Nouns on nouns on nouns

The Tally Newsletter, Issue 81

Jan 20

Welcome back to the Tally Newsletter, a weekly publication focused on DeFi and DAO governance. We’ll keep you updated on key proposals, procedural changes, newly launched voting systems, and shifting power dynamics in the Tally ecosystem. We’ll also recommend the most important reads and listens of the week to ensure you’re an informed citizen of web3.

I’m coolhorsegirl, a DeFi native and the newest member of Tally’s newsletter collective. With prior experience at Index Coop, I’m interested in DAO governance and general DeFi innovation aimed at maximizing decentralization. In this issue, we’ll cover active, on-chain proposals from:

Compound
Nouns DAO
Ampleforth
Silo
Code4rena
DegenX Ecosystem

⌛️ On-chain Proposals

On-chain DAOs are decentralized autonomous organizations that operate entirely on the blockchain, using smart contracts and other blockchain-based technologies for its operations and decision-making processes. Tally believes that true DAOs operate on-chain.

Compound

Initialize cWETHv3 on Ethereum

Summary: Takes the governance steps recommended and necessary to initialize a Compound III WETH market; upon execution, cWETHv3 will be ready for use.

Voting ends: January 23rd

Nouns DAO

nouns.eth: set reverse record (alternative proposal)

Summary: By setting this reverse record, anyone will be able to easily send anything to Nouns by simply inputting nouns.eth.

Voting ends: January 21st

Nouns On The Ground 2023 ⌐◨-◨

Summary: Nouns On The Ground 2023 is requesting 520 ETH in funding for one year, which will allow NounsOTG to nounify 18 events during 2023, with a focus on 4 major events; NFT Paris, ETH Denver, NFT Toronto and Burning Man.

Voting ends: January 21st

Nouns Studio1 - extension 2023

Summary: David Horvath via Nouns Studio requests $200,000.00 USD equivalent to extend Studio1 for one full year.

Voting ends: January 24th

Ampleforth

Chainlink Pricefeed Migration

Summary: Upgrade AMPL pricefeed to Chainlink’s latest update.

Voting ends: January 23rd

Geyser Refresh for January 23rd, 2023

Summary: As the current wave of geysers are set to expire on January 23, 2023, move from four geysers spread across two chains to two geysers on Ethereum Layer 1, refocusing on AMPL/ETH and SPOT/USDC.

Voting ends: January 23rd

Remaining HourGlass Grant

Summary: The HourGlass team is proposing that the Forth DAO inflate and use a portion of the newly minted assets as a grant towards setting up the contracts so that FORTH DAO can borrow against the remaining assets (including the unclaimed FORTH).

Voting ends: January 23rd

Silo

SIP-32 Setup fallback providers for DAI and USDP

Summary: Set up price feeds for DAI and USDP, including a fallback price provider for DAI in ChainlinkV3PriceProvider

Voting ends: January 22nd

Code4rena

C4IP-18: Fund Code4 Corp for Feb-Mar 2023

Summary: We are requesting an additional $578,557 to add to the estimated Jan 31 balance of $10,000 to accommodate our forecasted budget through March 31, 2023 of $588,557.

Voting ends: January 24th