Delegate Name : FranklinDAO
ENS/ Wallet address : 0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b
Proof of Contribution
We plan to advocate for and create proposals that advance 1inch as a leading DEX.
FranklinDAO is a student-led blockchain organization from The University of Pennsylvania, committed to enhancing governance participation, developing tools, strengthening protocol decentralization, and fostering community engagement. We actively contribute to 10+ protocols with dedicated teams of students collaborating to approach governance discussions and proposals from an unbiased perspective.
Proposals
As active delegates in other protocols, we have worked on a number of proposals.
Two recent examples include the listing of MaticX and stMatic to Compound v3.
MaticX: https://compound.finance/governance/proposals/172
stMatic: https://compound.finance/governance/proposals/179
Voting
In addition to actively participating in governance, we consistently vote on proposals and provide detailed explanations of our voting rationale in discussion threads.
You can access our delegate profiles here: https://boardroom.io/voter/0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b
You can access a prior discussion thread here: https://governance.aave.com/t/post-vyper-exploit-crv-market-update-and-recommendations/14214/5?u=pennblockchain
Goal and action plan of the Delegate in 1inch DAO for the next six months :
Onboarding Delegates : A well functioning DAO is not without sophisticated, active delegates. At Franklin DAO, we utilize our network throughout the industry to garner interest around the important functionings of governance. Many times we are tapped to poll for interest in certain topics as well as gather knowledgeable insights. This is an important function as the governance space has expressed a desire for greater participation in an unbiased and data-driven manner. We use this position to activate current delegates and pull in new ones.
Treasury Management : The 1inch DAO would benefit from standardizing its treasury management strategy. We will actively work towards finding solutions to effectively manage the 1inch treasury. By taking an unbiased and technical perspective when it comes to treasury management, we are able to freely debate the hard questions when it comes to building a treasury that benefits the protocol in the long run, rather than solely benefitting incumbent stakeholders.
Decentralization : Decentralization is what gives DAOs their power. We work to stifle single parties from becoming too loud or powerful by bringing an unbiased and well informed argument to proposal discussions.
How should the DAO evaluate the success of the StableLab Delegate engagement?
KPI 1 : Number of proposals posted on the forum from Franklin DAO.
KPI 2 : Active efforts made to assist new recognized delegates in joining and contributing to the 1inch DAO.
KPI 3 : Public communications and discussions regarding our participation.
We believe the diverse perspectives of our student body, experience with other protocols, commitment to core values, and long term vision can contribute significantly to 1inch’s governance. Our initiative depends on contributing to sensible and sustainable decision-making to drive greater decentralization within web3.
Thank you!