Season 5, Voting Cycle #17
GM Poolers,
OP token house governance is back from hibernation and the PoolCollective is voting with 1.18m OP.
Here’s a TL;DR of the proposals in cycle 17, including our votes:
TL;DR: This proposal by Test in Prod suggests the Delta network upgrade, introducing Span Batches—a new batching spec. Span Batches improve efficiency by encoding consecutive L2 blocks into one batch, significantly cutting L1 costs. Backtesting shows a reduction of ~97% for inactive chains and 6%~11% for performant chains like OP Mainnet or Base Mainnet. This upgrade supports OP Stack adoption by meaningfully lowering L1 costs for OP Chains, mitigating risks in launching new L2s with the OP Stack.
Our vote: For
Proposal to Reclassify Grant Misusage Enforcement
TL;DR: The Foundation proposes changes to grant misusage enforcement by eliminating delegate responsibility. This involves reclassifying the Grant Clawback proposal type, removing it from the Operating Manual, and designating it as an enforcement option under Grant Policies, to be processed by the Token House Code of Conduct Council. Additionally, the proposal suggests replacing the Future Grant Freeze with the Grant Misusage Process, offering a governance-minimized approach for objective reporting and verification of grant misusage, documented in a public database, thus reducing the need for Token House delegates’ involvement in enforcement decisions.
Our vote: For
Code of Conduct Council Enforcement Actions Cycle #17
TL;DR: The new CoC Council published a report about enforcement actions during cycle 17. This report includes three legacy Code of Conduct Violation Reports that were submitted previously and have not been handled by the Foundation as the new process has been voted on. The CoCC has assessed and enforced actions to be approved if the proposal isn’t vetoed.
Our vote: not voted (optimistically approving)