Season 9 Community Call Questions

The Foundation will be hosting a community call with leadership from the Optimism Foundation on Tuesday, January 20th at 6:30pm GMT to discuss Season 9 and answer any remaining questions.

Please note - this call will not be recorded, and live questions won’t be answered. Only pre-submitted questions from delegates or citizens will be answered. You may submit questions below as comments in this thread.

The deadline for questions about Season 9 is January 19th at 19:00 GMT. Thank you all!

8 Likes

Where should delegates and citizens submit questions ahead of the call?

1 Like

In this thread, just updated post to make that clear.

2 Likes

Hi there;

I leave two questions that I hope can be answered, or at least serve as inspiration for better ones.

  • If someone wants to stay actively involved, should they be aiming to join the Foundation or OP Labs, or are there other legitimate paths to participate meaningfully and have impact?

  • As more discretion over capital allocation and execution concentrates in OP Labs and the Foundation, what concrete mechanisms prevent this from becoming a long-term single point of failure?

4 Likes
  1. Arbitrum and Polygon have both been experimenting with various secondary sources of revenue with mixed results. Is Optimism planning any additional revenue sources or focused on maximizing sequencer income? Optimism revenues have been roughly flat (although volatile) over recent years and 12% of all crypto transactions is only bringing in ~$1m per month.

  2. Would Foundation be open to adding a binding legal commitment to make the token buyback permanent, given it makes limited financial sense at this time and is being pursued as a means of signaling “alignment”? It’s difficult to understand the alignment case if the announced buyback proposal isn’t binding somehow.

  3. On the topic of buybacks, how does Foundation defend its proposal to use OTC providers rather than buying back its own token on its own chain in its own DeFi ecosystem? For perspective, 50% of revenue would be around $500k per month, which seems easy to execute onchain through Velodrome and Uniswap over a month-long TWAP.

  4. Given the ongoing delays in delivering interoperability, what ways can Optimism provide value to existing Superchain members to ensure they continue to remit 15% revenue share back to Optimism governance? In particular, what are we doing to provide value to Base and keep it in the Superchain set over the long run, since Base’s contribution is regularly 70-80% of monthly revenue over the last year?

  5. We think the Superchain Health Dashboard and stats.optimism.io are wonderful resources, and help Optimism maintain a best-in-class level of transparency for those doing detailed diligence. However, we think it would be better to go further and publish financial statements at least bi-annually, since there is not an easy way to quote more summarized statistics like earnings-per-OP or easily sum up the book value of governance-owned assets. Would Foundation be willing to begin adding standardized financial statements to its transparency reports or as standalone publications?

6 Likes