Hi,
My onchain identity is derbygold.eth. I am a market maker, arbitrageur and grants reviewer in web3.
My reasons for wanting to be a delegate:
I believe Optimism is going to be at the heart of many unprecedented innovations that would bring a positive impact to web3 and its growth and adoption. I want to help support this development as a delegate.
Optimism's vision resonates well with my belief in public goods funding and its commitment has drawn me to participate in it.
My view on the Optimistic Vision 1:
I am inspired by the Optimistic Vision and would like to support it at a deeper level. I whole heartedly support the Optimistic Vision of a coordinated, collaborative cyberspace, where we can be united in our efforts to bring positive change and impact to as many people and projects as possible through public goods. It would not be easy to achieve this vision for sure, but in my opinion, Optimism has laid a solid foundation and is well-positioned to make it a reality.
The Optimistic Vision is also very much aligned with our own interests in decentralized governance and our belief that positive impact to the ecosystem/collective should be efficiently and fairly rewarded to the builders, users, and value creators that contribute the most.
My view on the first three articles of the Working Constitution:
Decentralized governance and DAOs are in a nascent stage and will definitely experience growing pains. As such, it is indeed prudent to undergo a few years of experimentation and treat the Working Constitution as a ‘living’ entity that evolves over time based on lessons learnt, instead of relying on a rigid, fixed model. However, it is imperative that this commitment to experimentation is concurrently anchored by the shared Optimistic Vision and the core values of the collective, to ensure a united and harmonious community focused on the same objectives.
We agree with Optimism’s use of a bicameral governance system. Checks and balances are necessary for any governance model, especially in relation to public goods. In the context of simple token-based voting, it is possible for a few large token holders to accumulate massive voting power to serve their own interests instead of benefiting the collective or wider ecosystem. A bicameral governance system with retroactive public goods funding based on past contributions and governed by the Citizens’ House could potentially mitigate such plutocracy. This would in turn provide long-term, sustainable incentives for the participants that create the most value on Optimism.
For the purpose of efficiency and practicality, I agree that the Optimism Foundation would be a good initial steward of the collective and its early governance model. This helps ensure a more structured establishment and management of the collective as it takes its baby steps. I am confident that the Optimism Foundation will act in the best interests of the collective.
My skills and areas of expertise: Market maker, arbitrageur and grant reviewer in web3.