0xAlex - Delegate Platform

Name: 0xAlex
Wallet Address: 0x4d6caa3e0983fac7b514d60339ebb538c5a85aae
ENS: 0xalex0.eth
Snapshot Profile: Snapshot
Contact information: X/Twitter: x.com

Introduction:

I am DAO Lead at Kleros, a decentralized dispute resolution protocol. I am also a delegate in Arbitrum and Shutter DAO, and personally a member of BlockHubDAO, a small VC DAO.

Driver and Values:

I have been interested in DeFi since 2019, following Token Brice and the DeFi France ecosystem. I am a power user with experience in various DeFI protocols (Curve, Uniswap, AAVE, Aura, Morpho, Instadapp, LRT protocols, Aerodrome etc.). I regularly use ParaSwap via DeFiLlamaswap and was a former delegate in Paladin DAO.

I want to be more involved in the DeFi governance space, and I think the recent PIP-54 Delegate Program Trial Period is a great opportunity for me to contribute. As a delegate, I will always vote with the long-term interests of ParaSwap DAO in mind, prioritizing censorship resistance, decentralization, and efficiency that are core values to me.

I also aim to represent the interests of ParaSwap’s token holders by being mindful of tokenomics and treasury usage. Additionally, I am deeply interested in exploring new governance mechanisms such as Futarchy, as well as mechanisms involving councils and committees, or Constitutional DAOs . I believe these could be beneficial for ParaSwap DAO.

COI Disclosure:

Regarding conflicts of interest (COI), I have disclosed all my involvment in the space, should any COIs arise, I will disclose them promptly.

I’m excited to begin my role as a delegate. I will report my voting results on this channel. If you have any questions, feel free to ask me

5 Likes

Proposal: PIP-56: Implementation of Project MirĂł Roadmap and Migration
Vote: For
Rationale: PIP-57 - PIP Lifecycle Improvements - #16 by 0xAlex

Proposal: [GRANT REQUEST] OAK Research Grant Proposal
Vote: Against
Rationale: I support the idea of leveraging marketing opportunities to promote ParaSwap. However, as pointed out by some delegates, OAK Investment’s visibility on Twitter and their website appears to be quite limited.

Proposal: PEP-08: Upgrade Module End-of-Life Strategy
Vote: For
Rationale: I fully support Project Miró and believe it’s crucial that no one in the community is left behind. Therefore, allowing sePSP1 holders to transition to sePSP2 by adding ETH without waiting for the withdrawal request period—is essential.

Proposal: PIP-58 - ParaSwap Delegate Incentives Program - Cycle 1
Vote: For
Rationale: This is a very well-crafted proposal, voter apathy and the over-centralization of power are key issues that DAOs need to address to function effectively. The results of the trial clearly demonstrate a positive trend, as evidenced by all the metrics displayed. The key requirements and thresholds set forth make sense for Paraswap, and SeedGov has a proven track record of successfully running a similar program within Arbitrum DAO since March 2024. Since then, key metrics such as the Decentralization of VP, Participation, and Quality of Feedbacks have drastically improved.

Proposal: PIP-59: Proposal for Returning 40.203 wETH to Bybit (After 10% Bounty Deduction)
Vote: For
Rationale: As mentionned in my comment, I believe returning the funds to ByBit is the right thing to do and is in the best interest of the DAO. I appreciate that ByBit has amended its proposal to deduct 10%, as many Delegates have requested.

Proposal: PIP-60 - Expansion of Project Miro token and staking system to Base
Vote: For
Rationale: I see no compelling arguments against expanding the PSP token to Base, an L2 with significant traction and a growing user base. While gas fees on Mainnet are currently low, this could change rapidly, making it critical for ParaSwap to develop a robust L2 strategy. The proposal is well-articulated, and the budget allocated for the audit is reasonable and consistent with industry standards.

Proposal: PIP-61: Increase Quorum Threshold
Vote: For
Rationale: Establishing the right quorum is crucial for effective DAO governance. The current quorum of 2% is too low, which is why I strongly support @jengajojo_daoplomats’ initiative and their discussions with other delegates to raise it to 6%. This adjustment will strengthen Velora DAO’s resilience against attacks and better align with our goals of bootstrapping its governance.

Proposal: PIP-62 - Velora Governance Task Force
Vote: For
Rationale: I am supportive of this proposal as I have explained in this comment PIP-62 - Velora Governance Task Force - #24 by 0xAlex for the Velora Protocol to grow and be successful it is crucial to be supported by an organized DAO.

Proposal: Gas Refunds distribution for Epoch 29
Vote: For
Rationale: As I mentionned in my comment PIP-55 Reward Mechanism Automation, WakeUp Labs Update Thread - #11 by 0xAlex I support this proposal, this is a good step to decentralize and automatize Velora DAO.

Proposal: Rewards distribution for Epoch 29
Vote: For
Rationale: Similar to the previous proposal, I believe this is a great move toward decentralization by automating and directly distributing rewards via the DAO. Thanks to @WakeUpLabs for setting it up!

Proposal: PIP-63 - ParaSwap Growth Working Group Outcome - Velora Growth Framework (VGF) and Velora Growth Committee (VGC)
Vote: For
Rationale: I have expressed my opinion in the following comment PIP-63 - ParaSwap Growth Working Group Outcome - Velora Growth Framework (VGF) and Velora Growth Committee (VGC) - #8 by 0xAlex. I support this proposal as with the rebranding now is the right time to grow and increase BD efforts. I also appreciate the clarification in terms of scoping from @Laita to avoid overlaps.