The Ranch, Issue 22
Updates on our work with Aave, Nouns, and ApeCoin DAO
Welcome to The Ranch, Llama’s Substack newsletter.
In this publication, we’ll share quick and easy to digest insights on:
Updates from Llama 🦙
Herd on the Street - interesting insights on DAOs
Opportunities - ways you can get involved with Llama
1. Updates from Llama 🦙
As the first calendar month into our 12-month engagement with Aave came to a close, we shared an update with the community on our progress to date.
A few highlights:
Proposed & executed 3 on-chain proposals: aFEI Holding Update, Whitelist Balancer’s Liquidity Mining Claim, FEI Reserve Factor Update
Published 3 ARCs: Aave v3 Polygon wMATIC Interest Rate Update, BAL Interest Rate Curve Upgrade, ERC4626 Strategies as Productive Collateral
Began work on scoping, designing and setting up cloud infrastructure (Data Storage and ETL Jobs) for Data Warehouse.
We invite you to join us for our next Llama <> Aave Twitter Space where we’ll cover our work in the ecosystem and give community members a chance to ask questions.
We’re excited to share that we’ve been delegated our first Noun as part of Prop House’s Agora race! We’ll have a delegated Noun for the next 2 months. We shared our delegate statement, including our thoughts on treasury management, on our Agora
As ApeCoin DAO approaches the launch of its ApeCoin staking system, a proposal has been made to run a bug bounty to ensure the DAO is following best practices relating to smart contract security.
The proposal will fund a bounty program of 1 million APE (~$4.4m) through Immunefi. Llama will help design, implement, and operate the bug bounty program.
The Snapshot for the proposal passed last evening.
2. Herd on the Street
New voting strategies coming to Snapshot
BlockVision has partnered with Snapshot to bring new voting strategies to DAOs, including time-weighted strategies (longer holding period = more weight) and airdrop-based strategies.
The Revenue-Evil Curve: a different way to think about prioritizing public goods funding - Vitalik Buterin
Vitalik introduces the Revenue-Evil Curve as a way to analyzing "hybrid" goods on the spectrum between private and public.
If you’re a Solidity engineer looking to work on on-chain governance proposals, apply to join our community! You will get to work with a talented group of engineers and deploy smart contracts for top protocols like Aave, Balancer, Gitcoin, Uniswap, and Radicle, among others.
Stay Up to Date on Llama 🦙
Follow us on Twitter, check out our website, and read our writing on Mirror.