Here are our votes for the current cycle:
Interest Protocol - Yes
Socket - No
OptiChads - Yes
Kromatika - No (Don’t expect positive outcome of distribution of funds)
Revert Compounder - Yes
Bankless Academy - Yes
Across Protocol - Yes
Tarot - No
Otterspace - No
dHedge - Yes
This voting cycle was a bit chaotic with the new governance process, committees and delegate approvals. Nonetheless, we mostly followed the recommendations of the governance committees and see that their engagement with proposers during REVIEW ahead of voting improves final proposals.
We voted NO on the Kromatika proposal as we don’t see a strong positive impact on trade performance yet (DEX aggregation) and still doubt that the adjusted token distribution w/ lots of small-scale strategies have a lasting positive outcome: gas refund, marketing, referral marketing, airdrop, LM…
We just saw that Socket would accept a 60% Op cut if they succeed this round which would make it a great proposal to proceed. We hope they follow through. As we cannot be certain and don’t want to set a precedent for changing proposals during voting (tough to assess), we still voted “no” this time.
This round, we saw a couple of projects share multiple proposals to get the ball rolling and for follow-up grants. When submitted in one go, this makes it harder to go through for delegates & committees but we generally appreciate the move towards milestone payments. Hence, it would be best for projects to share one proposal, describe launch, goal, KPIs, finish date…follow-up proposal & submit that one later.
We voted with our new Delegate Address: Superdelegate.eth. Pls redelegate from ScaleWeb3.eth!