TLDR
I’d like to propose the idea of linking LXDAO and optimism, as well as being a representative of Optimism’s Civic House Governance
Motivation
LXDAO is a DAO with a strategic focus on public goods, our mission is to support valuable public goods in a sustainable way, and after a year of development that has resulted in the birth of a number of public goods, I’d like to make a deep connection between LXDAO and optimism!
EVM
Optimism is a Layer 2 Optimistic Rollup network designed to utilize the strong security guarantees of Ethereum while reducing its cost and latency. Optimism is EVM equivalent, making the transition from L1 to L2 as seamless as possible. This means one-click deployments and full compatibility with most of the tooling Ethereum developers are accustomed to. It also means that with very few exceptions, existing Solidity smart contracts can run on Optimism exactly how they run on Ethereum. You can read more about EVM Equilvance here:
Public goods
Optimism is a public goods funding mechanism, and any deployments on Optimism support the funding of open-source public goods. This creates a positive economic feedback loop that funds critical infrastructure and innovation for developers and users alike. Read more about our retroactive public goods funding:
Governance
The Optimism Collective is governed by a two-house system. The Token House is made up of OP holders and their delegates, and the Citizens’ House is a one-person-one-vote system based on reputation.
The Optimism Token House is made up of OP tokenholders and their delegates. Tokenholders and their delegates are expected to be rational economic actors interested in preserving or increasing the economic well-being of the Optimism Collective. Therefore, the Token House is responsible for decisions that affect business parameters of the system such as inflation or the variables that govern sequencer selection. Token voting is distributed widely and permissionlessly and helps represent the free market in the Collective’s decision making.
In contrast to the Token House, the Citizens’ House uses a one-person, one-vote system. Citizens are meant to represent individual human stakeholders of the Collective: builders, users, and community members who are aligned with the project’s values and are interested in the long-term benefit of the Collective. Therefore, the Citizens’ House is responsible for decisions that may require prioritizing long term growth ahead of other goals – decisions like allocating funding to public goods that support the Collective. In the long term, we can expect the Citizens’ House to expand to include the thousands or millions or billions of humans interacting with Optimism.
Simply put, Citizens’ House governance and our LXDAO’s long-term development strategy to support public goods highly overlap, and we’re focusing on this
Basic introdution
Optimism has support for Gnosis, TheGraph and Chainlink. Metrics:
TVL: $2.39B →
682k ETH in fee savings over the last 30 days →
https://dune.xyz/msilb7/Optimism-Transaction-Fee-Savings
10M unique addresses since regenesis →
https://optimistic.etherscan.io/chart/address
Audience:
Twitter 581.8k →
https://twitter.com/optimismPBC
Docs →
Website →
GitHub →
RFG →