I’ve been a contributing member of the Ethereum community since 2015 & received a masters degree in digital currency in 2016.
As community manager for Slock.it and TheDAO, I helped form the community around TheDAO and led every angle of the crisis response effort following TheDAO Hack. I co-founded the White Hat Group, which secured the at-risk funds (10% of the total supply of ETH) during TheDAO hack and one year later rescued $210 million dollars worth of crypto assets following the Parity Multisig Hack. I also audited early versions of the Aragon and MakerDAO systems with the WHG.
In 2016 I co-founded Giveth, a crypto donation platform that radically empowers individuals and communities to affect real change in a transparent, decentralized way. I co-founded DAppNode in early 2018 and co-founded the Commons Stack in 2019. The Commons Stack’s pilot Commons, the Token Engineering Commons was launched in early 2022. We are now taking those learnings, to create a bonding curve launchpad called the Quadratic Accelerator (q/acc).
In 2021, I co-founded General Magic, a web3 design and dev studio focused on web3 impact products. I led the creation of Praise spinning it out to its own org in 2022, and am currently developing Pairwise, a novel voting system for DAOs as well as unicorn.eth a brandable wallet platform . I have contributed to dozens of other projects as well, most notably, iden3, PolygonHermez, and brightID.
I am also a top delegate for ENS, Optimism and Gitcoin and lead a crypto focused burning man camp, DECENTRAL, and helped launch it’s sister camp, BlockHaus, an art car with a steam room on top, that will be on esplanade this year
I have too much going on for sure but am supported by an awesome team of around 70 people to make all these things happen, and sometimes I lean on them for advice for governance matters.
I’m late to the game for this thread, been commenting in the forum posts and snapshot votes themselves, but now will make all communications here to make life easier on the Delegate Incentive Program organizers
Here are my past comments in the forum on various votes:
ArbitrumHub Evolution: The Next Step in Streamlining Information Access and Raising Awareness for Arbitrum DAO - Snapshot
This is an awesome project! I love the hub, I didn’t know it existed before, well done. It is gorgeous
However I have to vote no on this proposal.
1. It is way too much money for the value it can provide.
I understand that the salaries are not for individuals but instead for teams that are led by individuals… And I think its funny that we will pay multisig signers $6k for 4 hours of work a month but we push back on on this cause it’s too high of salaries for these teams… I do not agree with most people on this part, I think the price you are chargin is in the realm of fair
The problem is the impact of this website is not worth ~$1M a year.
I think the scope should be cut to be just the most high value items, then gain traction as a hub to make yourselves indispensable to the DAO’s workings and then you can charge this… But “If you build they will come” only works in the movies… It needs more traction.
2. This should go through a grant program, not through the DAO.
I feel like this process does a lot to advertise your product, but it just took 10-120 minutes from 50+ delegates to review and comment on this proposal on why it’s not worth the money and that’s not cool… That is why grant programs exist.
Multisig Support Service (MSS) Elections - Snapshot
This was a tough one… I thought about it all weekend. In the end there are A LOT of well qualified people on this list… As this is a position of trust, I mostly voted for people I have met IRL or at least on calls and have had multiple interactions with in the context of Arbitrum.
So to represent my delegation, I voted 50% for myself, and then I voted with 2.6% for all the people that I trust to execute on this critical role, with high context in Arbitrum or DAOs.
Honestly I could have voted for EVERYONE… but these are the people that each got 2.6%of my vote:
PGov
Dylan Brodeur / Limes.eth
JoJo
Sov
Puncar
Grace (Rebeca) Rachmany
Avantgarde Finance
Alex “Slobo.eth” Slobodnik
Cattin
Feems
Den Technologies Inc
Sinkas
Serious People
StableLab
Disruption Joe
Frisson
Lindsey Winder
The Block
Alex Lumley
Approval of STEP committee recommendations - Snapshot
WOW. I am really impressed with the results of STEP. This is one of the easier yes’s I have had in the DAO.
I feel a little weird about working with Blackrock and a bunch of ex-Goldman Sachs people… but i think that’s just my own anti-tradfi prejudice shining through. In reality, bringing these orgs over to Arbitrum, while also diversifying our treasury is a huge win.
The crew behind this work did a fantastic job. Let’s do this again!
Improving Predictability in Arbitrum DAO’s Operations - Snapshot
I love the idea of all votes starting on Thursday. It will make it easier for all of us to operationalize our work… I wish we could also include shutterized voting tho.
I also think making 4 delegates sign off that a proposal is ready for vote is a good idea. It worked well in Optimism.
[Non-Constitutional] - Subsidy Fund Proposal from the ADPC - Tally
One of the main barriers to entry for any cool web3 innovation is getting the audits. If we can have a clear path to giving builders an audit for their innovatie work, we get a safer ecosystem and drive innovators to our L2… seems like a no brainer!
Pilot for a Questbook Jumpstart fund for problem definition and DAO improvement - Snapshot
Vote: Against
I am pretty sure that this proposal was put to temp check just to get feedback on an initial draft. I really like this proposal’s desired outcome, but I think the approach that entropy is taking to do somewhat similar work is likely more effective.
Super small budget pilot for a venture initiative… This is a no brainer, I really want to see our DAO investing in more and more projects in the ecosystem (as opposed to just giving grants) and this work will help towards that end. Very excited to see the results.
Given they have returned the funds, and it was a lack of communication more than malicious, I would vote to NOT ban them from the DAO, but I assume the reputation damage has been done with the many delegates that have already voted to ban them.
I completely understand the person who does KYC is not always the person who needs to be notified in situations like this.
------ Initial post --------
Voting to ban them.
Given what I know so far, I would have to agree we should ban them from the DAO… to not get a response at this point is crazy! Normally I am a fan of graduated sanctions (h/t Elinor), but not returning the funds, especially given the fact that ARB is at a 50% discount is ridiculous.
Assuming that they return the ARB, I would still consider this a black mark on their team… but I wouldn’t ban the entire team from the DAO, I would want to hear their side of the story, and decide from there.
If they don’t return all the money, then we should absolute ban anyone who doesn’t resign from their company within a week of the vote ending.
Just jumped into the Furucombo chat room and saw this message from @Blazar
Entropy Advisors: Exclusively Working With Arbitrum DAO - Snapshot - Tally
I will hesitantly vote yes on this proposal.
I couldn’t agree more.
I LOVE the Entropy team, they are doing GREAT work and I would love to see them well paid. I love working with them, and I fully trust them to do what is best for our DAO.
I especially love the vesting component for this proposal.
However, I hope they scale slowly… bringing on an admin person and maybe one or max two more leaders would make sense, because, just like my fears around the ARDC, we have to be careful not to create some sort of shadow government.
I think the 100k a month for their services is well worth it, even at the size they are now!
I hope they don’t prioritize hiring too hard and stay small as long as they can, I don’t think they need to be bigger than 6 people to be an incredible force for good inside our DAO.
Change Arbitrum Expansion Program to allow deployments of new Orbit chains on any blockchain - Snapshot
Voting For
Voting for opens up:
More use cases
More developers
More funds directed to the DAO
Voting against, is a virtue signal at our own expense, don’t get me wrong, we should prioritize our work so that we are scaling ethereum, I organized the first ethereum conference in 2018 (ScalingNow), I am here to help scale ethereum, but I also value inclusion and I trust OCL and the Foundation to prioritize Ethereum focused projects.
Comment:
Coinflip has been involved in Arbitrum DAO from the beginning and has been an active leader in almost every Arbitrum DAO initiatives, such as grants, incentives, and investment programs. He has the experience and skills that make him well-suited to drive the success of the GCP and I trust him to help build a model for future similar initiatives.
David has led the gaming division at Offchain Labs for over 2 years, and as Gaming Partnerships Lead at Offchain Labs, he has a deep understanding of what’s happening with games in the Arbitrum ecosystem. His extensive experience and profound knowledge of the gaming ecosystem position him as a key asset for the GCP Council.
Greg has over 20 years of experience in the gaming industry. Combined with his familiarity with strategic roles, product management, and business operations at leading companies, this makes him a great candidate for the GCP Council.
These are three great improvements and very welcome. The switch to fee routers is great, simpler is better. It’s great that the new pre-compile will make for a better UX and better security (VERY RARE). And Stylus has been in the works forever, lets push it out!
ARB Staking: Unlock ARB Utility and Align Governance - Snapshot
Voted FOR. Excited to open doors for more ARB utility, and the funding ask is reasonable.
Transparency and Standardized Metrics for Orbit Chains - Snapshot
Voted Against. I think we should reduce spending and we can do without this for now. In general we are overspending as a DAO so i will default to no for most of these kinds of spending requests.
Voted Against. I think we should reduce spending and we can do without this for now. I love this project, but as i said in the above comment, we are overspending as a DAO so i will default to no for most of these kinds of spending requests.
Proposal to Temporary Extend Delegate Incentive System - Snapshot
The delegate incentive program has worked for me. I am much more engaged in the DAO because of it. It is critical for the DAO to incentivize it’s key decision makers to work in it’s interest as opposed to outside interests.
Despite the fact that conflict of interest is inherent in this proposal, it is across all delegates, and I think it is ok to vote “FOR” the extension.
I am in “FAVOR” of this proposal. The last few conferences, a lot of interesting ideas came out of these irl discussions, I can’t make the first day, but would be able to make the rest of the days, and would attend.
I hope there are some recorded sessions too and we can capitalize on the IRL time together for marketing reasons beyond what is stated in the proposal.
An (EIP-4824 powered) daoURI for the Arbitrum DAO - Snapshot
I’m Voting FOR this proposal.
Despite not following the traditional forum protocol, I think its a great proposal, it costs no money directly, it just requires the foundation to add some data to their ENS handle. The DAOstar/Metagov crew work tirelessly to bring these standards to the DAO space, it is very thankless work. I am a huge fan.
IMO, all of us voting no on this and then forcing them to repost again IMO is a waste of everyone’s time and a bad reason to vote against.