Profile of langers in Optimism

Posts by langers

• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: Aug. 4, 2022, 10:58 p.m.
  Content: Hey @lavande I will give you an email, thanks!
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: Aug. 4, 2022, 6:58 p.m.
  Content: Hey @lavande I will give you an email, thanks!
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: July 19, 2022, 1:48 a.m.
  Content: Thank you everyone for their feedback. We have taken on board the feedback and discussed at great length with our community. We have decided to: Not provide co-incentives Because of this we will be reducing our application to 600 k rather than 1 mil Review the liquidity allocations We have chosen to allocate $OP to Balancer/BeethovenX and Velodrome because we feel these options give us the best chance of long-term sustainable liquidity on Optimism. Balancer/BeethovenX is also best suited technically to how rETH works - because of its metastable pool feature. We look forward to bringing value to Optimism. This grant will go a long way to developing the liquidity required for integrations and thus rETH utility on Optimism.
  Likes: 5 Replies: 1
  Likers: halzen, solarcurve, hexagenia, joxes, lefterisjp
  Replies:

  • lefterisjp: I am going to be voting yes on your proposal. Pros took on the feedback from the delegates and adjusted the proposal down to 600k OP tokens Rocketpool is a very good project, that tries to promote decentralized non-custodial staking. opensource Cons Lack of co-incentives, but I find the explanation on the why (no budget for it) sufficient. And really appreciate the transparency.
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: July 18, 2022, 9:48 p.m.
  Content: Thank you everyone for their feedback. We have taken on board the feedback and discussed at great length with our community. We have decided to: Not provide co-incentives Because of this we will be reducing our application to 600 k rather than 1 mil Review the liquidity allocations We have chosen to allocate $OP to Balancer/BeethovenX and Velodrome because we feel these options give us the best chance of long-term sustainable liquidity on Optimism. Balancer/BeethovenX is also best suited technically to how rETH works - because of its metastable pool feature. We look forward to bringing value to Optimism. This grant will go a long way to developing the liquidity required for integrations and thus rETH utility on Optimism.
  Likes: 5 Replies: 1
  Likers: halzen, solarcurve, Hexagenia, Joxes, lefterisjp
  Replies:

  • lefterisjp: I am going to be voting yes on your proposal. Pros took on the feedback from the delegates and adjusted the proposal down to 600k OP tokens Rocketpool is a very good project, that tries to promote decentralized non-custodial staking. opensource Cons Lack of co-incentives, but I find the explanation on the why (no budget for it) sufficient. And really appreciate the transparency.
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: June 29, 2022, 4:35 a.m.
  Content: panukresko: Highly appraise the project and the role it has in PoS. That said (and same applies to Lido proposal) - wouldn’t it make more sense to just incentivize majority to Curve LP’s and rest to USDC with a longer distribution? I do not understand the need for other pools, with the exception of rETH/wstETH. Thank you for the feed back @panukresko The primary goal is to develop liquidity for integrations further enriching the Optimism ecosystem but a secondary goal is to establish rETH as a base pairing within the ecosystem.
  Likes: 1 Replies: 0
  Likers: skaha
  No replies yet.
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: June 29, 2022, 12:35 a.m.
  Content: panukresko: Highly appraise the project and the role it has in PoS. That said (and same applies to Lido proposal) - wouldn’t it make more sense to just incentivize majority to Curve LP’s and rest to USDC with a longer distribution? I do not understand the need for other pools, with the exception of rETH/wstETH. Thank you for the feed back @panukresko The primary goal is to develop liquidity for integrations further enriching the Optimism ecosystem but a secondary goal is to establish rETH as a base pairing within the ecosystem.
  Likes: 1 Replies: 0
  Likers: Skaha
  No replies yet.
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: June 28, 2022, 3:53 a.m.
  Content: [GF: Phase 1 ] Rocket Pool Incentive Proposal Project Name: Rocket Pool 42 Author Name: halzen, langers (GM of Rocket Pool) Number of OP tokens requested: 600 , 000 L 2 Recipient Address: TBD Multi-sig Relevant Usage Metrics: (TVL, transactions, volume, unique addresses, etc.) For general metrics: Defi Llama: https://defillama.com/protocol/rocket-pool?denomination=ETH Etherscan (rETH): https://etherscan.io/token/ 0 xae 78736 cd 615 f 374 d 3085123 a 210448 e 74 fc 6393 Rocketscan: https://rocketscan.io/ MakerDAO’s in-depth analysis of Rocket Pool: The Maker Forum – 20 May 22 [rETH] Collateral Onboarding Risk Evaluation 15 Legal Disclaimer: This communication is provided for information purposes only. The views expressed here are those of the individual quoted or who present said materials and are not the views of Maker Foundation (“Maker”) or its affiliates. This... Reading time: 12 mins ? Likes: 34 ❤ Optimism Alignment: Rocket Pool facilitates liquid staking, and the ability to become a node operator with less than 32 ETH, without compromising on Ethereum’s core values. Rocket Pool is open source, decentralised, permissionless, client diverse, and non-custodial. Node Operators: The Rocket Pool protocol currently has 1 , 261 permissionless node operators, making it the most decentralised liquid staking protocol. rETH stakers: Liquid stakers deposit ETH into Rocket Pool and receive rETH in return. In the event of a slashing, the node operator’s 16 ETH, and then their RPL collateral are penalised first, to protect rETH holders from this risk. Benefits: In light of recent discussions regarding self-limiting of staking pools above a certain threshold of staked ETH market share ( 15 %, 22 %, 33 %), it is net positive to promote the growth of a decentralised liquid staking protocol below this threshold level. Promoting rETH liquidity on Layer 2 provides users with access to a liquid staking derivative (LSD) for ETH whilst also maintaining and supporting the decentralisation and security of Ethereum, and thus also Optimism. It further democratises access to ETH staking, by providing opportunity for users that cannot afford the transaction fees necessary to acquire rETH on Layer 1 mainnet. Proposal for token distribution: OP tokens will be utilised to incentivise adoption of rETH across the Optimism Layer 2 ecosystem through a targeted liquidity mining program. How will the OP tokens be distributed? rETH liquidity should primarily be targeted against ETH, in addition to the other major trading pairs on Optimism. Accordingly, we propose the following allocation of $OP for liquidity mining rewards: 70 % $OP - A main Balancer/BeethovenX rETH/WETH pool 30 % $OP - Velodrome rETH/WETH pair How will this distribution incentivize usage and liquidity on Optimism? Liquidity for LSD’s is fundamental to achieving adoption, volume and TVL in the context of rETH liquidity pools on decentralised exchanges, and also to drive growth in other applications that integrate with rETH, and Optimism as a network. There is already 1 , 387 rETH on Optimism, and it is well positioned to incentivise further adoption. Additionally: The ecosystem is becoming increasingly aware of the issues of centralisation, lack of client diversity, and concentration of staked ETH among a small number of staking providers. Increasing liquidity for rETH will attract users to Optimism, as it will provide an affordable route to access a decentralised liquid staked ETH token. Liquid staking derivatives are an essential money lego in any DeFi ecosystem, and promoting rETH liquidity increases the utility of Optimism applications for end users. rETH demand and adoption is growing, including recent integrations with Ribbon finance, and the final stages of integration with MakerDAO as a collateral option. We anticipate demand will continue to grow, and incentivising liquidity on Optimism will allow Optimism to capture this growth too. Why will the incentivized users and liquidity remain after incentives dry up? Liquidity begets liquidity. The promotion of rETH liquidity on Optimism facilitates the possibility of further integrations, which create new usecases that drive further demand for rETH within the ecosystem and continue to promote liquidity. This has been evident on layer 1 mainnet, where current integrations are now being approved following the increased liquidity of rETH. We expect the incentivised liquidity to accelerate integrations which will allow rETH to be used as collateral in lending protocols, and as a yield bearing token in LP positions and other money legos in the defi ecosystem. The inherent staking yield for rETH means it is well positioned to sustain demand, and foster ongoing sticky liquidity and TVL on Optimism. Over what period of time will the tokens be distributed? The OP tokens allocated will be distributed over a 6 month period, commencing two weeks after the allocation of $OP grant tokens. How much will your project match in co-incentives? A Rocket Pool governance vote will be raised shortly to determine whether co-incentives will be issued from the Rocket Pool treasury.
  Likes: 30 Replies: 1
  Likers: polynya, halzen, hexagenia, chicco, 0xmiami.eth, blairdrop.eth, solarcurve, rustboot.eth, skaha, minimalgravitas, opuser, profish, thefallenone, prometheus, 0xweston, olawalesh2, mark, anil2878, cwhinfrey, bobbay_stablelab, kevster.eth, opete, empera22r, yolo, mrjonathan, qingse, lvlojei, the-cryptopian, etherealcrypto, mon
  Replies:

  • Joxes: Hi @langers I was thinking a more about this proposal considering potential rejection due to high amount. Joxes: How about being a bit more meticulous (both RocketPool and OP governance) about reducing the amount of OP tokens (lets say 500k) and keeping the same expected period (6 months) Now I believe reducing amount to (by example) 600k in a time lapse of 4 month, this would be enough to later push for a next (2nd) proposal to focus on lending vaults, and continue with the appropriate growth. Let us know what do you think. langers: 35% $OP - An Uniswap v3 rETH/USDC pool Can you clarify if there is any particular strategy in which you plan to carry this out?
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: June 27, 2022, 11:53 p.m.
  Content: [GF: Phase 1 ] Rocket Pool Incentive Proposal Project Name: Rocket Pool 43 Author Name: halzen, langers (GM of Rocket Pool) Number of OP tokens requested: 600 , 000 L 2 Recipient Address: TBD Multi-sig Relevant Usage Metrics: (TVL, transactions, volume, unique addresses, etc.) For general metrics: Defi Llama: https://defillama.com/protocol/rocket-pool?denomination=ETH Etherscan (rETH): https://etherscan.io/token/ 0 xae 78736 cd 615 f 374 d 3085123 a 210448 e 74 fc 6393 Rocketscan: https://rocketscan.io/ MakerDAO’s in-depth analysis of Rocket Pool: The Maker Forum – 20 May 22 [rETH] Collateral Onboarding Risk Evaluation 17 Legal Disclaimer: This communication is provided for information purposes only. The views expressed here are those of the individual quoted or who present said materials and are not the views of Maker Foundation (“Maker”) or its affiliates. This... Reading time: 12 mins ? Likes: 34 ❤ Optimism Alignment: Rocket Pool facilitates liquid staking, and the ability to become a node operator with less than 32 ETH, without compromising on Ethereum’s core values. Rocket Pool is open source, decentralised, permissionless, client diverse, and non-custodial. Node Operators: The Rocket Pool protocol currently has 1 , 261 permissionless node operators, making it the most decentralised liquid staking protocol. rETH stakers: Liquid stakers deposit ETH into Rocket Pool and receive rETH in return. In the event of a slashing, the node operator’s 16 ETH, and then their RPL collateral are penalised first, to protect rETH holders from this risk. Benefits: In light of recent discussions regarding self-limiting of staking pools above a certain threshold of staked ETH market share ( 15 %, 22 %, 33 %), it is net positive to promote the growth of a decentralised liquid staking protocol below this threshold level. Promoting rETH liquidity on Layer 2 provides users with access to a liquid staking derivative (LSD) for ETH whilst also maintaining and supporting the decentralisation and security of Ethereum, and thus also Optimism. It further democratises access to ETH staking, by providing opportunity for users that cannot afford the transaction fees necessary to acquire rETH on Layer 1 mainnet. Proposal for token distribution: OP tokens will be utilised to incentivise adoption of rETH across the Optimism Layer 2 ecosystem through a targeted liquidity mining program. How will the OP tokens be distributed? rETH liquidity should primarily be targeted against ETH, in addition to the other major trading pairs on Optimism. Accordingly, we propose the following allocation of $OP for liquidity mining rewards: 70 % $OP - A main Balancer/BeethovenX rETH/WETH pool 30 % $OP - Velodrome rETH/WETH pair How will this distribution incentivize usage and liquidity on Optimism? Liquidity for LSD’s is fundamental to achieving adoption, volume and TVL in the context of rETH liquidity pools on decentralised exchanges, and also to drive growth in other applications that integrate with rETH, and Optimism as a network. There is already 1 , 387 rETH on Optimism, and it is well positioned to incentivise further adoption. Additionally: The ecosystem is becoming increasingly aware of the issues of centralisation, lack of client diversity, and concentration of staked ETH among a small number of staking providers. Increasing liquidity for rETH will attract users to Optimism, as it will provide an affordable route to access a decentralised liquid staked ETH token. Liquid staking derivatives are an essential money lego in any DeFi ecosystem, and promoting rETH liquidity increases the utility of Optimism applications for end users. rETH demand and adoption is growing, including recent integrations with Ribbon finance, and the final stages of integration with MakerDAO as a collateral option. We anticipate demand will continue to grow, and incentivising liquidity on Optimism will allow Optimism to capture this growth too. Why will the incentivized users and liquidity remain after incentives dry up? Liquidity begets liquidity. The promotion of rETH liquidity on Optimism facilitates the possibility of further integrations, which create new usecases that drive further demand for rETH within the ecosystem and continue to promote liquidity. This has been evident on layer 1 mainnet, where current integrations are now being approved following the increased liquidity of rETH. We expect the incentivised liquidity to accelerate integrations which will allow rETH to be used as collateral in lending protocols, and as a yield bearing token in LP positions and other money legos in the defi ecosystem. The inherent staking yield for rETH means it is well positioned to sustain demand, and foster ongoing sticky liquidity and TVL on Optimism. Over what period of time will the tokens be distributed? The OP tokens allocated will be distributed over a 6 month period, commencing two weeks after the allocation of $OP grant tokens. How much will your project match in co-incentives? A Rocket Pool governance vote will be raised shortly to determine whether co-incentives will be issued from the Rocket Pool treasury.
  Likes: 28 Replies: 1
  Likers: polynya, halzen, Hexagenia, chicco, 0xmiami.eth, blairforce.eth, solarcurve, rustboot.eth, Skaha, MinimalGravitas, OPUser, profish, TheFallenOne, Prometheus, 0xWeston, Olawalesh2, Mark, Anil2878, cwhinfrey, Bobbay_StableLab, kevster.eth, OPETE, empera22r, YoLo, MrJonathan, lvlojei, Etherealcrypto, Mon
  Replies:

  • Joxes: Hi @langers I was thinking a more about this proposal considering potential rejection due to high amount. Joxes: How about being a bit more meticulous (both RocketPool and OP governance) about reducing the amount of OP tokens (lets say 500k) and keeping the same expected period (6 months) Now I believe reducing amount to (by example) 600k in a time lapse of 4 month, this would be enough to later push for a next (2nd) proposal to focus on lending vaults, and continue with the appropriate growth. Let us know what do you think. langers: 35% $OP - An Uniswap v3 rETH/USDC pool Can you clarify if there is any particular strategy in which you plan to carry this out?
• [Ready] [GF: Phase 1] Rocket Pool by langers - No Role
  Posted on: June 27, 2022, 11:53 p.m.
  Content: [GF: Phase 1 ] Rocket Pool Incentive Proposal Project Name: Rocket Pool Author Name: halzen, langers (GM of Rocket Pool) Number of OP tokens requested: 600 , 000 L 2 Recipient Address: TBD Multi-sig Relevant Usage Metrics: (TVL, transactions, volume, unique addresses, etc.) For general metrics: Defi Llama: https://defillama.com/protocol/rocket-pool?denomination=ETH Etherscan (rETH): https://etherscan.io/token/ 0 xae 78736 cd 615 f 374 d 3085123 a 210448 e 74 fc 6393 Rocketscan: https://rocketscan.io/ MakerDAO’s in-depth analysis of Rocket Pool: The Maker Forum – 20 May 22 [rETH] Collateral Onboarding Risk Evaluation Legal Disclaimer: This communication is provided for information purposes only. The views expressed here are those of the individual quoted or who present said materials and are not the views of Maker Foundation (“Maker”) or its affiliates. This... Reading time: 12 mins ? Likes: 34 ❤ Optimism Alignment: Rocket Pool facilitates liquid staking, and the ability to become a node operator with less than 32 ETH, without compromising on Ethereum’s core values. Rocket Pool is open source, decentralised, permissionless, client diverse, and non-custodial. Node Operators: The Rocket Pool protocol currently has 1 , 261 permissionless node operators, making it the most decentralised liquid staking protocol. rETH stakers: Liquid stakers deposit ETH into Rocket Pool and receive rETH in return. In the event of a slashing, the node operator’s 16 ETH, and then their RPL collateral are penalised first, to protect rETH holders from this risk. Benefits: In light of recent discussions regarding self-limiting of staking pools above a certain threshold of staked ETH market share ( 15 %, 22 %, 33 %), it is net positive to promote the growth of a decentralised liquid staking protocol below this threshold level. Promoting rETH liquidity on Layer 2 provides users with access to a liquid staking derivative (LSD) for ETH whilst also maintaining and supporting the decentralisation and security of Ethereum, and thus also Optimism. It further democratises access to ETH staking, by providing opportunity for users that cannot afford the transaction fees necessary to acquire rETH on Layer 1 mainnet. Proposal for token distribution: OP tokens will be utilised to incentivise adoption of rETH across the Optimism Layer 2 ecosystem through a targeted liquidity mining program. How will the OP tokens be distributed? rETH liquidity should primarily be targeted against ETH, in addition to the other major trading pairs on Optimism. Accordingly, we propose the following allocation of $OP for liquidity mining rewards: 70 % $OP - A main Balancer/BeethovenX rETH/WETH pool 30 % $OP - Velodrome rETH/WETH pair How will this distribution incentivize usage and liquidity on Optimism? Liquidity for LSD’s is fundamental to achieving adoption, volume and TVL in the context of rETH liquidity pools on decentralised exchanges, and also to drive growth in other applications that integrate with rETH, and Optimism as a network. There is already 1 , 387 rETH on Optimism, and it is well positioned to incentivise further adoption. Additionally: The ecosystem is becoming increasingly aware of the issues of centralisation, lack of client diversity, and concentration of staked ETH among a small number of staking providers. Increasing liquidity for rETH will attract users to Optimism, as it will provide an affordable route to access a decentralised liquid staked ETH token. Liquid staking derivatives are an essential money lego in any DeFi ecosystem, and promoting rETH liquidity increases the utility of Optimism applications for end users. rETH demand and adoption is growing, including recent integrations with Ribbon finance, and the final stages of integration with MakerDAO as a collateral option. We anticipate demand will continue to grow, and incentivising liquidity on Optimism will allow Optimism to capture this growth too. Why will the incentivized users and liquidity remain after incentives dry up? Liquidity begets liquidity. The promotion of rETH liquidity on Optimism facilitates the possibility of further integrations, which create new usecases that drive further demand for rETH within the ecosystem and continue to promote liquidity. This has been evident on layer 1 mainnet, where current integrations are now being approved following the increased liquidity of rETH. We expect the incentivised liquidity to accelerate integrations which will allow rETH to be used as collateral in lending protocols, and as a yield bearing token in LP positions and other money legos in the defi ecosystem. The inherent staking yield for rETH means it is well positioned to sustain demand, and foster ongoing sticky liquidity and TVL on Optimism. Over what period of time will the tokens be distributed? The OP tokens allocated will be distributed over a 6 month period, commencing two weeks after the allocation of $OP grant tokens. How much will your project match in co-incentives? A Rocket Pool governance vote will be raised shortly to determine whether co-incentives will be issued from the Rocket Pool treasury.
  Likes: 28 Replies: 1
  Likers: polynya, halzen, Hexagenia, chicco, 0xmiami.eth, blairforce.eth, solarcurve, rustboot.eth, Skaha, MinimalGravitas, OPUser, profish, TheFallenOne, Prometheus, 0xWeston, Olawalesh2, Mark, Anil2878, cwhinfrey, Bobbay_StableLab, kevster.eth, OPETE, empera22r, YoLo, MrJonathan, lvlojei, Etherealcrypto, Mon
  Replies:

  • Joxes: Hi @langers I was thinking a more about this proposal considering potential rejection due to high amount. Joxes: How about being a bit more meticulous (both RocketPool and OP governance) about reducing the amount of OP tokens (lets say 500k) and keeping the same expected period (6 months) Now I believe reducing amount to (by example) 600k in a time lapse of 4 month, this would be enough to later push for a next (2nd) proposal to focus on lending vaults, and continue with the appropriate growth. Let us know what do you think. langers: 35% $OP - An Uniswap v3 rETH/USDC pool Can you clarify if there is any particular strategy in which you plan to carry this out?