Name: StableLab

Wallet Address or ENS: StableLab.eth

Tally Profile URL: Tally | stablelab.eth

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

• Improving Governance participation

  • Governance participation continues to plague a majority of DAOs. With our experience across many top DeFi and layer 2 DAOs, we will place a focus on increasing governance participation through delegation and education.

• Tooling, Improving protocol decentralization

  • StableLab is the leader in professional delegation and governance framework design. We strive to help DAO decentralize sustainably.
  • We work in numerous DAOs where we author proposals to implement frameworks that help DAO decentralize safely. You can check out our authored proposals here.

Please share your stance on the overall goals for the DAO:

Our goal for the Arbitrum DAO is for it to decentralize safely and sustainably. Our systematic framework for DAOs covers governance methodologies, decentralized workforce, implementation, documentation, communication, and community engagement. There is no one-size-fits-all approach, but we provide a framework of principles and tools we have developed throughout our experience. We hope to help Arbitrum implement strong governance frameworks to increase participation as well as the efficiency and effectiveness of the DAO.

Sample Voting Issue 1:

1. How would you vote?

• Against

2. What amendments would you make to the proposal if any?

1. Adjust the allocation committee to be comprised of more neutral parties. Additionally, this committee should be voted on with strict term limits and responsibilities to make the process fairer and less centralized.

2. Clear KPIs. Having vague transparency dashboards and committees does not make it clear if the program is succeeding or not. Instead, it is better to have concrete KPIs so the community can easily tell how the program is performing

3. Break this proposal into multiple smaller proposals.

   • Including who sits on the committees
   • A grant proposal for Community-Enabled Analytics for Flipside
   • How treasury funds will be managed
     Putting this all in one proposal makes things confusing for voters and mixes some positive aspects of the proposal with negative ones.

3. How would you approach the tradeoff between the centralization of authority and the ability to get things done?

Decentralization should be thought of as a journey and not a sudden switch. Being completely decentralized from the start is not feasible as it can be a slow and inefficient way of making decisions. However, through the implementation of strong governance frameworks, the decentralization process can be made more efficient. It takes time to implement frameworks such as proposal timelines, working groups, and automatic proposal implementations. With these frameworks and a strong governance system in place, a decentralized protocol can get things done similar to centralized organizations but with the transparency and trustlessness that decentralization offers.

While we believe that protocol should work towards decentralization it is important to do it sustainably to ensure that the protocol remains efficient and can’t be taken advantage of. We look forward to helping Arbitrum DAO on its decentralization journey.

Sample Voting Issue 2:

Vote: Full Reimbursement

Rationale: Reimbursement after a hack is a difficult subject and should be looked at on a case-by-case basis. Some things to be considered when deciding on whether to distribute reimbursement are was the hack easily preventable, who would bare the brunt of the cost of reimbursement, would reimbursement cause the protocol to go under, does the protocol plan to continue operating after the hack, how large is the DAO treasury, is there any other way to go about reimbursement such as revenue split to eventually pay back those affected.

In the first snapshot proposal, not enough of these questions were answered. This can lead to uninformed decision making which can be dangerous for a DAO. As Rari eventually deprecated their governance and protocol it makes sense for any existing money to be used to make those affected whole. However, this must be done very carefully you must consider in what order and in what asset you will pay people back. Additionally, if the funds available cannot cover all affected will you make some users whole, spread the money evenly, or spread it proportionally.

In situations like this, it is very important to consider all options and be transparent with information. This helps voters understand the situation and cast an educated vote which is more likely to lead to a beneficial outcome.

Languages we speak and write:

English, Spanish, German, Dutch, Romanian, Korean, and Chinese

Disclosure of Conflict(s) of Interest:

Through our holding company, we have invested in multiple projects to advance growth and governance for them. See the full list here.

We contribute to various protocols’ governance, such as MakerDAO, Optimism, Aave, 1inch, Balancer, and Element. See the full list here.

When applicable, we will disclose potential conflicts of interest in our rationale.

WAIVER OF LIABILITY

By delegating to StableLab, you acknowledge and agree that StableLab participates on a best-efforts basis and StableLab will not be liable for any form of damages related to StableLab’s participation in governance.