Governance BreakDAOwn: March 13, 2024

March 13, 2024 GOVERNANCE RESEARCH A Lending Renaissance   Gearbox is positioned to offer a 50% upside by addressing the shortcomings of current DeFi lending protocols, creating a chance to capture market share and encourage market expansion. Incorporating Liquid Restaking Tokens (LRT) has been instrumental in expanding undercollateralized lending protocols. In a favorable market climate, this trend is anticipated to continue, driven by increased adoption of LRT, the utilization of tokenized carry trades, and an upsurge in yield farming activities. This report assesses the perceived limitations to the growth of undercollateralized lending and how Gearbox is revolutionizing crypto lending.  Hooking into the Future: A Uniswap Valuation Farcaster's Frames The Road Ahead for Rollups and EIP4844 NOTABLE ACTIVE PROPOSALS (See all) DAO PROPOSAL VOTE DEADLINE Asyncronous Delegation (SIP 366): Introduce a feature allowing markets to mandate liquidity providers request collateral delegation changes, processed after a set delay. Mar. 17, 2024 SAFE Token Utility (SEP 21): Boost the utility of the SAFE Token.  Mar. 18, 2024 Restore Sushi DAO's Governance Forum: Produce an implementation to restore Sushi's governance forum after an operations team took down the forum. Mar. 12, 2024 Proposed Multisig Structure (SDGP 33): Revamp Stake DAO's multisig to bolster security and decentralization.   Mar. 14, 2024 NOTABLE CLOSED VOTES (See all) DAO PROPOSAL RESULTS Disable minting OETH with LSTs: Disable the minting of OETH with LSTs as the first step towards simplifying OETH.  Succeeded (100%) Introduce "Hold StkGHO" Reward Action: Introduce a new rewarded action, "Hold StkGHO," within the Merit program. Succeeded (100%) Q2 FY24 Layer 2 POL / Liquidity Plans (OIP 157): Establish 250,000 OHM/ETH V2 liquidity on Camelot and allocate a budget of $8,500 paid in OHM to integrate Arb One into OCA and Subgraph.  Succeeded (100%) Gravita Protocol | Gasdrop Request (GDR 008): Allow Gravita Protocol to participate in the DIA Oracle Gasdrop program.  Succeeded (100%) NOTABLE DISCUSSIONS (See all) DAO SUMMARY FORUM REPLIES : VIEWS Gitcoin Passport CLI: Requests $12,000 to create a CLI for Gitcoin Passport. 10 : 247 Enable Single Recipient Gauge for GEM/ETH on on Ethereum (BIP 558): Add a single recipient gauge for the 80/20 GEM/WETH pool on Ethereum and redirect emissions rewards to the locker contract. 0 : 143 New Community Management (GIP 61): Establish a structured framework for an ongoing community management team with compensation of 19,200 USDC. 4 : 403 Simple On-chain Delegation (LIP 21): Implement a mechanism to enable LDO holders to delegate their voting power to other addresses to ease the on-chain voting process. 6 : 260 LEARN MORE ABOUT GOVERNANCE   GET INVOLVED  Submit a new DAO Submit a new DAO tool   Did someone forward you this newsletter? Sign up here.  Explore Messari Governance. Unsubscribe 408 Broadway, New York, NY 10013-3699