We are a team of dedicated governance enthusiasts who have been in the crypto governance space for over four years. Our team were some of the first members involved in defi governance and we want to apply what we have learned over the years to Moonwell.
Some of the team has been using Moonwell since the OG Moonbeam days. Recently, with the protocol’s strategic shifts and deployments, we have accrued a small treasure chest of the token ourselves through Morpho incentives. We intend to keep these tokens and continue to build our reserves, aligning ourselves financially with the DAO. We’re excited to become delegates and are grateful to be along for the journey!
Core Values:
Growth: Our decisions are primarily focused on the growth of the protocol. This often results in how to spend money efficiently, but even more importantly and objecting for unreasonable spends and knowing when to vote no.
Transparency: Clear communication with votes and explanations of reasoning, and an equivalent demand for proposals to do the same. Too often we see thousands, if not millions, being rolled up together and glossed over during proposals.
Accountability: Too often once a decision is done, having proper accountability becomes an afterthought. Whether it’s a DAO promise or a grant or a new program, once a DAO votes something in, we forget about it. Our goal with PGov is to both continue to check in on these decisions as well as ensure that there are proper channels set up to ensure accountability.
Conflicts of Interest:
If situations arise, we will abstain from a vote, and clearly state the conflict on the forums.
We voted For: It seems like the whole community is in support of this except for one large whale. Not sure who this delegate was but we’d like to clarity. We have expressed out reasoning further here.
We voted For: All of these on chain MIP votes are pretty staight forward and we are in support of all of them. We will look to provide further feedback during the snapshot stages now that we are a delegate and fully onboarded for such.
We for For: Simlar reasoning for both, we are in favor of this requirement to get involved in governance and are excited to see the increased participation. Some more thoughts:
We voted For: Glad to see this public allocator feature set up. We are avid users of Morpho and this specific vault in particular too so nice to see the increased efficiency.
We voted For: We know the Mountain guys well and think they will do a great job at this market on OP. Curious is this is as part of the mandate for another project such as OP grants council grants?
We voted For: The pufETh market is pretty mature and deep on Base. A few money markets and lending protocols have this already integrated, and it would make sense to do it on moonwell as well.
We voted For, Replace Immunefi: We’ve worked with the ImmuneFi team a lot in the past and overall are very fond of their work. However, if it makes sense to move away and towards a more passive payout system and team, especially given costs, this makes sense.
We voted Yes: This makes total sense and we don’t see any realistic drawdowns. Directing this OEV to protocol reserves is better than losing it to liquidation bots and this initial test on Aero markets makes sense.