DAOplomats Delegate Pitch for the 1inch DAO Recognised Delegates Program (1RDP)

2.2 Recognized Delegates
1

Delegate Name: DAOplomats
ENS/ Wallet address: DAOplomats.eth
Proof of Contribution:

Forum activity summary:

Proposals

| Proposal | Importance | Passed Snapshot? |
|--------------------------------------------------------------------------------------------|------------------|----------------------------|
| 1inch Network DAO operational framework | Medium | No |
| Allocate 1M USDC stables in treasury to lending pool on AAVE V3 | Medium | Yes |
| Update 1inch DAO Voting Process to Include ‘Abstain’ Option | Low | Yes |
| Grants Review Council | Medium | No |
| Shielded Voting Implementation | Low | No |
| Recognized Delegates Program | Low | Yes |
| Swap 1 Million USDC into OUSD | Low | No |

Voting

  • We have continued to communicate our voting rationale [here] for all our onchain votes

Other:

Voting Values and Vision of the Delegate

Here is a audio link for our pitch

**Goal and action plan of the Delegate in 1inch DAO for the next 6 months: **

Goal 1: Treasury diversification

We will work with 1inch foundation and other delegates to propose ways in which the treasury assets can be diversified and yield generating. Additionally we will also continue to monitor and report on existing investment positions in order to make optimal use of the DAO funds.

Goal 2: Recognized Delegates program

Over the next 6 months we will continue to steward the recognized delegates program which includes

  • Marketing the program within our network and the wider crypto community
  • Assisting potential applicants through the process
  • Amending the program structure based on feedback
  • Working with service providers to design and implement tools for delegate discoverability and performance

Goal 3: Decentralisation

1inch DAO has taken a key step to onboarding a wide network of geographically distributed contributors to the 1inchDAO via the community builders program. We will leverage our experience and network in this area to assist the DAO in building up this initiative over time by providing feedback, connecting sharing our contacts of verified contributors and co-designing strategies for successful execution with the 1inch foundation

KPIs for engagement

KPI 1: Number of forum posts which include proposal and comments
KPI2 : Number of proposals which pass snapshot

3 Likes
2

DAOplomats are maintaining the voting bank on the forum under
https://gov.1inch.io/discussion/9308-daoplomats-vision-and-action-plan-for-1inch-dao
or at the notion: DAOplomats.notion.site

3

[1IP-44] A Limit Order Protocol Extension for Whales | Grant Request
Voted Abstain: due to the following reasons

  1. Lack of clarity in the Proposal: the proposal lacks essential details and clear information about how the product will be integrated with the 1inch platform, and the author has not provided sufficient evidence to support the hypotheses outlined in the **Revenue Model,**
  2. Dependency on Chainlink Oracle: Tanker’s reliance on the Chainlink oracle for pricing introduces a potential single point of failure.
  3. **Unknown appetite for the product: **The DAO isn’t temp-checked if it is willing to agree to the license proposed in the grant request. No publicly known information exists on whether 1inch Labs or the 1inch Foundation would integrate the final product.

[1IP-43] Optimizing Fusion Mode: Smart Contract-Enforced Gas Fee Limit and Lowered Unicorn Power Threshold.
Voted: Yes

[1IP42] Karma Delegate Dashboard for 1inch DAO.
Voted Yes: This delegate Dashboard will bring a lot of transparency about the 1RDP
[1IP-41] Stake $1M DAI to earn yield from DAI Saving Rate.
Voted Yes: This proposal enables The DAO to generate Yield by converting USDC to sDAI
[1IP-40] StableLab Grant Request for developing a 1inch DAO Constitution
Voted: Yes
Stablelabs is a reputable service provider and has been active in 1inch DAO governance since in 2022, positioning itself to lead the development of the constitution.
[1IP-39] [Fast Track] Deploy 1inch Network Protocols on Coinbase’s Base
Voted: Yes
Expansion of 1inch to new and upcoming L2s is critical for the adoption of 1inch. Base gained momentum, and TVL justified the deployment.
[1IP-37] Gitcoin LatAm Featured Round
Voted: Yes, DAOplomats supports the idea of Gitcoin and believes in diversity and inclusion in web3 and decentralised governance.
[1IP-38] Reduce 1inch Governance Quorum to 7m Unicorn Power (UP)
The vote was missed due to technical difficulties.
[1IP-38] Reduce 1inch Governance Quorum to 7m Unicorn Power (UP) (revote)
voted: Yes
The change in 1inch tokenomics has made it hard to reach quorum, and the proposed setup clarifies the acceptance criteria of proposals.
[1IP-37] Gitcoin LatAm Featured Round (revote)

4

[1IP-57] 1inch Security Grant Proposal

DAOplomats missed the vote.