StableLab Euler Engagements
Stable Lab joined the Euler community in November after participating in an Euler governance workshop at DevCon. Since joining the community we have been active members of the community voting on 100% of votes since joining and providing our reasoning behind all our votes in our delegate thread.
Additionally, we have been active in the forum, sharing our opinions on proposals and discussions. We took feedback from the Euler community to understand their feeling and author eIP 35 to best reflect the needs of the DAO and ensure the airdrop was claimed.
However, we are also not afraid to speak our minds when we disagree with the community. When in the recognized delegate compensation discussion, we voiced our apprehension about the proposal and pointed out some of the centralized aspects of the proposal and offered alternative solutions even though the majority of the community seemed to be in favor of the proposal. Our mission is to help protocols become more decentralized safely and we will always provide our thoughts on how Euler can accomplish this mission.
Finally, during eIP 36 Fast track - Module updates, the Stable Lab team helped give the Euler team recommendations based on experience in other DAOs on how to handle an urgent matter calmly and efficiently.
StableLab Safe Engagements
Stable Lab also joined Safe DAO as a delegate in November. We currently serve as a Safe delegate for Element Finance and were voted with 99.99% approval to serve as the 1inch Safe delegate, but unfortunately, the 1inch proposal did not reach quorum and the SAFE was not claimed before the airdrop claim deadline.
Since joining Safe DAO, we have voted on 100% of the proposals and are one of only two delegates in Safe DAO that has provided our reasoning for every vote to the community. We are helping Safe DAO become more decentralized in a safe way by voting against enabling token transfers as we felt the DAO was not yet mature enough and didn’t yet have a plan in place to deal with the enabling of token transfers. We hope to continue to help Safe DAO mature and would be happy to provide our thoughts on every Safe proposal to the Euler community.
You can also find more information about our work in other DAOs here.