Premia Delegate Application

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Name (organization or individual) : DK (from Premia)

Wallet Address or ENS : dk.3anon.eth (0xAD16ebE6FfC7d96624A380F394cD64395B0C6144)

Tally Profile URL : Tally | dk.3anon.eth

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What area are you most interested in contributing to? choose up to two tags:

• DeFi development on Arbitrum
• Improving Governance participation

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Please share your stance on overall goals for the DAO: My personal beliefs as well as core Premia tenets are outlined below, however as a representative of the Premia Community, all major decisions will be coordinated with the Premian Parliament (Elected Community Representatives), before any potentially conflicting votes are applied.

Main Objective: To maintain the competitive advantages that the Arbitrum Ecosystem currently occupies.

1. Arbitrum has an extremely intelligent and vibrant DeFi community. In my opinion all innovation has been or is currently being deployed on Arbitrum. The interoperability of protocols is second to none other than potentially mainnet itself, we will only support proposals that further this entrenchment unhindered.
2. Both in support of the developer relations that Offchain & Arbitrum provide, but also the level of documentation and polish of developer experience has led us to further commit to building in the Arbitrum Ecosystem, any proposals that continue to invest in these domains we will strongly support.
3. The incentive ethos of Premia is to always reward long term participation over short sighted solutions and token mechanisms (however unfavorable they may be). This can be seen with our 10yr token emission schedule from the inception of the Premia platform. We will stand with all proposals that enforce long term growth over short term economic gain. However it is not directly outlined in the Arbitrum constitution or documentation, we believe based on historic interactions, this is also core to the Arbitrum ethos, favoring community building, rapport, and trust above all else.

Community, Security, Privacy, and Economic Sustainability are core values we strive to uphold. Investment Access, Open Markets, and Responsible Finance are key to our vision to achieve these values. In principle, the Premia Community will vote their delegation towards equality of wealth, equity of opportunity, & economic freedom rooted resolutions, and these tenets we believe coincide with the overall goals of the Arbitrum DAO, and we will do our part to protect these tenets.

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Please share your stance on issues that were raised previously, in other communities, as described below:

Sample Voting Issue 1: Uniswap

Prompts to Answer:

1. How would you vote? : Against

2. What amendments would you make to the proposal if any? : Uniswap Token Holders should elect the Oversight Committee. Instead of 10mm at once, it should be released in smaller quarterly amounts with more ongoing checks by oversight committee.

3. How would you approach the tradeoff between centralization of authority and the ability to get things done? : I have no problem with how the Allocation committee was set up, however the Oversight Committee should be all external to the receiving party. Centralization is necessary for the benefits in coordination, however oversight should be external as we fall into the age old question of “Who watches the watchmen?.” However my overall stance on the proposal is that it is not their domain to act as an investment fund, and thus it is not their core expertise. To achieve the desired result they should have either partnered with a group who does have expertise, or rethink the funding plan to stick to their domain.

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Sample Voting Issue 2: FEI RARI

Prompts to Answer:

Outside the flipping of the vote, how would you choose to handle this situation?

Split Reimbursement : Partial reimbursement I think would have been the appropriate step forward. FEI tokenholders voted to incorporate RARI into the ecosystem, and initially voted to reimburse, thus should have to socialize partial losses, with some sort of claim mechanism for the remaining and a multi-year plan to compensate individuals who lost capital in the exploit. If they chose not to take this path, then the only other option would be shut down the protocol, which I guess is what ultimately happened. This is a good example of how poor security practices and protocol management can lead to the end of strong technical development team. Bitfinex encountered a hack, socialized losses, issued a method to claim, and ultimately was able to battle through the challenges through transparent communication and commitment to a resolution.

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Languages I speak and write: : English (en/us)

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Disclosure of Conflict(s) of Interest: Diversity of opinions is critical to making progress and determining the future direction of the Arbitrum ecosystem. We recognize and celebrate the fact that delegates will have diverse views and we both encourage and anticipate good-faith debates in the governance process. That being said, it’s critical that all featured delegates are operating with Arbitrum’s best interest in mind, so please affirm that you don’t have any conflicts of interest that would prevent you from using your best judgment to operate in the best interests of advancing the Arbitrum ecosystem.

Nothing to Disclose other than I am a contributing member of Premia, Archetype, & active in various projects that build products on Arbitrum Technology or integrated with existing projects. Thus, will apply votes that I find mutually favorable for both Arbitrum, Self-Interests, and the progression of the ecosystem as a whole.