StableLab - Delegate Communication Thread

Season 2: Cycle 7: Yearn

Vote: Yes

Rationale: Following our recommendation in DeFi Committee A, we believe Yearn deserves the grant and will be able to help drive growth to the OP ecosystem.

Season 2: Cycle 7: Alchemix

Vote: No

Rationale: Following our recommendation in DeFi Committee A and would like to see the outlined changes made before resubmission.

Season 2: Cycle 7: Tarot

Vote: Yes

Rationale: Following our recommendation in DeFi Committee A, we are in favor of supporting Tarot’s request after the amendments.

Season 2: Cycle 7: Sushiswap

Vote: Yes

Rationale: Following our recommendation in DeFi Committee A, we are happy to support the updated proposal.

Season 2: Cycle 7: Abracadabra Money

Vote: No

Rationale: Large request amount with no live deployment on Optimism.

Season 2: Cycle 7: Overtime Markets

Vote: Yes

Rationale: Amount requested is suitable and due to the novelty of being a sports betting platform, they need this extra support to onboard users from web2 to web3. Fee rebates will hopefully make it easier to attract more users to the ecosystem.

Season 2: Cycle 7: Overnight.fi

Vote: Yes

Rationale: Stablecoins are a bit of tricky one, but since its supported by high-quality stable coins with a strong token distribution, we are happy to support it.

Season 2: Cycle 7: LI.FI

Vote: Yes

Rationale: Amount requested and distribution plan seem reasonable. They already have a strong amount of traction and this will help projects on OP.

Season 2: Cycle 7: Safe

Vote: Abstain

Rationale: We just became delegates in SafeDAO so I don’t think its fair to vote.

Season 2: Cycle 7: Karma (Discourse Form Plugin)

Vote: Abstain

Rationale: We helped Karma with the proposal so will be abstaining from this vote.

Season 2: Cycle 7: Karma (Delegate Dashboard)

Vote: Abstain

Rationale: We helped Karma with the proposal so will be abstaining from this vote.

Season 2: Cycle 7: Rainbow Wallet

Vote: No

Rationale: Token request is too large for one use-case. A lot of bridges have already been funded too so they will overlap a lot at this rate.

Season 2: Cycle 7: Otterspace

Vote: Yes

Rationale: After the amendments, 50k OP is a suitable amount and can have a large impact on the ecosystem.

Season 2: Cycle 7: Dope Wars

Vote: No

Rationale: Token request is way too high. Would prefer to see some form of adoption then introduce rewards.