TLDR: Aave, the leading DeFi liquidity protocol, has a thriving grants program called Aave Grants DAO (AGD). AGD operates as a sub-DAO and is requesting $4m in funding for two quarters from the Aave DAO.“Grants programs keep the innovative and collaborative spirit of open source alive and kicking.” Successful Grants Programs in Web3 History, Gitcoin blog. Aave Grants DAO (AGD) has been in existence since May of 2021, and has operated continuously since then via periodic renewals approved by t...

TLDR: Aave, the leading DeFi liquidity protocol, has a thriving grants program called Aave Grants DAO (AGD). AGD operates as a sub-DAO and is requesting $4m in funding for two quarters from the Aave DAO.“Grants programs keep the innovative and collaborative spirit of open source alive and kicking.” Successful Grants Programs in Web3 History, Gitcoin blog. Aave Grants DAO (AGD) has been in existence since May of 2021, and has operated continuously since then via periodic renewals approved by t...

TLDR: Index Coop seeks to re-organize its existing structure to further decentralize the protocol, increase efficiency in its decision-making, and maximize security.Index Coop launched in 2020 and quickly rose to prominence as a model for DeFi and DAOs more generally. The organization successfully launched on-chain structured DeFi products empowered by a large community of contributors progressively decentralizing the protocol. More recently, financial realities have quickly set in, and furth...

TLDR: Index Coop seeks to re-organize its existing structure to further decentralize the protocol, increase efficiency in its decision-making, and maximize security.Index Coop launched in 2020 and quickly rose to prominence as a model for DeFi and DAOs more generally. The organization successfully launched on-chain structured DeFi products empowered by a large community of contributors progressively decentralizing the protocol. More recently, financial realities have quickly set in, and furth...

TLDR: BanklessDAO is proposing enabling a partial voter privacy setting on its Snapshot proposals to mitigate potential voter manipulation. The DAO has historically relied heavily on the Snapshot tool to ratify key changes in the rapidly growing organization.Over the last few months, BanklessDAO has introduced a number of key updates to its governance process. Among these updates were new processes that addressed longstanding issues such as the implementation of a bDIP process and a Consituti...

TLDR: BanklessDAO is proposing enabling a partial voter privacy setting on its Snapshot proposals to mitigate potential voter manipulation. The DAO has historically relied heavily on the Snapshot tool to ratify key changes in the rapidly growing organization.Over the last few months, BanklessDAO has introduced a number of key updates to its governance process. Among these updates were new processes that addressed longstanding issues such as the implementation of a bDIP process and a Consituti...

TLDR: Open source liquidity protocol Aave seeks to encourage user migration from Aave v2 by allowing new asset listings only on Aave v3.The design for Aave v3 was first introduced in November of 2021. Among its most appealing features is that it presents more and better levers for controlling risk than previous versions of Aave’s DeFi platform. “Isolation mode,” for example, allows newly listed assets to be isolated with a specific debt ceiling and only permits the borrowing of certain assets...

TLDR: Open source liquidity protocol Aave seeks to encourage user migration from Aave v2 by allowing new asset listings only on Aave v3.The design for Aave v3 was first introduced in November of 2021. Among its most appealing features is that it presents more and better levers for controlling risk than previous versions of Aave’s DeFi platform. “Isolation mode,” for example, allows newly listed assets to be isolated with a specific debt ceiling and only permits the borrowing of certain assets...

TLDR: The Uniswap community, which governs one of the major decentralized exchanges, will be deciding whether to overhaul its governance process for greater “efficiency and efficacy.”In late January 2022, a proposal outlining a number of governance process changes was posted in the Uniswap forums. The post received only one substantive comment and little engagement. The proposed ideas went into hibernation until the Uniswap Foundation’s Devin Walsh resuscitated them in a request for comment p...

TLDR: The Uniswap community, which governs one of the major decentralized exchanges, will be deciding whether to overhaul its governance process for greater “efficiency and efficacy.”In late January 2022, a proposal outlining a number of governance process changes was posted in the Uniswap forums. The post received only one substantive comment and little engagement. The proposed ideas went into hibernation until the Uniswap Foundation’s Devin Walsh resuscitated them in a request for comment p...

TLDR: The Cosmos Hub community debates whether it’s worth partnering with RnDAO to assess and improve community health.“If Web3 is all about communities, how do we know if we’re heading in the right direction?” Daniel Ospina of RnDAO asks, leading into his proposal for funding from the Cosmos community. Assessing the health of communities, whether digital or analog or both, is difficult work requiring responsible data collection and analysis across multiple media. There must be quality data g...

TLDR: The Cosmos Hub community debates whether it’s worth partnering with RnDAO to assess and improve community health.“If Web3 is all about communities, how do we know if we’re heading in the right direction?” Daniel Ospina of RnDAO asks, leading into his proposal for funding from the Cosmos community. Assessing the health of communities, whether digital or analog or both, is difficult work requiring responsible data collection and analysis across multiple media. There must be quality data g...

TLDR: Optimism’s valuable experiments in governance continue as the Foundation proposes to restructure the Governance Fund process by eliminating Governance Committees and creating a Grants Council.Optimism is a leading Ethereum Layer 2 protocol, known as much for the success of its rollup design as for its public-goods-oriented ethos. Also notable is that governance in Optimism explicitly posits itself as an experiment. The Optimism Foundation regularly underscores the provisionality of its ...

TLDR: Optimism’s valuable experiments in governance continue as the Foundation proposes to restructure the Governance Fund process by eliminating Governance Committees and creating a Grants Council.Optimism is a leading Ethereum Layer 2 protocol, known as much for the success of its rollup design as for its public-goods-oriented ethos. Also notable is that governance in Optimism explicitly posits itself as an experiment. The Optimism Foundation regularly underscores the provisionality of its ...

TLDR: Compound, the DeFi lending protocol, is voting to revive their community grants program. The new program draws lessons and improvements from its past version with the goal of creating a decentralized program that incentivizes building on the Compound protocol.Grants programs are a common tool used by crypto projects to help incentivize and bootstrap building within their respective ecosystems. Some of these notable programs include Aave Grants DAO, the Uniswap Grants Program, and the Ba...

TLDR: Compound, the DeFi lending protocol, is voting to revive their community grants program. The new program draws lessons and improvements from its past version with the goal of creating a decentralized program that incentivizes building on the Compound protocol.Grants programs are a common tool used by crypto projects to help incentivize and bootstrap building within their respective ecosystems. Some of these notable programs include Aave Grants DAO, the Uniswap Grants Program, and the Ba...

TLDR: Redacted Cartel, the DAO in charge of building out the Redacted ecosystem, is extending their current DAO operations budget to ensure the protocol continues shipping innovative products even in turbulent markets.Redacted Cartel launched in November of 2021 as a fork of Olympus DAO to expand it into the CRV ecosystem and provide liquidity within the now infamous Curve Wars. This community is in charge of stewarding the development of the Redacted ecosystem which includes products like Re...

TLDR: Redacted Cartel, the DAO in charge of building out the Redacted ecosystem, is extending their current DAO operations budget to ensure the protocol continues shipping innovative products even in turbulent markets.Redacted Cartel launched in November of 2021 as a fork of Olympus DAO to expand it into the CRV ecosystem and provide liquidity within the now infamous Curve Wars. This community is in charge of stewarding the development of the Redacted ecosystem which includes products like Re...

TLDR: Risk management platform Gauntlet is requesting a twelve-month work agreement from the Aave community to continue its previous work securing the DeFi protocol. Aave counts on various ecosystem contributors to further decentralize and strengthen the protocol’s security.Aave is a leading DeFi liquidity protocol celebrated not only for its dynamic features but also for its robust ecosystem of contributors, service providers, and developers. Current providers working with Aave include Llama...

TLDR: Risk management platform Gauntlet is requesting a twelve-month work agreement from the Aave community to continue its previous work securing the DeFi protocol. Aave counts on various ecosystem contributors to further decentralize and strengthen the protocol’s security.Aave is a leading DeFi liquidity protocol celebrated not only for its dynamic features but also for its robust ecosystem of contributors, service providers, and developers. Current providers working with Aave include Llama...

TLDR: ENS is currently searching for an asset manager to help steward the DAOs forthcoming endowment. The DAO hopes its endowment fund and its subsequent management will lead to a more robust and stable ENS going forward. Their proposed plans showcase how an endowment may benefit DAOs and the unique challenges they face to implement such an initiative.ENS DAO, a key web3 protocol, has passed a proposal requesting applications for an endowment fund manager. The popular web3 naming service had ...

TLDR: ENS is currently searching for an asset manager to help steward the DAOs forthcoming endowment. The DAO hopes its endowment fund and its subsequent management will lead to a more robust and stable ENS going forward. Their proposed plans showcase how an endowment may benefit DAOs and the unique challenges they face to implement such an initiative.ENS DAO, a key web3 protocol, has passed a proposal requesting applications for an endowment fund manager. The popular web3 naming service had ...

TLDR: Nouns DAO is debating whether to extend funding for a custom governance client that enables context and discussion building for its ever popular decision-making process. The team behind the platform have withdrawn the proposal to incorporate changes and further align with the community.Nouns DAO has been successful in deploying thousands of ETH towards various projects and builders in an effort to proliferate the “Noggles meme”. Over the course of Nouns DAO’s history, more than 180 on-c...

TLDR: Nouns DAO is debating whether to extend funding for a custom governance client that enables context and discussion building for its ever popular decision-making process. The team behind the platform have withdrawn the proposal to incorporate changes and further align with the community.Nouns DAO has been successful in deploying thousands of ETH towards various projects and builders in an effort to proliferate the “Noggles meme”. Over the course of Nouns DAO’s history, more than 180 on-c...