👨‍🔬 Welcome to the Governance Lab - #001

Report #001 - ETH Denver, Uniswap Committee Election, Hop Ambassador Program

Mar 2

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.

Tally @tallyxyz

the penultimate panel of @daosatdenver "delegation in DAOs" by @boardroom_info featuring: @HelloShreyas @blockchainjames @AnikaRaghu @annbrody7 @DAOstrategy moderated by @kevinknielsen

💼 👀 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.

Toby @tobyshorin

The Snapshot vote to elect members for @Uniswap governance Accountability Committee is live. This group is a paid DAO committee, managing and enforcing agreements for deployments / licenses / agreements. Vote for nominees to take on this important job: snapshot.org/#/uniswap/prop…

Nick Cannon (ETH Denver) @inkymaze

short term I think probability of bureaucratic bloat is less than the upside of having people to do the stuff Labs, Foundation, and large delegates can’t or won’t touch https://t.co/Kt92ZhRjBI

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:
  - Governance Participation
  - 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

🎠 1inch

1RC: Raise Snapshot Quorum
- 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.

🛢️ Euler

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.
RFC: Increase Snapshot Quorum
- 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 🍬

Owocki.Ξth (🤖,💚) @owocki

dao members when it’s time to do governance

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