This will be the thread where I keep track of all off-chain and on-chain voting activity, including the rationale or motivation behind each vote I cast:
January 2024
I voted AGAINST this proposal on Tally. Echoing the sentiment from here, as increasing regulatory concerns (which are not sufficiently clear in the proposal) makes it so that establishing an OpCo and committing to it for a long time frame warrants much greater consideration.
While I recognize there are clear benefits in creating a separate legal entity, this should ideally be given a proper trial run on a smaller scale to increase its chances of passing with a proven track record of efficiency that can off balance most voters apprehensions as of today.
I will vote FOR on Tally. Overall this initiative targets the type of diversification that is aligned with the DAOs long-term objective, while also promising greater sustainability regardless of how crypto markets and tokens perform.
Timing is also perfect, so executing this in 2025 is definitely the way to go.
I voted FOR on Snapshot. This is really a no-brainer and combining both Timeboost AIP and the Nova Fee Sweep action AIP is probably the way to go.
February 2024
I will vote YES on Tally to “renew the program with $7,477,800 and 5 domains”. I am particularly keen on seeing how better methods to assess project sustainability in the long run are implemented from season 3 onward.
The program itself is a great idea, but the short or long-term viability of any grants is what we truly should use to determine its success.
I will be voting vote FOR on Snapshot. Having reviewed the Stylus’ program track record from past proposal and seeing some of the pitches, the budget allocated towards this seems quite sensitive, especially when compared to other programs whose direct benefits to the ecosystem are not as obvious.
I am particularly interested in the Ember LP optimization and its potential improvements over fees structures for all parties involved.