Governance BreakDAOwn: March 27, 2024

March 27, 2024 GOVERNANCE RESEARCH Blobs and Magic Spend: A Recipe for Smart Wallet Growth   Coinbase's Smart Wallet and Magic Spend, leveraging Ethereum's Dencun upgrade and EIP-4844, substantially cut Layer-2 costs and streamlined funding, making on-chain transactions cheaper. These innovations enhance user experience with features like Passkey Owners and cross-chain capabilities and expand smart wallet adoption by integrating on-chain spending directly from Coinbase accounts, setting a new benchmark in wallet functionality and user engagement. This report assesses how this innovation catalyzes broader smart wallet adoption. A Lending Renaissance Hooking into the Future: A Uniswap Valuation Farcaster's Frames This is our last edition of Governance BreakDAOwn. Although you will no longer be receiving this newsletter, you can stay up to date on all things governance here. NOTABLE ACTIVE PROPOSALS (See all) DAO PROPOSAL VOTE DEADLINE Reset Aave v3 Deployment Pipeline: Restart Aave V3 deployment and require fresh ARFC votes for each chain, reverting progress to initial discussion and analysis. Mar. 29, 2024 Carbon Vortex 2.0 - Dutch Auction: Update to Vortex 2.0 to function without reliance on B3 by taking the fees earned and converting them to BNT via ETH.  Mar. 27, 2024 Support the integration of Hashi within Gnosis Chain's Canonical Bridges (GIP 93): Secure funding for integrating the Hashi protocol into the Gnosis Chain's xDAI Bridge and AMB. Apr. 2, 2024 Frax Singularity Roadmap Part 1 (FIP 341): Approve Frax's Singularity Roadmap, which aims to unify all aspects of Frax into a unified vision and roadmap. Mar. 31, 2024 NOTABLE CLOSED VOTES (See all) DAO PROPOSAL RESULTS Future of Treasure's Arbitrum Council (ARC) (TIP 38): Determine if the Arbitrum Council (ARC), whose term ends on Apr. 30, 2024, should be renewed, re-elected or dissolved.  Succeeded (99.66%) Governance Improvements Proposal 2.0 (RGP 24): Revise Radworks' proposal cycle to earlier posting, new review dates and eliminate "Consensus" type. Succeeded (100%) Voting With treasury ARB on the STIP-Bridge (AIP 47): Gauge the Abradacabra DAO's stance on the STIP-Bridge proposal featured on the Arbitrum Forum, which involves a potential ARB stimulus for STIP grant recipients.  Succeeded (99.86%) V2 Deprecation (Phase 10 Part 2) (Mar. 18, 2024) (230): Increase the reserve factors for AAVE, BAT, MKR, YFI, and ZRK from 25% to 50%.  Succeeded (100%) NOTABLE DISCUSSIONS (See all) DAO SUMMARY FORUM REPLIES : VIEWS Safe Token Utility Sprint 1: Approve $50k for Safe Token Utility Sprint 1 to identify and detail promising SAFE Token use cases in DeFi and staking. 1 : 109 TrueFi Trinity: A new Vision and Roadmap: Approve $120k for Trinity V1 audit, a new lending protocol aimed for Real-World Assets (RWAs) onchain, through its dollar-denominated, liquid token TRI.. 15 : 504 DAO Treasury Diversification Plan (RRC 22): Approve treasury diversification plan for the DAO aimed at strengthening its financial position.  0 : 142 Reviving the NFT Market: Create entity tasked with overseeing a pool of revolving community-owned Ethereum-based NFTs from collections that grant intellectual property rights to their holders. 8 : 288 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