Executive Summary
Hi I’m Kent, CTO of Agora. Agora is the governance software company contributing to the Optimism token house governor and its frontend at vote.optimism.io 16 . We provide some services to, but do not represent or speak on behalf of, the Optimism Foundation.
This is a 1 line update to the governance smart contract of the token house that will allow the small subset of voters who have received their voting power from advanced delegation (a feature introduced in the last governor update) to vote by signing one transaction instead of two.
If this vote passes, the Optimism foundation will upgrade governor contract to the new implementation Agora deployed shortly after the end of the veto period.
Motivation
Background:
As part of the v 2 upgrade of the token house 9 we shipped in December, we enabled a new feature called “advanced delegation”, which allows token holders to delegate their voting power to multiple delegates without splitting their balance. This facilitates governance participation for large funds, partners and the foundation, who have complex token storage requirements. One side effect of feature is that voters who received advanced delegation would need to sign two transactions to vote.
When we shipped this feature, we thought having two transactions would be a good thing, to easily show users when they voted from each of their voting powers: standard delegation power and advanced delegation power.
After getting feedback from a small group of ~ 50 voters who’ve received votes via this feature, it was clear that this was a bad idea. As a consequence, we have paused the further rollout of this feature and refactored the contract to allow for a vote with both standard and advanced delegation in one transaction.
Impact to voters:
Delegates with advanced voting power will have a better user experience and will sign only 1 transaction.
Specifications
Contract Changed
The Optimism Governor 24 would be changed as part of this upgrade. Please review the pull request here:
github.com/voteagora/governor
feat: auto-vote with standard votes when voting through alligator 24
voteagora:dev ← voteagora:auto-standard-vote
opened
Feb 27 , 2024
jjranalli
+ 5
- 0
The deployed code can be found here: 0 x 637 DA 4 Eeac 836188 D 8 C 46 F 63 Cb 2655 f 4 d 3 C 9 F 893 9
There are no state changes to any governance contracts in this upgrade.
Security Considerations
This change has been audited by Open Zeppelin. There were no issues identified given that it’s a minimal change which doesn’t affect the rest of the contract logic. In the unlikely scenario that we’ll need to make any changes to address issues, we’ll update this thread to inform the community on next steps.
CleanShot 2024 - 04 - 08 at 09 . 10 . 27 @ 2 x 1476 × 1126 81 . 9 KB
The OpenZeppelin Audit Report is attached here 6 . Password to view is: Uk 08 oRQd 5 d 5 d 5 b_h
Impact Summary
Agora does not anticipate any downtime due to this upgrade. As of this proposal there is a small number of users with advanced voting power, therefore the potential exposure is minimal.
Action Plan
If approved by governance, the Optimism Foundation admin will set the new implementation of governor proxy at 0 xcDF 27 F 107725988 f 2261 Ce 2256 bDfCdE 8 B 382 B 10 1 to new implementation deployed at 0 x 637 DA 4 Eeac 836188 D 8 C 46 F 63 Cb 2655 f 4 d 3 C 9 F 893 9
If a critical security issue is discovered before upgrading, Agora will collaborate with the community to extensively communicate that the upgrade will no longer occur.
Conclusion
This proposal outlines the “Improve advanced delegation voting” upgrade. This upgrade enables Delegates with advanced voting power to sign only 1 transaction instead of 2 when voting.
Agora, a governance software company, is proposing an upgrade to the Optimism token house governor contract. The upgrade aims to allow voters with advanced delegation to sign only one transaction instead of two, enhancing user experience. The change has been audited for security and no downtime is expected. The proposal, if approved, will be implemented by the Optimism Foundation admin, benefiting users with advanced voting power.
brichis: Everything looks good to me; I’ll wait to read the audit before giving my approval. Please let me know when it’s ready
Agora:
The OpenZeppelin Audit Report to be attached here once available (Expected early next week).
Executive Summary
Hi I’m Kent, CTO of Agora. Agora is the governance software company contributing …
Executive Summary
Hi I’m Kent, CTO of Agora. Agora is the governance software company contributing to the Optimism token house governor and its frontend at vote.optimism.io. We provide some services to, but do not represent or speak on behalf of, the Optimism Foundation.
This is a 1 line update to the governance smart contract of the token house that will allow the small subset of voters who have received their voting power from advanced delegation (a feature introduced in the last governor update) to vote by signing one transaction instead of two.
If this vote passes, the Optimism foundation will upgrade governor contract to the new implementation Agora deployed shortly after the end of the veto period.
Motivation
Background:
As part of the v 2 upgrade of the token house we shipped in December, we enabled a new feature called “advanced delegation”, which allows token holders to delegate their voting power to multiple delegates without splitting their balance. This facilitates governance participation for large funds, partners and the foundation, who have complex token storage requirements. One side effect of feature is that voters who received advanced delegation would need to sign two transactions to vote.
When we shipped this feature, we thought having two transactions would be a good thing, to easily show users when they voted from each of their voting powers: standard delegation power and advanced delegation power.
After getting feedback from a small group of ~ 50 voters who’ve received votes via this feature, it was clear that this was a bad idea. As a consequence, we have paused the further rollout of this feature and refactored the contract to allow for a vote with both standard and advanced delegation in one transaction.
Impact to voters:
Delegates with advanced voting power will have a better user experience and will sign only 1 transaction.
Specifications
Contract Changed
The Optimism Governor would be changed as part of this upgrade. Please review the pull request here:
github.com/voteagora/governor
feat: auto-vote with standard votes when voting through alligator
voteagora:dev ← voteagora:auto-standard-vote
opened
Feb 27 , 2024
jjranalli
+ 5
- 0
The deployed code can be found here: 0 x 637 DA 4 Eeac 836188 D 8 C 46 F 63 Cb 2655 f 4 d 3 C 9 F 893
There are no state changes to any governance contracts in this upgrade.
Security Considerations
This change has been audited by Open Zeppelin. There were no issues identified given that it’s a minimal change which doesn’t affect the rest of the contract logic. In the unlikely scenario that we’ll need to make any changes to address issues, we’ll update this thread to inform the community on next steps.
CleanShot 2024 - 04 - 08 at 09 . 10 . 27 @ 2 x 1476 × 1126 81 . 9 KB
The OpenZeppelin Audit Report is attached here. Password to view is: Uk 08 oRQd 5 d 5 d 5 b_h
Impact Summary
Agora does not anticipate any downtime due to this upgrade. As of this proposal there is a small number of users with advanced voting power, therefore the potential exposure is minimal.
Action Plan
If approved by governance, the Optimism Foundation admin will set the new implementation of governor proxy at 0 xcDF 27 F 107725988 f 2261 Ce 2256 bDfCdE 8 B 382 B 10 to new implementation deployed at 0 x 637 DA 4 Eeac 836188 D 8 C 46 F 63 Cb 2655 f 4 d 3 C 9 F 893
If a critical security issue is discovered before upgrading, Agora will collaborate with the community to extensively communicate that the upgrade will no longer occur.
Conclusion
This proposal outlines the “Improve advanced delegation voting” upgrade. This upgrade enables Delegates with advanced voting power to sign only 1 transaction instead of 2 when voting.
brichis: Everything looks good to me; I’ll wait to read the audit before giving my approval. Please let me know when it’s ready
Agora:
The OpenZeppelin Audit Report to be attached here once available (Expected early next week).
Executive Summary Hi I’m Kent, CTO of Agora. Agora is the governance software company contributing …
Executive Summary Hi I’m Kent, CTO of Agora. Agora is the governance software company contributing to the Optimism token house governor and its frontend at vote.optimism.io 5 . We provide some services to, but do not represent or speak on behalf of, the Optimism Foundation. This is a 1 line update to the governance smart contract of the token house that will allow the small subset of voters who have received their voting power from advanced delegation (a feature introduced in the last governor update) to vote by signing one transaction instead of two. If this vote passes, the Optimism foundation will upgrade governor contract to the new implementation Agora deployed shortly after the end of the veto period. Motivation Background: As part of the v 2 upgrade of the token house 5 we shipped in December, we enabled a new feature called “advanced delegation”, which allows token holders to delegate their voting power to multiple delegates without splitting their balance. This facilitates governance participation for large funds, partners and the foundation, who have complex token storage requirements. One side effect of feature is that voters who received advanced delegation would need to sign two transactions to vote. When we shipped this feature, we thought having two transactions would be a good thing, to easily show users when they voted from each of their voting powers: standard delegation power and advanced delegation power. After getting feedback from a small group of ~ 50 voters who’ve received votes via this feature, it was clear that this was a bad idea. As a consequence, we have paused the further rollout of this feature and refactored the contract to allow for a vote with both standard and advanced delegation in one transaction. Impact to voters: Delegates with advanced voting power will have a better user experience and will sign only 1 transaction. Specifications Contract Changed The Optimism Governor 14 would be changed as part of this upgrade. Please review the pull request here: github.com/voteagora/governor feat: auto-vote with standard votes when voting through alligator 14 voteagora:dev ← voteagora:auto-standard-vote opened Feb 27 , 2024 jjranalli + 5 - 0 The deployed code can be found here: 0 x 637 DA 4 Eeac 836188 D 8 C 46 F 63 Cb 2655 f 4 d 3 C 9 F 893 7 There are no state changes to any governance contracts in this upgrade. Security Considerations This change has been audited by Open Zeppelin. There were no issues identified given that it’s a minimal change which doesn’t affect the rest of the contract logic. In the unlikely scenario that we’ll need to make any changes to address issues, we’ll update this thread to inform the community on next steps. CleanShot 2024 - 04 - 08 at 09 . 10 . 27 @ 2 x 1476 × 1126 81 . 9 KB The OpenZeppelin Audit Report is attached here 4 . Password to view is: Uk 08 oRQd 5 d 5 d 5 b_h Impact Summary Agora does not anticipate any downtime due to this upgrade. As of this proposal there is a small number of users with advanced voting power, therefore the potential exposure is minimal. Action Plan If approved by governance, the Optimism Foundation admin will set the new implementation of governor proxy at 0 xcDF 27 F 107725988 f 2261 Ce 2256 bDfCdE 8 B 382 B 10 1 to new implementation deployed at 0 x 637 DA 4 Eeac 836188 D 8 C 46 F 63 Cb 2655 f 4 d 3 C 9 F 893 7 If a critical security issue is discovered before upgrading, Agora will collaborate with the community to extensively communicate that the upgrade will no longer occur. Conclusion This proposal outlines the “Improve advanced delegation voting” upgrade. This upgrade enables Delegates with advanced voting power to sign only 1 transaction instead of 2 when voting.
brichis: Everything looks good to me; I’ll wait to read the audit before giving my approval. Please let me know when it’s ready
Agora:
The OpenZeppelin Audit Report to be attached here once available (Expected early next week).
Everything looks good to me; I’ll wait to read the audit before giving my approval. Please let me k…
Everything looks good to me; I’ll wait to read the audit before giving my approval. Please let me know when it’s ready :cowboy_hat_face:
Agora:
The OpenZeppelin Audit Report to be attached here once available (Expected early next week).
We are excited to see the updates and are glad to see the audit by OZ has passed!
I am an Optimism …
We are excited to see the updates and are glad to see the audit by OZ has passed!
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move to a vote.
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move…
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move to a vote.
As an Optimism delegate with sufficient voting power I believe that this proposal is ready for a vo…
As an Optimism delegate with sufficient voting power I believe that this proposal is ready for a vote!
vote.optimism.io
opmichael.eth on Agora
See what opmichael.eth believes and how they vote on Optimism governance.
As an Optimism delegate with sufficient voting power I believe that this proposal is ready for a vo…
As an Optimism delegate with sufficient voting power I believe that this proposal is ready for a vote!
vote.optimism.io
opmichael.eth on Agora 3
See what opmichael.eth believes and how they vote on Optimism governance.
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move…
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move to a vote.
I am an Optimism delegate 2 with sufficient voting power and I believe this proposal is ready to …
I am an Optimism delegate 2 with sufficient voting power and I believe this proposal is ready to move to a vote.
Everything looks good to me; I’ll wait to read the audit before giving my approval. Please let me k…
Everything looks good to me; I’ll wait to read the audit before giving my approval. Please let me know when it’s ready :cowboy_hat_face: Agora: The OpenZeppelin Audit Report to be attached here once available (Expected early next week).
We are excited to see the updates and are glad to see the audit by OZ has passed! I am an Optimism …
We are excited to see the updates and are glad to see the audit by OZ has passed! I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move to a vote.
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move…
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move to a vote.
As an Optimism delegate with sufficient voting power I believe that this proposal is ready for a vo…
As an Optimism delegate with sufficient voting power I believe that this proposal is ready for a vote! vote.optimism.io opmichael.eth on Agora 1 See what opmichael.eth believes and how they vote on Optimism governance.
I am an Optimism delegate 2 with sufficient voting power and I believe this proposal is ready to …
I am an Optimism delegate 2 with sufficient voting power and I believe this proposal is ready to move to a vote.
Thanks for the update @Agora For future iterations I would recommend being more critical in your th…
Thanks for the update @Agora For future iterations I would recommend being more critical in your thinking when it comes to multiple approvals for a given action in order to avoid having to go through governance for minor upgrades.
Thanks for the update @Agora For future iterations I would recommend being more critical in your th…
Thanks for the update @Agora For future iterations I would recommend being more critical in your thinking when it comes to multiple approvals for a given action in order to avoid having to go through governance for minor upgrades.
I am an Optimism delegate 1 with sufficient voting power and I believe this proposal is ready to …
I am an Optimism delegate 1 with sufficient voting power and I believe this proposal is ready to move to a vote. :.
Public goods like DeSci thrive and regenerate with Optimism! :ocean::dna::seedling::computer::busts_in_silhouette::chains::red_circle::sparkles:
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move…
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move to a vote. :.
Public goods like DeSci thrive and regenerate with Optimism! :ocean::dna::seedling::computer::busts_in_silhouette::chains::red_circle::sparkles:
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move…
I am an Optimism delegate with sufficient voting power and I believe this proposal is ready to move to a vote. :. Public goods like DeSci thrive and regenerate with Optimism! :ocean::dna::seedling::computer::busts_in_silhouette::chains::red_circle::sparkles:
Reducing time, improving user experience & interaction, good winning points. :muscle:t 2 :
At the s…
Reducing time, improving user experience & interaction, good winning points. :muscle:t 2 :
At the same time, nice to have: it would be good if when a person delegates his vote, it appears that made his vote and not "You cannot vote again” :sweat_smile:
As Women Biz representative delegate, we vote FOR beacuse it improves the user experience and facilite the interaction with the tool.
Lili
Reducing time, improving user experience & interaction, good winning points. :muscle:t 2 : At the s…
Reducing time, improving user experience & interaction, good winning points. :muscle:t 2 : At the same time, nice to have: it would be good if when a person delegates his vote, it appears that made his vote and not "You cannot vote again” :sweat_smile: As Women Biz representative delegate, we vote FOR beacuse it improves the user experience and facilite the interaction with the tool. Lili
We voted FOR this proposal.
On-chain voting procedures should be as abstracted as possible, regardl…
We voted FOR this proposal.
On-chain voting procedures should be as abstracted as possible, regardless of the complexity of the governor designed. This upgrade is a step in the right direction. After reviewing the proposal, its proposed changes, and the audit report, we believe it is appropriate to proceed.
We voted FOR this proposal. On-chain voting procedures should be as abstracted as possible, regardl…
We voted FOR this proposal. On-chain voting procedures should be as abstracted as possible, regardless of the complexity of the governor designed. This upgrade is a step in the right direction. After reviewing the proposal, its proposed changes, and the audit report, we believe it is appropriate to proceed.
Hey @Agora , congratulations for the proposal and for these improvements in governance.
I have a fe…
Hey @Agora , congratulations for the proposal and for these improvements in governance.
I have a few questions:
How is the total votable supply counted?
Who updates newVotableSupply in the VotableSupplyOracle contract?
The last update was prior to the current votable, does this have any dispute period? How can the Gov verify that this parameter is correct?
image 1382 × 302 26 . 3 KB
Agora: Hey there – great questions.
Votable supply counts all OP delegated to non 0x000…000 addresses.
Currently, Agora updates the oracle. If the Foundation decides to do a one-time upgrade of the token contract, we’d be able to deprecate this oracle and put the votable supply directly into the token.
Governance can verify that it’s correct by comparing the value as its computed elsewhere, for example on Dune
Hey @Agora , congratulations for the proposal and for these improvements in governance. I have a fe…
Hey @Agora , congratulations for the proposal and for these improvements in governance. I have a few questions: How is the total votable supply counted? Who updates newVotableSupply in the VotableSupplyOracle contract? The last update was prior to the current votable, does this have any dispute period? How can the Gov verify that this parameter is correct? image 1382 × 302 26 . 3 KB
The below response reflects the views of L 2 BEAT’s governance team, composed of @kaereste and @Si…
The below response reflects the views of L 2 BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.
We were among the people who found the need for 2 signatures confusing when the previous upgrade took place, and we’re happy to see an upgrade that reverts it. As such, we’ll be voting in favor of the proposal.
We also want to second @jengajojo’s comment that there should be more consideration with such upgrades and in-advance feedback from delegates to avoid having to go through the governance process for minor fixes.
The below response reflects the views of L 2 BEAT’s governance team, composed of @kaereste and @Si…
The below response reflects the views of L 2 BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two. We were among the people who found the need for 2 signatures confusing when the previous upgrade took place, and we’re happy to see an upgrade that reverts it. As such, we’ll be voting in favor of the proposal. We also want to second @jengajojo’s comment that there should be more consideration with such upgrades and in-advance feedback from delegates to avoid having to go through the governance process for minor fixes.
Hey there – great questions.
Votable supply counts all OP delegated to non 0 x 000 … 000 address…
Hey there – great questions.
Votable supply counts all OP delegated to non 0 x 000 … 000 addresses.
Currently, Agora updates the oracle. If the Foundation decides to do a one-time upgrade of the token contract, we’d be able to deprecate this oracle and put the votable supply directly into the token.
Governance can verify that it’s correct by comparing the value as its computed elsewhere, for example on Dune 4
Hey there – great questions.
Votable supply counts all OP delegated to non 0 x 000 … 000 address…
Hey there – great questions.
Votable supply counts all OP delegated to non 0 x 000 … 000 addresses.
Currently, Agora updates the oracle. If the Foundation decides to do a one-time upgrade of the token contract, we’d be able to deprecate this oracle and put the votable supply directly into the token.
Governance can verify that it’s correct by comparing the value as its computed elsewhere, for example on Dune
