Profile of MichaelAtBoardroom in Optimism
Posts by MichaelAtBoardroom
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: Aug. 4, 2022, 6:45 p.m.
Content: Thanks just sent over a DM!
Likes: 0
Replies: 0
No likes yet.
No replies yet.
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: Aug. 1, 2022, 4:56 p.m.
Content: Thanks again for all the comments and support, responding to remaining questions below. rasmuky: Is there a good place to see the undelegated vs delegated mix of tokens over time? Yes, the share of delegated tokens over time has slightly declined over the past month. Take a look at this Dune for more details: https://dune.com/optimismfnd/optimism-op-token-house 2 ScaleWeb 3 : PS: Please redelegate from our current delegate account ScaleWeb 3 .eth to Superdelegate.eth ! @MichaelAtBoardroom would very much appreciate if you could also change our delegate address :slight_smile: Thanks, and done. polynya: I hope part of the 20 % is also used to raise awareness and make sure all OP holders know your platform exists and there are incentives for them to participate in delegation. Yes we plan to market the incentives program to the Optimism community via a marketing push once incentives go live!
Likes: 1
Replies: 0
No replies yet.
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: July 18, 2022, 8:39 p.m.
Content: OPUser: Could you please help me with line? why only to those addresses that havent moved yet ? What would be a problem if you allow everyone ? like any new user buying token from market and delegate it ? We are solving for users potentially sybil-ing the distribution (e.g. users moving their OP to new wallets, to redelegate and claim the reward). By only allowing addresses that have not moved tokens during the campaign, we prevent this type of exploit. Happy to incorporate a different mechanism if you have any suggestions! jackanorak: @MichaelAtBoardroom - why do you need 20 k for an analyst to maintain these pages, though? Relatively speaking this seems like a modest amount, just trying to get a sense of what the requirements here are. Of course, thanks for the question. The analyst will be scraping delegate pitches from forums, maintaining and QAing profiles, getting in touch with large delegates to ensure profile accuracy, and creating content on Optimism governance and delegation to feature alongside the Delegate Discovery page.
Likes: 3
Replies: 0
No replies yet.
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: July 18, 2022, 4:39 p.m.
Content:
OPUser:
Could you please help me with line? why only to those addresses that havent moved yet ? What would be a problem if you allow everyone ? like any new user buying token from market and delegate it ?
We are solving for users potentially sybil-ing the distribution (e.g. users moving their OP to new wallets, to redelegate and claim the reward). By only allowing addresses that have not moved tokens during the campaign, we prevent this type of exploit. Happy to incorporate a different mechanism if you have any suggestions!
jackanorak:
@MichaelAtBoardroom - why do you need 20 k for an analyst to maintain these pages, though? Relatively speaking this seems like a modest amount, just trying to get a sense of what the requirements here are.
Of course, thanks for the question. The analyst will be scraping delegate pitches from forums, maintaining and QAing profiles, getting in touch with large delegates to ensure profile accuracy, and creating content on Optimism governance and delegation to feature alongside the Delegate Discovery page.
Likes: 3
Replies: 0
No replies yet.
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: July 15, 2022, 4:49 p.m.
Content: Thanks all for the comments thus far. Addressing concerns flagged, below: OPUser: I do believe we can use already existing tool for delegate or re-delegate. Optimism Gateway The Optimism Gateway is a fantastic tool, and while the basic functionality of surfacing delegates is similar between the two, there are a few differences where Boardroom Delegate Discovery adds values. Delegate Discovery users can view delegate voter and proposal history (as well as view delegate pitches), Optimism Gateway only surfaces a delegate pitch, but doesn’t seem to show any on- or off-chain governance history to help contextualize a delegate’s decision making Delegate Discovery users can explore a delegate’s governance decisions on other protocols to inform their decisions (roughly half of the top 20 OP delegates by voting power are also active delegates in other protocols or chains) OPUser: And related to other function of your application, they are really cool but it does not require interaction with the chain, all we need is a wallet and i can use your platform, on any chain. Does this explanation help ? Outside of delegation, the dashboard interacts onchain to allow wallet-connected users to vote on proposals, which is why we currently only have DAOs on ETH and Optimism integrated at the moment, as these are the only chains we support. OPUser: One question suggestion which others might ask, 80 % will be distributed to users using the platform to delegate or re-delegate, how are they planning to stop the miss use of this, one transaction will cost $ 0 . 10 - 0 . 20 and reward for each change would be 271 OP. You see, its easy for me just run a script and keep calling the smart contract or even automate the UI. $ 0 . 20 to spend and $ 100 as reward. Is there any limit how many time a user can do this ? We plan to prevent misuse of the incentive by ensuring that a minimum of 271 OP tokens from a unique address are re/delegated to be eligible for the distribution, as long as the tokens haven’t been moved wallets since the start of the campaign. The exploit you outlined above would not be feasible because a unique address could only receive the distribution once. If the exploit above was slightly modified so that a user tried to move funds to a new wallet and then redelegate, they would also not receive a distribution either because only tokens “that have not moved wallets since the start of the campaign” are eligible.
Likes: 3
Replies: 0
No replies yet.
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: July 15, 2022, 12:49 p.m.
Content: Thanks all for the comments thus far. Addressing concerns flagged, below:
OPUser:
I do believe we can use already existing tool for delegate or re-delegate. Optimism Gateway
The Optimism Gateway is a fantastic tool, and while the basic functionality of surfacing delegates is similar between the two, there are a few differences where Boardroom Delegate Discovery adds values.
Delegate Discovery users can view delegate voter and proposal history (as well as view delegate pitches), Optimism Gateway only surfaces a delegate pitch, but doesn’t seem to show any on- or off-chain governance history to help contextualize a delegate’s decision making
Delegate Discovery users can explore a delegate’s governance decisions on other protocols to inform their decisions (roughly half of the top 20 OP delegates by voting power are also active delegates in other protocols or chains)
OPUser:
And related to other function of your application, they are really cool but it does not require interaction with the chain, all we need is a wallet and i can use your platform, on any chain. Does this explanation help ?
Outside of delegation, the dashboard interacts onchain to allow wallet-connected users to vote on proposals, which is why we currently only have DAOs on ETH and Optimism integrated at the moment, as these are the only chains we support.
OPUser:
One question suggestion which others might ask,
80 % will be distributed to users using the platform to delegate or re-delegate, how are they planning to stop the miss use of this, one transaction will cost $ 0 . 10 - 0 . 20 and reward for each change would be 271 OP. You see, its easy for me just run a script and keep calling the smart contract or even automate the UI. $ 0 . 20 to spend and $ 100 as reward. Is there any limit how many time a user can do this ?
We plan to prevent misuse of the incentive by ensuring that a minimum of 271 OP tokens from a unique address are re/delegated to be eligible for the distribution, as long as the tokens haven’t been moved wallets since the start of the campaign.
The exploit you outlined above would not be feasible because a unique address could only receive the distribution once. If the exploit above was slightly modified so that a user tried to move funds to a new wallet and then redelegate, they would also not receive a distribution either because only tokens “that have not moved wallets since the start of the campaign” are eligible.
Likes: 3
Replies: 0
No replies yet.
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: July 14, 2022, 7:22 p.m.
Content: Project Name: Boardroom Author Name: Michael at Boardroom 30 Number of OP tokens requested: 100 , 000 OP L 2 Recipient Address: 0 xF 6 a 4475 a 006 b 28 b 9996 c 92 bEE 27 DEEDc 38032 cDe Relevant Usage Metrics: Boardroom Deployment on Optimism: June 20 , 2022 Boardroom formally deployed on Optimism on June 20 th, we will be announcing the integration week-after-next, and would ideally like to announce in conjunction with the initiative outlined below Votes on Optimism through Boardroom: 74 Unique Voters on Optimism through Boardroom: 22 Optimism alignment: Boardroom is pursuing a mission to increase delegate engagement and participation in our partner DAOs’ governance processes. Optimism Governance is now live on Boardroom.io 56 - a dashboard built to drive greater governance and delegation engagement and improve Delegate’s overall voting and management experience. OP tokenholders can now track, analyze, and vote on proposals through the Optimism Governance Page 13 for free, forever Delegates can now manage their upcoming governance votes, sign up for notifications, and track their activity through their personal Dashboard 7 Delegators can now search, filter, and delegate their voting power using the Delegate Discovery 27 page Delegates can create profiles, post delegation pitches, and display their vote and proposal history across 170 + DAOs Proposal for token distribution: A significant pain point for protocol decentralization is lack of governance engagement and more importantly, a lack of accountability for decision-makers. Delegation enables less-engaged Optimism community members to participate in governance via an active governor that represents their interests. This governance-via-proxy enables stakeholders to be represented without following a protocol’s governance minutiae, but it’s important that the small specialized minority of Delegates be transparent and accountable to the broader community. Boardroom Delegate Discovery 27 enables OP holders to track, research, and delegate to Optimism delegates. The Delegate Discovery page allows OP holders to easily find a delegate that matches and aligns with their interests: Card 1234 × 886 191 KB Optimism Delegate Discovery (Card View) List 1209 × 847 82 . 9 KB Optimism Delegate Discovery (List View) How will the OP tokens be distributed? 80 % of tokens will be distributed to OP holders that delegate or re-delegate their voting power through the Optimism Delegate Discovery page to drive awareness of delegate profiles, stats, and reputation, and increase engagement with Optimism governance. 20 % of the tokens will be used to subsidize the cost of an analyst to maintain Optimism delegate pages and pitches, as well as adjacent and relevant information about the project on the Optimism Project Page. How will this distribution incentivize usage and liquidity on Optimism? GOAL: Increase governance participation and re-delegation activity Delegation enables broader tokenholder representation in DAO governance. The token distribution will be used to incentivize delegation of voting power through the Boardroom dashboard natively on Optimism, and introduce current Boardroom users to Optimism Governance. Why will the incentivized users and liquidity remain after incentives dry up? Boardroom Delegate Discovery surface governance activities that are vital for tokenholder governance participation. Once engaged and familiarized with our products, Optimism tokenholders will continue to rely on Boardroom to vote, redelegate, and stay informed. Over what period of time will the tokens be distributed? We do not intend to set a hard timeline for $OP distribution. Instead, we plan to understand the utilization rate of the delegation rewards during the first week of deployment on Optimism, and re-assess the distribution strategy. Starting the week we receive the funding, we will be distributing a set number of tokens to unique addresses that delegate or re-delegate a minimum of 271 OP tokens, so long as the tokens haven’t moved wallets since the start of the campaign. Based on utilization from this week, we will have clearer guidance on the full distribution timeline. How much will your project match in co-incentives? We will not be able to provide co-incentives as Boardroom does not have a token
Likes: 8
Replies: 1
Replies:
- Prometheus: OPUser:
You see, its easy for me just run a script and keep calling the smart contract or even automate the UI. $0.20 to spend and $100 as reward. Is there any limit how many time a user can do this ?
I guess the answer is:
MichaelAtBoardroom:
We do not intend to set a hard timeline for $OP distribution. Instead, we plan to understand the utilization rate of the delegation rewards during the first week of deployment on Optimism, and re-assess the distribution strategy.
Starting the week we receive the funding, we will be distributing a set number of tokens to unique addresses that delegate or re-delegate a minimum of 271 OP tokens, so long as the tokens haven’t moved wallets since the start of the campaign. Based on utilization from this week, we will have clearer guidance on the full distribution timeline.
To be fair, I assume people may not even get rewards more than once (who knows for sure since rules can change over time). Anyway, 80k OP for this main goal, doesn’t look so bad to me:
MichaelAtBoardroom:
GOAL: Increase governance participation and re-delegation activity
That said, I always delegate to myself so I’m not even a candidate user or delegate for this platform/service but It can be something interesting to explore. Not exactly sure, what I’m sure is that we need to be careful with metrics and the meaning they have. Not everything relevant to a network happens on-chain, much of the off-chain participation/activity can be as much (or more) relevant.
-
[READY] [GF: Phase 1 Proposal] Boardroom
by MichaelAtBoardroom - No Role
Posted on: July 14, 2022, 3:22 p.m.
Content: Project Name: Boardroom
Author Name: Michael at Boardroom
Number of OP tokens requested: 100 , 000 OP
L 2 Recipient Address: 0 xF 6 a 4475 a 006 b 28 b 9996 c 92 bEE 27 DEEDc 38032 cDe
Relevant Usage Metrics:
Boardroom Deployment on Optimism: June 20 , 2022
Boardroom formally deployed on Optimism on June 20 th, we will be announcing the integration week-after-next, and would ideally like to announce in conjunction with the initiative outlined below
Votes on Optimism through Boardroom: 74
Unique Voters on Optimism through Boardroom: 22
Optimism alignment:
Boardroom is pursuing a mission to increase delegate engagement and participation in our partner DAOs’ governance processes. Optimism Governance is now live on Boardroom.io - a dashboard built to drive greater governance and delegation engagement and improve Delegate’s overall voting and management experience.
OP tokenholders can now track, analyze, and vote on proposals through the Optimism Governance Page for free, forever
Delegates can now manage their upcoming governance votes, sign up for notifications, and track their activity through their personal Dashboard
Delegators can now search, filter, and delegate their voting power using the Delegate Discovery page
Delegates can create profiles, post delegation pitches, and display their vote and proposal history across 170 + DAOs
Proposal for token distribution:
A significant pain point for protocol decentralization is lack of governance engagement and more importantly, a lack of accountability for decision-makers. Delegation enables less-engaged Optimism community members to participate in governance via an active governor that represents their interests. This governance-via-proxy enables stakeholders to be represented without following a protocol’s governance minutiae, but it’s important that the small specialized minority of Delegates be transparent and accountable to the broader community.
Boardroom Delegate Discovery enables OP holders to track, research, and delegate to Optimism delegates. The Delegate Discovery page allows OP holders to easily find a delegate that matches and aligns with their interests:
Card 1234 × 886 191 KB
Optimism Delegate Discovery (Card View)
List 1209 × 847 82 . 9 KB
Optimism Delegate Discovery (List View)
How will the OP tokens be distributed?
80 % of tokens will be distributed to OP holders that delegate or re-delegate their voting power through the Optimism Delegate Discovery page to drive awareness of delegate profiles, stats, and reputation, and increase engagement with Optimism governance.
20 % of the tokens will be used to subsidize the cost of an analyst to maintain Optimism delegate pages and pitches, as well as adjacent and relevant information about the project on the Optimism Project Page.
How will this distribution incentivize usage and liquidity on Optimism?
GOAL: Increase governance participation and re-delegation activity
Delegation enables broader tokenholder representation in DAO governance. The token distribution will be used to incentivize delegation of voting power through the Boardroom dashboard natively on Optimism, and introduce current Boardroom users to Optimism Governance.
Why will the incentivized users and liquidity remain after incentives dry up?
Boardroom Delegate Discovery surface governance activities that are vital for tokenholder governance participation. Once engaged and familiarized with our products, Optimism tokenholders will continue to rely on Boardroom to vote, redelegate, and stay informed.
Over what period of time will the tokens be distributed?
We do not intend to set a hard timeline for $OP distribution. Instead, we plan to understand the utilization rate of the delegation rewards during the first week of deployment on Optimism, and re-assess the distribution strategy.
Starting the week we receive the funding, we will be distributing a set number of tokens to unique addresses that delegate or re-delegate a minimum of 271 OP tokens, so long as the tokens haven’t moved wallets since the start of the campaign. Based on utilization from this week, we will have clearer guidance on the full distribution timeline.
How much will your project match in co-incentives?
We will not be able to provide co-incentives as Boardroom does not have a token
Likes: 8
Replies: 1
Replies:
- Prometheus: OPUser:
You see, its easy for me just run a script and keep calling the smart contract or even automate the UI. $0.20 to spend and $100 as reward. Is there any limit how many time a user can do this ?
I guess the answer is:
MichaelAtBoardroom:
We do not intend to set a hard timeline for $OP distribution. Instead, we plan to understand the utilization rate of the delegation rewards during the first week of deployment on Optimism, and re-assess the distribution strategy.
Starting the week we receive the funding, we will be distributing a set number of tokens to unique addresses that delegate or re-delegate a minimum of 271 OP tokens, so long as the tokens haven’t moved wallets since the start of the campaign. Based on utilization from this week, we will have clearer guidance on the full distribution timeline.
To be fair, I assume people may not even get rewards more than once (who knows for sure since rules can change over time). Anyway, 80k OP for this main goal, doesn’t look so bad to me:
MichaelAtBoardroom:
GOAL: Increase governance participation and re-delegation activity
That said, I always delegate to myself so I’m not even a candidate user or delegate for this platform/service but It can be something interesting to explore. Not exactly sure, what I’m sure is that we need to be careful with metrics and the meaning they have. Not everything relevant to a network happens on-chain, much of the off-chain participation/activity can be as much (or more) relevant.