Ignas Delegate Communication Thread

Delegates
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1. Basic Info

  • Name: Ignas
  • Delegate Address: ignasdefi.eth | 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0
  • X (Twitter): x.com
  • Telegram: @ignasdefi

2. Intro

I’m Ignas, a solo researcher with the main focus on DeFi. My mission is to provide clear, in-depth insights helping my audiences stay up-to-date with the latest trends while actively supporting DAO development.

I believe in the decentralized future and it means actively participating in Obol DAO in every way I can—whether it’s by serving as a delegate, joining working groups, discussing any proposals or seizing new opportunities that come up. I’ll also be sharing key DAO decisions on X and my blog.

3. Delegate Communication Intent

I’m committed to keeping the Obol community informed with regular, transparent updates. I’ll provide clear insights into my voting choices and reasoning to ensure everyone understands the direction we’re headed and why.

4. Why I Want to be a Delegate

Currently, DeFi DAOs face several internal issues, such as voter apathy leading to governance attacks, insider voting, and voting concentration among a few active voting addresses. Additionally, they face external challenges like regulatory uncertainty.

I believe in a decentralized future, even if it seems naive. However, the current state of crypto is plagued by misaligned incentives that prioritize short-term speculative gains over the core DeFi values of self-sovereignty and custody.

Equally concerning is the trend of McKinsification in DAOs, where decisions are increasingly made by one or two professional consultant delegates. This discourages individual participation, as their opinions and votes have less impact.

To make DeFi DAOs viable, we must align incentives to encourage active participation in governance from the broader crypto community. I believe that community must be at the core of every DAO. Without giving the community a say in protocol governance, we’re no better than the Web2 companies we aim to replace—companies that view their “community” merely as users to extract value from.

I will support initiatives that align token holders with the protocol, such as revenue sharing or other methods to bring value to the token. Token holders are frustrated with exploitative tokenomics that only benefit early insiders who acquired tokens at much lower prices, leaving no upside for new investors. Without incentives to buy and hold tokens, the attractiveness and health of DAOs decline.

As mentioned, I will highlight key votes and decisions of the DAO on X and my blog, as I believe the general public is often unaware of important actions being taken.

5. Disclosure

I am the co-founder of Pink Brains, an organization dedicated to promoting various crypto projects through educational content. You can find more info about us here: pinkbrains | Twitter | Linktree.

I’m a delegate for Lido, Aave, Uniswap, Instadapp, Arbitrum, Velora… I plan to apply as a delegate to other DAOs soon, with the same mission of strengthening them and aligning token holders with the protocol.

I always make appropriate disclosures and recuse myself from voting when necessary.

6. Delegation

If anyone would like to delegate to me, please use the following address: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0

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1. Proposal: OIP #4 Delegate Compensation and Delegate Reputation Score Integration (stOBOL) (Tally)

  • Date Voted: May 26, 2025

  • Vote: For

  • Rationale: Although the technical implementation cost is relatively high compared to the initial reward pool, I believe this is a worthwhile investment to set up a more accountable and transparent delegate compensation system.

    This proposal introduces clear standards for participation and uses the DRS system to reward meaningful engagement. It’s a good foundation to test what works and iterate from there.

    Check my feedback in the forum proposal here: OIP#4 Delegate Compensation and Delegate Reputation Score Integration for stOBOL - #18 by Ignas

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Date Voted: July 7, 2025

2. Proposal: OIP#5 Extension of the Airdrop Claim Period for Eligible Participant (Tally)

  • Vote: For
  • Rationale: We need to prioritize community even if short term token might go down in price due to higher airdrop claim and sell. Voted yes!

3. Proposal: OIP#6 Assigning the Cancel Role to the Obol Association (Tally)

  • Vote: For

  • Rationale: This proposal is a no brainer for me, I support it :).

    I didn’t vote on the Redistribute Unclaimed Airdrop to $OBOL Stakers proposal because it was flagged as invalid by Leo, but there was definitely some confusion at first.

    This proposal addresses that gap by introducing a transparent and narrowly scoped process to ensure only proposals that follow established governance standards move forward. It also helps Obol stay professional and credible in how governance works.

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4. Proposal: Shutdown of the Obol Association. (Tally)

  • Date Voted: July 15, 2025
  • Vote: Against
  • Rationale: This proposal is not aligned with the foundational requirements of the DAO and will be disregarded regardless of the vote outcome.

I’m voting No to signal clear opposition to this type of malicious governance attempt.