StableLab Delegate Thread

2.2 Recognized Delegates
1

Name: StableLab
Delegate Address: stablelab.eth
Governance tracking: Boardroom**, **Internal tracker
Forum:[ @Kene_StableLab](https://forum.makerdao.com/u/doo_stablenode/summary) @Bobby_StableLab
Discord: Kene_StableLab#6984 bobbay#4885
Twitter: https://twitter.com/Stablelab
Blog: https://www.stablelab.xyz/blog
Languages: English, Spanish, German, Dutch, Romanian, Korean, Chinese

ABOUT
StableLab is a governance firm focused on professional delegation, DAO framework design and product development. We work with various projects, from the ones just starting their journey to decentralization to the most prominent DeFi protocols.

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 scale DAOs sustainably.

EXPERIENCE

We are the leading professional delegate team with a track record across major DeFi protocols, including MakerDAO, Optimism, Aave, 1inch, Balancer, Element, InstaDapp, Hop and more.

We pioneer delegation work through high governance standards, extensive research, hands-on expertise and the consistent use of a code of conduct. Pushing forward web3 and DeFi since 2018, StableLab’s co-founders previously spent 3.5 years at the Maker Foundation.


Governance delegates and roles currently (or previously held by StableLab).

View all our proposals, votes and milestones at stablelab.xyz /governance.

VALUES & CONDUCT

A. VALUES - A.R.T.

  1. Active: We participate in every aspect of the governance process, from creating and presenting proposals to providing feedback in the forums and actively voting.
  2. Research: Our decisions are backed by a team of experienced researchers and PhDs.
  3. Trust: We act unbiased and transparent, according to our code of conduct - driven by a strong set of ethics and values.

B. DELEGATE CONDUCT

  • Use values to guide actions.
  • Maintain impartiality and transparency in participation.
  • Rely on data, research and prior expertise for proposals and votes.
  • Apply battle-tested internal policies for consistency.
  • Consult with the team for quality outcomes.

WHY 1inch?
The 1inch DAO is focused on solidifying itself as the leading DeFi Protocol offering cutting-edge services to its users. We chose to be delegates at 1inch to support the future of 1inch as the leading one-stop shop for access to DeFi products. We believe that reliable governance support, the 1inch DAO can scale sustainably. We are committed to playing a key role in turning the 1inch DAO’s vision into reality.

DISCLOSURE
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.

3 Likes
2

[1IP-10] 1inch DAO SAFE Airdrop Claim
Vote: Yes
Rationale: We look forward to representing 1INCH and StableNode’s interest at SafeDAO. We will be documenting all of our votes on our StableNode platform at SafeDAO for those who wish to stay up-to-date with our votes.
We also record our voting history here.

[1IP-10] 1inch DAO SAFE Airdrop Claim (re-vote)
Vote: Yes
Rationale: We look forward to representing 1inch’s interests in Safe DAO Governance and ultimately creating a net positive result for the ecosystem in general.

[1IP-11] 1inch Staking Pods
Vote: Abstain
Rationale: Since we wrote this proposal, we believe it will be unethical to support this proposal outright. However, it is important to reaffirm the fact that we believe incentives are the cornerstone of the crypto-economy, and we are happy to have worked on this proposal that will form the backbone for st1inch utility and increased governance participation.

[1IP-12] Improve Fusion Auction Resolver Competition
Vote: Yes
Rationale: This proposal is an important step for the optimal operation of the 1inch Fusion Auction Resolver, on this basis we are glad to support it.

1IP-13: Governance Process Improvements
Vote: Yes
Rationale: Through this proposal, we intend to improve the 1inch Governance Process by shortening the current governance timeline and encouraging governance participation.

1 Like
3

[1IP-15] Update 1inch DAO Voting Process to Include ‘Abstain’ option
Vote: Yes
Rationale: We believe that an update to the 1inch Governance Process, is an important aspect of ensuring that 1inch DAO Governance functions optimally, therefore, we are glad to support it.

[1IP-16] Community Governance Incentives
Vote: Yes
Rationale: Properly incentivizing the community to participate in the 1inch DAO is an important aspect of the DAOs development, and we are glad to start the conversation around rewarding community contribution.

[1IP-17] 1inch DAO Donation to Humanitarian Relief Efforts in Turkiye
Vote: Yes
Rationale: We are glad to support this donation that will assist with relief efforts in Turkey, our hearts go out to all those affected.

[1IP-18] 1inch Analytics Dashboard
Vote: Yes
Rationale: With the improvements made to the proposal, particularly to the milestones included in the proposal, we are glad to support this proposal that will be of immense value to the 1inch Community.

1 Like
4

[1IP-19] Increase the Number of Whitelisted Fusion Mode Resolver to 10

Vote: Yes

Rationale: We are in support of this proposal to increase fusion resolvers, this proposal would increase resolver competition, offering users better rates, we are glad to see this proposal reduce the barriers to becoming a resolver by effectively reducing cost.

[1IP-20] 1INCH Fast Track Proposal

Vote: Yes

Rationale: We are glad to have worked on this proposal to improve the 1inch Governance Process and cater to emergency circumstances which may arise.

[1IP-24] [Fast-Track] Deploy 1inch Network Protocols on zkSync Era

Vote: Yes

Rationale: We are in support of deploying 1inch on zksync era, due to the EVM equivalence, the costs and effort of deployment will be minimal and the benefits for a new network will be of value to 1inch.

[1IP-25] [Fast-Track] Deploy 1inch Fusion Mode on Multiple Networks

Vote: Yes

Rationale: We are in support of deploying 1inch Fusion Mode on Multiple Networks, this is a welcome development that increases the reach of the Protocol.

[1IP-26] Remove st1INCH(v1) Voting | Modify st1INCH(v2) and v1INCH Voting Weight Calculations

Vote: Yes

Rationale: We believe that this proposal harmonizes the governance power of the 1inch protocol and we are glad to see this technical step being taken.

5

[1IP 27] Allocate 1M USDC stables in treasury to lending pool on AAVE V3

Vote: Yes

Rationale: The optimal use of treasury funds is to ensure that they are safely invested in such a manner that they create yield for the DAO; this is why we have chosen to support investing $1M USDC in Aave V3.

6

[1IP-28] Discontinue Swap Surplus Collection

Vote: Yes

Rationale: To improve the user experience of the 1inch Product, it is important for the DAO to discontinue the swap surplus, although this affects the DAOs revenue in the short term. It ultimately creates value for the 1inch Protocol’s brand long term.

[1IP 29] Recognised delegates program

Vote: Yes

Rationale: We affirm our support for incentivizing recognized delegates, we believe that delegates create significant value for decentralizing protocols, therefore we are glad to see the 1inch DAO taking a great step in the right direction.

[1IP-30] 1inch Hardware Wallet production completion

Vote: Yes

Rationale: We support this proposal to fund the production of the 1inch Hardware Wallet, we believe that wallet will be a valued addition to the 1inch Ecosystem of Products.

[1IP- 31] 1inch Community Builders Program

Vote: Yes

Rationale: The 1inch Community Builders program is a step in the right direction for the 1inch DAO to handover more responsibility to the 1inch Community by providing opportunities to get actively involved in the 1inch Protocol.

7

[1IP-33] Implement Dynamic Fusion Mode Resolver Whitelist Based on Unicorn Power Threshold

Vote: Yes

Rationale: We believe that this change to the Fusion Mode Resolver system is an essential change that will ultimately benefit the 1inch Protocol.

[1RDP] DAOplomats Delegate Pitch for the 1inch DAO

Vote: Yes

Rationale: The DAOPlomats have been a valuable addition to the 1inch DAO, we have worked with this delegate group and support having them join the 1inch DAO officially.

[1IP 35 ]Amendment to the Recognized delegates program

Vote: Yes

Rationale: We support the amendment to the Recognized Delegate Program to be much more inclusive; and broaden the opportunities for how different kinds of delegates can get involved in the 1inch DAO.

[1IP-34] 1inch Events Grant Proposal

Vote: Yes

Rationale: Although we disagree with DAO having to pay for the 1inch Protocol’s event strategy, we decided to vote in favor of this proposal after considering the damage that would be done to the 1inch brand if these commitments are not fulfilled, however we will ensure that next year’s event budget shall be thoroughly vetted before any commitments are made.

[1RDP] StableLab Delegate Pitch for the 1inch DAO

Vote: Abstain

Rationale: As active participants in the 1inch DAO we are glad to officially announce our intention to become a recognized delegate, and we are counting on the community’s support.

[1IP-36] Creating reviews, threads, articles, and natively working with DeFi opinion leaders

Vote: No

Rationale: Content creation is already covered under the 1inch Builders Program which has already been funded. https://snapshot.org/#/1inch.eth/proposal/0xbd6f7f56b95d9452e8b916c4cc8da23c4f1349666998c217573d7fd463833a83
We believe it is important not to fund two grants who are accomplishing the same function, instead the author should seek to partner with the Community Builders Program.

8

[1IP-37] Gitcoin LatAm Featured Round (re-vote)

Vote: Yes

Rationale: We are in support of this initiative to support innovation in the LATAM ecosystem through Gitcoin, we believe that LATAM has significant potential to be a catalyst in the broader ecosystem.

[1IP-38] Reduce 1inch Governance Quorum to 7m Unicorn Power (UP) (re-vote)

Vote: Yes

Rationale: Although we abstained from this proposal, we believe that for the quality of 1inch Governance to be maintained, we need to reduce the quorum to match the decay in 1inch Governance Power.

[1IP-39] [Fast Track] Deploy 1inch Network Protocols on Coinbase’s Base

Vote: Yes

Rationale: In our opinion, due to the Brand power and technical capabilities of Base, which leverages the MIT-licensed OP Stack, we believe deploying 1inch on Base, in the company of other blue chip DeFi Protocols, is a great step.

[1IP-40] StableLab Grant Request for developing a 1inch DAO Constitution

Vote: Yes

Rationale: We believe that the 1inch DAO would vastly benefit from a DAO constitution which would lay down core processes that would guide the 1inch DAO and the 1inch Foundation. We voted yes to this proposal to ensure that this proposal hit the Yes quorum, we would ordinarily abstain from proposals we write.

9

[1IP-41] Stake $1M DAI to earn yield from DAI Saving Rate

Vote: Yes

Rationale: With MakerDAO being one of DeFi’s oldest and most resilient DAOs, we believe that this investment decision will be beneficial to the 1inch DAO in the longterm.

[1IP42] Karma Delegate Dashboard for 1inch DAO

Vote: Yes

Rationale: We are in support of the development of this delegate dashboard as it will create a direct accountability mechanism for 1inch DAO Recognised Delegates.

10

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

Vote: Yes

Rationale: We are in support of this proposal which optimises the 1inch Fusion Modes Operations, by adding a gas fee limit is a great step towards ensuring that resolvers are treated equitably.

[1IP-18a] 1inch Analytics Dashboard

Vote: Yes

Rationale: We believe that the 1inch Analytics dashboard will be a valuable resource for the 1inch Community, its contributors and the DAO in general, therefore we are glad to support this grant.

[1IP-44] A Limit Order Protocol Extension for Whales | Grant Request

Vote: No

Rationale: Due to potential implementation issues we see with this proposal, we voted against this proposal.

[1IP-41] Stake $1M DAI to earn yield from DAI Saving Rate (re-run)

Vote: Yes

Rationale: Due to an issue with the proposal payload, this proposal had to be rerun, our rationale remains the same. With MakerDAO being one of DeFi’s oldest and most resilient DAOs, we believe that this investment decision will be beneficial to the 1inch DAO in the longterm.

11

[1IP-45] Swap $ARB Tokens to USDC and Bridge to the Ethereum Mainnet

Vote: Abstain

Rationale: We are not in support of selling the 1inch DAOs ARB airdrop and bridging the proceeds to Ethereum Mainnet, we believe that this treasury management decision is not in the best interests of the DAO.

12

Commission Quarterly Research Reports with Messari Protocol Services

Vote: Yes

Rationale: In addition to being a valuable marketing tool for the 1inch Protocol, we believe that these research reports deliver solid insight into the 1inch Protocol for its users and the broader ecosystem audience, and investing in this kind of research is directly beneficial to the 1inch Brand.

13

[1IP-47] P2P Network: Grant Request for Whitepaper Creation
Vote: Yes
Rationale: We are in support of this grant request as we believe that this research could yield benefits for the 1inch Protocol’s API infrastructure.

[1IP-48] 1inch Network Support Grant Proposal
Vote: Yes
Rationale: In order to ensure that the 1inch Protocol functions optimally, we are in favour of this proposal which funds the 1inch DAOs support functions.

14

[1IP-49] Legal & Regulatory Compliance services to defend the rights and interests of 1inch DAO
Vote: Yes
Rationale: As the 1inch DAO continues to scale, it has become essential for the DAO to invest in legal services which will improve the efficiency of the DAOs processes, while reducing regulatory risk. Therefore we support onboarding Storm Partners as the DAO’s Legal Counsel.

15

[1IP-51] Extend 1inch DAO with EIP-4824

Vote: Yes

Rationale: We are in support of this proposal to adopting EIP-4824, with the the technical aspects of this proposal fully addressed within the proposal we do not have any concerns regarding the safety of this proposal.

[1IP-50] 1inch alternative swap interface

Vote: Yes

Rationale: We do not see the direct value that an alternative swap interface adds to 1inch, if there is value to be created, the proposal author has failed to convey that. The timeline for development is also quite concerning, in addition to a lack of clarity on payment milestones, we could not find any reason to support this proposal.

[1IP-52] Ladder trading via the 1inch limit order protocol

Vote: Yes

Rationale: We support this proposal which comes with a reasonable financial ask, and a clear idea for how to create value through Ladder Trader through the 1inch Limit Order Protocol.

16

[1IP-53] 1inch Events 2024 Grant Proposal

Vote: Yes

Rationale: We are in support of funding the 1inch Protocols event budget for the year, events play a key role in 1inch’s marketing strategy, which contributes to the success of the 1inch Protocol.

17

[1IP-54] Recognized Delegates Program Renewal

Vote: Yes

Rationale: As active delegates in the 1inch Delegate Program, we have played a key role in facilitating the maturity of 1inch Governance, therefore we are glad to support the renewal of this program.

[1IP-55] 0xCastle Research Retreat Grant Application

Vote: No

Rationale: From our perspective, we cannot see the value that this research retreat would add to the 1inch Protocol. We believe that these funds will be better utilised in funding research geared toward exploring solutions in specific verticals.

18

[1IP-56] Launch a crowd and beta testing platform beta.1inch.io Grant Proposal

Vote: Yes

Rationale: This proposal creates an opportunity to improve the quality of customer service at 1inch through this platform, therefore we are glad to support it.

[1IP-57] 1inch Security Grant Proposal

Vote: Yes

Rationale: While we understand the need for investing into 1inch’s security, we question the sustainability of the outflows from the treasury, considering the fact that the DAO does not have any revenue.

19

[1IP-58] Streamline Grants with Papaya’s Snapshot Integration for 1inch DAO

Vote: No

Rationale: We cannot see the value that this proposal delivers to the 1inch DAOs current Grant Process, therefore we are not in support of this proposal.

[1IP-59] 1inch DAO Guidelines

Vote: Yes

Rationale: The 1inch DAO Guidelines are an essential part of the rules for how the 1inch DAO approaches the management of the DAO, with these guidelines the 1inch DAO will always have the North Star directing the DAOs strategies.

20

[1IP-60] Removal of PriorityFee Cap in Fusion Mode Smart Contract

Vote: Yes

Rationale: We support removing the priority fee cap in order to ensure that the 1inch Protocol functions optimally to the benefit of 1inch users.

[1IP-61] [Fast Track] Implement Fusion+ Intent-based Atomic Cross-Chain Swaps

Vote: Yes

Rationale: We support 1inch’s venture into cross-chain swaps by voting in favor of this proposal, we acknowledge the need for quick execution due to the nature of this proposal.

1IP-62: Termination of Relationship with Hardware Wallet

Vote: Yes

Rationale: We are unsatisfied with the conduct of the Harware wallet team therefore we are in support of ending this engagement and possibly recovering the DAOs funds.

[1IP-63] The Grand Timeline Grant Proposal

Vote: No

Rationale: From our perspective there is no inherent value for 1inch in funding this proposal, therefore we are not in favor of this proposal.

[1IP-64] zkDA rollup with sharded storage for decentralized Web3 infrastructure

Vote: Yes

Rationale: From our perspective there is no inherent value for 1inch in funding this proposal, therefore we are not in favor of this proposal.