Profile of tao in Optimism

Posts by tao

• Introduction to Meta Pool DAO - launching mpETH on Optimism by tao - No Role
  Posted on: Jan. 26, 2024, 4:06 a.m.
  Content: It was a pleasure to connect! Thanks for the invitation :heart_hands: @claudioac @owocki
  Likes: 2 Replies: 0
  Likers: axlvaz, fractalvisions
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• Introduction to Meta Pool DAO - launching mpETH on Optimism by tao - No Role
  Posted on: Jan. 25, 2024, 11:06 p.m.
  Content: It was a pleasure to connect! Thanks for the invitation :heart_hands: @claudioac @owocki
  Likes: 2 Replies: 0
  Likers: AxlVaz, FractalVisions
  No replies yet.
• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 27, 2023, 2:44 p.m.
  Content: Thanks @lavande , joining today’s session!
  Likes: 0 Replies: 0
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• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 27, 2023, 2:32 p.m.
  Content: Hi @katie , apologies for the late response. In simple terms the breakdown includes: Budget to develop, audit, deploy and support the govNFT contracts that will enable the distribution of vested OP tokens (i.e., no-sale rule) to participants Velodrome will run a program to engage the top Optimism protocols in governance using vested OP tokens, incentivizing them to participate in the active discussions and decision-making Velodrome will also run a program using govNFTs to incentivize veVELO lockers, who have a long-term commitment to the ecosystem, to participate in the broader Optimism governance initiatives These three categories make up the budget outlined in our proposal. I’ll be happy to join today’s pitching sessions to discuss it in depth.
  Likes: 1 Replies: 0
  Likers: katie
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• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 27, 2023, 10:44 a.m.
  Content: Thanks @lavande , joining today’s session!
  Likes: 0 Replies: 0
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• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 27, 2023, 10:32 a.m.
  Content: Hi @katie , apologies for the late response. In simple terms the breakdown includes: Budget to develop, audit, deploy and support the govNFT contracts that will enable the distribution of vested OP tokens (i.e., no-sale rule) to participants Velodrome will run a program to engage the top Optimism protocols in governance using vested OP tokens, incentivizing them to participate in the active discussions and decision-making Velodrome will also run a program using govNFTs to incentivize veVELO lockers, who have a long-term commitment to the ecosystem, to participate in the broader Optimism governance initiatives These three categories make up the budget outlined in our proposal. I’ll be happy to join today’s pitching sessions to discuss it in depth.
  Likes: 1 Replies: 0
  Likers: katie
  No replies yet.
• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 23, 2023, 6:12 p.m.
  Content: Hi @lavande, apologies for the late response. We were heads down on V 2 deployment yesterday. I’ve added some additional details on the technical development strategy and a detailed breakdown of the distribution program. You can see the details in the “How” and the “Budget” sections above. Happy to share any other details.
  Likes: 0 Replies: 0
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• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 23, 2023, 2:12 p.m.
  Content: Hi @lavande, apologies for the late response. We were heads down on V 2 deployment yesterday. I’ve added some additional details on the technical development strategy and a detailed breakdown of the distribution program. You can see the details in the “How” and the “Budget” sections above. Happy to share any other details.
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.
• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 21, 2023, 5:34 p.m.
  Content: S 4 Intent: Governance Accessibility (Intent 4 ) Proposed Mission: Engage the leading protocols partnering with Velodrome and veVELO community to take an active and informed role in Optimism Governance [Proposal Tier](Collective Trust Tiers - # 2 38 7 ): Phoenix Please verify that you meet the qualifications for your Tier: Velodrome Finance is a Partner Fund grant recipient Baseline grant amount: 1 M OP (Entire grant amount goes to participants, not Alliance) % of total available Intent budget: 33 % Alliance: Velodrome Finance team Alliance Lead: Tao Contact info: Telegram - @Taowatts; Discord - Taowatts L 2 recipient address: 0 xb 074 ec 6 c 37659525 eef 2 fb 44478077901 f 878012 Please list the members of your Alliance and link to any previous work: Alexander: Background in politics, technology, and consulting, including time working for the Obama campaign, Apple Inc, and consulting with numerous Fortune 500 s. Tao: Background in economics and finance; experience as strategy lead for a large asset manager in Switzerland and at Big Three consulting firm. Jack: Optimism delegate and growth council member Stas: Open Source contributor to Ubuntu, Mozilla, WordPress. Tech lead and maintainer of multiple open source projects on Github. Prior to Velodrome I led the architecture and integrated able.com 1 with multiple banking/fintech services and wrote their initial US tax calculator. ZoomerAnon: Software developer working in crypto on dapps, analytics, and open source tools since 2019 . Maintaining free wallet tracking software and publicizing information about smart contract exploits. GuyWithKeyboard: Long background in both traditional finance and decentralized finance, former financial advisor and large asset manager whoMast built a $ 1 . 2 b practice. Nick: Military aviation background, now investor with Spaceship and Onchain Angels, erstwhile developer and growth strategist. Methodic: Enterprise tech sales background; experience across the full sales cycle, sales development team management and recruitment. Dan: Data strategist with experience in the U.S. education sector at public, non-profit and private organizations. Educational background in economics and public policy. Previous projects: veDAO cielo.finance 1 gmStudios 1 able.com 1 raidguild.org defisafety.com metokens.com valorem.xyz aavegotchi.com bywassies.com metastreet.xyz Open source projects we contributed to (PRs): multicall.py (OP support, performance optimizations) Dune Spellbook (pricing data) Rainbowkit (Gnosis Safe connector) Rabby Wallet (hardware wallet support) smatcontracts/Simple Optimism Node alchemy-web 3 .js (RPC retries support) Our own open source projects: API written from scratch (backwards compatible with Solidly forks) Discord bots for trades, bribes and deposits Sugar project (easiest way to build on top of Velodrome) Protocol documentation Our repository changes from Solidly: Solidly dApp fork: ~ 497 commits, 120 files changed, 4768 insertions(+), 6690 deletions(-) Solidly contracts fork: ~ 414 commits, 45 files changed, 3660 insertions(+), 1483 deletions(-) Please explain how this Mission will help accomplish the above Intent: Optimism Governance voting power remains too concentrated and inaccessible to many. We need to find more ways to get OP in the hands of the right kinds of users and builders. Protocols and users with a strong understanding of Optimism’s ecosystem possess valuable insights that can contribute to informed decision-making within the governance process. Their expertise and knowledge would ensure that governance decisions are made with a deep understanding of their potential implications, and would help promote an effective, sustainable, and diverse governance structure. Velodrome will run a 10 to 12 -week program that will delegate and distribute vested OP tokens to 1 ) newly onboarded, high-profile protocols that commit to take an active role in Optimism Governance and 2 ) users with demonstrated ecosystem alignment through token locks, such as veVELO locks, and active engagement in protocol governance. Protocols and veVELO holders have a strong alignment to Optimism’s success, deep understanding of the Optimism ecosystem, and overall advanced awareness of the crypto landscape. Velodrome is uniquely positioned to engage high-profile protocols and veVELO holders to take an active role in Governance, which would significantly boost the Governance Accessibility goals in the following ways: Effective Knowledge Sharing: Users with a strong understanding of Optimism can play a crucial role in facilitating better knowledge sharing among the community. By actively engaging with other participants and sharing their expertise, they can contribute to the development of more informed voters. This will enhance the overall understanding of Optimism governance and enable a diverse range of perspectives to participate meaningfully. Increased Votable Supply and Reduced Concentration of Voting Power: Allocating vested tokens to lockers and protocols, conditional their active participation in governance processes, will ensure wider token distribution and encourage broader diversity of viewpoints. This will dilute the concentration of voting power, promoting a more democratic and equitable governance structure. Fresh Perspective: Users with a strong alignment to Optimism but limited experience in Governance can provide feedback on the user interfaces and tools used for interacting with governance programs. By sharing their experiences and suggestions, they can help identify areas of improvement and advocate for user-friendly designs that enhance accessibility for all participants. Demonstrated Engagement: New protocols incentivizing on Velodrome and new veVelo lockers have recently made a significant investment in the Optimism ecosystem. They are primed to make a further investment in the success of that ecosystem through active participation in governance, especially when tied to vested incentives. New protocols will be able to be onboarded to governance immediately as a bridge to a future protocol delegation program allocation. New individual users are a captive audience we can connect immediately to resources and educational opportunities in OP governance. This will be one of the easiest to reach audiences compared to other outreach channels. Velodrome will accomplish the mission by providing an end-to-end governance onboarding experience for both protocols and veVelo lockers, including infrastructure to claim and delegate vested OP. We will leverage our comprehensive experience in vesting contract implementations for governance to develop a new contract standard - govNFT - that enables the vesting and distribution of OP tokens contained within a govNFT. This standard will offer customization options including: Vesting Time: Protocols will have the flexibility to specify the duration over which the tokens vest. They can set the timeline according to their requirements. Transferrability: Users will have the option to choose whether the vested tokens can be transferred to other addresses or remain non-transferrable, ensuring control over the token’s movement. Unlock Mechanics: Users will be able to decide whether the vested tokens unlock periodically over time or all at once after the vesting period expires. This feature provides flexibility and allows for strategic unlocking of tokens. Additionally, the team will develop a user-friendly dashboard that will allow govNFT holders to delegate their positions and conveniently track relevant information, such as the remaining vesting time. By implementing govNFTs, Optimism and associated protocols can incentivize and reward users with a long-term focus, ensuring the no-sale rule is enforced and contributing to a sustainable and stable ecosystem. We will make all of our implementations available for all Optimism protocols to use. Our progress milestones detail the process. Beyond the delegation we will have dedicated communication channels on Discord and Telegram to keep new delegates up to date on key voting cycles and participation opportunities. As we have done for our other grants, we will lead the way on grant use analytics and pioneer methods for tracking governance participation that can be used for our grant and other grants provided under this mission. What makes your Alliance well-suited to execute this Mission? Velodrome’s combined experiences make us well prepared to execute on this Mission: Velodrome is the single largest protocol on Optimism and the largest DEX on Layer 2 Ethereum Velodrome’s governance community is one of the most active and diverse in crypto, with 14 , 300 veVELO holders participating in Velodrome’s weekly voting epochs veVELO holders, by virtue of their long-term locks, are uniquely committed to the success of the broader the ecosystem. The average lock time for veVELO positions is 3 . 6 years, and veVELO participants include leading protocols such as Synthetix, Stargate, and Lido Screenshot 2023 - 06 - 21 at 11 . 08 . 251332 × 744 101 KB Velodrome has proven record of both educating and attracting new protocols to Optimism, successfully onboarding over 50 protocols since inception at a rate of approximately one new protocol per week Velodrome has also been a continued partner in monitoring and analytics for grants, holding ourselves accountable to the metrics we lay out image 3344 × 1800 399 KB Please list a critical milestone. The critical milestone should be a measure of whether you’ve made best efforts to execute what is outlined in this proposal or not. If you fail to achieve your critical milestone, your grant may be clawed back. Develop a process for delegating vested OP to new protocols and users Onboard at least 3 major protocols to participate in Optimism governance through vote delegation and engagement in active discussions (ideally new to Optimism) Increase diversity of experienced governance participants in Optimism, as measured by the number of veVELO lockers eligible for this program, by at least 100 members by week 5 How should Token House delegates measure progress towards this Mission: These should focus on progress towards completion. Including expected completion dates for each is recommended. Appropriate infrastructure for tracking and delegation developed by week 4 after receipt of the grant Enlist at least one protocol in governance participation by week 5 of the program, 2 protocols by week 7 , and 3 protocols by week 10 Measure increased governance activity through voting and comments from relevant protocols and veVELO holders in our communication channels Measure quality of feedback and information sharing by veVELO lockers active simultaneously in Optimism governance and Velodrome governance How should badgeholders measure impact upon completion of this Mission? These should be focused on performance and may be used by badgeholders to assess your Misson’s impact in the next round of RetroPGF. Positive feedback or testimonials from onboarded protocols Increased number of wallets directly linked to this Mission participating in Optimism Governance Increase in comments and proposals from engaged Velodrome community members Analytical framework for tracking governance participation through this program Breakdown of Mission budget request: 350 K OP ( 35 %): Budget to develop, audit, deploy and support the govNFT contracts that will enable the distribution of vested OP tokens (i.e., no-sale rule) to participants 250 K OP ( 25 %): Velodrome will run a program to engage the top Optimism protocols in governance using vested OP tokens, incentivizing them to participate in the active discussions and decision-making 400 K OP ( 40 %): Velodrome will also run a program using govNFTs to incentivize veVELO lockers, who have a long-term commitment to the ecosystem, to participate in the broader Optimism governance initiatives I confirm that my grant will be subject to clawback for failure to execute on critical milestones: Yes I confirm that I have read and understand the grant policies: Yes I understand that I will be required to provide additional KYC information to the Optimism Foundation to receive this grant: Yes I understand that I will be expected to following the public grant reporting requirements outlined here: Yes
  Likes: 6 Replies: 0
  Likers: mandzhakov, hen, mastermojo, tonystark, vitalik, fractalvisions
  No replies yet.
• [FINAL] Velodrome: Fostering Inclusive Governance through Leading Optimism Builders and Long-term Users by tao - No Role
  Posted on: June 21, 2023, 1:34 p.m.
  Content: S 4 Intent: Governance Accessibility (Intent 4 ) Proposed Mission: Engage the leading protocols partnering with Velodrome and veVELO community to take an active and informed role in Optimism Governance [Proposal Tier](Collective Trust Tiers - # 2 38 ): Phoenix Please verify that you meet the qualifications for your Tier: Velodrome Finance is a Partner Fund grant recipient Baseline grant amount: 1 M OP (Entire grant amount goes to participants, not Alliance) % of total available Intent budget: 33 % Alliance: Velodrome Finance team Alliance Lead: Tao Contact info: Telegram - @Taowatts; Discord - Taowatts L 2 recipient address: 0 xb 074 ec 6 c 37659525 eef 2 fb 44478077901 f 878012 Please list the members of your Alliance and link to any previous work: Alexander: Background in politics, technology, and consulting, including time working for the Obama campaign, Apple Inc, and consulting with numerous Fortune 500 s. Tao: Background in economics and finance; experience as strategy lead for a large asset manager in Switzerland and at Big Three consulting firm. Jack: Optimism delegate and growth council member Stas: Open Source contributor to Ubuntu, Mozilla, WordPress. Tech lead and maintainer of multiple open source projects on Github. Prior to Velodrome I led the architecture and integrated able.com with multiple banking/fintech services and wrote their initial US tax calculator. ZoomerAnon: Software developer working in crypto on dapps, analytics, and open source tools since 2019 . Maintaining free wallet tracking software and publicizing information about smart contract exploits. GuyWithKeyboard: Long background in both traditional finance and decentralized finance, former financial advisor and large asset manager whoMast built a $ 1 . 2 b practice. Nick: Military aviation background, now investor with Spaceship and Onchain Angels, erstwhile developer and growth strategist. Methodic: Enterprise tech sales background; experience across the full sales cycle, sales development team management and recruitment. Dan: Data strategist with experience in the U.S. education sector at public, non-profit and private organizations. Educational background in economics and public policy. Previous projects: veDAO cielo.finance gmStudios able.com raidguild.org defisafety.com metokens.com valorem.xyz aavegotchi.com bywassies.com metastreet.xyz Open source projects we contributed to (PRs): multicall.py (OP support, performance optimizations) Dune Spellbook (pricing data) Rainbowkit (Gnosis Safe connector) Rabby Wallet (hardware wallet support) smatcontracts/Simple Optimism Node alchemy-web 3 .js (RPC retries support) Our own open source projects: API written from scratch (backwards compatible with Solidly forks) Discord bots for trades, bribes and deposits Sugar project (easiest way to build on top of Velodrome) Protocol documentation Our repository changes from Solidly: Solidly dApp fork: ~ 497 commits, 120 files changed, 4768 insertions(+), 6690 deletions(-) Solidly contracts fork: ~ 414 commits, 45 files changed, 3660 insertions(+), 1483 deletions(-) Please explain how this Mission will help accomplish the above Intent: Optimism Governance voting power remains too concentrated and inaccessible to many. We need to find more ways to get OP in the hands of the right kinds of users and builders. Protocols and users with a strong understanding of Optimism’s ecosystem possess valuable insights that can contribute to informed decision-making within the governance process. Their expertise and knowledge would ensure that governance decisions are made with a deep understanding of their potential implications, and would help promote an effective, sustainable, and diverse governance structure. Velodrome will run a 10 to 12 -week program that will delegate and distribute vested OP tokens to 1 ) newly onboarded, high-profile protocols that commit to take an active role in Optimism Governance and 2 ) users with demonstrated ecosystem alignment through token locks, such as veVELO locks, and active engagement in protocol governance. Protocols and veVELO holders have a strong alignment to Optimism’s success, deep understanding of the Optimism ecosystem, and overall advanced awareness of the crypto landscape. Velodrome is uniquely positioned to engage high-profile protocols and veVELO holders to take an active role in Governance, which would significantly boost the Governance Accessibility goals in the following ways: Effective Knowledge Sharing: Users with a strong understanding of Optimism can play a crucial role in facilitating better knowledge sharing among the community. By actively engaging with other participants and sharing their expertise, they can contribute to the development of more informed voters. This will enhance the overall understanding of Optimism governance and enable a diverse range of perspectives to participate meaningfully. Increased Votable Supply and Reduced Concentration of Voting Power: Allocating vested tokens to lockers and protocols, conditional their active participation in governance processes, will ensure wider token distribution and encourage broader diversity of viewpoints. This will dilute the concentration of voting power, promoting a more democratic and equitable governance structure. Fresh Perspective: Users with a strong alignment to Optimism but limited experience in Governance can provide feedback on the user interfaces and tools used for interacting with governance programs. By sharing their experiences and suggestions, they can help identify areas of improvement and advocate for user-friendly designs that enhance accessibility for all participants. Demonstrated Engagement: New protocols incentivizing on Velodrome and new veVelo lockers have recently made a significant investment in the Optimism ecosystem. They are primed to make a further investment in the success of that ecosystem through active participation in governance, especially when tied to vested incentives. New protocols will be able to be onboarded to governance immediately as a bridge to a future protocol delegation program allocation. New individual users are a captive audience we can connect immediately to resources and educational opportunities in OP governance. This will be one of the easiest to reach audiences compared to other outreach channels. Velodrome will accomplish the mission by providing an end-to-end governance onboarding experience for both protocols and veVelo lockers, including infrastructure to claim and delegate vested OP. We will leverage our comprehensive experience in vesting contract implementations for governance to develop a new contract standard - govNFT - that enables the vesting and distribution of OP tokens contained within a govNFT. This standard will offer customization options including: Vesting Time: Protocols will have the flexibility to specify the duration over which the tokens vest. They can set the timeline according to their requirements. Transferrability: Users will have the option to choose whether the vested tokens can be transferred to other addresses or remain non-transferrable, ensuring control over the token’s movement. Unlock Mechanics: Users will be able to decide whether the vested tokens unlock periodically over time or all at once after the vesting period expires. This feature provides flexibility and allows for strategic unlocking of tokens. Additionally, the team will develop a user-friendly dashboard that will allow govNFT holders to delegate their positions and conveniently track relevant information, such as the remaining vesting time. By implementing govNFTs, Optimism and associated protocols can incentivize and reward users with a long-term focus, ensuring the no-sale rule is enforced and contributing to a sustainable and stable ecosystem. We will make all of our implementations available for all Optimism protocols to use. Our progress milestones detail the process. Beyond the delegation we will have dedicated communication channels on Discord and Telegram to keep new delegates up to date on key voting cycles and participation opportunities. As we have done for our other grants, we will lead the way on grant use analytics and pioneer methods for tracking governance participation that can be used for our grant and other grants provided under this mission. What makes your Alliance well-suited to execute this Mission? Velodrome’s combined experiences make us well prepared to execute on this Mission: Velodrome is the single largest protocol on Optimism and the largest DEX on Layer 2 Ethereum Velodrome’s governance community is one of the most active and diverse in crypto, with 14 , 300 veVELO holders participating in Velodrome’s weekly voting epochs veVELO holders, by virtue of their long-term locks, are uniquely committed to the success of the broader the ecosystem. The average lock time for veVELO positions is 3 . 6 years, and veVELO participants include leading protocols such as Synthetix, Stargate, and Lido Screenshot 2023 - 06 - 21 at 11 . 08 . 251332 × 744 101 KB Velodrome has proven record of both educating and attracting new protocols to Optimism, successfully onboarding over 50 protocols since inception at a rate of approximately one new protocol per week Velodrome has also been a continued partner in monitoring and analytics for grants, holding ourselves accountable to the metrics we lay out image 3344 × 1800 399 KB Please list a critical milestone. The critical milestone should be a measure of whether you’ve made best efforts to execute what is outlined in this proposal or not. If you fail to achieve your critical milestone, your grant may be clawed back. Develop a process for delegating vested OP to new protocols and users Onboard at least 3 major protocols to participate in Optimism governance through vote delegation and engagement in active discussions (ideally new to Optimism) Increase diversity of experienced governance participants in Optimism, as measured by the number of veVELO lockers eligible for this program, by at least 100 members by week 5 How should Token House delegates measure progress towards this Mission: These should focus on progress towards completion. Including expected completion dates for each is recommended. Appropriate infrastructure for tracking and delegation developed by week 4 after receipt of the grant Enlist at least one protocol in governance participation by week 5 of the program, 2 protocols by week 7 , and 3 protocols by week 10 Measure increased governance activity through voting and comments from relevant protocols and veVELO holders in our communication channels Measure quality of feedback and information sharing by veVELO lockers active simultaneously in Optimism governance and Velodrome governance How should badgeholders measure impact upon completion of this Mission? These should be focused on performance and may be used by badgeholders to assess your Misson’s impact in the next round of RetroPGF. Positive feedback or testimonials from onboarded protocols Increased number of wallets directly linked to this Mission participating in Optimism Governance Increase in comments and proposals from engaged Velodrome community members Analytical framework for tracking governance participation through this program Breakdown of Mission budget request: 350 K OP ( 35 %): Budget to develop, audit, deploy and support the govNFT contracts that will enable the distribution of vested OP tokens (i.e., no-sale rule) to participants 250 K OP ( 25 %): Velodrome will run a program to engage the top Optimism protocols in governance using vested OP tokens, incentivizing them to participate in the active discussions and decision-making 400 K OP ( 40 %): Velodrome will also run a program using govNFTs to incentivize veVELO lockers, who have a long-term commitment to the ecosystem, to participate in the broader Optimism governance initiatives I confirm that my grant will be subject to clawback for failure to execute on critical milestones: Yes I confirm that I have read and understand the grant policies: Yes I understand that I will be required to provide additional KYC information to the Optimism Foundation to receive this grant: Yes I understand that I will be expected to following the public grant reporting requirements outlined here: Yes
  Likes: 7 Replies: 0
  Likers: Mandzhakov, hen, mastermojo, TonyStark, vitalik, FractalVisions, Mon
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