🏛️📞 MetaGov Working Group – 2025 Meetings: Tuesdays at 2pm UTC (Currently 9:00 am ET)

Details

Time: Tuesdays at 9:00 am ET (1pm UTC)
Google Meet Link: meet.google.com/bms-grvp-jbw

Stewards:

Agenda

  1. Weekly Endowment Updates (@karpatkey + @Steakhouse)
  2. General DAO Updates Section
    2.1 SPP
  3. Open Discussion

1. Weekly Endowment Updates (@karpatkey + @Steakhouse)

  • AUM at $98.6M.
  • ETH to stablecoin ratio is around 25 to 75%.
  • DeFi results:
    • $47k generated from stablecoin positions.
    • $30k from ETH positions.
  • Stablecoin rates on AAVE and Compound have decreased from 8-10% to 4-5%.

  • Last week’s suggestion – keeping Lido exposure below 10%.
    • Rebalanced and now Lido exposure is at 6.6%.
    • Added to Stater and Stakewise for diversification.
  • TWAPs running as planned
  • PUR with @blockful ongoing

2. General DAO Updates Sections

2.1 SPP

  • Moving forward with the SPP for the Budget snapshot.
  • Budget Options
  • Options:
    • Renew and increase budget to 5.4M
    • Renew and maintain budget at 3.6M
    • Renew and reduce budget to 1.8M
  • Agora can have the UI ready in 6-7 weeks.

Open Discussion

Bi-weekly Strategy and Discussion Call (@estmcmxci)

  • Dedicated space for deeper and more structured convos on important topics.
    • DAO tooling, protocol needs, and potential collabs in areas like AI, DEFI, R&D, etc.
    • Improving delegate engagement, introducing incentives, providing better support for non-technical delegates.
  • Facilitating debate on key issues like independent ENSIP editors, AI metadata standards, and the role of non-canonical ENSIPs
  • Forum post: Temp-Check: Strategy & Discussion Call (Office Hours)
  • Encouraging everyone to chime in and give their thoughts.

Lighthouse

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