daos

LobbyFi became the largest delegate in the Arbitrum DAO yesterday. 

AMA

LobbyFi just became the largest delegate in the @arbitrum DAO.

This marks the beginning of fulfilling our long-term vision. 

We invite each and every one of you to build it with us. https://t.co/H9FDcBX1a7

LobbyFi

LobbyFi became the largest delegate in the Arbitrum DAO yesterday. 

AMA

https://x.com/lobbyfinance/status/1882843977797546014?s=46

So interested to see how this impacts meta-governance. Well done!

Replied :)

TL; DR: I think it will ultimately lead to higher participation in governance and (with a bit of luck) to more representativeness of the outcomes and interests within the delegate space. 

DAOs themselves would not change much as long as products like lobbyfi.xyz is not stepping in into dangerous matters (which we are certrainly not) but will net-profit from what lobbyism (or diminishing corruption) brings. 

Higher participation, yield on idle voting power, less corruption -> one of our main goals is to make governance sexy again.

It's /ʲustɑs/  •  security research  •  privacy  •  rollups  •  zk-proofs  •  game theory  •  https://ustas.eth.limo/

How do you see the impact of lobbyism on DAOs?

Check DMs, please!