DeFi

• Aave Discussion; Llama <> Aave

  • This proposal outlines a 12-month plan to collaborate with Aave on growth, analytics, protocol updates, and treasury management.

  • Over the past 12 months, Llama has received funding from Aave Grants DAO for projects such as treasury management, protocol updates, DAO to DAO alliances, and analytics. Llama should switch from short-term funding to a longer-term work scope funded by governance, according to advice from Aave Grants, in order to have a greater influence on the Aave ecosystem.

  • On protocol engineering, treasury allocation, and analytics, Llama collaborates with DAOs. Aave, Nouns, Uniswap, dYdX, Lido, Gitcoin, Maker, Radicle, PoolTogether, and FWB are just a few of their clients. Additionally, they have developed treasury strategies, liquidity incentive programs, bidding interfaces, on-chain indexes, analytics dashboards, and financial reports. They have also executed protocol updates.

  • In this proposal Aave is asking for a $2.5 million fee for 12 months. This fee is broken down into three components:

    • $0.5 million paid up front in stablecoins.

    • $1 million paid in stablecoins and streamed linearly over the course of the contract.

    • $1 million in AAVE vested linearly over the course of the contract.

• Aave Discussion; Gauntlet Update: V3 Markets Integration Progress

  • Gauntlet has been developing its simulation platform over the past few months in order to offer continuous market risk management for Aave's V3 marketplaces. Before launching risk coverage for V3 ETH (waiting the V2 to V3 upgrade), Gauntlet will first deploy risk coverage for V3 AVAX. Here, we give the neighborhood an update on the status and schedule of our integration.

  • When it comes to managing risk across chains, Gauntlet will simulate various token and market parameters and examine the effects they have on user behavior and protocol impact. User positions on V3 may alter noticeably from V2 due to the improved market structure (e-mode, isolation mode, etc.). Our simulations incorporate user positions and cross-chain data to enable the optimization of capital efficiency through a thorough comprehension of market risk.

• Balancer Discussion; [BIP-XX] Stable Pool V2 Permission Granting

  • Several variables in the Stable Pool v2 smart contract determine their effectiveness and can be adjusted based on the state of the market. If this proposal is accepted by the community, the Balancer Maxis, who traditionally manage fees and the amplification factor for weighted and stable pools, would now be allowed to do the same for the new stable pools v2. Any changes to a pool's settings will be announced prior via Discord.

  • Around two months ago, the Stable Pool v2 factory was set up. The authorizations to be ratified by this proposal would allow the historical Gauntlet multisig and a multisig controlled by the Balancer Maxis to manage specific Stable Pool v2 contract settings to improve their capital efficiency and returns to liquidity providers. Certain permissions will also be given to the Emergency subDAO.

• Balancer Discussion; [BIP-XX] Revised Gauge Migration to Composable Stable Pools

  • The motivation for this proposal stems from a vulnerability disclosed by a Benevolent Hacker in Fernando’s Vulnerability Disclosure, it is important to note that no funds were ever at risk. 

  • The first risk identified is that the current audit will lead to a recurrence of the move. In this instance, some minor problems with the getRate() function and issues with pool owners setting swap fees were found and have since been fixed in the most recent ComposableStable factory deployment. There are a few extra pools included in the scope of the migration because time has passed since the last proposal.

  • The following pools, which have the same underlying assets and attributes as the originals, will be replaced by the recently deployed ComposableStablePool and StablePool v2 contracts and will automatically be approved for a liquidity gauge. A liquidity mining gauge will be active on the revised addresses and will no longer be available to the deprecated pools.

Public Goods

• ENS Proposal; ENS Endowment

  • This Proposal outlines the endowment of the ENS Fund

  • This would require a fund manager to be voted into the position. The requirements of the job will be:

    • Expand the endowment structure specified in the accepted proposal into an executable form.

    • Work with the ENS Meta-Governance stewards to refine the proposal.

    • Implement the proposal onchain.

    • Administer and adjust the endowment as necessary on an ongoing basis.

  • The current holdings of ENS DAO are:

    • 13,069 ETH (~$20M) in earned income

    • $3,817,067 USDC

    • 18,184 ETH (~$20M) in unearned income

  • You can submit your proposals to Meta-Governance WG stewards from September 15th - October 10th

Creator Economy

• Bankless Disscussion; Thrive Coin Pilot

  • This proposal seeks to use Thrive Coin to reward bDAO contributors, especially those who contribute in:

    • bDAO Snapshot contributions

    • bDAO Discord activity

    • bDAO Twitter engagement

  • This proposal requires no funding because it is being used as a test, which means contributors will be paid in $THRIVE but in the future, if Thrive is adopted contributors will earn $BANK

  • The action items for this proposal are:

    • Appoint a point of contact team

    • Set up and finalize initial contribution opportunities

    • Announce the initiative and encourage participation

  • You can find more information about the Thrive team on the proposal that aligns with the specifications of the project

Infrastructure & Tooling

• Rocket Pool Discussion; pDAO Guardian Multisig Charter

  • This discussion is creating guiding principles for pDAO and its future

  • The first role of the pDAO Guardian Multisg is to protect the integrity and maintain security parameters of the DAO

    • pDAO is going to check to make sure onboarding work and is efficient for new users

    • pDAO is going to curb any malicious exploits that could damage the security or integrity of the Rocket Pool Project

     

  • This discussion could you constructive criticism and additional rules to make it complete

• POKT Proposal; Independent Pocket Network Reddit Marketing Budget

  • This proposal seeks $1,250 USD a month to promote and educate users on Reddit about POKT

  • This will include at least 5 posts per month that usually are ranked #1 by moderators 

  • This project will also avoid “shilling” at all costs

  • The best way to do your own research on these contributors would be to check out their past posts about POKT on Reddit which is linked above

DeFi

• Aave Discussion; Llama <> Aave

  • This proposal outlines a 12-month plan to collaborate with Aave on growth, analytics, protocol updates, and treasury management.

  • Over the past 12 months, Llama has received funding from Aave Grants DAO for projects such as treasury management, protocol updates, DAO to DAO alliances, and analytics. Llama should switch from short-term funding to a longer-term work scope funded by governance, according to advice from Aave Grants, in order to have a greater influence on the Aave ecosystem.

  • On protocol engineering, treasury allocation, and analytics, Llama collaborates with DAOs. Aave, Nouns, Uniswap, dYdX, Lido, Gitcoin, Maker, Radicle, PoolTogether, and FWB are just a few of their clients. Additionally, they have developed treasury strategies, liquidity incentive programs, bidding interfaces, on-chain indexes, analytics dashboards, and financial reports. They have also executed protocol updates.

  • In this proposal Aave is asking for a $2.5 million fee for 12 months. This fee is broken down into three components:

    • $0.5 million paid up front in stablecoins.

    • $1 million paid in stablecoins and streamed linearly over the course of the contract.

    • $1 million in AAVE vested linearly over the course of the contract.

• Aave Discussion; Gauntlet Update: V3 Markets Integration Progress

  • Gauntlet has been developing its simulation platform over the past few months in order to offer continuous market risk management for Aave's V3 marketplaces. Before launching risk coverage for V3 ETH (waiting the V2 to V3 upgrade), Gauntlet will first deploy risk coverage for V3 AVAX. Here, we give the neighborhood an update on the status and schedule of our integration.

  • When it comes to managing risk across chains, Gauntlet will simulate various token and market parameters and examine the effects they have on user behavior and protocol impact. User positions on V3 may alter noticeably from V2 due to the improved market structure (e-mode, isolation mode, etc.). Our simulations incorporate user positions and cross-chain data to enable the optimization of capital efficiency through a thorough comprehension of market risk.

• Balancer Discussion; [BIP-XX] Stable Pool V2 Permission Granting

  • Several variables in the Stable Pool v2 smart contract determine their effectiveness and can be adjusted based on the state of the market. If this proposal is accepted by the community, the Balancer Maxis, who traditionally manage fees and the amplification factor for weighted and stable pools, would now be allowed to do the same for the new stable pools v2. Any changes to a pool's settings will be announced prior via Discord.

  • Around two months ago, the Stable Pool v2 factory was set up. The authorizations to be ratified by this proposal would allow the historical Gauntlet multisig and a multisig controlled by the Balancer Maxis to manage specific Stable Pool v2 contract settings to improve their capital efficiency and returns to liquidity providers. Certain permissions will also be given to the Emergency subDAO.

• Balancer Discussion; [BIP-XX] Revised Gauge Migration to Composable Stable Pools

  • The motivation for this proposal stems from a vulnerability disclosed by a Benevolent Hacker in Fernando’s Vulnerability Disclosure, it is important to note that no funds were ever at risk. 

  • The first risk identified is that the current audit will lead to a recurrence of the move. In this instance, some minor problems with the getRate() function and issues with pool owners setting swap fees were found and have since been fixed in the most recent ComposableStable factory deployment. There are a few extra pools included in the scope of the migration because time has passed since the last proposal.

  • The following pools, which have the same underlying assets and attributes as the originals, will be replaced by the recently deployed ComposableStablePool and StablePool v2 contracts and will automatically be approved for a liquidity gauge. A liquidity mining gauge will be active on the revised addresses and will no longer be available to the deprecated pools.

Public Goods

• ENS Proposal; ENS Endowment

  • This Proposal outlines the endowment of the ENS Fund

  • This would require a fund manager to be voted into the position. The requirements of the job will be:

    • Expand the endowment structure specified in the accepted proposal into an executable form.

    • Work with the ENS Meta-Governance stewards to refine the proposal.

    • Implement the proposal onchain.

    • Administer and adjust the endowment as necessary on an ongoing basis.

  • The current holdings of ENS DAO are:

    • 13,069 ETH (~$20M) in earned income

    • $3,817,067 USDC

    • 18,184 ETH (~$20M) in unearned income

  • You can submit your proposals to Meta-Governance WG stewards from September 15th - October 10th

Creator Economy

• Bankless Disscussion; Thrive Coin Pilot

  • This proposal seeks to use Thrive Coin to reward bDAO contributors, especially those who contribute in:

    • bDAO Snapshot contributions

    • bDAO Discord activity

    • bDAO Twitter engagement

  • This proposal requires no funding because it is being used as a test, which means contributors will be paid in $THRIVE but in the future, if Thrive is adopted contributors will earn $BANK

  • The action items for this proposal are:

    • Appoint a point of contact team

    • Set up and finalize initial contribution opportunities

    • Announce the initiative and encourage participation

  • You can find more information about the Thrive team on the proposal that aligns with the specifications of the project

Infrastructure & Tooling

• Rocket Pool Discussion; pDAO Guardian Multisig Charter

  • This discussion is creating guiding principles for pDAO and its future

  • The first role of the pDAO Guardian Multisg is to protect the integrity and maintain security parameters of the DAO

    • pDAO is going to check to make sure onboarding work and is efficient for new users

    • pDAO is going to curb any malicious exploits that could damage the security or integrity of the Rocket Pool Project

     

  • This discussion could you constructive criticism and additional rules to make it complete

• POKT Proposal; Independent Pocket Network Reddit Marketing Budget

  • This proposal seeks $1,250 USD a month to promote and educate users on Reddit about POKT

  • This will include at least 5 posts per month that usually are ranked #1 by moderators 

  • This project will also avoid “shilling” at all costs

  • The best way to do your own research on these contributors would be to check out their past posts about POKT on Reddit which is linked above