Update on what we’ve been up to between December 2023 and April 2024:
Voting
[Snapshot] Treasury Diversification & Protocol Owned Liquidity - Voted FOR
We voted in favor of the proposal during temp check, but we raised our concern that increasing the liquidity might potentially open up the DAO to a governance attack. After discussion with other delegates, we realized that the threat of a governance attack wasn’t as immediate as we calculated it to be. As a result, we also voted in favor of the proposal during the subsequent on-chain vote.
[Snapshot] Incentivize Hop AMMs on Supported and Upcoming Chains - Voted FOR
We voted in favor of the proposal during the temp check as we found it reasonable.
[Snapshot] Hop Community Moderator Compensation - Voted FOR
We voted in favor of the proposal to both retroactively reward the moderator team and establish the Lead Community Moderator role.
[Tally] Community Multisig Refill (4) - Voted FOR
In a previous vote, we mentioned that we’d only be posting a rationale in case we vote against. These multisig refill proposals are more of a procedural vote than anything that needs to be debated most of the time.
[Snapshot] Treasury Diversification for Ongoing DAO Expenses - Voted FOR
We voted in favor of the proposal while also suggesting that it’s worth investing some time and effort in creating a more holistic approach to treasury management. We also supported the proposal during the on-chain vote since there has been a working group created since the temp-check that will work on a treasury management framework.
[Snapshot] Head of DAO Operations Election - Voted FOR
There was only 1 applicant for the Head of DAO Operations role so it was more of a vote of confidence. Since we believed the role was and is needed, we voted in favor of establishing it.
[Snapshot] Renewal of Hop Delegate Incentivization Trial (Third Cycle) Voted FOR
While we voted in favor of the proposal during temp-check, we expressed our wish to see a simpler way of tracking delegates’ participation. We also believe that gas reimbursements should be denominated in ETH and not in HOP. We’d like to see those things addressed in the proposal before the on-chain vote.
Discussions
We participated in the discussion around the creation of a Treasury Management Framework (TMF) which are being led by @0xLev1. Although not financial experts, we believe our experience as professional delegates can help create in creating a TMF that reflects a DAO’s needs.
L2BEAT’s Hop Office Hours
We want to remind everyone that we host recurring Hop Office Hours on Google Meets every Friday at 3 pm UTC/ 11 am EST.
During Office Hours, you will be able to reach L2BEAT’s governance team, which consists of Kaereste (Krzysztof Urbanski) and Sinkas (Anastassis Oikonomopoulos), and discuss our activity as delegates.
The purpose of the office hours is to gather feedback from the people who have delegated to us, answer any questions in regard to our voting activities and rationale, and collect input on things you’d like us to engage in discussions about.
You can add the L2BEAT Governance Calendar in your Google Calendar to find the respective Google Meets links for every call and to easily keep track of the Office Hours, as well as other important calls and events (e.g. voting deadlines) relevant to Uniswap that L2BEAT governance team will be attending or hosting.