StableLab <> Livepeer Community Update (Oct - Nov 2024)
Hello Livepeer Community!
Over the past two months of engaging with Livepeer as GovWorks Chair, we’ve been building a more streamlined and transparent governance framework for Livepeer, while refining processes for onchain treasury allocations. Here’s an update on our progress and a look at what’s ahead.
Recent Progress
- Governance Wiki and Hub Completed: We’ve finalized the Livepeer Governance Hub, designed to be a central hub for the Livepeer contributor community. We’ve gathered valuable feedback from Orchestrators, which has already helped us refine the content and improve accessibility to ready the new GovHub for a public launch. The hub consists of a detailed overview of governance processes, tools for contributors, and intuitive dashboards for treasury funding transparency.
- Governance Process Structured: The governance framework is taking shape with a new Request-for-SPEs process and SPE Proposal template now in place. This provides a more standardized approach to submitting and evaluating SPE ideas and proposals with greater clarity for all involved.
- SPE Evaluation Criteria: We’ve created a set of evaluation criteria for SPE success and are working on implementing accountability measures to ensure projects stay aligned with Livepeer’s goals.
- Community Engagement: We’ve engaged actively with the ecosystem, joining Water Cooler and Treasury Calls to engage in conversations and catch up on context. We will soon start hosting Treasury Talks to deepen community engagement and ensure transparency in GovWorks operations.
- SPE Formation Support: We are already in contact with various teams who are looking to lead the formation and management of new SPEs and are guiding them through the process from start to finish
Governance Activity
Recent proposals:
The Education & Experience (E²) SPE, proposed by ORIGIN STØRIES, requests 4000 LPT and aims to leverage Livepeer AI technology to improve education, real-world use cases, and community engagement while increasing network demand and brand visibility. The six-month pilot initiative focuses on AI literacy, public experiences, and technical advancements, delivering educational content, immersive events, and creative workflows tailored for the Livepeer ecosystem.
Participation statistics:
Despite constructive criticism from community members, the proposal received overwhelming support during the voting stage, with 85.9% of votes in favor and a 68.3% participation rate, highlighting strong community alignment with this SPE.
Next Steps:
We will work with the proposer to align milestones, timelines, and expected deliverables with GovWorks. We’ll also establish a regular reporting cadence to track progress and ensure everything stays on track.
Upcoming Events
Treasury Talk - EOY Wrap-Up
Wednesday, December 11th, 2024 @ 3PM UTC
RSVP
Discord
Our final Treasury Talk for the year will focus on wrapping up the progress of SPEs, reviewing new governance processes, and setting the stage for next year. Here’s a high-level agenda for the session:
- SPE Presentations: Hear directly from new and existing SPEs as they share upcoming proposals and highlights from their 2024 initiatives.
- Introduction of GovWorks Resources: Discover the newly developed tools for SPEs, including the GovHub and its key components.
Action Items
- New/Prospective SPEs
- If you’re planning a new SPE or considering submitting one, please prepare a brief overview of your proposal (1 page or slide) to present during the call.
- Be ready to discuss your idea and address questions from the community.
- Submit your presentation directly to GovWorks at least 1 day before the Treasury Talk to ensure it’s included in the agenda.
- Current SPEs
- All active SPEs (e.g., AI SPE, Cloud SPE, LLM SPE, Realtime Interactive Video SPE) should post their wrap-up reports in a dedicated forum thread prior to the call.
- Use this example as a reference.
- Live presentations are not required, but you should be prepared to answer questions from the community during the call.
Thank you for your continued engagement and support as we work together to build a more engaged and aligned Livepeer ecosystem. We look forward to seeing you at the EOY Wrap-Up Treasury Talk!
