📡 Update From the Grant Wire 📡
https://gov.optimism.io/t/experimenting-with-futarchy-for-optimism-grant-allocation-decisions/9678/35
https://gov.optimism.io/t/experimenting-with-futarchy-for-optimism-grant-allocation-decisions/9678/35
Optimism Collective
Experimenting with Futarchy* for Optimism Grant Allocation Decisions
Participating in the futarchy has been a really fun and interesting experience so far. 🙂 I may add some reflections later, but for now: Can you share the ballpark of how much superchain TVL increase the grant council expects from the different grantees?…
🆕 Venus Proposes Injecting 147,630 wUSDM on ZKSync to Restore Liquidity After Exploit
This proposal seeks to inject 147,630 wUSDM from the Venus Treasury on ZKSync to fully restore liquidity for wUSDM suppliers affected by a previous exploit, enabling users to withdraw their assets and improving the market’s operational health. The community unanimously supports the proposal, but approximately $400,000 in debt remains unresolved and will require further action.
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This proposal seeks to inject 147,630 wUSDM from the Venus Treasury on ZKSync to fully restore liquidity for wUSDM suppliers affected by a previous exploit, enabling users to withdraw their assets and improving the market’s operational health. The community unanimously supports the proposal, but approximately $400,000 in debt remains unresolved and will require further action.
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🆕 Optimism v1 Futarchy Grants Contest: Prediction Markets vs. Council for OP Grant Allocation
The summary discusses the results of the Optimism v1 Futarchy Grants Contest, which compared a prediction market-based grant allocation method (Futarchy) to the traditional Grants Council process for distributing 100K OP grants to projects aimed at increasing Superchain TVL, finding that Futarchy brought in new participants and showed higher aggregate TVL growth (mainly due to one outlier), but also had higher variance and lower prediction accuracy. Community feedback has been limited, with some criticism of the experimental design—particularly the low-information environment for the Grants Council—suggesting the need for improved controls and real incentives in future iterations.
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The summary discusses the results of the Optimism v1 Futarchy Grants Contest, which compared a prediction market-based grant allocation method (Futarchy) to the traditional Grants Council process for distributing 100K OP grants to projects aimed at increasing Superchain TVL, finding that Futarchy brought in new participants and showed higher aggregate TVL growth (mainly due to one outlier), but also had higher variance and lower prediction accuracy. Community feedback has been limited, with some criticism of the experimental design—particularly the low-information environment for the Grants Council—suggesting the need for improved controls and real incentives in future iterations.
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🆕 Optimism Proposes ETH Metrics, AI Intake, and Stricter Reviews for Grants Council Charter Amendment
A proposed amendment to the Grants Council Charter for Season 8 introduces ETH-denominated metrics, an AI-led intake process, stricter reviewer criteria, and enhanced conflict of interest protocols, aiming to better align incentives and improve review quality. With 8 replies, community reaction is limited but consistently supportive, with multiple Optimism delegates indicating the proposal is ready to move to a vote; no next actions have been specified.
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A proposed amendment to the Grants Council Charter for Season 8 introduces ETH-denominated metrics, an AI-led intake process, stricter reviewer criteria, and enhanced conflict of interest protocols, aiming to better align incentives and improve review quality. With 8 replies, community reaction is limited but consistently supportive, with multiple Optimism delegates indicating the proposal is ready to move to a vote; no next actions have been specified.
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🆕 Analysis of S7 Grants Council ROI Benchmarks Highlights Need for Clearer Evaluation Criteria in Optimism
This discussion analyzes S7 Grants Council grants by establishing OP-normalized ROI benchmarks based on Superchain TVL inflows from March 20 to June 12, 2025, highlighting methodological inconsistencies and the need for clearer, finalized measurement criteria for future grant evaluations. Community reaction is limited, with a few members raising concerns about transparency and methodology, and a commitment to clarify metrics by July 25, 2025.
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This discussion analyzes S7 Grants Council grants by establishing OP-normalized ROI benchmarks based on Superchain TVL inflows from March 20 to June 12, 2025, highlighting methodological inconsistencies and the need for clearer, finalized measurement criteria for future grant evaluations. Community reaction is limited, with a few members raising concerns about transparency and methodology, and a commitment to clarify metrics by July 25, 2025.
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🆕 Proposed DAB Charter Amendment for Optimism Seeks Expanded Authority and Stricter Governance
A proposed amendment to the Developer Advisory Board Charter for Seasons 8 and 9 would formalize the DAB’s expanded authority over protocol upgrades and Developer Adoption Grants, introduce stricter conflict of interest rules, and extend the charter term to 12 months. The community response has been supportive, with several Optimism delegates indicating the proposal is ready for a vote; no costs or next actions are specified.
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A proposed amendment to the Developer Advisory Board Charter for Seasons 8 and 9 would formalize the DAB’s expanded authority over protocol upgrades and Developer Adoption Grants, introduce stricter conflict of interest rules, and extend the charter term to 12 months. The community response has been supportive, with several Optimism delegates indicating the proposal is ready for a vote; no costs or next actions are specified.
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🆕 GIP-126: Proposal to Renew GnosisDAO Partnership with Nethermind for Chain Maintenance and Development
GIP-126 proposes renewing GnosisDAO’s partnership with Nethermind for Gnosis Chain maintenance and development, requesting 750,000 DAI for the first year starting in June 2025 with a 4% annual increase. The benefits include continued security, stability, and Ethereum alignment, with strong community support so far and no visible opposition, though the quorum has not yet been reached.
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GIP-126 proposes renewing GnosisDAO’s partnership with Nethermind for Gnosis Chain maintenance and development, requesting 750,000 DAI for the first year starting in June 2025 with a 4% annual increase. The benefits include continued security, stability, and Ethereum alignment, with strong community support so far and no visible opposition, though the quorum has not yet been reached.
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🆕 Proposal to Fund Beethoven X DAO as Balancer Service Provider for Q3 2025
This proposal requests 108,000 USDC to fund Beethoven X DAO as a Balancer Service Provider from July 1, 2025, to September 30, 2025, supporting technical innovation, ecosystem growth, and partner integrations for Balancer v3. Community feedback is positive, highlighting the team's key contributions and cost savings, with no next actions specified.
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This proposal requests 108,000 USDC to fund Beethoven X DAO as a Balancer Service Provider from July 1, 2025, to September 30, 2025, supporting technical innovation, ecosystem growth, and partner integrations for Balancer v3. Community feedback is positive, highlighting the team's key contributions and cost savings, with no next actions specified.
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🆕 Optimism Proposes M&M Council Charter for Season 8 to Enhance Grant Management Efficiency and Transparency
The discussion is about the proposed Milestones and Metrics (M&M) Council Charter for Season 8, which aims to improve grant management efficiency, transparency, and accountability through updated council structure, responsibilities, and new operational tools, with no significant changes to stipends. With 6 replies, the community reaction is strongly supportive, as multiple key delegates agree the proposal is ready to move to a vote, and no next actions have been set.
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The discussion is about the proposed Milestones and Metrics (M&M) Council Charter for Season 8, which aims to improve grant management efficiency, transparency, and accountability through updated council structure, responsibilities, and new operational tools, with no significant changes to stipends. With 6 replies, the community reaction is strongly supportive, as multiple key delegates agree the proposal is ready to move to a vote, and no next actions have been set.
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🆕 ENS Draft Proposal: Service Provider Program Season 2 Seeks $4.5M Budget for 8 Providers
This is a draft proposal to implement the Service Provider Program Season 2, increasing the annual budget from $3.6M to $4.5M for 8 providers (including 2 new ones), with technical and security measures in place to manage and limit financial exposure. Community reaction has been minimal, with only one comment noting a potential allocation error that may require clarification.
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This is a draft proposal to implement the Service Provider Program Season 2, increasing the annual budget from $3.6M to $4.5M for 8 providers (including 2 new ones), with technical and security measures in place to manage and limit financial exposure. Community reaction has been minimal, with only one comment noting a potential allocation error that may require clarification.
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🆕 Balancer Proposal Seeks Treasury Funding for OpCo Operations Through 2026
This proposal requests 380,513 USDC and 36,000 BAL (locked) from the Balancer DAO Treasury to fund Balancer OpCo Limited’s administrative, legal, and operational activities from July 2025 to June 2026, aiming to ensure continued support and cost-effective infrastructure for the DAO. The vote has not yet started, so there is no community feedback at this time.
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This proposal requests 380,513 USDC and 36,000 BAL (locked) from the Balancer DAO Treasury to fund Balancer OpCo Limited’s administrative, legal, and operational activities from July 2025 to June 2026, aiming to ensure continued support and cost-effective infrastructure for the DAO. The vote has not yet started, so there is no community feedback at this time.
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app.x23.ai
[BIP-846] Funding for the Balancer OpCo - Admin & Ops - Year 4 | Balancer
This proposal requests 380,513 USDC and 36,000 BAL (locked) from the Balancer DAO Treasury to fund Balancer OpCo Limited...
🆕 Gitcoin: Draft DDA Report Proposes Ethereum as Default Blockchain for Sustainable Development, Seeks Up to $150K Funding
The discussion is about a draft DDA report proposing to position Ethereum as the default blockchain for sustainable development, with a funding request of up to $150,000 (and a $500,000 goal) to support impactful projects and scale a capital allocation program, while also highlighting real-world social impact projects like Recovery Haven and Recovery Commons. Community reaction is limited but constructive, focusing on the need for a clear strategy to scale funding and attract capital, with no next actions decided yet.
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The discussion is about a draft DDA report proposing to position Ethereum as the default blockchain for sustainable development, with a funding request of up to $150,000 (and a $500,000 goal) to support impactful projects and scale a capital allocation program, while also highlighting real-world social impact projects like Recovery Haven and Recovery Commons. Community reaction is limited but constructive, focusing on the need for a clear strategy to scale funding and attract capital, with no next actions decided yet.
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🆕 Balancer OpCo Proposes $80K and 3,125 BAL for Frontend Development Through Sept 2025
This proposal requests $80,490 and 3,125 BAL to fund the Balancer OpCo Product Team’s frontend development and maintenance from July to September 2025, aiming to enhance the Balancer protocol’s UI/UX and support new V3 features with a reduced budget. Community feedback is not yet available as the vote has not started.
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This proposal requests $80,490 and 3,125 BAL to fund the Balancer OpCo Product Team’s frontend development and maintenance from July to September 2025, aiming to enhance the Balancer protocol’s UI/UX and support new V3 features with a reduced budget. Community feedback is not yet available as the vote has not started.
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🆕 Proposal to Fund Beethoven X DAO Contributors for Balancer v3 Technical Services and Advisory Work
This proposal requests 108,000 USDC to fund three full-time Beethoven X DAO contributors for technical services and advisory work for Balancer DAO from July 1, 2025, to September 30, 2025, aiming to support Balancer v3 adoption and ecosystem growth. Community feedback is not available yet as the vote has not started.
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This proposal requests 108,000 USDC to fund three full-time Beethoven X DAO contributors for technical services and advisory work for Balancer DAO from July 1, 2025, to September 30, 2025, aiming to support Balancer v3 adoption and ecosystem growth. Community feedback is not available yet as the vote has not started.
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