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GnosisDAO Governance Summary ~ 12 May 2023

Hello Wise Owls!

A quick reminder that Gnosis will be at the following conferences in the immediate future. If you're also attending please say, hello!

ETHGlobal Lisbon
12-14 May
Sponsorship and booth

EDCON
19-23 May
Friederike Ersnt is speaking
Sponsorship

On the Gnosis Chain front, the Shapella upgrade is upon us. The upgrade will enable GNO staking withdrawals for Gnosis Chain. Shanghai is the name given to the execution layer (EL) upgrade and Capella is the name of the coinciding consensus layer (CL) upgrade. Shapella refers to the combination of both Shanghai and Capella into one name.

Core devs at Gnosis Chain diligently work to push upgrades from the Ethereum mainnet onto Gnosis Chain in a timely manner. As the first initial step towards completing the Shapella upgrade, Gnosis Chain’s Chiado testnet will hardfork soon. In the coming weeks, the upgrade will take place on Gnosis Chain’s mainnet.

Run a Chiado node and support the network ahead of the Shapella upgrade on the Gnosis Chain mainnet! Resources are linked below ⬇️⬇️⬇️

How to Participate​

🦉Gnosis Forum🦉

GIP-86: Should the GnosisDAO commit to additional rETH usage in treasury operations?

Gnosis DAO / Chain has decentralization as its core ethos, focusing on a distributed validator set for the chain and an open DAO structure run by GNO holders. Despite this, our Treasury has nearly all of its staked ETH assets sitting with LIDO as stETH. Given the success of RocketPool Protocol in creating a massively decentralized validator set through rETH and RPL, this proposal recommends that Gnosis DAO commit to moving at least 50% of their stETH holdings to rETH holdings over time in order to support Ethereum decentralization and reduce single protocol and “bad actor” risk that comes from Lido’s limited node set (29 nodes vs Rocket Pool’s 2550 and growing nodes).

⚡Recent Snapshot Activity ⚡

GIP-81: Should GnosisDAO fund CirclesUBI Indonesia’s product testing launch?  ✅ Passed Quorum on May 2, 2023

After discussion with the GnosisDAO, CirclesUBI.id is submitting a revised proposal to fund Milestone 1 associated with the product testing and participant onboarding in Bali, Indonesia.

CirclesUBU.id will receive €500,000 once the GIP passes in order to hit Milestone 1 of 1500 participants in product testing across 17 villages.

Here’s the definition of onboarded participants:

  1. Onboarding of Field Officers/Local Champions.
    a) +20 people successfully follow a training program, and pass screening to ensure they can support their communities + conduct effective troubleshooting & survey interviews during 3 months of the roll out period.
    b) These 20 people ensure 1500 participants are successfully onboarded.
  2. Onboarding of Testing Participants (users).
    a) 1500 participants have successfully attended the user onboarding workshop and understand how to use their Circles account, have created their circles user account + a shop account that is visible on the circles marketplace.
  3. Active participants (retention rate).
    a) # of users that conduct at least 1 translation per week and participate in feedback interviews about the product performance and benefits.
  4. Inactive participants.
    a) Are not actively using the app at least 1 x per week, and participate in feedback interviews aimed to determine what the reasons are that they are not using the app.

🙏 Thank you

Come say hello in the GnosisDAO Discord. Join us for the next GnosisDAO Community Call on June 8th at 3PM UTC / 5PM CET on the GnosisDAO Twitter Spaces.

See you on-chain,
GnosisDAO

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GnosisDAO