Erin Koen Profile Banner
Erin Koen Profile
Erin Koen

@eek637

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Gov Lead @uniswapfnd Fmr Asset Mgmt Lead and Dev @avantgardefi

Joined April 2010
Don't wanna be here? Send us removal request.
@eek637
Erin Koen
7 months
๐Ÿงต Biggest week in Uniswap Protocol Governance... ever? I just proposed a large-scale upgrade to the system. Specifically, I believe we should upgrade the protocol so that its fee mechanism rewards UNI token holders that have staked and delegated their tokens. ๐Ÿฆ„
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@eek637
Erin Koen
2 years
@haydenzadams lol I just wrote two tweets about this and deleted. Worth noting that the whole "SBF company A steals customer funds to repay the bad debt of SBF company B" doesn't get mentioned till the 31st paragraph and then is never brought up again.
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@eek637
Erin Koen
2 years
@indoexJKT @AviFelman Lol tether and an onshore us bank, tell me another one
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@eek637
Erin Koen
7 months
Thanks to the delegates and other community members who have voiced their support for the proposal I posted last week. The next step in the process is a Snapshot poll to more formally gauge community sentiment. The poll goes live in 20 minutes or so:
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@eek637
Erin Koen
7 months
If approved by the community, Uniswap Governance's resilience and decentralization will increase. Two truths: The Uniswap Protocol is immensely useful (trillions of USD in lifetime swap volume), and it is governance minimized (two adjustable parameters in v3, one in v4).
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@eek637
Erin Koen
7 months
To survive & thrive in a credibly neutral way, Uniswap Governance needs to use its reputational, financial & technical capital for good. But the system isn't set up for success. At UF, we're tackling this from 2 angles: 1๏ธโƒฃ GovSwap 2๏ธโƒฃ Making delegation necessary for UNI staking
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@eek637
Erin Koen
3 years
Is this good?
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@eek637
Erin Koen
7 months
As a result of those facts, it has built a market share lead with a very low level of Governance activity. Maintaining this lead is only going to get more difficult. Liquidity is fragmenting across many chains, intents are a thing, MEV is a thing, competition is VERY smart, etc.
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@eek637
Erin Koen
1 year
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@eek637
Erin Koen
7 months
I'm thrilled that GovSwap is the 1st grant we're making under UF's evolved strategy. @keighstone + @JanineLeger + @joinedgecity will curate a number of events in 2024 to bring together delegates and community members IRL.
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@eek637
Erin Koen
1 year
1/ the vast majority of uniswap governance action this year has been voting to declare canonical deployments of the protocol on different chains. i get that these votes are kind of boring and rote. But they are IMPORTANT, and using @BuildOnBase as an example, here is why:
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@eek637
Erin Koen
2 years
There's a big vote happening @ENS_DAO and we're a part of it. All three proposals are thoughtful, well-researched but *long* documents, and there seems to be some confusion in the forums on the basic value props of each.
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@eek637
Erin Koen
3 years
Pumped to be repping @enzymefinance and @avantgardefi at #Mainnet2021 . Come check out my Proof of Work chat at 4pm Monday to see what we've got planned for the future of decentralized asset management.
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@eek637
Erin Koen
8 months
I have my dream job. That is all.
@UniswapFND
Uniswap Foundation
8 months
๐Ÿฆ„ Introducing our Reimagined Grants Strategy Our vision is simple: to make the @Uniswap Protocol the liquidity layer of the Internet. As stewards of the Protocol and the Community, we have evolved our grants strategy to turn this vision into reality. Here's why and how ๐Ÿงต๐Ÿ‘‡
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@eek637
Erin Koen
7 months
Being able to say, "this feels like something i should ask gauntlet" is a superpower.
@Gabe_PZ
Gabe Pohl-Zaretsky
7 months
Always a thrill to see months of blood, sweat and tears culminating in real change and impact for @Uniswap ! Immensely proud of the work my team put in to provide quantitative backing in order to support this proposal!
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@eek637
Erin Koen
1 year
I've been at @UniswapFND for < 2 weeks. A lot of that time has been spent thinking about how the DAO should recognize canonical deployments of v3 on non-ethereum chains. Why does that matter, you might ask?
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@eek637
Erin Koen
3 years
1/ DAO treasury management should be transparent and secure. @enzymefinance infrastructure is the best way to accomplish this. A thread ๐Ÿงต๐Ÿ‘‡๐Ÿป
@avantgardefi
Avantgarde ๐Ÿฆ
3 years
1. We were excited to see @llamacommunity_ 's pair of treasury management posts in the @aaveaave governance forum last week:
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@eek637
Erin Koen
5 months
imo it's too early to say "the regulatory climate is shifting" but if that is indeed the case, it will be due in no small part to the efforts of @fund_defi . with that in mind i am very happy to see this proposal posted:
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@eek637
Erin Koen
3 years
๐Ÿšจ NERD ALERT ๐Ÿšจ @thefubhy (along with @yogivanov ) built what is arguably the most intricate, useful subgraph in existence for @enzymefinance . If you're working on your own, this will be a great listen.
@grt_iq
GRTiQ
3 years
๐Ÿ“ข Now Available! Ep 22 w/ @thefubhy , Co-founder & Lead App Developer ( @avantgardefi ) the #developer behind @enzymefinance , a user of @graphprotocol . Listen to learn about the user experience & how important The Graph is to #DeFi & #Web3 . $GRT #dApp
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@eek637
Erin Koen
2 years
To help delegates understand the implication of their vote, we've put together a quick spreadsheet that compares the three on what we consider to be the main points.
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@eek637
Erin Koen
9 months
Four years full time in crypto today. Thankful to @Mona_El_Isa @thefubhy and @yogivanov for taking a chance on a newbie dev.
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@eek637
Erin Koen
1 year
I just had a PR merged that updated the license of a few types and interfaces in the Uniswap V4 core repo. These small changes will help developers build businesses on top of v4; the way they came about is emblematic of the work that the UF is doing to bring v4 to market. (1/8)
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@eek637
Erin Koen
7 months
It's been an honor and a privilege to work with an incredible group of grantees on the projects that underpin this proposed upgrade, including @gauntlet_xyz , @ScopeLift , @avantgardefi , @nounsagora , @trailofbits , @code4rena , @immunefi , @keighstone and @JanineLeger .
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@eek637
Erin Koen
1 year
@VirtualElena @basche42 Incredible nonchalance here:
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@eek637
Erin Koen
8 months
messing around with the @tallyxyz api trying to get the rust off. there are currently ~190m UNI delegated total. The top 30 delegates have 143m of them. Of those 30, the average account has voted 2.4 times out of the last 10, and 14 have not voted once.
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@eek637
Erin Koen
8 months
GOT IT
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@eek637
Erin Koen
8 months
absolutely cooking right now
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@eek637
Erin Koen
11 months
The next 18 months in crypto are going to be SO fun.
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@eek637
Erin Koen
1 year
all over the place this week. To hold myself accountable next week and going forward - fewer meetings, relentless focus on executing the shit that matters.
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@eek637
Erin Koen
1 year
I was wrong here.
@eek637
Erin Koen
2 years
5/ the concerns over cross-chain messaging tooling are in my opinion a red herring. There is of course risk of harm - financial and reputational - in the case of a hack. But the numbers involved are so small, and the situation that must occur for an exploit so convoluted,
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@eek637
Erin Koen
4 years
Proud to be a part of this team today.
@enzymefinance
Enzyme
4 years
Today, we're excited to announce Enzyme; the asset management layer for: 1. Savers who don't have time to stay on top of all the DeFi opportunities 2. Portfolio Managers who want to build, scale & monetise investment strategies 10 new features ๐Ÿ‘ฉโ€๐Ÿ”ฌ
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@eek637
Erin Koen
7 months
It's an idea that grew from last summer's Blessing.
@Mona_El_Isa
Mona El Isa
1 year
The first meeting of @UniswapFND delegates took place IRL in #NYC today around #mainnet2023 . Pretty honored to have been a part of such a historic moment. Some takeaways & discussion points: - What is the role of a uniswap delegate and what North Star are we all working
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@eek637
Erin Koen
7 months
I'm excited to engage with the community to discuss the implications of these proposed changes, our rationale in making these design choices, and, in general, the future of the Uniswap Protocol. You know where to find me!
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@eek637
Erin Koen
7 months
I am incredibly excited about GovSwap (coming soon TM), and think that it will be a game changer for our current delegates & the entry point for many new governance contributors. But good, values-aligned delegates with 0 votes are not going to drive the progress we need to make.
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@eek637
Erin Koen
10 months
Me: posts a thread full of etherscan links and contract role descriptions Also me: invariably surprised by low thread engagement
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@eek637
Erin Koen
7 months
It was incredible to watch these tier 1 operators in action last week, and we're already seeing tangible outputs in the forum. Can't wait for GovSwap II: This Time in Europe (name pending approval cc @keighstone @JanineLeger ) and the rest of our 2024 agenda.
@UniswapFND
Uniswap Foundation
7 months
๐Ÿ‘ About the Grantees The Uniswap Foundation is confident that @keighstone from Iris Rising & @JanineLeger from @joinedgecity are the ideal leaders for the GovSwap initiative. Their expertise in DAOs, community building & strategic leadership is key in activating delegates.
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@eek637
Erin Koen
7 months
Vote distribution is currently very skewed towards large delegates & many are not active (or even identifiable). So from the other direction, we propose to make delegation a pre-requisite to staking UNI and earning a portion of protocol revenue.
@eek637
Erin Koen
8 months
messing around with the @tallyxyz api trying to get the rust off. there are currently ~190m UNI delegated total. The top 30 delegates have 143m of them. Of those 30, the average account has voted 2.4 times out of the last 10, and 14 have not voted once.
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@eek637
Erin Koen
6 months
The timeline has been littered with "don't start a crypto company in America" and "the regulatory state is driving talent offshore" takes this week. Funding smart teams doing important work (with the receipts to prove it) is how we get to stay here.
@millercwl
Miller
6 months
Since our founding in 2021, @fund_defi has advocated and fought for DeFi in legislative discussions, regulatory debates, and in the courts. We are eager to do so much more and appreciate your consideration:
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@eek637
Erin Koen
1 year
Uniswap proposal #49 , spearheaded by Stabl Labs, is live and voting ends early next week. It proposes that Uniswap governance declare @zero_zkevm a "friendly fork" of v3.
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@eek637
Erin Koen
7 months
Through GovSwap, we will work as a group to answer the fundamentals: ๐ŸŸฃ Why should delegates be involved? ๐ŸŸฃ How can they shape the protocol's direction? ๐ŸŸฃ What should we be focused on? ๐ŸŸฃ What is a good, values-aligned delegate?
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@eek637
Erin Koen
1 year
If youโ€™re one of my followers who has thought โ€œI wish I had a performant api to query uniswap infoโ€ look no further than this example of what you can do with Okuโ€™s data.
@getty_hill
Getty Hill
1 year
LOOKING FOR TESTERS Do you often find yourself on ? Do you get tired of the load times? Do you wish that it had LP position info? Wait no more and send me a DM to get beta access.
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@eek637
Erin Koen
1 year
Just a note to say that the vast majority of the crypto ecosystem is not sufficiently bullish.
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@eek637
Erin Koen
4 years
@enzymefinance
Enzyme
4 years
How to Build a Trading Bot on Melon is now live from #DeFiDiscussions . The recording is here for anyone who wants to reference. Fast forward to 21 minutes if you want to skip straight to @eek637 intro to MelonJS & bot tutorial/demo
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@eek637
Erin Koen
2 years
Leighton's approach here - stripping away the various second-order complexities to ask the basic question of "what will happen to the product if we change the economics" - is super powerful and has generated more substantive conversation than any of the prior attempts.
@lay2000lbs
Leighton
2 years
๐Ÿšจ Voting for Uniswap fee switch pilot starts Monday @guil_lambert & I will be submitting our proposal for final vote. ๐Ÿฆ„ Here's what you need to do to prepare...
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@eek637
Erin Koen
10 months
Just discovered that a normie friend has been quietly building a crypto-enabled consumer app for the last year and is launching next month. It has never felt more inevitable.
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@eek637
Erin Koen
6 months
This is amazing. All on ~50% of the tvl of the competition. Itโ€™s almost as if that metric (tvl) is meaningless and easily gamed.
@Uniswap
Uniswap Labs ๐Ÿฆ„
6 months
Base volume on Uniswap Protocol ๐Ÿ”ต January: $329M February: $675M March: $9.4B Halfway through April: $7.8B ๐Ÿ‘€
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@eek637
Erin Koen
1 year
et voila how many tokens should be required to post a @SnapshotLabs poll?
@UniswapFND
Uniswap Foundation
1 year
Tomorrow, UF Gov Lead @eek637 will kick off a discussion around a permanent solution, including the right number for a new threshold, in the gov forum.
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@eek637
Erin Koen
6 months
If I unstake my spork nft can i get off the Bobby Kennedy email list @EthereumDenver ?
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@eek637
Erin Koen
7 months
In our proposed system, existing delegators must choose new delegates to stake tokens and earn rewards, likely creating mass re-delegation event short- to medium-term. Holders must delegate to stake, expecting a long-term increase in total votes.
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@eek637
Erin Koen
7 months
you gotta be better @united - there is zero excuse not to use one of the many 2FA methods available to you instead of asking my what my favorite city to visit as a child was. Stop buying back shares and invest in your infra, it is embarrassing.
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@eek637
Erin Koen
9 months
Just a reminder that @0xpibblez and @MattFiebach from @blockworksres run a monthly Uniswap governance community call. January's got pushed to next Tuesday at 10am EST. They've got a shared google cal linked in this post:
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@eek637
Erin Koen
1 year
The Uniswap DAO is getting a bunch of ARB as part of the initial token distribution (thanks @arbitrum !). I posted an RFP last week asking the community to come up with ideas on how to spend it. 1/not many
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@eek637
Erin Koen
2 years
Iโ€™ve spent more or less three years straight thinking about non-custodial asset management while working on @enzymefinance . I cannot come up with a better application for the protocol weโ€™ve built than the ENS Endoament.
@avantgardefi
Avantgarde ๐Ÿฆ
2 years
We are thrilled to have submitted a response to @ENS_DAO 's Endowment RFP. (1/9)
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@eek637
Erin Koen
9 months
there are a couple Uniswap proposals live right now. #55 declares a canonical implementation of V3 on Rootstock. #56 lowers the threshold to post an on-chain proposal to 1m UNI (from 2.5m) Go vote!
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@eek637
Erin Koen
1 year
Kudos to @LucaMossini and the rest of the @avantgardefi team for managing this proposal from start (in approx February) to finish.
@Kiln_finance
Kiln ๐Ÿงฑ๐Ÿ”ฅ
1 year
๐Ÿ™Œ We're happy to announce our partnership with Nexus Mutual! โ›“๏ธย  As a pioneering on-chain insurance alternative protocol, Nexus Mutual has taken a significant step forward by allocating a portion of its capital pool to staking with Kiln through Enzyme. ๐ŸŒย  With Kiln On Chain,
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@eek637
Erin Koen
10 months
There's a neat experiment happening currently in Uniswap governance. In late October, @DooWanNam from @StableLab posted an RFC to delegate some of the protocol treasury's UNI to "active but underrepresented delegates".
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@eek637
Erin Koen
11 months
@nic__carter this is an amazing infographic, bravo:
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@eek637
Erin Koen
1 year
if you are a uniswap delegate (or if you want to be a uniswap delegate) and you'll be in istanbul on November 16, DM me.
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@eek637
Erin Koen
1 year
This is the super exciting result of a ton of hard work solving complex technical and legal challenges by both the @avantgardefi and @AgioDigital teams. Really pumped to see it live.
@avantgardefi
Avantgarde ๐Ÿฆ
1 year
๐Ÿš€ Exciting News! @avantgardefi is partnering w/ @AgioDigital to offer the first ever institutional-grade on-chain #crypto products. Set up fully regulated & compliant on-chain #funds in a matter of weeks, reducing total expense ratios by more than 80%.
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@eek637
Erin Koen
7 months
contest to see how many emails tokenproof has to send you before you download this app that you will use for three days and then delete, i'm at 7 i think
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@eek637
Erin Koen
11 months
yooooooooo this is amazing work - bravo @shelby_steidl @abbey_titcomb and team!
@radworks_
Radworks ๐ŸŒฑ
11 months
Weโ€™re thrilled to announce that Radworks is now streaming $1 million in USDC & RAD to 30 of our critical software dependencies ๐ŸŽ‰ Hereโ€™s how it went down ๐Ÿ‘‡
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@eek637
Erin Koen
2 years
very early in my defi career i got in trouble b/c i tweeted about building a POC subgraph for enzyme vaults to monitor chainlink price feeds before it was public that enzyme was moving to chainlink. "3 protocols," i thought, "this is SO defi"... send tweet.
@enzymefinance
Enzyme
2 years
Very excited to announce @NexusMutual has deposited 15,348 ETH ($25M) into @enzymefinance to access attractive yields via @Maven11Capital 's wETH lending pool on @MapleFinance ๐Ÿš€ Enzymeโ€™s transparent OS enables Nexus to verify & track deposits using @Chainlink . Full ๐Ÿงต below ๐Ÿ‘‡
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@eek637
Erin Koen
1 year
got my first senate email this morning
@koheingt
kohei.eth โ˜‚๏ธ
1 year
Senate is now integrated into @Uniswap forum ๐Ÿ”ฅ
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@eek637
Erin Koen
10 months
Been offline for a week. Did Janet yellen really pronounce it โ€œbeh-nahnceโ€?
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@eek637
Erin Koen
11 months
There are a lot of hurdles to delegates making good decisions when it comes to the complex proposals they are sometimes asked to evaluate. Among them is incomplete information.
@divine_economy
david phelps ๐Ÿฎ๐Ÿฐ๐Ÿƒ๐Ÿ˜
11 months
the beauty of the contest is that it serves as a perfect proxy of how much value will likely be restaked on @eigenlayer โ€” based on intrinsic market cap as unlocked by community engagement and it turns governance into something it's never been before: a team sport 3/
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@eek637
Erin Koen
11 months
evergreen tweet
@devinawalsh
Devin Walsh
1 year
Writing about DAOs Participating in DAOs
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@eek637
Erin Koen
2 years
@adamscochran @getty_hill ugh i hate to be this guy but @enzymefinance solves this in three transactions: - create vault with specific permissions (1) - delegate trading from that vault to an address that must adhere to those permissions (2) - deposit to vault from treasury, receive vault shares (3)
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@eek637
Erin Koen
5 months
Is email useful?
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@eek637
Erin Koen
2 years
I'm extremely optimistic about the future of Uniswap and not because of the fee switch in particular (though I think that it can be used as a lever for growth).
@avantgardefi
Avantgarde ๐Ÿฆ
2 years
Avantgarde maintains an active governance presence across DeFi, and we're honoured to be delegates to a couple of marquee protocols including @Uniswap ๐Ÿฆ„ (1/4)
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@eek637
Erin Koen
10 months
Wen @brexHQ / @Uber integration
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@eek637
Erin Koen
1 year
I spent 90 minutes earlier today with @ccapiary and @keighstone debriefing on our first Blessing.
@devinawalsh
Devin Walsh
1 year
Today the UF hosted its first every #Blessing *, an intimate gathering of governance delegates & contributors. I gave a talk about our vision for Uniswap and our part in it. I'm sharing some of it below. *a blessing is the technical term for a group of unicorns ๐Ÿฆ„
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@eek637
Erin Koen
2 years
๐Ÿ‘€๐Ÿ‘€ love to see @labsGFX propose an ambitious full stack solution and not have to fight a forum full of anons to get it funded. @UniswapFND starting off strong to quite strong.
@UniswapFND
Uniswap Foundation
2 years
๐Ÿฆ„ We are thrilled to announce the first wave of grants awarded by the Uniswap Foundation
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@eek637
Erin Koen
1 year
Lots of very cool grants in this wave but particularly excited for this one - i've been in @CoinTracker 's DMs the last week or so trying to figure out how this works. I worked with @cryptio_co on @enzymefinance whilst @avantgardefi and they are the real deal.
@UniswapFND
Uniswap Foundation
1 year
Grant 5: @cryptio_co Cryptio will create a tool to support Uniswap LPs in preparing Tax reporting.
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@eek637
Erin Koen
7 months
Finally, we believe that there will be a higher churn rate, with votes shuffling between delegates more often. Delegates who want votes should be more likely to be able to get them, if they find a way to differentiate.
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@eek637
Erin Koen
4 years
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@eek637
Erin Koen
8 months
Awesome to see the UAGP start allocating ARB.
@UniArbGrants
(UAGP) Uniswap-Arbitrum Grant Program ๐Ÿ†
8 months
1/ Weโ€™re excited to share that the first cohort of UAGP grant recipients has been selected (pending KYB)! The committee feels strongly that these five companies represent and serve the collective goals of the Uniswap and Arbitrum ecosystems and looks forward to seeing them grow!
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@eek637
Erin Koen
11 months
Love to see this initiative emerge organically. Thanks @StableLab for spearheading it.
@StableLab
StableLab
11 months
gm @Uniswap community ๐Ÿฆ„ Cast your vote for the delegate you believe should be granted extra UNI delegation, encouraging increased participation at Uniswap governance. Qualified Delegates include๐Ÿ‘‡ ๐Ÿ‘พ @wintermute_t ๐Ÿ”‘ @KeyrockTrading ๐Ÿงช StableLab ๐Ÿ‘จโ€๐Ÿ’ป @atiselsts_eth ๐Ÿ”ถ @PGovTeam
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@eek637
Erin Koen
9 months
About to board an overbooked flight to a small town with a lot of fresh snow. Gate agents started off offering $900/seat and a hotel for up to three seats. Up to $1500/seat. How high does it go?
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@eek637
Erin Koen
2 years
Appreciate the opportunity to compete for the @ENS_DAO endowment. Congrats and best wishes to @karpatkey in moving forward.
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@eek637
Erin Koen
8 months
there is no better industry
@0x94305
Alex Nezlobin
8 months
@eek637 @larslien @grntwrght @Bonecondor @PPP_TheOcho8 With Dutch auction jokes, you donโ€™t want to make one right away. You want to let anticipation build up so that the joke is better received. But the risk is that somebody else will make the Dutch auction joke before you. Itโ€™s very difficult to time a Dutch auction joke.
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@eek637
Erin Koen
3 years
@Austen Graduated lambda in 2019 and have been working as a full stack dev for 18 mos. Have never once had to do this in the course of my time as someone who is paid to write code. Did it a LOT prepping to be a person who is paid to write code though.
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@eek637
Erin Koen
1 year
Have you voted on the Linea prop yet? cc: @SenateLabs
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@eek637
Erin Koen
3 years
@CardanoHigh @PolymarketHQ @Cardano you can literally bet on it using polymarket
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@eek637
Erin Koen
1 year
a couple lil RFPs that were born from governance! thanks @fedeebasta for running with these, excited to see the output!
@UniswapFND
Uniswap Foundation
1 year
We're thrilled to announce our next round of Request for Proposals (RFPs)! Explore these incredible new opportunities, and remember to submit your proposals before the deadline on July 1st! โฐ๐Ÿ’ผ We can't wait to work with you!
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@eek637
Erin Koen
2 years
. @SnapshotLabs your UI is hugely misleading about the current state of an in-process ranked choice vote.
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@eek637
Erin Koen
7 months
plugging this for my new followers
@bethanymarz
Bethany Crystal
7 months
P.S. Now might be a good time to mention that i'm also helping the @UniswapFND hire a couple of incredibly cool roles.... ๐Ÿ‘€๐Ÿ‘‡
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@eek637
Erin Koen
4 years
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@eek637
Erin Koen
2 years
I disagree.
@claberus
Marcelo Ruiz de Olano
2 years
DAO lending to real-world companies on @maplefinance in the current state is too riskyโ€”we need to improve our standards. A thread ๐Ÿงต>
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@eek637
Erin Koen
10 months
There is a scam proposal in the uniswap snapshot space with a malicious link in the text. Working to get it taken down. If itโ€™s still up and youโ€™re reading this do not click on any links in the proposal pictured here:
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@eek637
Erin Koen
9 months
Added benefit, I just got to explain Dutch auctions to the lady next to me, think weโ€™ve got a convert @danrobinson
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@eek637
Erin Koen
3 years
Nice job from the @voltz_xyz team here. We'll be voting yes, and the folks from @otherinternet__ and i will follow up in the next couple of weeks with a proposal on how @Uniswap can responsibly use the gov power this grant provides.
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@eek637
Erin Koen
11 months
Logging off for a week starting now plz hold me accountable.
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