Key Info
- Delegate Address: aretagov.eth
- Twitter: areta_io
- Website: https://www.areta.io/
- Lead Delegates: Bernard Schmid and Siddharth Shah
- Telegram: bmitte and explorandoahora
Please delegate to us on: 0x8b37a5Af68D315cf5A64097D96621F64b5502a22
Introduction
Areta Governance specializes in helping foundations and DAOs establish and grow decentralized governance structures. We develop tailored solutions in governance inception and optimization, ecosystem growth, and service provider selection. Our connected investment bank with deep strategic expertise, enables us to serve our partners holistically, rather than working in isolated governance silos.
We have had the privilege to work for some of the leading companies and DAOs in the crypto space. Examples of our work include leading the first cross-ecosystem growth initiative for Uniswap and Arbitrum, creating a streamlined approach for the procurement of service providers for the Arbitrum DAO, the first acquisition of Coingecko, or the sale of Solscan to Etherscan.
Having collaborated with industry leaders, Areta’s governance team offer a range of specialized services designed to support protocols and institutions in achieving their strategic goals, including:
- Governance Inception: Set up key governance elements and structure, and build out tailored functions depending on ecosystem needs.
- Governance Optimization: Set up, diagnose, and enhance processes, and procure service providers.
- Ecosystem Growth: Create grant and contributor programs with reporting and tracking, and access strategic, institutional, and investor networks for growth.
- DAO-Native Transactions: Provide DAO investment banking, M&A, and wind-down services, and facilitate institutional token launches.
- Professional Delegation: Offer professional voting and governance services, and create institutional-grade reporting material.
As DAOs emerge from their infancy, their structures have proven powerful tools for enabling decentralisation and autonomy. However, they often encounter challenges in maintaining the organisation, highlighted by governance issues such as contributor onboarding and delegate overload. This scenario has highlighted areas where DAOs can improve in establishing structured processes for better collaboration and are open to further strengthening against inefficiencies.
Recognising the need for evolution, we focus on excellent DAO participation with robust, defensible analysis of proposals through a structured voting process while simultaneously applying our deep institutional knowledge and strategic governance expertise to offer proactive DAO governance solutions aimed at nurturing the ecosystem for the long term.
Our Experience
At Areta, we are eager and equipped to tackle the most difficult challenges in governance, even when those issues are multifaceted. Our key task with Areta is to set-up and steer these strategic governance systems to enable the members of the DAO to work towards commonly aligned goals, so that ecosystems can grow organically.
Select Experiences
- Uniswap-Arbitrum Grant Program: Launch of Cross-Ecosystem Growth Initiative for Uniswap and Arbitrum.
- Contributor Efficiency System: Development of Safe DAO Contributor Efficiency System.
- Services Procurement Framework: Management of Service Provider Selection and RFPs for Arbitrum.
- Aave Delegate: Incentivized Delegates for the Aave DAO.
- Operations Trustee: Trustee to dYdX’s Operations Trust.
Delegate Statement (why you should delegate to us)
First and foremost, Areta’s key tenets as delegates are as follows:
- We will aim for 100% voting participation - we are deeply invested in the ecosystem and our goal is to meaningfully support its direction via thoughtful, educated governance decisions.
- We always commit to voting independently and impartially.
- We will open source our rationale through frequent updates to this thread, which will act to anchor our thinking and make ourselves accountable to the wider Etherfi community.
We will achieve these tenets through our four unique sources of value:
Structured & Streamlined Voting Process
- Our team lead adds new proposals to a shared tracker and assigns each incoming proposal to a specific member of the team.
- For each proposal, we prepare a standard memo summarising the key issues, the black and white hat case (pros and cons), and a recommended decision with accompanying rationale.
- Each proposal is then peer reviewed by another team member.
- For complex proposals that require more discussion, we involve more members of the team as necessary to form a joint opinion.
- We then publish our voting rationale externally on our public forum.
We always try to base our votes on sound, defensible rationale so that we are internally consistent and our voting track record stands up to external critique.
Ecosystem Growth and Expansion to Institutions
Leveraging the Areta network to promote and foster flourishing ecosystems across DAOs. Bringing unprecedented ties to a deep traditional network of corporates, strategics, and investors.
Governance Optimisation
Utilising our expertise to diagnose, analyse, correct, and enhance the effectiveness of DAO governance, ensuring streamlined operations and decision-making, while building up accountability structures.
Conclusion
In our role as delegates, we are committed to investing our time and resources to foster the development and growth of Etherfi. We will lean into our global network, business insights, and entrepreneurial mindset to generate value for Etherfi token holders, and in doing so, look to influence the evolution of business in Web3.
Conflicts of Interest
Areta currently does not have any material conflicts of interest. We agree to keep the Etherfi community updated should any conflicts of interest arise.
Waiver of Liability
By delegating to Areta, you acknowledge and agree that Areta will participate on a best efforts basis and will not be liable for any form of damages related to participation in Etherfi or this DAO.
