Here is my conversation with Charles St.Louis. Charles is the COO at Element Finance, a protocol for fixed and variable rate yield markets and previously the governance architect at MakerDAO.
In this conversation, we talked about Element’s governance system - with a particular focus on voting vaults, a powerful new primitive that decouple the relationship between capital and voting power and allow much more expressiveness in how users are given a governance voice in the ecosystem.
I hope you enjoy.
Timestamps:
0:00 intro
2:54 MakerDAO’s arc of decentralization
7:51 how Maker influenced Element’s design
10:22 the Governance Steering Council
21:25 voting vaults
29:10 L1 and L2 for governance
33:23 qualitative evaluation for contributions
37:50 the ElFiverse and NFTs in the Element community
42:24 on being a protocol delegate
Into the Bytecode: https://intothebytecode.xyz
Newsletter for updates: https://bytecode.substack.com
Twitter: https://twitter.com/sinahab
Mentioned in the show:
MakerDAO Governance - [https://makerdao.com/en/governance/]
ENS - [https://docs.ens.domains/v/governance/]
Gitcoin - [https://gitcoin.co/]
The Governance Steering Council - [https://medium.com/element-finance/the-governance-steering-council-63aea7732262]
Voting Vaults - [https://docs.element.fi/governance-council/council-protocol-smart-contracts/voting-vaults]
The Elfiverse - [https://elfiverse.element.fi/]
