Scaling
Bridges

8 min read • Published on 26 Apr 2024

Governance Review #15

Anastassis Oikonomopoulos

Governance Representative

L2BEAT provides weekly updates on governance in concise articles.

Governance Review #15 publication thumbnail

Optimism

Retro Funding 4: Onchain Builders - round details

Optimism Foundation published the round details for the 4th round of Retro Funding. Retro Funding 4 will reward on-chain builders who have deployed contracts to the Superchain and contributed to the success of Optimism with a total of 10,000,000 OP. Applications will be open between May 23rd and June 6th and you can read about the application process here

Additionally, the Foundation has published the framework for the application review process of future Retroactive Public Goods Funding (Retro Funding) rounds and its application to Retro Funding 4. The application review process is applied to decide which applicants are eligible to participate in retro rounds and is used to enforce application rules and eligibility criteria.

Discuss with L2BEAT

We’re interested in hearing peoples’ thoughts on the design of the round as it will help us form our own opinions and will ultimately make it into feedback which we can share with the Collective to inform future rounds’ design.

When/where to catch us:

You can find us to discuss all of the above and more during our Optimism Office Hours every Tuesday at 3 pm UTC.

Arbitrum

Temp Check - GovHack at ETH CC (Brussels)

This proposal by Hack Humanity & Entropy Advisors is seeking $309k of funding from the Arbitrum DAO to host an event and after-party coinciding with ETH CC 1 in Brussels, Belgium. Arbitrum GovHack Brussels will take place as a 3-day event on July 5, 6, and 7, the days directly prior to the start of the conference.

The Snapshot vote ends on May 2 2024 at 6:33 am UTC.

LTIPP Votes - Post-council-feedback

Following the conclusion of the application and review periods for the LTIPP, 14 protocols have submitted their proposals individually, as suggested by the mandate of the LTIPP proposal itself.

Specifically, the following protocols have applied for the corresponding amounts as seen below:

The Snapshot votes are individual and were submitted at different times, but they all end in between May 1 and May 3, 2024.

#14 Open Governance Call Agenda

The next monthly open governance call will take place on Wednesday 1st of May at 2 pm UTC. The agenda can be found here.

STIP Analysis (ARDC Research Deliverables)

Blockworks published two case studies (on GMX and JOJO) for the analysis of the Short Term Incentives Program (STIP) in the context of the work they’re doing on behalf of the ARDC.

Discuss with L2BEAT

There are currently multiple different initiatives being worked on in tandem that will soon go to Snapshot. We’d love to discuss with other delegates how we can help push things forward on all the different fronts both as active delegates, but also in our capacity as DAO Advocate in the context of ARDC.

When/where to catch us:

You can find us to discuss all of the above and more during our Arbitrum Office Hours every Thursday at 3 pm UTC.

Uniswap

On Chain Vote - Onboarding Package Bundle

This proposal bundles four proposals that have previously been approved in individual temperature checks Specifically, it bundles together the proposal to deploy onboarding packages to the following chains:

The Tally vote ends on April 29 2024 at 2:58 am UTC.

On Chain Vote - Update Uni v3/v2 Deployment Process (March 2024)

Following a successful temp check, the proposal to update the deployment process and give the Uniswap Accountability Committee a multisig agency over altering the v3-deployments.uniswap.eth & v2deployments.uniswap.eth subdomains This will allow the Committee to edit these text records whenever a new v3/v2 deployment is complete without having to go through an on-chain vote.

The Tally vote ends on April 29 2024 at 6:26 am UTC

[RFC] Retroactive Reward for Uniswap Delegate Reward Working Group

Doo from StableLabs submitted an RFC that seeks to request retroactive compensation for the 8 members that participated in the delegate reward working group. The total amount requested is $64,000 which will be evenly distributed among the 8 participants.

Findings from Uniswap Delegate Reward Working Group

Doo from StableLabs published a summary of the findings of the delegate rewards working group which has been conducting research and working on assessing the current landscape of Uniswap governance and delegate responsibilities, all to build the framework for a successful Delegate Reward Initiative.

Discuss with L2BEAT

We are part of the delegate incentives working group and we’d be interested in discussing the group's findings with other delegates who didn’t participate in the group or in the interviews the group conducted.

When/where to catch us:

You can find us to discuss all the above and more during our Uniswap Office Hours every Friday at 3 pm UTC.

Hop

Discuss with L2BEAT

We were not aware of any significant governance-related news in Hop over the last week. If you think we have missed something important, please let us know!

However, we’ve been involved in the discussion around the renewal of the Hop Grants Committee and we recently shared a summary of our thoughts. We’d love to discuss the topic further with other delegates and help establish a new Grants Committee to help drive the growth of Hop.

When/where to catch us:

You can find us to discuss all things Hop during our Hop Office Hours every Friday at 3 pm UTC.

Polygon

Discuss with L2BEAT

We were not aware of any significant governance-related news in Polygon over the last week. If you think we have missed something important, please let us know!

When/where to catch us:

You can find us to discuss all things Polygon during our Polygon Office Hours every Friday at 3 pm UTC.

Starknet

Starknet’s builder council - Description & up-to-date list of members

Henri Lieutaud from the Starknet Foundation published a description of the Builder’s Council along with a list of its current members.

Starknet Provisions Update

Starknet Foundation published an update for the subcategories that were eligible for Round #1 of Starknet Provisions but had trouble claiming.

These subcategories are:

  1. Pooled stakers

  2. StarkEx users who were mislabeled as VeVe users

  3. VeVe users

Eligible users from the aforementioned categories will now be able to claim their allocated STRK.

When/where to catch us:

You can find us to discuss the above and more during our Starknet Office Hours every Friday at 3 pm UTC.

Connext

Vote - Extension of Airdrop Claim Period

This proposal requests extending the claim period of Connext’s airdrop for users who missed out due to a lack of awareness. The overall cost of the proposal is an amount of $NEXT up to the sum of all unclaimed airdrops, which is somewhere around 34 million $NEXT.

The Snapshot vote ends on April 27 2024 at 6:18 am UTC.

Vote - Partnership Token Agreements

This proposal by Connext Foundation seeks approval from the DAO to award a total of 28,450,000 NEXT tokens to long-standing partners of Connext for their meaningful contributions. Specifically, the proposal seeks to allocate the following partners with the corresponding amounts as outlined below:

The Snapshot vote ends on May 2 2024 at 1:17 pm UTC.

[RFC] Adopt Partial Private Voting

Jengajojo submitted an RFC that advocates for the implementation of shielded voting within Connext DAO’s governance process, utilizing the Shutter implementation on the Snapshot. This will prevent the voting process from altering voting outcomes. Enabling shielded voting doesn’t come at a cost to the DAO other than the operational overhead for its implementation.

Discuss with L2BEAT

We’d like to discuss if there are any opportunities that could potentially enable the users who didn’t claim the airdrop within the 6-month claim window to participate and earn some $NEXT in the process.

When/where to catch us:

You can find us to discuss all the above and more during our Connext Office Hours every Friday at 3 pm UTC.