Avantgarde Finance Delegate Platform

Delegate Address: gov.avantgardefi.eth (0xb49f8b8613be240213c1827e2e576044ffec7948)
Email: governance@avantgarde.finance
Website: https://avantgarde.finance/
Twitter: https://x.com/avantgardefi
Governance Lead: @justErik

About us

Avantgarde is a crypto native asset management, advisory and research firm, specialising in asset liability management, R&D, special situations, risk monitoring and on-chain diversification strategies. Avantgarde has conducted work for leading protocols including Uniswap, The Graph, Arbitrum, Nexus Mutual, Paraswap, Enzyme and others. DAOs leverage Avantgarde’s combined expertise in protocol development and asset management for developing strategies to improve treasury sustainability.

Why Avantgarde?

Avantgarde has been active in the Uniswap ecosystem for several years, participating in initiatives such as the Uniswap Bridge Assessment Committee and contributing with R&D to various proposals in line with our expertise.

The core team behind Avantgarde brings a wealth of experience from reputable TradFi firms such as Goldman Sachs, BlackRock, and Barclays; and have been involved in DeFi since as early as 2016, most notably building the on-chain asset management protocol Enzyme, which went live on mainnet in 2019 and boasts a very robust track record without a single major protocol incident since.

With this experience and expertise, we at Avantgarde aim to help steer the Uniswap DAO to financial sustainability and community-driven growth, cementing the Uniswap protocol as the leading DEX across DeFi.

Past contributions to Uniswap ecosystem and/or demonstrated protocol knowledge:

  • Active delegate over the last 3 years
  • Selected as part of the Uniswap cross-chain bridge committee providing research & advice to delegates: results
  • Attended and participated in major governance meetings in NYC and Brussels
  • Integrated Uniswap into other DeFi protocols and active Uniswap pool manager, see e.g. Enzyme

Disclosure of Conflicts of Interest:

Avantgarde is actively contributing to a number of chains across the wider Ethereum ecosystem, though none can be said to be a direct competitor to Uniswap.

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Proposal to active 2, 3, 4 bps fee-tiers on Base

We voted FOR to support the bps fee tiers as we don’t see the harm in experimenting with LP flexibility for sake of staying competitive and try to gain back market share from Aerodrome. If anything, the initiative could be seen as a seemingly relatively risk-free way to assess such a fee structure and its impact on important metrics like trading volume, market share, revenue etc and serve to inform similar initiatives in the future.

Uniswap Accountability S3 Renewal and Rebalance

We’ve voted FOR the renewal and rebalance of the UAC, as we see the committee filling a critical function for the DAO’s operations and, as far as we can tell, the members have done a good job in both managing their responsibilities as well as shouldered extra, unanticipated work when needed.

Forse Analytics for Uniswap Revitalization and Growth Program

After some thought, we’ve voted FOR the proposal. While we agree with some of the other delegates that a few minor specifics around the deliverables could’ve been clarified before this went to a vote, these can be ironed out by the time the Accountability Committee signs off on the initiative. StableLab have been active contributors to Uniswap governance and seems fit to carry this out. The idea itself makes sense: if we can better understand the effectiveness of the Uniswap Revitalization and Growth Program, the proposed analysis can provide valuable insights and help the DAO make more informed decisions going forward.

[TEMP CHECK] - Onboarding Package for Lisk

We voted FOR this proposal. Good incentive matching from Lisk, reasonable deal and opportunity to grow Uniswap’s presence across Optimism’s superchain ecosystem.

Uniswap Growth Program Trial

Avantgarde has voted FOR the Uniswap Growth Program Trial proposal. Given Uniswap’s integral presence and strong name across DeFi, it has clearly been a wasted opportunity in not having a dedicated team securing available incentives across the space and managing the marketing around it - thus we see a clear need that this proposal addresses.

While the proposal is strong overall, we do have some minor points to bring up: first, it would have been beneficial to see slightly more details on the plan, specific chains/ecosystems that will be prioritised and so on, to clarify the roadmap and align expectations. 20% success fee seems to be on the higher end tho provides strong alignment, and some further budget breakdown would’ve been good for transparency sake (slightly unclear how relevant the “15 full-time professionals” are given that focus is on lead sourcing and marketing), though we recognise the flexible, sort of ad-hoc work this involves.

But at the same time, these issues are largely what the proposed trial is for.

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[Updated] Forse Analytics for Uniswap Revitalization and Growth Program

Voted FOR: same rationale as the prior proposal, which can be found here.

[TEMP CHECK] - Tally Uniswap Proposal

Voted FOR supporting the temp check proposal as we see great value in deepening the relationship with Tally, which remains our go-to platform for voting and a great value-provider in the DAO space. Our interactions with Tally has always been very positive and their customer support likewise excellent.

Still, we do share some of the concerns expressed by other delegates, as articulated by SEEDGov here, that we’d like to see addressed before this proposal goes onchain.

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