Tané: Introduction as Delegate

Governance Delegates
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tane
tane480×480 7.85 KB

Name / Alias:

Tané

Wallet Address:

tanegov.eth / 0xB79294D00848a3A4C00c22D9367F19B4280689D7

Snapshot profile:

Tané’s Snapshot profile

Channels:

Twitter: x.com
Website: https://tanelabs.com
Discord: tksohishi
Telegram: takeshi55555

Short Pitch (TL;DR):

Tané is formed with a group of crypto-native product builders, based in Tokyo, Dubai and New York. We are backed by SoftBank, and Japanese tech giants like DeNA, GREE, MIXI.

Our investment arm has invested in and supported various innovating projects that contribute to the decentralized society enabled by the new blockchain technology. Our network operation entity started directly contributing to the ecosystem by being node operators for the core infrastructures and protocols that make Web3 move forward and contributors to the DAOs that manage them. We have been active as delegates in Arbitrum, Optimism, Lido and more.

Takeshi, Head of Network Operations, who worked for Twitter as a senior software engineer and for SmartNews, a Japanese unicorn startup that provides a news aggregation mobile app with 30M MAU as a product manager, is the main representative of the account.

Expertise and Experience:

Experienced professional delegate

We have been active in the DAO governance of Arbitrum, Optimism, Lido, Morpho, and many more.
Especially in Optimism, we were a part of Optimism Grants Council, which played crucial role in delivering their grants program.
With this experience, we can contribute to Morpho DAO in optimizing governance process, enhancing decentralization, and last but not least, organizing grant program.

Tech-savvy delegate

Our unique experience and expertises in the tech industries as product builders (entrepreneurs, software engineers, and product managers) should be able to contribute to critical feedback and comments on technical upgrades and issues to be discussed and implemented by collaborating with CoW contributors and external parties.

Japan representative

There are many users and traders using crypto products in Japan, but there are no prominent delegates who actively participate in and contribute to DAO governance from Japan yet. We are aiming to be the one who represents the Japanese users and token holders by being active in the governance, leveraging the partnership with Japanese enterprises and making meaningful impacts on the protocols and the ecosystem.

Motivation:

We believe we can contribute to the CoW DAO in unique and meaningful ways with our uniqueness above, and assist CoW DAO in fulfilling its mission to provide secure and user-friendly digital asset trading while mitigating MEV risks.

Conflict of Interest:

Our investment arm, as a separate entity, has invested in a number of crypto startups but as of the time of writing this profile, we don’t believe there are clear COIs in terms of contributing to CoW DAO. We are also active in the other DAOs, Arbitrum, Optimism (S6 Grants Council member), Uniswap, Lido, and more in the future.

We will update our voting activities and the rationales behind them in this thread. Please reach out to us anytime when you have any opinions/comments/feedback.

You can also check out our voting activities related to CoW from our internal tracker.

CoW Tokens Allocated for Voting:

Self-delegated 10,000 COW token.

Waiver of Liability

By delegating to Tané, you acknowledge and agree that Tané will participate on a best-efforts basis and will not be liable for any damages related to participation in CoW DAO or its products.

2 Likes
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CIP-52: EBBO (fairness) specifications, reimbursement procedures and escalation mechanisms (Snapshot)

Summary:

The proposal seeks to clarify EBBO (Ethereum’s Best Bid and Offer) violation criteria, define mechanisms for reimbursement and escalation, and ensure better enforcement of this social consensus rules for user protection.

Vote: For

Rationale:

Clear guidelines ensures solvers conduct transactions appropriately, protecting user interests, the protocol and this DAO. This will be safeguards for potential damages in exceptional cases.

CIP-53: Delegation Program Initiation (Snapshot)

Summary:

This proposal introduces permissionless delegation via Snapshot and defines Recognized Delegates vetted by the GrantsDAO committee to enhance governance and promote community alignment.

Vote: For

Rationale:

Protocol governance requires expertise, making it challenging to delegate responsibilities entirely to the community. Establishing roles like recognized delegates effectively involves experts and trusted participants, strengthening the governance system.

CIP-54: Dissolve Project Blanc bonding pool (Snapshot)

Summary:

To conclude its operations, Project Blanc has proposed a systematic approach including unvouching solver addresses and finalizing the dissolution of its bonding pool.

Vote: For

Rationale:

While it is unfortunate for CoW DAO that the solver operations will cease, even if only temporarily, this situation is unavoidable and should be addressed appropriately. The necessary steps outlined by @harisang have been properly followed prior to moving to the CIP phase, and we see no grounds for objection.

CIP-55: Slashing of the GlueX Protocol solver and the CoW DAO bonding pool (Snapshot)

Summary:

The proposes slashing GlueX solver’s bond as a procedural step after reimbursing $76,783 lost in an exploit.

Vote: For

Rationale:

The bonding pool has been reimbursed, the root cause of the bug addressed, and the final procedures after the incident seem ready to be concluded.
That said, we believe it is essential to establish more robust preventive measures against this kind of incident as shared here.

1 Like
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CIP-56: CoW DAO Snapshot settings updates (Snapshot)

Summary:

This proposal suggests changes to CoW DAO’s Snapshot settings, including updating to version 3 of the oSnap plugin, extending the execution delay period to three days, and revising the governance template to improve transaction transparency.

Vote: For

Rationale:

Having transaction simulations available at the time of Snapshot submission, which can be verified, contributes to enhanced governance security. The other proposed changes also appear to be generally reasonable.

CIP-57: Solver rewards on all chains (Snapshot)

Summary:

It is proposed to extend the existing mainnet solver rewards program to Gnosis Chain and Arbitrum, maintaining the same mechanism but introducing chain-dependent caps.

Vote: For

Rationale:

Maintaining a high level of solver competition is essential to preserving CoW’s competitive edge. With the right incentives, the protocol can continue providing optimal services to its users.

1 Like
4

CIP-58: Funding for development services - Service Agreement No 4 (Snapshot)

Summary:

This proposal seeks to allocate $5.1M to Nomev Labs to execute CoW DAO’s 2025 strategy. The plan includes scaling CoW Protocol across networks, optimizing MEV Blocker, enhancing product functionalities, and supporting governance initiatives, forming part of a $7.6M total budget for the year.

Vote: For

Rationale:

The decision to pursue various forms of expansion next year is highly reasonable, given the current state of the products and their position in the market. Considering this, the proposed budget size is also appropriate, and budget management has been handled properly.

CIP-59: Funding for Marketing & Business Development Services - Service Agreement (Snapshot)

Summary:

This proposes a contract with Defou S.A. for marketing and business development services from January 1 to December 31, 2025, with a monthly budget of 20,000 USDC.

Vote: For

Rationale:

As highlighted in CIP-58, expansion remains a critical theme. This proposal constitutes a core component of that strategy.
We found no significant objections or concerns to address in this proposal.

CIP-60: Migrating The Gnosis Bonding Pool (Snapshot)

Summary:

The proposal suggests dissolving the existing Gnosis DAO Bonding Pool and transitioning to a newly created one that ensures compatibility across all chains where CoW Protocol operates.

Vote: For

Rationale:

Preparation for CoW protocol’s expansion to other chains in the coming years is essential. While it would have been ideal to maintain the same address without changes, given the technical constraints, this proposal represents a necessary and practical step forward.

1 Like
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CIP-61: price-improvement-share, Revenue-share and Fees on CoW Protocol (Snapshot)

Summary:

This proposal finalizes CoW Protocol’s revenue model by making price-improvement-sharing its core strategy, while maintaining flexibility to experiment with additional fee or price-improvement-share approaches. It aims to generate sustainable revenue for CoW DAO and integrates partner fee options to further expand monetization avenues.

Vote: For

Rationale:

CoW Protocol has already shown steady growth and needs a sustainable revenue structure. We believe that balancing user benefits with the protocol’s financial health is the right move for fostering ongoing innovation and resilience.

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CIP-62: Core Treasury team mandate and funding (Snapshot)

Summary:

This CIP proposes allocating 80 million COW tokens to the Core Treasury team so they can fund liquidity provisioning, economic opportunities, and key development over the next four years. It aims to strengthen CoW DAO’s long-term prospects by consolidating multiple mandates and ensuring sufficient resources for continued innovation.

Vote: For

Rationale:

Properly pursuing investment returns is essential for CoW DAO’s long-term sustainability, and allocating these resources to the Core Treasury team aligns with that objective. We trust karpatkey’s proven track record to responsibly manage the treasury and drive meaningful value back to the DAO.

CIP-63: Renewing the CoW Grants Program (Snapshot)

Summary:

This CIP proposes extending the CoW Grants Program with enhanced financial planning and governance mechanisms. It introduces new funding allocations and discretionary bonuses while ensuring that ongoing grants are honored, fostering sustainable ecosystem development.

Vote: For

Rationale:

We voted in favor of this proposal as we agree with the direction of establishing a structured framework to support grant delivery and ensuring appropriate compensation for those efforts. However, we believe there are significant areas for improvement in the reward structure and role distribution, as we outlined in our comment. Given our experience in grant operations at Tané, we are eager to actively contribute to this area, including potential participation in the committee.