NEAR MAXİ - Delegate Proposal

Ecosystem Governance
1

Delegate Application for House of Stake

  • NEAR Protocol

    • Delegate Name: NEAR_MAXİ

    1. Delegate Information

  • Delegation Address: 1000xis.near
  • Forum Username: NEAR_MAXi
  • Twitter Username: WinningWealthWisdom

    • 2. Target Voting Participation

    I commit to maintaining an active participation rate of at least 90% in governance proposals and discussions within the NEAR ecosystem.

    3. History of Interactions with NEAR Protocol

    I have been actively involved in the NEAR ecosystem since 2019, contributing in the following ways:

  • Early Financial Backer: Invested early in NEAR and significantly increased my holdings over time.
  • Community Engagement: Active participant on X and Telegram over the past 3-4 years.
  • DeFi & Staking Participation: Providing liquidity and staking on NEAR and Aurora for 3-4 years, including being a major liquidity provider for NEAR meme tokens.

    • 4. History of Governance Participation (NEAR & Other Ecosystems)

    I have voted in XRefs on Ref Finance (Meme Season) but am relatively new to ecosystem-wide governance participation. However, my experience in governance from nearly two decades in traditional finance brings a fresh, informed perspective.

    5. Top 3 Priorities for the NEAR Ecosystem

    While NEAR has always been strong in technology and developer friendliness, my focus will be on addressing areas where NEAR has historically been weak:

    1. Enhancing Liquidity: NEAR has historically lacked liquidity compared to Ethereum and Solana. I will advocate for incentives that attract more liquidity providers and institutional capital.
    2. Transforming NEAR’s Marketing Strategy: NEAR has a strong product but has struggled with visibility. I will push for improved marketing to developers and users to increase adoption.
    3. Fostering Founder Success: Supporting founders and builders within the ecosystem by ensuring adequate funding, guidance, and infrastructure for their projects to thrive.

    6. Reasoning for Any Past Votes in the NEAR Ecosystem

    Not applicable (limited prior governance participation).

    7. Conflicts of Interest

    As a major liquidity provider, I may have indirect conflicts of interest when it comes to governance decisions involving LP incentives. I commit to full transparency in disclosing any potential conflicts that may arise in the future.

    8. Hypothetical Delegate Scenario Response

    Scenario: The NEAR ecosystem is evaluating three proposals to stimulate on-chain activity:

    1. Incentivizing DeFi Protocol Users
    2. Marketing NEAR to Developers and Users
    3. Protocol-Owned Liquidity (POL) Position in Major DeFi Protocols

    Additional Information Needed:

  • Expected ROI for each proposal based on historical data and projected adoption.
  • Effectiveness of similar initiatives in other blockchain ecosystems, including case studies and key learnings.
  • Community sentiment and feedback from past incentive programs.
  • Sustainability and long-term benefits of each approach, ensuring minimal dependency on continued incentives.

    • Key Metrics to Evaluate:

  • Protocol Fee Generation & Sustainability: Evaluating how each proposal contributes to the generation of sustainable revenue streams for the protocol.
  • User Growth & Retention: Gauging how each proposal contributes to sustained ecosystem participation.
  • TVL (Total Value Locked) Growth in DeFi: While important, TVL should be considered a secondary metric relative to actual fee generation and economic sustainability.
  • Cost-Effectiveness of Marketing Efforts: Analyzing the return on investment for user acquisition campaigns.
  • Long-Term Impact on NEAR’s Ecosystem Growth: Assessing how each initiative contributes to the ecosystem’s self-sufficiency.

    • Voting Decision:
    With my traditional finance background, I have seen similar business case studies before and understand the importance of structuring incentives for sustainable growth and fostering founder success within the ecosystem. I would advocate for a strategic allocation of resources to ensure sustainable growth rather than short-term speculative activity.

    In a vacuum, my priorities for these proposals would be as follows:

    1. Marketing NEAR to Developers and Users – This is the highest priority as it directly impacts long-term adoption, developer engagement, and awareness of NEAR’s capabilities.
    2. Incentivizing DeFi Users – Important but should be structured to ensure sustainable protocol fee generation rather than just focusing on TVL growth.
    3. Protocol-Owned Liquidity (POL) – Has potential but must be carefully designed to avoid capital inefficiencies and should be evaluated based on risk-adjusted returns.

    My decision would be data-driven, prioritizing initiatives that deliver real adoption, meaningful engagement, and lasting impact, while ensuring responsible treasury management.

    9. Motivation for Becoming a NEAR Delegate

    I saw how NDC didn’t work, and I can’t take it anymore—I want to be more active in steering the ecosystem. My motivation is to contribute to NEAR’s governance, ensuring that its technological strength is complemented by increased liquidity and founder success. My nearly two decades of experience in traditional finance combined with my being crypto native now for many years will allow me to help shape a thriving NEAR ecosystem.

    10. Anticipated Delegation Support

    For any NEAR holdings not actively used in DeFi (such as if veNEAR becomes accepted as collateral on Burrow), I plan to self-delegate my non-Defi NEAR as veNEAR while also working to rally other financial ecosystem backers and active community members to delegate their veNEARs with me where possible.

    Self-Assessment Criteria

    A. Experience (2/2)
    Notes: Extensive DeFi & liquidity provider experience, coupled with a strong traditional finance background.

    B. Diversity of Perspective (2/2)
    Notes: My insights come from a mix of international finance and DeFi engagement, offering a unique independent outlook.

    C. Alignment with NEAR Ecosystem (2/2)
    Notes: The majority of my assets are in NEAR and ecosystem tokens. I have been a holder since pre-mainnet.

    D. Governance Engagement (1/2)
    Notes: Limited past participation in crypto governance, but significant experience in governance from senior roles in traditional finance.

    E. Conflicts of Interest (1/2)
    Notes: I am a major liquidity provider and would benefit from LP incentives. I commit to transparency in disclosing any potential conflicts.

    Delegate Code of Conduct Agreement

    I fully acknowledge and accept the Delegate Code of Conduct, committing to:

  • Professional & Transparent Engagement in NEAR’s governance.
  • Integrity in all voting decisions, avoiding conflicts of interest.
  • Active Participation, voting on at least 80% of proposals.
  • Posting Voting Rationales on the NEAR governance forum.
  • Upholding Accountability in all governance activities.

    • Next Steps

    I look forward to engaging with the NEAR community, contributing my expertise, and driving meaningful participation in NEAR’s House of Stake governance.

    Thank you for your consideration!

    6 Likes
    2

    Mainnet was launch in 2020, testnet was fews months before

    6 Likes
    3

    Hello welcome, thanks for your first post. Good luck :crossed_fingers:

    2 Likes