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Optimism · closed proposal

# Protocol Delegation Program Renewal \n In Season 3, the Protocol Delegation Program was piloted as a way to enable protocols, some of our most important stakeholders, to participate in governance. The Protocol Delegation Program temporarily delegates up to 5M OP from the Governance Fund to value-aligned protocols based on pre-defined criteria. This program was designed to last two Seasons in total, and this proposal would continue the program for duration of the final Season (Season 4.) After

0xe455…226f·ended 57y ago·MEDIUM RISK
Voters
25,669
OP voted
25690203918134812.00B
≈$2643367841952563.00B
Token price
$0.10

AI summary

This proposal seeks to renew the Protocol Delegation Program for Optimism's Season 4. This program temporarily delegates up to 5 million OP tokens from the Governance Fund to other blockchain protocols that align with Optimism's values. The goal is to encourage these protocols, which are important partners, to actively participate in Optimism's governance decisions. This renewal would extend the program for its final planned season.

Impact

If this proposal passes, participating protocols will continue to receive delegated OP tokens for governance during Season 4, allowing them to influence Optimism's future. This benefits the protocols by giving them a voice, and potentially benefits Optimism by fostering stronger relationships with key partners. If it fails, protocols would not receive these delegated tokens for Season 4.

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Voting results

For22272075526861992.00B (86.7%)
Against2574961770654811.50B (10.0%)
Abstain843166620618008.00B (3.3%)
25690203918134812.00B OP · ≈$2643367841952563.00B · 25669 votersblock 2023-04-27T19:30:36Z

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Full proposal

Original markdown · Optimism

Protocol Delegation Program Renewal \n In Season 3, the Protocol Delegation Program was piloted as a way to enable protocols, some of our most important stakeholders, to participate in governance. The Protocol Delegation Program temporarily delegates up to 5M OP from the Governance Fund to value-aligned protocols based on pre-defined criteria. This program was designed to last two Seasons in total, and this proposal would continue the program for duration of the final Season (Season 4.) After Season 4, particpating protocols will need to reaffirm their commitment to Optimism governance via t…

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