We voted YES on prop 43. Making more complex trades possible on Tier 2 markets empowers traders, which will help attract demand for liquidity and, in turn, market makers to fill that demand.
We voted NO on prop 44. While the proposal has a lot of merit, the community hasn’t been given enough time and space for feedback. A couple of pertinent objections were raised but not addressed.
We can not support the proposal in its current form but would very much like to support it in a modified version that takes community feedback to heart.
The best possible solution would likely be a community-led delegation program with clear, transparent, and decentralized decision-making on which validators to include and how to allocate stakes. This would truly maximize economic security, empower the community, and accrue the maximum potential rewards to the community fund.
But first and foremost, we voted NO because we believe the community has not been adequately heard. StableLab is a champion for decentralization everywhere it operates. DAOs thrive or perish on the merits of its community. It should be empowered or at least heard at every possible opportunity, and especially if a significant portion of community funds is being considered.