Argonaut - Delegate Platform

Delegation
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Argonaut Delegate Platform

Delegate Name: Argonaut

Forum: Argonaut

Delegate Address: 0x21b3B193B71680E2fAfe40768C03a0Fd305EFa75

Twitter Profile: Argonaut

Tally Delegate Profile: https://www.tally.xyz/profile/0x21b3b193b71680e2fafe40768c03a0fd305efa75

About Us:

Argonaut is a team of highly motivated crypto enthusiasts eager to participate in governance and make meaningful improvements where we see opportunities. Our team is diverse, with expertise on DeFi analysis, smart contract development, and research.

We chose the name Argonaut to symbolize our commitment to governance across various DAOs. Like Jason’s mythological crew, we bring together a range of skills and a pioneering spirit, dedicated to exploring new challenges and leading with innovation in decentralized governance.

Main Focus:

Our focus areas are security, fairness, and innovation.

Conflicts of Interest:

As a young team, we are currently active only in Arbitrum, Uniswap, and Compound as delegates, but we plan to expand our involvement in other DAOs as we grow. We are committed to maintaining transparency in our decisions, with no hidden agendas.

We created this Delegate Platform to participate more actively and add value to the DAO.

Feel free to reach out if you think we can contribute to anything the DAO needs, and please consider delegating to us to keep us incentivized to continue contributing.

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  • Proposal: PIP-59: Proposal for Returning 40.203 wETH to Bybit (After 10% Bounty Deduction)
  • Platform: Snapshot
  • Vote: FOR
  • Reasoning: After careful consideration, we have voted FOR this proposal to return the requested funds. As we stated in our comment, Paraswap should not benefit or profit from a crime that may also happen to us, and in this sense all protocols should work side by side to reduce as much as possible the damage that hackers can do. We understand those who are concerned about more claims indicating that scammers have also used Paraswap to steal funds from them, nevertheless we consider this case to be quite different since it’s been verified the authenticity of the claim by an official account of Bybit, therefore the account that created this claim as we indicated in our comment is legitimate, unlike what may happen with other claimants. It would not make sense to face legal implications for keeping these funds and considering how they were originated while it is still possible to return them, not to mention that the protocol still wins by keeping a portion (40.203 wETH instead of 44.67wETH) from the HackBounty program as indicated in the proposal itself.
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  • Proposal: PIP-60 - Expansion of Project Miro token and staking system to Base
  • Platform: Snapshot
  • Vote: FOR
  • Reasoning: Our team voted FOR this proposal. We share the expressed thoughts about this deployment of Project Miro token to Base as being quite benefitial for ParaSwap DAO across rollups in terms of growth and security, but this whole idea also brings a sort of freedom for stakers as to where and how they would like to claim their rewards which is an innovation we strongly support.
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  • Proposal: PIP-61: Increase Quorum Threshold
  • Platform: Snapshot
  • Vote: FOR
  • Reasoning: We agree that the quorum threshold was low, especially considering the circulating supply of PSP. Additionally, the community’s feedback was taken into account, and the proposal was adjusted accordingly. For all these reasons, we support this proposal and voted For.
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  • Proposal: PIP-62 - Velora Governance Task Force
  • Platform: Snapshot
  • Vote: FOR
  • Reasoning: We voted FOR this proposal because we trust what SeedGov is and does not only in the DAO, but as a professional team of delegates in all DAOs in general. We believe there is no doubt how much the ParaSwap DAO has grown under their leadership, so having them as DAO facilitators is quite valuable from our side. The initiatives proposed by SeedGov have had the expected positive impact and there is now a lot of movement and engagement in the DAO that was not there before and it is all because of these initiatives, so it is hard to be against this proposal with such positive results and background for SeedGov as an active participant in the DAO. As for the proposed new scope, role and even budget, we think everything looks more than reasonable, so not much to say about these aspects. We are eager to see SeedGov become a DAO facilitator and the planned actions already become true.