Optimistic Governance

Optimistic Governance lets a small group of decision-makers propose changes, subject to a veto from the larger DAO. This accelerates operational efficiency by automating routine decisions while maintaining appropriate oversight.

It's best to build Optimistic Governance on battle-tested governance contracts like Governor and Timelock. These modular contracts plug into a rich ecosystem of DAO apps and tools like Tally.

If you would like to work with Tally to set up Optimistic Governance for your DAO, email [e-mail] to chat with our team!

Implementation

To implement Optimistic Governance, combine battle-tested governance contracts:

• One Council NFT contract that determines membership in the Optimistic Council.

• One ERC20 contract that determines voting power for vetoes.

• Two Governor contracts, the Optimistic Governor and the Veto Governor.

• One Timelock contract that holds the DAO assets and/or protocol.

Modifications from standard OZ Governor setup

• Both Governors implement "Super Quorum." Once a majority votes in favor, the voting ends. The Governor can send the proposal or veto to the timelock immediately
• The Optimistic Governor has PROPOSER_ROLE role on the Timelock

• The Veto Governor hasCANCELLER_ROLE role on the Timelock. The veto Governor's voting period must be shorter than the timelock delay, so that it can cancel proposals in time

• Tally's frontend will need to connect the Veto Governor to the Optimistic Governor, so let us know at [e-mail] if you are interested in an Optimistic setup.