Delegate Commitments - #173 by Kevin-IzzRite

  • Is your protocol OP Native?: YES

  • 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.): Indirectly through community member participation.
  • Why do you want to participate in this program?

Although we feel many protocols native to Optimism are amongst some of the highest quality in the Ethereum ecosystem, Kwenta’s stature as a legitimate protocol dedicated to decentralization and the principles of DeFi remain crucial to ensuring the ethos of the ecosystem remains true to decentralization.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

As native users of protocol and veterans of the ecosystem, we have every incentive and all the necessary context to make thoughtful decisions that drive Optimism towards success.

  • Do you agree to abide by the delegate code of conduct: Yes
  • Please list any anticipated conflicts of interest: None
4 Likes
  • Protocol name: Lyra

  • Name of protocol representative(s) that will serve as delegate(s): Ksett

  • Link to [delegate commitment 11]: (if your protocol doesn’t currently have one, you will need to create one) Delegate Commitments - #174 by ksett

  • Is your protocol OP Native?: Yes

  • Was your protocol active in Optimism governance prior to 12/5/22?: Yes, Lyra participated in Phase 0 Governance Fund [GF: Phase 0 Proposal] Lyra Finance

  • https://twitter.com/0xmjs/status/1521605081250299904

  • Why do you want to participate in this program?: We believe that on-chain governance is an iterative process and that Optimism is a thought leader in the space. As an early integrator on Optimism, Lyra is uniquely positioned to help govern, support and advance the Optimistic Vision and Optimism Community. Lyra aims to be at the forefront of on-chain governance and contributing to Optimism’s governance will help create and maintain an environment that supports a vibrant defi community.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?: We believe that furthering Optimism’s success and vision can have a massive impact on scaling and adoption of defi. As an Optimism native protocol, we have been working since day one to onboard and educate end users and integrators on Optimism. Lyra has created a highly composable Defi primitive with numerous integration partners, protocols, and public goods within the Optimism ecosystem. We believe that furthering Optimism’s success will create even greater opportunities for Lyra as well as our many partners within Optimism.

  • Do you agree to abide by the delegate code of conduct: (Yes / No) Yes

  • Please list any anticipated conflicts of interest: None

4 Likes
  • Protocol name: ENS
  • Name of protocol representative(s) that will serve as delegate(s): Makoto Inoue
  • Link to delegate commitment 16: Delegate Commitments - #175 by matoken.eth
  • Is your protocol OP Native?: No, We are mainly on Ethereum L1 and planning to integrate with Multi chain
  • Was your protocol active in Optimism governance prior to 12/5/22?:
    • No
  • Why do you want to participate in this program?:
    • ENS shares a similar vision with Optimism in terms of promoting open source software and public goods. We are working closely with the Optimism team on an ENS integration on Optimism. We would like to extend our relationship to participating in Optimism governance.
  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?:
    • My experience building ENS, which is a public good, along with being a member of the ENS Labs team which launched the ENS DAO have given me experience which I hope will add value to Optimism governance and projects building in the Optimism ecosystem.
  • Do you agree to abide by the delegate code of conduct: Yes
  • Please list any anticipated conflicts of interest: I work with different L2 chains for ENS multi chain integration and I would maintain equally close relationships with other chains. If I have to deal with proposals that would cause conflicting impact on competing chains of Optimism, I may choose to abstain to maintain a neutral position.
6 Likes

No, We are deployed on multiple chains but Optimism has had the most traction and growth focus.

  • Was your protocol active in Optimism governance prior to 12/5/22?:

Received OP grant as part of phase 1.

  • 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?:

dHEDGE have allocated a significant portion of our resources to researching and developing on Optimism, which has contributed to the growth of our protocol. As a result, we have a vested interest in supporting Optimism and its future. Becoming a delegate would allow us to make new contributions and strengthen our connection to the Optimism community. Additionally, as dHEDGE integrates with many Optimism-based applications, this presents opportunities for partnership and ecosystem growth.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

dHEDGE is committed to the long-term health and success of the Optimism ecosystem and is able to contribute resources and expertise towards its growth and development. This can be evidenced by the many product releases and integrations with apps on Optimism. So far the following protocols are integrated: Uniswap V3, 1inch, AAVE V3, Arrakis, Kwenta futures, Velodrome, Lyra, Toros. More integrations are planned for 2023.

On top of these integrations Toros Finance has built a number of Vaults on Optimism by utilising the dHEDGE contracts. For example, the Synthetix Debt Hedge was created and designed in partnership with Synthetix as a service to their users on Optimism.

  • Do you agree to abide by the delegate code of conduct: Yes
  • Please list any anticipated conflicts of interest: None
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Code4rena is chain agnostic. We have secured a number of Optimism ecosystem projects like Velodrome, Pooltogether and Alchemix.

  • Was your protocol active in Optimism governance prior to 12/5/22?: No
    • If so, please link to voting history (ie. Snapshot profile, delegate communication thread, twitter threads, etc.): N/A
  • Why do you want to participate in this program?:

The future of the industry depends on scaling Ethereum and Optimism provides the necessary infrastructure for applications to create new products and public goods that can drive significant adoption to the space. We aim to play a significant role in the sustainable growth of the space by securing the Optimism ecosystem.

  • Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

Code4rena was built as an open and collaborative organization, pioneering an alternative model to the opaque traditional security auditing space. The C4 community consists of world-class security researchers and industry-leading projects who sponsor, judge, and compete to keep crypto applications secure while sharing their findings publicly. As stewards of the Optimism ecosystem, we would take a security-first approach to governance.

  • Do you agree to abide by the delegate code of conduct: Yes

Please list any anticipated conflicts of interest: We do not spot any conflicts of interest.

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Protocol name: Agora

Name of protocol representative(s) that will serve as delegate(s): cfeng.eth

Link to delegate commitment: Delegate Commitments - #179

Is your protocol OP Native?: No. Agora is deployed on Optimism, but also supports other DAOs on ETH mainnet.

Was your protocol active in Optimism governance prior to 12/5/22?: No
If so, please link to voting history (ie. Snapshot profile, delegate communication thread, twitter threads, etc.): N/A

Why do you want to participate in this program?:

We love the Optimistic Vision and its mission of building a new digital democratic governance system that balances public goods with the profitability of a great business. We believe that it is precisely this combination that will create an enduring and productive ecosystem.

As builders in this ecosystem with a deep interest in governance, we would love to continue supporting and contributing to Optimism to play our part in advancing Optimism’s mission. We see this program and being a protocol delegate as an extension to our commitment in helping reduce friction and improving the governance experience for builders and contributors.

We are committed to take an active part in the future of Optimism as a builder regardless of the outcome, however, we would love the opportunity to be a delegate to advocate for the current and future builders of Optimism.

Why do you believe your protocol would be a good steward of the Optimism ecosystem?:

As builders of Agora (Phase 1 Proposal), we’re active builders in governance with strong interest in improving the ecosystem experience. Our team is composed of deep technical and operating experience across both crypto and tradfi, and as such we have a unique set of experiences and perspectives when it comes to fostering a better ecosystem for builders and contributors.

We want to leverage our learnings and lessons working with other major protocols (e.g. ENS, Uniswap, Nouns) to help make Optimism governance a first-class experience for builders, delegates, and all players participating in the ecosystem.

Lastly, we view delegates as one of the core user groups of Agora. Active delegates are an important foundation to developing an ecosystem that is truly democratic, and we want to work with other delegates to develop Agora into a product that actively supports their goals and addresses their concerns.

Do you agree to abide by the delegate code of conduct: Yes

Please list any anticipated conflicts of interest: None.
However, to our commitment of building governance tooling as a neutral party, we plan to keep our voting power below 2% of the voting supply as to remain a neutral party.

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