Oxytocin (@curly) • Hey

DeFi and DAO Builder. Head of Community at ParaSwap, Optimism Delegate, cooperation maximalist.

Stats

Publications

wip: Generative art based on your lens profile stats and activity. The more followers you have and become more active the more dynamic and colorful the generative art becomes. coming soon! drop your handle below below if you are interested 🙂
I know that there's never a boring day in crypto, but can you people please not blow up the discussion the one weekend I couldn't keep up with it? :p Anyway, just kidding, crypto being open on weekends is one of the strongest advantages it has compared to tradfi! I know that now I am very late to discuss the AIP-1 situation (even the Foundation is already amending it), but I thought I'd at least do my duty as a delegate and report a couple fresh thoughts I have not seen being discussed much compared to the 750M $ARB allocation from the proposal: **Security Council elections** Why two terms? I haven't seen much discussion about the security council at all, and there's some things that I'd like to discuss on some other time, but my biggest shock for me is how AIP-1 seems to not only have a cohort ready for the March term, but one ready for September! This seems to go against the very constitution(https://docs.arbitrum.foundation/dao-constitution) being 'ratified' , and from a common sense perspective it feels weird for me. Imagine voting for an electoral candidate for both election day and the midterms. **Communication improvements** Had it not been for Blockworks research and the tweetstorm, I would not even be aware that the Snapshot vote was live. The official Arbitrum Discord currently does not have a governance section and the announcements section only chimed in once the discussion gathered steam. Going forward, if the Arbitrum Foundation believes they deserve the operational budget they were given I'd like to see clearer communications more akin to every other DAO of a similar size. **Ending on a Positive Note!** There's been a lot of drama about this, but personally, I still believe that the intentions of the AIP came from a good place. Like other recently born DAOs, Arbitrum is playing with new DAO rulesets and I respect that. AIP-1 was a way to make the Carte Blanche most foundations give themselves before the birth of a DAO some transparency, which backfired after it was interpreted as a post-DAO action. Usually, many foundations skip this step, and that leads to people not being angry simply because it's not communicated, hidden in docs or straight up non-negotiable. I am glad that Offchain Labs at least tried to start off with a good foot, and it's bringing cool ideas to the table like a Security Council, airdropping protocols and even allowing the firing/replacing directors directly through the DAO. I hope this catchup had at least some freshness over the whole situation! I'll share these thoughts in the forum once the discussion advances to the next stage, right now I feel that there's a lot of uncertainty on where the redactors are planning to move from here.
Looks like things are $ARB -out to heat up in the rollup space! I'm excited to see another rollup adopting a DAO governance model, and I want to lend my hand with supporting public goods and DeFi in Arbitrum as a delegate. If you don't know who to delegate your drop to today, feel free to give a read to my Delegate Application Post 🤗 https://forum.arbitrum.foundation/t/delegate-application-template/31/6?u=oxytocin
GM lens frens ! The application is running smoothly. let's increase the reward @wav3s Just Follow & Mirror this post to receive 1 WMATIC
Already posted these thoughts on the bird site, but thankfully this one doesn't have a silly limit. If DeFi wants to be the world settlement layer, it needs to abandon centralisation as much as possible. Regardless of my opinion of the rulings, they're a great test for the space, because we can't let a single country determine how the world computer should be running. We need CEX staking and more trustless LSDs like $rETH (I heard Stakewise is moving that direction?). CEXes shouldn't be running the network they're competing against, even if just out of convenience. For stablecoins, we already have some decentralised alternatives like LUSD and MAI, but the current model makes them very difficult to scale. Honestly, that's why I'm excited for $GHO and $crvUSD , they will add a whole new dimension of trustless stables. Don't be scared by these news, they're just a test of something better coming later.
I think my favorite feature of Lens so far is the idea of collecting posts. The idea of owning special moments is something that will never be possible in a permissioned system. Here's my 'Hello Lens world'!