[RFC] RSR Health: Request For Comments

Thank you Nevin for this thoughtful and fact-based response. We’re wide open to support the Reserve ecosystem with research, analytics and insights from our years serving many top DAOs on their governance journey.

For us as governance facilitators, the “lowest hanging fruit” is to get closer to a cross DTF governance of some kind. I put lowest into quotes because it’s actually a massive feat of collaboration, since every DTF would need to give up some yield and control to others.

At the moment it is very hard for DTF DAOs to fund meaningful initiatives and grants because their earnings aren’t big enough, or because any outflow means less staking yield to $RSR stakers, when staking is the primary demand driver for RSR.

Afaik, only eUSD has taken up the initiative and is sharing revenue with Sawyer to be an eUSD champion. Ham has contributed immensely to governance and is doing so on purely intrinsic motivations.

A cross DTF fund could help finance marketing campaigns, incentivize ambassadors or give grants to builders to grow the whole pie. We already have some really good thinking on the subject here in this thread.

We’re happy to move this further, if there’s buyin from major stakeholders and interest to make that happen.

Another, broader initiative could be a common gauge system of ve-locking RSR and voting on gauges to fund initiatives, and/or get yield from DTF, but with a common, easy interface, such as can be seen in Curve Finance, Aerodrome and Velodrome.

This would require substantial development as well.

I personally really cherish the newfound sense of urgency and the passion to improve governance. Please consider me and all of StableLab at your service when you need us.

9 Likes