👨🔬 Welcome to the Governance Lab - #001
Report #001 - ETH Denver, Uniswap Committee Election, Hop Ambassador Program
gm, welcome to the very first edition of 👨🔬 Governance Lab, a new weekly newsletter from the StableLab team! Here we’ll bring you the latest team updates, highlights, governance activity, research, and much more.
This week, the SL team:
→ Travels to ETH Denver 🏔️🦬
→ Runs for election at Uniswap Governance 👀
→ Helps Hop introduce an Ambassador Program 🔥
→ Votes on 19 Governance Proposals 🗳️
→ & more
Let’s go 🧪
Lab Activity 🔬
→ Team Highlights
🏔️ BUIDLING at ETH Denver
It’s that time of year again when web3 builders flock to the snow-covered Colorado Rocky Mountains for the annual ETH Denver event. If you’re at the event this week, find our favorite governance researcher Ann running around and make sure to say hi. 🤘
On Tuesday, Ann jumped on a panel @ DAOs at Denver to discuss the challenges and opportunities of the DAO delegation model. Thanks to Tally, Boardroom, and the rest of the teams for hosting.
💼 👀 Vote Doo for Uniswap Accountability Committee
Over at Uniswap Governance, the community is voting on a Temp Check Snapshot proposal to create an “Accountability Committee for Licensure and Deployments.” The new community body expands and formalizes the work done by the previous working group of the same name.
Over the course of Uniswap DAO’s history, it has struggled to consistently enforce the v3 licensing agreement also known as the “Business Source License”, which grants external parties the right to use and expand Uniswap into other ecosystems. If approved, a 5-person committee will serve for six months and be responsible for the evaluation, approval, and execution of governance proposals.
Among the group of nominees are Kydo, Rafael Solari, Kendra Leong, Jun Sun, Cam O’Donnell, and our own Doo Wan Nam. Special thanks to Other Internet & Uniswap Foundation for pushing through this initiative.
Voting ends on Friday, March 3rd → VOTE 🗳️
→ Our Proposals
🐇 Hop Protocol
[HIP-20] Community Multisig Operations for the Hop DAO
Summary: We introduced HIP 20 in order to outline a clear operational framework for the Hop DAO multisig, an important community mechanism to provide flexibility and efficiency.
Here, the proposal defines the nomination process, responsibilities, and compensation for Multisig signers.
Authors: Kene, Bobby, fourpoops
Status: ✅ Passed on Feb 25th
[HIP-21] Hop DAO Ambassador Program
Summary: In an effort to grow Hop’s opportunities and integrations, this proposal introduces an Ambassador Program — a community program responsible for representing Hop DAO’s interest across the wider ecosystem.
Our proposal outlines the nomination, duties, compensations, and accountability measures in place for the program. Three elected community members will serve a one-year term with the following responsibilities:
Finding Business Opportunities
Increasing Governance Power
Attending Community Calls
* Optimism will serve as the sole DAO in this pilot phase
Authors: Kene, Bobby, Max Andrew and francom
Status: 🗳️ Active Vote, voting ends on March 4th
Summary: Recent shifts in voting power at the 1inch DAO have prompted a need to consider raising the current quorum amount in order to ensure a resilient governance system is in place.
As such, we proposed raising the quorum, the amount needed for a proposal to pass, from 10M to 14M.
Authors: Bobby and Kene
Status: ⏸️ Paused, researching the effects on tokenomics.
RFC: Formalizing Multichain Deployment Process
Summary: An increase in proposal submissions looking to expand Euler into other ecosystems has prompted us to submit a formal governance framework and process to deploy the DeFi protocol into other chains.
Authors: Bobby and Matt
Status: 💬 Forum Discussion, awaiting forum polling result before moving it forward.
Summary: In the last month, Euler DAO has seen a spike in voting power. Our new RFC increases the quorum, once again, from 50K to 200K
Author: Bobby and Matt
Status: ⏸️ Paused, gauging level of participation for a month before revisiting.
→ Our Voting Activity
Quick Summary —
📆 Feb 24 - Mar 2 | 🗳️ Total Votes = 19
❲🎠 1inch: 1❳ ❲👻 Aave: 6 ❳ ❲🪨 Balancer: 10❳ ❲ Element Finance: 1❳ ❲🐇 Hop: 1❳
Lab Reports 📓
🆕 The Problem of Measuring DAO Maturity 🆕
In our latest blog post, we highlight a problem DAOs continue to face: the challenge of accurately measuring the state of decentralization within DAOs in order to protect users, operators, and investors alike. The Progressive Decentralization Playbook has served DAOs well on the difficult path to decentralization, but it’s presented us with a unique problem.
READ the full post to learn about the causes, consequences, and potential future solutions.
External Files 🗂️
Meme Cleanse 🍬
That’s it for this week 🔥 Subscribe to receive all the latest from the StableLab team 🔬
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