Open in app

Sign in

Write

Sign in

DAOs: Aragon launches Vocdoni, Gitcoin introduces governance token, Uniswap proposal #4 on lowering proposal submission threshold passes, LidoDAO moves towards “easy track” governance for routine changes, Index Coop grants parameter controls to Multisig, Open DeFi DAO <> Kleros & Gnosis Safe, BadgerDAO partners Polygon, and more!

Paradigm
Paradigm
Published in
25 min readJun 12, 2021

--

Biweekly report on decentralized autonomous organisations vol.1, 28th May — 11th June

TL;DR

  • Aragon Launches Vocdoni — a decentralized governance platform for traditional organizations. The first instance of the Aragon OpenStack — Aragon Voice — is now live on the Ethereum mainnet. On top of that, Aragon partners with Witnet for gasless DAO management on Discord
  • Gitcoin introduced the GTC token and their DAO that will govern Gitcoin — two crucial components allowing Gitcoin to decentralize and build an equitable protocol for funding open source development. Gitcoin’s AKITA debate rolls on. Gitcoin DAO & GTC token with Kevin Owocki on Bankless
  • In response to the community vote, Uniswap v3 has been deployed to Arbitrum mainnet. Furthermore, Uniswap proposal 4 on lowering proposal submission threshold passes
  • LidoDAO proposed optimistic voting for basic updates
  • Index Coop votes on delegation of risk parameter management. Read ‘Introduction to the INDEX Token’. ‘How DAOs are Changing Business’ with Simon from Index Coop
  • PDP 22 and PDP 23 have been successfully passed by MTA governors
  • Kyber DMM Expansion and Liquidity Mining on Polygon is in the voting period
  • BadgerDAO will partner with Polygon to accelerate the adoption and utility of Bitcoin on their network
  • Active voter participation in the BancorDAO has exploded in recent weeks
  • Get into the details of simulation mechanisms in the Part 3 The Magic Behind the Commons Simulator
  • New Aave ARCs and AIPs discussions
  • Active proposals: Gitcoin DAO; KyberDAO; mStable; Akropolis; Index Coop; Synthetix; Yam Finance
  • New and ongoing discussions: BancorDAO; Compound; Curve; GnosisDAO; LidoDAO; MakerDAO; PieDAO; PoolTogether; Yearn Finance; API3
  • Making DAOs legal with Aaron Wright from OpenLaw
  • ‘The Future of Work: Why Digital Organizations are the future of work in a decentralized future’ by David Hoffman
  • ‘A History of ‘The DAO’ Hack’
  • And more!

Overview

Blockchain technology is already radically transforming the financial system. However, properties such as trustlessness and immutability aren’t only useful in monetary applications. Another potential application is governance. Blockchains could enable entirely new types of organizations that can run autonomously without the need for coordination by a central entity.

“Instead of a hierarchical structure managed by a set of humans interacting in person and controlling property via the legal system, a decentralized organization involves a set of humans interacting with each other according to a protocol specified in code, and enforced on the blockchain.” – Vitalik Buterin

DAO stands for “decentralized autonomous organization” and can be described as an open-source blockchain protocol governed by a set of rules, created by its elected members, that automatically execute certain actions without the need for intermediaries.

In simple terms, a DAO is an organization that is governed by computer code and programs. As such, it has the ability to function autonomously, without the need for a central authority.

Like how DeFi is programmable money and how NFTs are programmable media, DAOs are programmable organizations of people.

DAOs Ecosystem Statistics

DeepDao.io

Top DAOs

The rating is currently headed by: API3 DAOv1, BarnBridge Governance, and DXdao.

DeepDAO.io

Read & Listen

  • Making DAOs Legal with Aaron Wright from OpenLaw. In this episode of the Unstoppable Podcast, the hosts are talking to Aaron Wright. He’s the co-founder of OpenLaw and other projects like The LAO and Flamingo DAO. He’s also a law professor at Cardozo School of Law.
  • How DAOs are Changing Business with Simon from Index Coop. In this episode, the hosts are talking to Simon from Index Coop, a DAO focused on building and governing crypto indexes. In this fascinating discussion, we dive into the advantages of DAOs, what they offer over traditional companies, and Simon’s own experiences with Index Coop.
  • Gitcoin DAO & $GTC token, with Kevin Owocki on Bankless: Come learn all about Gitcoin DAO, GTC distribution, and the responsibilities of the governors.
  • Stateless Podcast — Episode 6: Governance 2.0 and Yearn with Tracheopteryx. Tracheopteryx and Commodore dive into Yearn’s DAO, how it’s organized, and how Yearn approaches balancing decentralization and efficiency in its operations. If you don’t know much about how Yearn operates, this is a great introduction and a solid foundation to build your knowledge.
  • Zero Knowledge Episode 183: CowSwap & DAO Tech with Gnosis’s Martin Köppelmann: Anna and Tarun chatted with Martin Köppelmann, CEO of Gnosis. The company was known for championing prediction markets, but Gnosis has now shifted to making key infrastructure products. Martin chats about this transition and explains Gnosis’s current products, which include a unique DEX called CowSwap and a number of products for managing DAO treasuries and governance

Frameworks

Aragon

Aragon Launches Vocdoni — a decentralized governance platform for traditional organizations: The Vocdoni digital voting protocol introduces an unparalleled layer of security, trust and efficiency to the standard guarantees of governance processes, enjoyed by associations, co-ops, trade unions, companies, and city councils. It provides an easy way for traditional organizations to utilize some of the tools that thus far have mostly only been used by digitally native organizations: fully transparent yet anonymous voting, direct communication between organizations and their social base, and a suite of membership and financial management solutions.

You may try it for yourself at vocdoni.app. In this first version, Vocdoni will offer the following features:

  • Create sovereign entities where you and designated administrators are the sole users able to manage the organization.
  • Create unlimited voting processes to satisfy all of your governance needs through an easy-to-use and intuitive interface.
  • Enable voting rights on-the-fly for every voting process you create.
  • Configure voting processes with multiple options, including live and encrypted, time-locked results.
  • Configure voting processes to start and end at preset times, both programmatically and manually.
  • Guarantee vote secrecy among voting participants and external third-parties.
  • Customize the voting experience by embedding live streaming of your event onto the ballot’s landing page and attach complementary resources (eg. Q&As, reports, documentation, etc.) to make available during the voting process.

Aragon’s vision for Vocdoni is to push its development beyond just digital voting as a mechanism for binding participation and signalling.

The first instance of the Aragon OpenStack — Aragon Voice — is now live on the Ethereum mainnet

Aragon Voice is a key component of the voting infrastructure for Web 3.0, powering unstoppable decentralized governance with zero voting costs. For the first time ever, anyone with an Ethereum address can design and implement On-Chain Proposals for their ERC20 project, where votes can be cast without gas fees, and are recorded as metadata both to Ethereum and IPFS, or Signaling Proposals that use a centralized backend but are universally verifiable on our custom vote-counting blockchain, Vochain. Only On-Chain Proposal creators need to pay the gas costs of deploying the information to mainnet.

Aragon Partners with Witnet for Gasless DAO Management on Discord: The Association announced its partnership with the Witnet decentralized oracle to provide off-chain, ‘optimistic’ voting for DAOs via Discord. Any Aragon DAO will be able to offer feeless, binding votes on DAO operations to any Discord channel member using only emoji reactions (👍 / 👎).

Aragon Association to Sponsor 2021 Gitcoin Grants Program: The Aragon Association will be sponsoring Gitcoin’s new Decentralized Governance (dGov) category for GR10 & GR11 — two upcoming rounds of the Gitcoin Grants Program, launching on June 16th.

The Common Stack

Commons Stack Review: Sprint 16 Companion Planting: Basil and tomatoes, carrots and onions, radishes and spinach — growing certain plants together help deter pests and increase productivity. The Commons Stack and the Token Engineering Commons have a mutually beneficial relationship, like these plant companions.

The Magic Behind the Commons Simulator — Part 3: The Closest Look: Get into the details of simulation mechanisms in the Part 3 of “Deep Dive” into the inner workings of the Commons Simulator . The Commons Simulator aims to inspire and empower communities to design their own economies with open source simulation tools.

Recommend reading Part 1 and Part 2 of the series in order to truly enjoy the feeling of your mind being blown as the pieces come together.

Background: The Commons Simulator is a community project funded entirely by Gitcoin Grants, and undertaken by the Commons Stack’s dDev team. The Commons Simulator blends art and simulation into a dystopian sci-fi future where you travel back in time with cadCAD, a complex systems simulator that can predict the future.

Check out two new DAO Discussions:

  • DAO Discussions 1: Do DAOs improve or dehumanise collaboration and coordination? Interested in new ways of collaborating and coordinating? DAOs have been described as the next frontier of human organisation, but is this true? What are DAOs anyway? What role might they have to play in our future? What’s the reality of DAOs versus the theory? What could DAOs mean for you and the work you do? The panel explores the question: do DAOs offer us improved collaboration and coordination? And what might this mean for our work, our organisations, and the world?
  • DAO Discussions 2: Do DAOs Offer Us A New Way of Governing The Commons? Could DAOs be a critical tool for governing the commons? And what might this mean for how we organise and manage our shared resources?

Exploring Polycentric Governance in Web3 Ecosystems Workshop: Jeff Emmett, Jessica Zartler, Renzo D’Andrea and Livia Deschermayer of Commons Stack, Block Science, Token Engineering Commons and Change the River, share two frames for governance research and design: The Decision Space & The Voting Space. In these knowledge sharing and interactive sessions, they discuss the importance of deciding how to decide, why cultural frameworks feed tooling and introduce different types of voting and new Web3 voting tools, including Conviction Voting.

Using CSLove To Get Your FREE Commons Stack Swag: Commons Stack loves the Trusted Seed, and now they have another way to show it — airdrops of CSLove to claim free swag!

Daohaus

Ready… Set.. DAO (the latest DAOhaus Newsletter): MetaFactory & BanklessDAO meet HausParty, latest developments in the HAUS, and a look at what is going on underneath the hood.

Starting June 9th, Daohaus is having open seshes called OpenHaus, where they just jam about whatever. Every Wednesday 2p EST in the DAOHaus Discord. Open to all!

Moloch

The Moloch DAO community is conducting a survey to understand the adoption of L2 and scaling technologies in the Ethereum ecosystem. If you are the product lead, tech lead, CEO, or CTO for an Ethereum-based application, they would love to hear about your decisions. They prefer only one submission per product.

Governance

Aave

Congratulations on reaching the number #1 spot in TVL Aave!

The Aave Protocol closes week 23 of 2021 with $21.6 billion of liquidity: Aave Weekly 2021 W23

Aave Grants DAO will sponsor Hack Money by the Ethereum ecosystem: Apply to Hack Money by June 14 https://defi.ethglobal.co

Also check out the May Community Call — hosted by Aave Grants DAO:

New Aave Request for Comments (ARC) Discussions

  • Add XSGD support as Collateral [Product] [Discuss]
  • Add MLN as a Reserve Asset [Product] [Discuss]
  • Add Uniswap V2 DPI-ETH LP to Aave AMM [Product] [Discuss]

Ongoing ARC Discussions

  • Add Support for RAI [Product] [Discuss]
  • Add LINK Liquidity Mining Rewards [Product] [Discuss]
  • Add support for NMR [Product] [Discuss]
  • Disable MKR borrowing [Product/Strategy] [Discuss]
  • Add Support for BOND (BarnBridge) [Product] [Discuss]
  • Listing Proposal: $LINK on Polygon [Product] [Discuss]

Ongoing Aave Improvement Proposal (AIP) Discussions

Latest governance topics on governance forum.

Akropolis

Akropolis Weekly Updates (June 11th, 2021):

Akropolis Weekly Updates

9.67M TVL 2862 Members 28.77% AKRO Staking APY Intro Welcome everyone to another round of Akropolis weekly! Note We are…

akropolis.substack.com

Ongoing discussions

API3 DAO

API3DAO Core Technical Team Development Report: May 2021 has been a particularly productive one regarding DAO development, which has also interrupted the DAO & Staking series (1, 2, 3).

The Serverless Framework dependency at the Airnode deployer has been replaced in favor of Terraform. This will allow to port Airnode to other cloud providers and extend it with additional cloud infrastructure (or provide it as a module to be added to existing infrastructure) a lot more easily.

The work on dAPI contracts was continued. Considering that dAPIs are a fairly isolated vertical in terms of implementation and operation, a dAPI team separate from the core technical team is being considered. Including having a separate DAO development team and the integration work being undertaken by the business development team members, this allows the core technical team to focus more of its efforts on Airnode, which should improve efficiency.

API3 and Moonbeam Bring Off-Chain APIs to Polkadot: API3 has integrated with Moonbeam, the project that simplifies the process for Ethereum applications to expand to the Polkadot ecosystem, making APIs effortlessly available to multi-chain applications. Moonbeam offers a full implementation of Ethereum on Substrate, and allows Ethereum developers to deploy existing smart contracts and dapp frontends to Moonbeam with minimal changes. Moonbeam benefits from lower gas costs than Ethereum, and the cross-chain functionality of Polkadot.

Partnership with Credmark: Credmark has built a data platform that allows developers to build, test and distribute risk-adjusted financial models. One of the most important requirements for creating these models is the use of highly accurate and reliable data sources, as well as having a variety of different data types. API3 will be partnering with Credmark to provide such data sources, and to serve Credmark’s data over Airnode to all supported blockchains.

Partnership with Shield Finance: Shield Finance is a multi-chain DeFi insurance aggregator. Shield Finance will deploy Market Crash Protection contracts for API3, and also assist API3 in making this feature available to API3’s community. Shield Finance will also explore opportunities to use API3’s dAPIs (data feeds) once these are operational.

Announcing the Partnership with HAI DAMO: API3 announced the partnership with Hedge Against Inflation DAMO (Decentralized Asset Management Organisation). Hedge Against Inflation is a project designed to minimize the risks associated with the volatility inherent in crypto markets. API3 will be providing Airnode-enabled API data and dAPIs to enable this.

There were no active API3 governance proposals these weeks.

Badger DAO

BadgerDAO and Polygon Partner to Bring Bitcoin Crosschain: BadgerDAO will partner with Polygon to accelerate the adoption and utility of Bitcoin on their network. With the mission to bring BTC to DeFi, BadgerDAO wants to make it as easy as possible for users to put their Bitcoin to work where there is plenty of utility. Polygon has seen explosive growth in the last few months with over $7.4B in total value of assets locked and $1.3B worth of BTC already being utilized in protocols like Aave and Sushiswap. This clearly shows a demand for BTC and together with Polygon BadgerDAO can help grow that footprint substantially.

ibBTC and bBadger Now Accepted as Collateral on Ruler Protocol: Ruler Protocol is now accepting ibBTC and bBadger as collateral for borrowing and lending stablecoins along with farming to earn Ruler and Badger tokens.

Badgers In the Sett: A DAO Treasury Retrospective (Volume I): Since launching in December, Badger DAO has generated over $18.1MM total revenue at booking ($15.1MM at current prices), >90% of cumulative revenue has been driven by core strategies; and in the month of May the DAO generated more than $2.8MM of booked Revenue across all product lines including the new Bridge and ibBTC.

Total Revenue shown non inclusive of ~$20K in FARM revenue.

Badger Improvement Proposals (BIP):

  • BIP 59: Grants Month 6: Distribute grants for Month 6 and formally close out monthly contributor framework to transition to project-based program [Discuss]

Upcoming events:

The DIGG Dojo is open for business every Tuesday from 12:00PM — 1:00PM EST. The next is on June 15th! Enter the DIGG Dojo to join the conversation around the future of DIGG, share your thoughts and help “work out” potential ideas to evolve the elastic supply token into the future!

Balancer

Balancer Labs Raises $24.25 Million: This fresh round of capital comes from investors Blockchain Capital, Fintech Collective, LongHash Ventures, Fenbushi Capital, Continue Capital, Kain Warwick and Jordan Momtazi.

The latest Balancer Report:

The Balancer Report

V2 TVL roughly doubled to $123.6 million from last week's $68.75 million while v1 TVL was flat at $1.8 billion compared…

balancer.substack.com

There were no active Balancer governance proposals these weeks.

Bancor

How to Delegate Voting Power in the BancorDAO: Vote delegation allows community members to nominate other community members to vote on their behalf.

Bancor Community Call Summary, June 6 2021: Bancor hosts weekly community calls with core contributors every Sunday 1pm UTC in Bancor’s Telegram voice chat.

Ongoing discussions

  • Whitelist NOIA (Syntropy). 150k co-investment and voter incentive (2nd attempt) [Discuss]
  • Increase fee on GNO pool to .5% [Discuss]
  • Increase co investment on NMR to 750,000 BNT [Discuss]
  • Increase Co investment for LRC to 800,000 BNT [Discuss]
  • Whitelist Chiliz (CHZ) [Discuss]
  • Introduce a small pool standardized fee (0.3%) based on market cap ranking [Discuss]
  • Whitelist BBS with External IL Protection [Discuss]
  • Whitelist DAPP Network (DAPP) w/ 500k Co-Investment and External IL Protection [Discuss]

Closed proposals:

Active voter participation in the BancorDAO has exploded in recent weeks. The DAO is becoming a hotbed for on-chain coordination and new ideas that push the Bancor ecosystem forward. Get involved at gov.bancor.network

Compound

There were no active Compound governance proposals these weeks.

https://www.withtally.com

New Discussions

  • Permissionless Listing / Isolated Markets [Development] [Discuss]
  • Celo x Compound Finance & Compound Chain [Product/Development] [Discuss]
  • Project Galaxy — Helping to build Compound’s first NFT-based Loyalty Campaign! [Ideas] [Discuss]
  • Seize all cWBTC legacy collateral and transfer its WBTC it to cWBTC2 [Ideas] [Discuss]
  • TrueUSD Listing Proposal [Ideas] [Discuss]
  • Branding Compound Grants [Treasury] [View]

Ongoing Discussions

  • Oracle Infrastructure: Chainlink Proposal [Development] [Discuss]
  • Polygon/Matic Starport [Development] [Discuss]

Curve

Curve announces new non-pegged asset AMM mechanism:

Ongoing Discussions

  • Whitelist the Frax Curve AMO Contract [Discuss]
  • CIP#64 — Add a gauge for TriCrypto Pool on Ethereum [Discuss]
  • Add a [aUSD, [2Pool]] Metapool on ftm [Discuss]
  • [CIP#62/63] Multi chain gauges, to spread the CRV love on side chains and L2s [Discuss]

Closed proposals

Gitcoin

Gitcoin Introduces Governance Token: Gitcoin introduced the GTC token and their DAO that will govern Gitcoin — two crucial components allowing Gitcoin to decentralize and build an equitable protocol for funding open source development.

Gitcoin Deliberates Akita Holdings: the formation of a Gitcoin DAO especially gained speed following Vitalik Buterin’s sudden and massive donation of Akita tokens to Gitcoin Grants.

The community has turned its attention to how to deal with those funds. A Snapshot Proposal AKITA tokens — A path forward [Closed Jun 6: Read the proposal], initiated by 🔥_🔥, looked “to finalize a decision around the AKITA tokens held by the Gitcoin Multisig” and considered seven different proposals made by members of the community.

https://www.withtally.com

Defending Quadratic Funding In Grants Round 10 And Beyond:

Defending Quadratic Funding In Grants Round 10 And Beyond - Gitcoin's Blog

Quadratic Funding is under Sybil attack We're on the cusp of Grants Round 10, and each round has been more successful…

gitcoin.co

ENS Joins Funders League In Support Of Public Goods: ENS has donated 180 ETH to Gitcoin

Active proposals

  • How do we best go forward to divest our position of AKITA?[Execution Phase] [Vote]
  • Implement Akita sale/stream as a Balancer pool [Vote]
  • GR10 Matching Pool Breakdown [Vote]
  • Claim GTC by ETH address without logging in github [Vote]
  • Future Salaries (an Ethereum salaries widget) in addition to Grants [Vote]
  • Is pineapple a legitimate pizza topping? [Vote]

Closed proposals

To read more about the different proposals and take part in the decision, check out the governance forum discussion.

Gnosis

Gnosis client development team Joins Erigon (formerly Turbo-Geth) to Release Next-Gen Ethereum Client: While putting greater resources toward this effort, Gnosis will deprecate the OpenEthereum legacy codebase and work on a migration path for all existing users.

EulerBeats x Gnosis Safe: A Case Study in Collective NFT Ownership

Zero Knowledge Episode 183: CowSwap & DAO Tech with Gnosis’s Martin Köppelmann: Anna and Tarun chatted with Martin Köppelmann, CEO of Gnosis. The company was known for championing prediction markets, but Gnosis has now shifted to making key infrastructure products. Martin chats about this transition and explains Gnosis’s current products, which include a unique DEX called CowSwap and a number of products for managing DAO treasuries and governance

GnosisDAO Improvement Proposals (GIPs)

  • GIP-10: Adopt participation agreement [Vote]
  • GIP-11: Enable SafeSnap [Vote]

Ongoing Discussions

  • Should GnosisDAO upgrade governance platforms? [Discuss]
  • Tokens for Gnosis Auction and Cowswap [Discuss]

Index Coop

Introduction to the INDEX Token: The Index Coop is a decentralized autonomous organization (DAO) that exists to create and maintain crypto-native structured products built on DeFi asset management primitives (e.g. Set Protocol). As a DAO, Index Coop is governed by its community members. Collectively, they propose and vote on new products, the allocation of the treasury, and the future direction of the DAO. This is where INDEX comes in.

Index Coop Grants Parameter Controls to Multisig: this change is intended to avoid future failed votes for key parameter changes. Index Coop has generally seen strong voter participation since inception last fall. But with the launch of leveraged indices on ETH and BTC, the demands on governance have increased considerably. Failure to pass critical parameter change proposals in the past month have led the community to reassess their governance processes.

View from the Nest #30: The newsletter aims to share what we’ve been up to week by week in the Coop, highlighting progress across products, governance and the Index community as a whole.

How DAOs are Changing Business with Simon from Index Coop: In this episode of The Unstoppable Podcast, the hosts are talking to Simon from Index Coop, a DAO focused on building and governing crypto indexes.

Active proposals

  • Decision Gate 2: Bankless BED Index [Product] [Vote]

Closed proposals

New & Ongoing Discussions

  • MVI — Growth Budget Request [Treasury] [Discuss]
  • IIP-XX — Two Product DPI Intrinsic Productivity [Product] [Discuss]
  • Proposal to form a MetaGovernance Committee [Meta/Strategy] [Discuss]
  • What you can do with your DPI — Extrinsic Productivity [Strategy] [Discuss]
  • IIP-47: Upgrade FLI to use Chainlink oracles [Development] [Discuss]
  • 2x-FLI Operational Response, Challenges, and Next Steps [Development] [Discuss]
  • Revised Product Prioritization Framework [Strategy] [Discuss]
  • Engineering and Product Constraints [Strategy/Development] [Discuss]
  • Request for Discussion: Data Economy Index (DATA) [Product] [Discuss]
  • Treasury Committee funding and FAQs [Treasury] [Discuss]

Kleros

Kleros Partners with Open DeFi DAO and Gnosis Safe: the partnership between to create a multi-chain governance framework: Kleros (a decentralized arbitration service for disputes in the decentralized economy) + Open DeFi DAO (a DAO focused on building multi-chain DeFi) + Gnosis Safe (a widely-used solution for holding Ethereum-based assets in a secure multi-signature smart contract).

With this solution in place, the Open DeFi DAO will be able to operate on multiple blockchains simultaneously, while enabling governance token holders to participate in governance no matter which blockchain platform their tokens are on.

Closed proposals

Ongoing Discussions

  • Question about work on Privacy of Contracts [Discuss]
  • Discussion: PNK Airdrop to responsible vouchers [Discuss]

Kyber DAO

Find out all proposals here. Check them out on GitHub.

Active proposals

  • KIP-9: Kyber DMM Expansion and Liquidity Mining on Polygon is in the voting period [Vote]

Lido

LidoDAO Proposes Optimistic Voting for Basic Updates: Future validator limit increases would be approved by default unless a challenge threshold is met.

Similar to Index Coop, Lido DAO has also experienced issues with key parameter change proposals. Lido maintains decentralization and mitigates staking risk by spreading out validator deposits among many staking service providers. LDO voters are responsible for periodically increasing the maximum validator limit for each provider to accommodate new deposits. But recently these routine votes have run into difficulties.

LidoDAO’s Aragon governance implementation requires a minimum of 5% support for even basic proposals. With many large crypto investors busy at the BTC conference in Miami this past week, the DAO was unable to reach quorum leading to a failed limit update proposal. This in turn delayed the onboarding of newly deposited Ether into the beacon chain, which would cause a negative impact on stETH returns at the margin.

Ongoing Discussions

  • Diversification of DAO Treasury [Discuss]
  • Curve Proposal: Continue LDO Reward Initiative With 3,750,000 LDO [Discuss]
  • Lido for Aave — Proposal by Delphi Digital [Discuss]
  • LIP-3: Easy Track Motions for DAO routine operations [Discuss]

Maker

Making Maker: May 2021: In May, the MakerDAO community added additional Vault types to the Liquidations 2.0 framework and voted on Oracle updates, Core Unit budgets, and more.

The Maker Community’s Next Call to Adventure: What started as a handful of open initiatives, Community Development’s programs expanded to support a growing MakerDAO.

Each community member has the potential to cross the threshold into a new adventure: participating in a fully, decentralized MakerDAO. If you’re interested in participating in the community, you can:

  1. Contribute Maker Improvement Proposals (MIPs)
  2. Participate in voting
  3. Propose your own “core unit”
  4. Join an existing core unit
  5. Continue to participate in the community freely on the Maker Forum and Rocketchat.

Governance polls

Active proposals

  • Urgent Changes, Oracle Whitelisting, Liquidations 2.0 Activations [Read the proposal]

Closed proposals

Ongoing Discussions on Maker Improvement Proposals (MIPs)

  • MIP39c2-SP15: Adding AmaZix Marketing Core Unit, AMZX-001 [Discuss]
  • MIP40c3-SPXX: Governance Alpha Core Unit MKR Budget — GOV-001 [Discuss]
  • MIP40c3-SP19: Growth Core Unit Budget, GRO-001 [Discuss]
  • MIP55: Special Purpose Fund (SPF️) [Discuss]
  • MIP40c3-SP21: Modify Core Unit Budget — MKT-001 [Discuss]
  • MIP41c4-SP14: Facilitator Onboarding, Collateral Engineering Services Core Unit [Discuss]
  • MIP40c3-SP20: Adding Budget to AmaZix Marketing Core Unit, AMZX-001 [Discuss]
  • MIP53: The MKR Compensation Guidelines [Discuss]
  • MIP 54: DssVest [Discuss]
  • and many more!

Governance Portal

Governance Forum

Analytics

mStable

Active proposals

Closed proposals

  • mStable GrantsDAO Formation & Initial Funding. This proposal seeks initial funding for the mStable GrantsDAO and kickstart recruitment from the community. [Closed Jun 4: Read the proposal]
  • PDP 23: Deposit mUSD from Feeder Pools into the Iron Bank. mUSD from the Feeder Pools into Cream Finance’s Iron Bank in order to increase the utilization and APY of Feeder Pools. [Closed May 28: Read the proposal]
  • PDP 22: Reduce Swap Fees to Bootstrap Users. mStable has reduced swap fees on mStable to 0.02%. All fees earned from platform swaps will go directly to users in Save — providing a more secure, profitable, and usable way to hodl stores of stable value. [Closed May 28: Read the proposal]

Ongoing discussions

  • Should we consider adding ETH mAsset (mETH)? [Discuss]
  • Alchemix alUSD/mUSD fPool [Discuss]

Nexus Mutual

Closed proposals

Synthetix

Currently, Synthetix is hosting a UI/UX design challenge:

Active proposals

  • SCCP-123: Remove SNX Inflationary Rewards on ETH shorts [Treasury] [Vote]
  • SIP-141: SIP 141: Formalise the responsibilities and role of the GrantsDAO [Strategy] [Vote]

Closed proposals

  • SCCP-122: Increase Cap on Wrappr to 250k ETH from 175k ETH [Parameter Change] [Closed Jun 6: Read the proposal]
  • SCCP-121: Increase Cap on Wrappr to 175k ETH from 125k ETH [Parameter Change] [Closed Jun 4: Read the proposal]
  • SIP-133: Add DOGE as Crypto Synth [Product] [Closed Jun 8: Read the proposal]
  • SCCP-120: Decrease SNX Inflationary Rewards on BTC shorts to 8k SNX from 16k SNX [Closed Jun 3: Read the proposal]
  • SCCP-119: Decrease SNX Inflationary Rewards on ETH shorts to 8k SNX from 16k SNX [Closed Jun 3: Read the proposal]
  • SCCP-118: Increase Cap on Wrappr to 125k ETH from 100k ETH [Closed Jun 1: Read the proposal]

New Proposals

  • SIP 145: Debt Cache Event Consistency [Development] [View]
  • SIP 146: Add Synth Supply Caps [Parameter Change] [View]
  • SIP 147: Adding sMATIC [Product] [View]

Pie DAO

Closed proposals

  • Should PieDAO create a proposal on Compound to vote on a Retroactive Airdrop? [Closed Jun 7: Read the proposal]
  • PIP-58 INFRA Index creation [Closed May 31: Read the proposal]

Ongoing discussions

  • PIP-47: USD++ Migration To PieVault & Rebalance [Discuss]
  • Treasury Farming Initialization [Discuss]

Pie Working Groups:

PoolTogether

https://www.withtally.com

Closed proposals

  • PTIP 16: C4 Audit + PTIP 17: Sponsorship [Treasury] [Closed Jun 4: Read the proposal]
  • PTIP-19 Drip 50 POOL/day to LINK Pool [Treasury] [View] [Closed Jun 8, Quorum not reached: Read the proposal]

New & Ongoing Discussions

  • PTIP-20 DinoSwap Launch Partner “Extinction Pool” Farm [Treasury] [Discuss]
  • Evaluating POOL Distribution Changes [Treasury/Strategy] [Discuss]
  • Pod of War: Defeating Yearn [Strategy] [Discuss]
  • POOL Distribution [Strategy/Development] [Discuss]
  • PTIP-18 Use USDC in treasury to earn yield for the PoolTogether protocol [Treasury] [Discuss]
  • Missing ~$4 Million USDC [Strategy] [Discuss]

Uniswap

Uniswap v3 has been deployed to Arbitrum mainnet: After a months long period of relative inactivity, Uniswap governance is now beginning to see a burst of activity. This is a welcome change for a protocol that had faced criticism for lack of participation.

The first proposal [Closed May, 28] to break the seal was submitted by former Maker dev and community member Andy8052. He advocated for launching on the Arbitrum rollup to allow Uniswap to better serve users across various EVM compatible networks. While this might seem like a no brainer, there are a few reasons why this was far from assured.

https://www.withtally.com

Uniswap v3 Calculator Released: This new tool from Flipside Crypto allows users to input a bunch of different parameters to calculate different v3 LP outcomes.

Uniswap Proposal #4 Passes: an official Uniswap governance proposal was passed lowering the proposal submission threshold (the amount of UNI that needs to be staked to an address making a governance proposal) from 10 million UNI to 2.5 million.

Closed proposals

  • [UNISWAP-4] Reduce the UNI proposal submission threshold to 2.5M [Meta-Governance] [Closed Jun 9: Read the proposal]
  • IIP-45: Delegation of FLI Parameter Changes [Product/Parameter Change] [Closed Jun 5: Read the proposal]
  • Consensus Check — Funding a Political Defense of DeFi [Treasury/Strategy] [Closed Jun 6: Read the proposal]
  • Consensus Check — Donate $50M worth of UNI to Chris Blec to leave DeFi for good [Treasury] [Closed Jun 5: Read the proposal]
  • Managing Systemic Risk in Uniswap’s Community Treasury using KPI Options [Treasury] [Closed Jun 3: Read the proposal]
  • Should Uniswap lower the proposal submission threshold? [Meta/Parameter Change] [Closed Jun 5: Read the proposal]
  • Funding a Political Defense of DeFi [Treasury/Strategy] [Closed May 30: Read the proposal]
  • Deploy Uniswap v3 on Arbitrum [Strategy/Product] [Closed May 28: Read the proposal]

Ongoing Discussions

  • Funding a Political Defense of DeFi [Treasury/Strategy] [Discussion 1] [Discussion 2]
  • Temperature Check — Should we be Managing Systemic Risk in Uniswap’s Community Treasury using KPI Options [Product] [Discuss]
  • Deploy Uniswap V3 on Polygon/Matic [Product] [Discuss]
  • UNI should become an oracle token [Product/Strategy] [Discuss]
  • Building Uniswap’s Moat: Attracting Non-DeFi Developers [Marketing] [Discuss]
  • Deploy Uniswap v3 to xDai Chain [Product] [Discuss]
  • Funding a Political Defense of DeFi [Treasury/Strategy] [Discussion 1] [Discussion 2]
  • Deploy Uniswap v3 on Arbitrum [Strategy] [Discuss]
  • Should Uniswap lower the proposal submission threshold? [Meta/Parameter Change] [Discuss]
  • Deploy Uniswap V3 on Polygon/Matic [Strategy] [Discuss]

A tool to help people manage the Uniswap v3 LP’s:

Yam Finance

Active proposals

Closed proposals

Check out the latest YIPs here.

uPUNKS will be the first NFT-focused product from Yam Synths:

Yearn Finance

Read in Yearn Finance Newsletter #36:

  • Yearn Partners Have Earned $564K
  • SEBA Bank Publishes A Report On Yearn
  • Two Hundred Yearn v2 Strategies Deployed
  • C.R.E.A.M Finance Lists Two yVault Tokens
  • MakerDAO’s Lower Stability Fees Benefit Yearn Strategies
  • Vaults At Yearn
  • Yearn Finance + Chainlink: The team opened the native LINK vault
  • An update on Curve boosts across DAOs:

Governance Open Thread — an open discussion on how to improve Yearn governance:

  • As per YIP-41 extension Yearn have 3 months to transition from the multisig to a “multi-DAO” structure or propose some other new method of governance
  • Transitioning means spreading decision-making and transaction execution powers to different groups and mechanisms
  • Options for decision making, execution, and voting are discussed.

Closed proposals

  • YIP-62: Change Two Multisig Signers: A proposal to exercise the ‘Change Multisig Signers’ power held by YFI holders as defined by Governance 2.0 in order to change two signers who have served well and rotate in fresh blood to improve signing speed. [Closed May, 29]

New & Ongoing Discussions

  • Own The Land (Eth) On Which We Operate [Finance] [Discuss]

MISC

  • DAO History/timeline:
  • An introduction to DAOs:
  • Natively Digital auction by Flamingo DAO took place:

Subscribe to Paradigm!

Medium. Twitter. Telegram. Telegram Chat. Reddit. LinkedIn.

Main Sources

Projects’ blogs and forums

Research articles

Boardroom

Snapshot

Tally

That’s all for today! Your feedback is highly appreciated!👥

Dao
Aragon
Uniswap
Gitcoin
Voting

--

--

Paradigm
Paradigm

Written by Paradigm

3.7K Followers

Help

Status

About

Careers

Press

Blog

Privacy

Terms

Text to speech

Teams