State of the DAO #3

Key Metrics

Notable Achievements:

Large Delegate Adoption: Ezr3al.eth, the largest delegate in the Aave ecosystem with 189,000 Aave (~$17,000,000) in voting power voted on two separate Aave proposals using an Event Horizon voter pass.

11th Largest Uniswap Voter: The Event Horizon Community has become the 11th largest voter in the Uniswap Ecosystem with >$270,000 in UNI voting authority: Announcement

10th Largest AAVE Voter: >$160,000 in AAVE voting authority

10th Largest Compound Voter: >$80,000 in COMP voting authority

9th Largest ShapeShift Voter: >$50,000 in FOX voting authority

New Record High Voting Multiple: ehUNI-8 at 10,393x

Month-on-Month Metagovernance Metrics:

• +220% MoM Growth | Total Voting Authority Mobilized: $8M
  (from $2.5M)
  The Event Horizon protocol has placed >$8M of governance authority and enfranchisement directly into the hands of the retail voter, a feat not seen anywhere else in the DAO space. Across all proposals for which the Event Horizon Community has participated, the community’s cumulative voter footprint exceeded $8M.
• +66.7% MoM Growth | Community Delegation Value: $750K
  (from $450K)
  The community governance treasury (the collection of governance authority including Uniswap, Arbitrum, AAVE, and Compound) which you, the community, control has expanded from $450K to $750K.
• +33.4% MoM Growth | Voter Passes Minted: 164
  (from 123)
  With $0 in ad spend, the community has grown to include over 164 voter passholders
• +166% MoM Growth | Number of Meta-Proposals Passed: 147
  (from 54)
  Our community members have participated in, and passed, 147 metagovernance proposals, each corresponding to Uniswap, Compound, Arbitrum, Shapeshift or AAVE base layer proposals.
• +120% MoM Growth | Avg. Authority Mobilized / Individual: $137,250 (from $62,500)
  Each participating passholder has moved an average of $137,250 in Uniswap, Compound, Arbitrum, Shapeshift and AAVE governance authority across all metagovernance proposals passed.
• +120% MoM Growth | Average Authority Multiple: 45,751x
  (from 20,834x)
  The average pass holder minted their voter pass for a one-time cost of ~$3 in gas. When evaluated with respect to the $137,250 in average cumulative authority mobilized, each member has mobilized over 20,834x their gas cost of admission in blue-chip governance authority.
• Voter Participation: >30%
  Over thirty percent of our community members have participated in our meta-governance proposals. Some participants have voted as many as 104 times. Check out the latest info on our leaderboard: EventHorizon.vote/leaderboard

Notable Meta-Governance Proposals:

• ehUNI-8— Uni Onboarding Package — zKSync:
  The Event Horizon Community voted to support the zKSync ecosystem. This metagovernace proposal achieved a record-high vote multiple of 10,393x.

Last State of the DAO Report:

• SoD1: https://medium.com/hvax/state-of-the-dao-1-d6a2f984a496
• SoD2: https://medium.com/hvax/state-of-the-dao-2-51e5ef21400d

Links:

Website: EventHorizon.vote

Discord: https://discord.gg/KkfHzu8p2e