Flipside Governance Recap | 22 July 2022
Welcome to the Flipside Governance Team recap! Here’s a weekly summary of heady governance activity, our hard-hitting research & data analysis, and key news stories across the broader governance space.
Team Highlights 🚨
- Raphael built an MVP tool for MakerDAO to help surface DAO priorities raised by recognized delegates. The tool will focus delegate discussions and could help them hone in their messaging to the wider DAO.
Our Research and Content ✏️
- Why Delegate to Flipside Governance?: The team provides a comprehensive overview of how we help DAOs and protocols succeed in governance through forum engagement, proposal execution, data analytics and dashboards, research and more. Curious about our team or considering delegating to Flipside? Click the link to learn more and consider delegating to us at flipsidecrypto.eth!
Across the Industry: Governance News of the Week 📰
- Curve Finance Confirms Stablecoin Launch: The (unofficial) announcement comes just a week after Aave announced their own stablecoin, GHO. While the details are unconfirmed, @newmichwill revealed that the stablecoin would be overcollateralized in an interview recently. Curve joins the ever-growing list of ETH native dApps w/ stablecoins (Maker, Frax, Aave). CRV rose 21% on the news.
- ScopeLift Introduces Flexible Voting Extension: Development of the extension to @OpenZeppelin Governor was funded by @uniswapgrants and will allow delegates to split their voting weight across For/Against/Abstain options for a given proposal. This new building block can unlock new use cases, such as: 1) voting with tokens while earning yield in DeFi, 2) voting on L2 with bridged tokens, 3) shielded voting, 4) cheaper subsidized signature based voting.
- AllianceDAO Announces Graduating Cohort of Startups: 16 crypto startups graduated AllianceDAO’s accelerator this week. About three-fourths of the teams are focusing on NFTs, infrastructure or DeFi, while the majority of the teams are building on Ethereum, Polygon and Solana.
Flipside Governance | Analysis of the Week 📊
Ahead of Jess’s Part 3 on Osmosis Governance, let’s take a sneak peak at her analysis of general user and governance user activity on Osmosis. Immediately, it’s clear that wallets that participate in governance are more active on the blockchain. On any given day, governance participants make up 2–4 times the number of general users performing transactions on Osmosis.
When we look at swaps specifically, we can see that governance participants perform more swaps than general users, although the difference between these two groups is less than for general transactions.
Check out more of this data when Part 3 is released next week!
Flipside Governance Activity 📜
The Flipside team voted in quite a few proposals this week. Here’s a recap of the proposals we voted on and the rationale for our votes:
If you are interested in joining the Flipside Governance team, please email us at governance@flipsidecrypto.com or ping @avimeyers on Twitter.
