Nouns on nouns on nouns
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Nouns on nouns on nouns
The Tally Newsletter, Issue 81
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
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
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
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
DegenX Ecosystem
GMX->GLP Reward Farming for Backing
Summary: Swap 400 of 840 of AVAX in backing for GLP. Put GLP on Beefy Autocombounder to earn rewards in GMX.
Voting ends: January 25th
📝 10 Things To Read or Listen To
Article: “Crypto’s Section 230: A Policy Platform for DAOs” by Nathan Schneider
Article: “What is Contribution-Based Governance?” by Stefen Deleveaux
Article: “Multiple Voting Systems in Decentralized Governance” by Bobby Bola
Thread: “DAO governance token delegation is a form of abdication” by mel.eth
Video: “Exploring Metagovernance” by DAO Governance Education Session
Twitter Space: “Anti-Sybil OGs - The FDD from Gitcoin!” from OpenDataCommunity
Twitter Space: “Learn about subnames + NameWrapper Update” by ENS
Twitter Space: “Why is this Gitcoin Alpha Round different and why does it matter?” from Giveth
Twitter Space: “DAO Leadership” from MemeBrains
Podcast: “DAOs Inspiring Optimism” on DAO or Never
💫 DAO Talk: How DAOs Win | Weekly Ep. 30
🤭 Meme of the Week
Hope you like the new banner! Lots of votes this week—get after it. See you next Friday!