Although we consider Tally as a key piece in decentralized governance in general and in Uniswap in particular, we unfortunately voted against this proposal because we believe it contains numerous deficiencies that have not been addressed after the offchain vote. Once these have been addressed and the issues clarified, we will undoubtedly support a proposal to support Tally from Uniswap.
The following reflects the views of L2BEAT’s governance team, composed of @kaereste and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.
We’re voting FOR the proposal.
Following our support during temp-check, we’re also voting in favor of Tally’s proposal during the onchain vote.
While we have seen the discussion in the comments above and the concerns raised, we don’t think they are severe enough to vote against this initiative. However, we encourage Tally to make an effort to address any concerns if the proposal is passed.
Hey everyone,
First of all, congratulations on passing the proposal!
I truly respect the effort and dedication you’ve put into the Uniswap DAO. Personally, I voted against the proposal because I felt it didn’t meet the merits of a fundraising proposal. If it had been formatted as a service agreement, I likely would have voted in favor, all things considered.
That said, I’d love to understand when the roadmap is expected to be announced.
Having clarity on this would greatly enhance the ability of the UAC and delegates to assess whether the proposal is progressing towards completion or if it has become stagnant (stagnant meaning inactive or reduced to a simple service agreement).
looking at the vote results, it seems that some conversations are taking place in a more private place.
The major voters did not participate in the discussion and tried to explain which option was their favor. More so, non of them felt the need to answer any critical questions about the justification to spend $500k on a solution with no clear roadmap.
Good luck to Tally and I hope they prove us wrong with the stellar solution they will build from here on.
numerous deficiencies that have not been addressed after the offchain vote.
didn’t meet the merits of a fundraising proposal
Whilst I’ve no comments on the project/deliverables, I’d point out a compromise which is a riff off Singapore’s govt programmable money.
give each delegate a sum equivalent to taking a course in proposal drafting, milestone measurement and Uniswap governance workflow … toss in ~10 places for UF since they may wish to use/foster it for their initiatives
designate a set of recipients (Tally, that UF in-house governance project, I think Lighthouse put up their hand, etc) for which the course voucher can be redeemed … This will put the “service” choice in the hands of people who are most likely to use it
allow the course participation to be tradeable, so larger delegates may push out inactive delegates for a cash sum (marginal utility) and become more “productive”
I’d note that in ICT, the cost of training people to use new software roughly same ballpark of developing the software. The above courseware rebate allows
a) productivity as KPI, not feature set = actual users to pick the proposal software that best meets their skill level … Not everyone is a MSword power user and googleDocs templates + a few polls + hackMD/charmVerse might be 80% of desired functionality at 20% of the cost
b) development escrow there is a known sum (time-limited) for upskilling, so if a roadmap feature is perceived to lead to uptake in a), the risk is on the developer side, not the payment
c) contestable … The list of permissible redemption can be expanded over time to allow for more diversity provided data export between platforms is mandatory. Since the total sum is known in b) what % goes to which project is based on usability merits as determined by delegates, not squeakiest wheel.
Stepping back, one should ask given $500k (which is not insignificant) is it the best deployment in context of the treasury working group 2 objectives
Adoption of Uniswap (metric) via delivery of value
Sustainability in covering future costs in perpetuality
The total ask is as per proposal but what is the value? The nominated approach focuses on productivity of delegates (which has their own submetrics). Sustainability is under my point c) that cost sharing (the programmable money can spread to other DAOs and their delegates) will foster improved governance (more transparent working groups) whilst attempting higher participation (greater familiarity with the proposal process including Uniswap Foundation applications). I note that the participation is ~10% from highs of 35+%.