L2BEAT Delegate Communication Thread

Intro to L2Beat

L2BEAT is an independent, public goods company who acts as an impartial watchdog for the Ethereum Layer2 ecosystem. Our mission is to provide comprehensive and unbiased analysis and comparative evaluations of Layer 2 solutions . We are committed to the verification and fact-checking of the claims made by each project, with a special focus on the security aspects. What sets L2BEAT apart is our unwavering commitment to delivering accurate and reliable information.

In addition, L2BEAT has a governance team which actively participates in constructive discussions of specific protocol challenges and issues, fostering the discourse toward increasingly permissionless, open source, and trustless systems. Our participation in various DAOs and public debates reflects this commitment.

Governance Team

The governance team currently consists of @Kaereste (Krzysztof Urbanski) and @Sinkas (Anastassis Oikonomopoulos). Both members have extensive knowledge and experience in the broader web3 ecosystem, on both technical and non-technical fronts. Any governance actions of the L2BEAT delegation team will be the product of research, fact-checking and ideation of the 2 aforementioned members.

Our Mission, Values and Approach to Governance

For us, governance isn’t just about casting a vote. The real magic happens during healthy debates and coming to conclusions together. Voting should just be the cherry on top of a great community-driven process.

When participating in governance, we hold the following principles in mind:

  • Transparency & Open Communication: We believe in being open about our decision-making process and keeping the community informed about any proposals or issues we discuss.
  • Community Focus: Our top priority is to always consider the community’s needs and interests in every decision we make.
  • Inclusiveness: We’re committed to fostering a diverse and inclusive environment, where everyone’s voice is heard, regardless of their background or experience.
  • Accountability: We value accountability and are always open to feedback, which helps us continually improve and better serve our community.

At L2BEAT we believe that crypto is the new infrastructure for the future financial system. As such, we believe that in order for it to be successful, it needs to be:

  • Permissionless, no one should need a third party’s permission to join the network,
  • Censorship resistant, everyone should be free from arbitrary censorship,
  • Trustless, it’s all about cryptographic proofs and consensus, not trusting a central party
  • Decentralised, power and control should be spread across many participants
  • Transparent, everyone should be able to verify and account for transactions, even if they’re private
  • Secure and safe, user safety and security come first, not relying on anyone acting honestly.
  • Open-source, we live by “don’t trust, verify,” so if we can’t see the code, we can’t trust it.

Why we chose to be delegates

We recognize that proper governance is of paramount importance for any protocol that wants to be efficient while remaining decentralized. The precedents we establish today will significantly influence the organizational structures and systems of the future. Consequently, we view our engagement in governance as a professional responsibility, and our team is dedicated to addressing all governance and policy issues that arise within the protocols we’re engaged with.

We assert that governance involves much more than the act of voting; it revolves primarily around fostering constructive dialogue and facilitating the healthy exchange of opinions and viewpoints in order to reach consensus on specific issues.

Skills and areas of expertise:

We consider ourselves experts on blockchain scaling solutions. We have a deep technical understanding of underlying protocols and a broad overview of available solutions. We’ve spent hours understanding the code, documentation and on-chain data of every project listed on our website.

In terms of DAO-relevant work, we served on several grant committees and DAO initiatives and have helped organise the work of the DAOs we’re involved with.

Languages we speak and write

English, Polish, Greek

Disclosure of Conflicts of Interest:

It’s not necessary COI but it’s worth mentioning that we are active delegates in other ecosystems, with more coming in the near future. We also have a working relationship with almost every major Ethereum L2 project and with most bridge projects.

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Update for the time period between July 2024 and January 2025.

Voting

Redistribution of Unclaimed Hodlerdrop Tokens - Voted AGAINST

We voted against the proposal due to its timing. The Lisk Airdrop did not specify a time window for eligible participants to claim the airdrop. From our perspective, 5 months is a relatively short timeframe to introduce such a kind of change.

Redistribution of Unclaimed Hodlerdrop Tokens(with improvements) - Voted FOR

We voted in favor due to the changes that this proposal had. We agreed that the proposal should reward those users more aligned with Lisk. On the other hand, we also supported the idea that the redistribution will happen after 6 months, this gives plenty of time for interested users to claim their tokens.

Extend voting period to 14 days - Voted FOR

We voted in favor of this proposal because, from our perspective, extending the voting period from 7 to 14 days gives delegates more time to review proposals, makes achieving a quorum easier, and helps protect the DAO from malicious proposals by allowing time to react.

L2BEAT’s Office Hours

We want to remind everyone that every week, we’re hosting our Governance Office Hours on Google Meets.

The office hours will be held every Friday at 4 pm UTC/ 11 am EST

During Office Hours, you will be able to reach L2BEAT’s governance team, which consists of Kaereste (Krzysztof Urbanski) and Sinkas (Anastassis Oikonomopoulos), and discuss our activity as delegates.

The purpose of the office hours is to gather feedback from the people who have delegated to us, answer any questions in regard to our voting activities and rationale, and collect input on things you’d like us to engage in discussions about.

You can add the L2BEAT Governance Calendar in your Google Calendar to find the respective Google Meets links for every call and to easily keep track of the Office Hours, as well as other important calls and events (e.g. voting deadlines) relevant to Lisk that L2BEAT governance team will be attending or hosting.

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