Creating Transparency into Delegations

Top Down Transparency

I’m sure you’ve all seen it at this point but here is where I am delegating my GTC governance powers

After I posted this transparency report @kyle fast followed and posted where he is delegating.

Why do this?

I would like to make this a trend. Posting this information transparentyly makes it obvious to the afverage member of the DAO where and how the legitimacy of the consent of the governed flows in the DAO. It also invites a conversation about who else in the DAO is doing great work so that I can update my delegations to point to them. My take: This will be important as the DAO tunes Grants 2.0 to reach product market fit. We gotta have the people who are learning from the front and have the context having governance power.

Call to action

I invite other larger holders of GTC to post on a quarterly basis about where they are delegating their GTC.

Bottoms up Transparency

I would also like to show off that @ivanmolto built an amazingly beautiful report that shows the top HODLers and where they are delegating.

Check the report here.

Screen Shot 2022-07-15 at 11.03.22 AM

Perhaps someone could take this + go through the list of holders, point them to this post + ask them to engage in a dialgoue about to whom they are delegating to and why?


hey @ivanmolto i just realized the dune report doesnt show the ppl who haven’t delegated yet. for example the GTC timelock doesnt show up. could we get a dune dashboard that shows those addresses? would be great to reach out to top holders who haven’t delegated yet and ask them to get involved!

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Yes, of course @owocki . Will do. I will keep you updated here. Thanks

@owocki sorry I had to deal with personal things but here it is the query of the GTC holders not delegating Dune It has been included in the dashboard, too. Thanks

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Hi @disruptionjoe I would love if you can help me with a question or just pointing me to the right direction.

I did the explorations about GTC holders delegating and GTC holders not delegating and while doing the data sanity check I found that this address Proxy | Address 0xd4567069c5a1c1fc8261d8ff5c0b1d98f069cf47 | Etherscan which I have identified as FDD WS Main account was delegating their 47454 GTC to lefteris.eth

I am not saying that there is anything wrong with that. What I would like to know if this address is still a FDD Main account or it has transitioned to other roles or it is just a bug, etc. Much appreciated your help as I need to know about it to keep updated the dashboards. Thank you.

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That is correct. Early on after receiving our first budget we had our main multisig delegate to @lefterisjp

This was because I viewed him as a highly critical steward who isn’t afraid to speak his mind. We also asked him to oversee the workstream as a Multisig Keyholder which he did for 2 seasons before stepping back from that role. IT seemed a good idea to delegate to a steward who wasn’t paid by the workstream, but was more deeply knowledgeable about what we were doing.

I don’t know of any policy around the workstream multisig delegations, we want to be inline with whatever policy the DAO chooses. Thanks for bringing this up @ivanmolto

Thank you @disruptionjoe

Sometimes I need some clarifications to keep the dashboards as accurate as possible. Much appreciated, and thank you for your understanding.

But I liked it when I found it.
For a long time, I have thought that it could be interesting for workstreams to delegate their GTC to stewards to engage and evangelise them about the workstreams’ goals and jobs.
Additionally, the GTC within workstreams will have other utilities on top of rewarding DAO contributors.
But I was worried that this idea could be considered lobbying.

Maybe this conversation could be the trigger for an open conversation for workstreams delegating their GTC. Thank you!

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Yes. Thanks for bringing it up. I hope to stimulate the conversation too! Funny enough that I forgot we were delegating from that wallet and last season Lefteris was going to vote against our original FDD Budget.

Just to be clear here. I was not aware this was done, and at no time had DisruptionJoe asked me to vote any specific way on any proposal.

I think it was one of the first things we did after making the multisig!

At the time we had concerns about having enough votes altogether to hit quorum at all.

Hey @lefterisjp no additional clarification from my side was needed but it is much appreciated.
All the GitcoinDAO lovers are in the same ship :grinning:

I was not saying that there is anything wrong with that.
It is something that I brought up for the dashboards.
But I also wanted to trigger/share the idea that I would like to see workstreams delegating their GTC.

Thank you.

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