Dear Optimism Collective and Community Members,
I’m reaching out on behalf of Decentragora to address our concerns regarding the recent L2DAO grant. As an active and loyal participant in governance, I want to bring this to the public forum.
Decentragora has decided to cut ties with L2DAO to uphold our transparency, ethics, and integrity values.
Our project received 20.7% of the tokens in OPIncubator Round 6 (LTIP). The grant (27,500 OP) was allocated to three participating L2 ecosystem projects, as detailed in this DAO proposal. However, in light of the recent allegations surrounding L2DAO, including possible misappropriation and embezzlement of funds, we no longer feel comfortable holding these tokens in our multisig.
Our mission at Decentragora is to help tend the infinite garden by building public goods and fostering a regenerative future. We want to distance ourselves from L2DAO and any actions that may cast a shadow on our collective values.
Consequently, we are considering returning the OP tokens to the Optimism Foundation and seeking guidance from the Optimism Collective on this matter.
As the co-founder of Decentragora, we must uphold our principles and maintain transparency with the community. We believe in the power of decentralized collaboration and want to ensure that our actions reflect our commitment to these ideals.
We want to declare, in public, that Decentragora has no involvement in any actions of misappropriation, embezzlement, or misconduct possibly carried out by L2DAO and its affiliates. We strongly condemn such actions and remain committed to maintaining the highest ethical standards in our work, fostering a transparent and regenerative community that supports the growth and sustainability of the blockchain ecosystem.
Please share your thoughts and opinions on how to proceed. We appreciate your input and support as we navigate this situation.
0xzenodotus, Co-founder of Decentragora