jameskbh Delegate Platform
Delegate Address: 0x714D8b5874b3a6a69f289f4e857F4C9670074296
Delegate ENS Address: jameskbh.eth
Twitter: jameskbh
- Introduction: I’m an active delegate within other DAOs like Arbitrum, Balancer and Aura Finance. I have consistently engaged with key governance activities, including participation in Working Groups to define and refine DAO processes. This role has allowed me to gain first-hand experience in navigating governance complexities and ensuring the DAO operates with transparency and efficiency.
I am deeply invested in community building and engagement. I recognize the vital role a robust community plays in the success of any decentralized network, and I am dedicated to nurturing a collaborative and inclusive atmosphere within Paraswap.
- Driver and Values: I believe the DAO benefits from an engaged set of delegates, and that my experience can help it to thrive. I am committed to diligently representing the community’s interests and actively promoting the network’s expansion and wider adoption.
- COI Disclosure I don’t see any potential conflict of interests for the time being and will be the first to declare if it arises. I’m currently a delegate in the DAOs I mentioned previously.
2 Likes
Proposal: PIP-55- Reward Mechanism Automation
Vote: For
Reasoning: This is a proposal to automate ParaSwap’s reward distribution, reducing manual errors and supporting decentralization. I support the proposal and the hybrid payment model that ensures that the maintenance is covered with transaction fees related with the proposal (the cap is reasonable, IMO).
Proposal: PIP-56: Implementation of Project Miró Roadmap and Migration
Vote: For
Reasoning: This proposal is the cornerstone for a new era for Paraswap. In my view, the steps are well-thought, and I’m looking forward to seeing it in place.
Proposal: PIP-57 - PIP Lifecycle Improvements
Voted: For
Reasoning: This is a refinement for the PIP lifecycle that introduces more items into the template to ensure that the most important items are covered, and also defines a framework for its Lifecycle. Support.
Proposal: [GRANT REQUEST] OAK Research Grant Proposal
Vote: Against
Reasoning: I voted against because I don’t see effectiveness in producing content and don’t have a solid distribution channel. We need reach for this to make sense for the DAO, and that means exposure in channels that are not owned by the DAO itself. If this is improved in a future proposal, I will review the vote direction.
Proposal: PEP-08: Upgrade Module End-of-Life Strategy
Vote: For
Reasoning: This is a request to help to enable PIP-56. As there is no actual spending of $PSP, and the goal is to smooth the transition between the current and the upcoming token, I support the proposal.
Proposal: PIP-58 - ParaSwap Delegate Incentives Program - Cycle 1
Vote: For
Reasoning: This program has well-defined KPIs that will help to foster higher engagement within ParaswapDAO governance process. Excited to see what is next.
Proposal: PIP-59: Proposal for Returning 40.203 wETH to Bybit (After 10% Bounty Deduction)
Vote: For
Reasoning: As the DAO has sovereignty over the fee distribution, we have this situation. As there is no proper framework on how to deal with it, we have this vote. This was an unforeseen situation, and we need to handle it the best way possible.
In this specific situation, my vote is to send the funds to @bybit as a goodwill gesture, as the DAO shouldn’t be associated with profits from an illicit action.
As a learning for this, I want to insist that the DAO should get proper legal counsel and create a framework to deal with future requests and decentralise the fee distribution as much as possible, so there is no surface area to ask/demand to the DAO for any funds.
Proposal: PIP-60 - Expansion of Project Miro token and staking system to Base
Vote: For
Reasoning: I support expanding Project Miro’s token and staking system to the Base chain. This will introduce the token to new users and allow the current stakers to migrate to other chains. I also appreciate the change proposed to distribute the rewards to the chain where the user has more tokens staked, as this makes the process simpler.
Proposal: PIP-61: Increase Quorum Threshold
Vote: For
Rationale: This is a good initiative, and the adjusted 6% threshold seems to have the right balance between protecting the protocol and don’t make the quorum too hard to achieve.