# Delegate Thread: Ignas

**URL:** <https://forum.celo.org/t/delegate-thread-ignas/9977>\
**Category:** Delegation\
**Tags:** delegator-threads\
**Created:** [January 17, 2025, 11:51am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977 "2025-01-17T11:51:30Z")\
**Posts on this page:** 20\
**Page:** 1

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [January 17, 2025, 11:51am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/1 "2025-01-17T11:51:30Z")

</div>

**Ignas Delegation**

**1. Basic Intro**

- **Link to Celo Forum Summary:** [Profile - Ignas - Celo Forum](https://forum.celo.org/u/ignas/summary)
- **Link to Delegate Account in Celo Mondo:** [[Celo Mondo | Staking & Governance for Celo](https://mondo.celo.org/delegate/0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0)]
- **Delegate Celo’s address:** ignasdefi.eth | 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0
- **Social Channels:**
  - X (Twitter): [https://x.com/DefiIgnas](https://x.com/DefiIgnas)
  - Telegram: @ignasdefi
  - Website: [https://pinkbrains.io/](https://pinkbrains.io/)

**2. Intro**

I’m Ignas, a solo researcher with the main focus on DeFi. My mission is to provide clear, in-depth insights helping my audiences stay up-to-date with the latest trends while actively supporting DAO development.

I believe in the decentralized future and it means actively participating in Celo DAO in every way I can—whether it’s by serving as a delegate, joining working groups, discussing any proposals or seizing new opportunities that come up. I’ll also be sharing key DAO decisions on X and my blog.

**3. Why I Want to be a Delegate**

Stablecoins finally expand beyond crypto trading into the fintech realm.

And Celo is at a perfect place &time to benefit the most from this revolution.

I want to be a Celo DAO delegate because Celo is truly building the cypherpunk future envisioned by Vitalik ([Make Ethereum Cypherpunk Again](https://vitalik.eth.limo/general/2023/12/28/cypherpunk.html))

As Vitalik said “_we are not here to just create isolated tools and games, but rather build holistically toward a more free and open society and economy, where the different parts - technological, social and economic - fit into each other_.”

At the same time cypherpunk vision of decentralization is tough in practice.

Currently, DeFi DAOs face several internal issues, such as voter apathy leading to governance attacks, insider voting, and voting concentration among a few active voting addresses.

Additionally, they face external challenges like regulatory uncertainty.  
I believe in a decentralized future, even if it seems naive.

However, the current state of crypto is plagued by misaligned incentives that prioritize short-term speculative gains over the core DeFi values of self-sovereignty and custody.

Equally concerning is the trend of McKinsification in DAOs, where decisions are increasingly made by one or two professional consultant delegates.

This discourages individual participation, as their opinions and votes have less impact.

To make DeFi DAOs viable, we must align incentives to encourage active participation in governance from the broader crypto community.

I believe that community must be at the core of every DAO. Without giving the community a say in protocol governance, we’re no better than the Web2 companies we aim to replace—companies that view their “community” merely as users to extract value from.

I will support initiatives that align token holders with the protocol, such as revenue sharing or other methods to bring value to the token. Token holders are frustrated with exploitative tokenomics that only benefit early insiders who acquired tokens at much lower prices, leaving no upside for new investors. Without incentives to buy and hold tokens, the attractiveness and health of DAOs decline.

As mentioned, I will highlight key votes and decisions of the DAO on X and my blog, as I believe the general public is often unaware of important actions being taken.

**4. Past Contributions to Celo**

In my now 7th year in crypto, I’ve followed Celo’s developments and recorded it on my X posts ( example here) [https://x.com/DefiIgnas/status/1559857923312201729](https://x.com/DefiIgnas/status/1559857923312201729)

Late last year, at my DeFi Creator Studio Pink Brains, we collaborated with the Celo team on educational content for X.

To be frank, I’m still relatively new to the Celo ecosystem. This DAO governance proposal is an invitation to collaborate and showcase Celo’s mission and achievements to a broader audience on X, especially since many DAO discussions often remain confined to forums.

**5. Disclosure**

I am the co-founder of Pink Brains, an organization dedicated to promoting various crypto projects through educational content. You can find more info about us here: [pinkbrains | Twitter | Linktree](https://linktr.ee/pinkbrains).

I’m a delegate for Lido, Instadapp, Arbitrum, Aave, Uniswap, Optimism Collective, Zksync, Paraswap… I plan to apply as a delegate to other DAOs soon, with the same mission of strengthening them and aligning token holders with the protocol.

I always make appropriate disclosures and recuse myself from voting when necessary.

**6. Delegation**

If anyone would like to delegate to me, please use the following address: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0

---

<div class="post-metadata">

**Author:** ![0xGoldo](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/0xgoldo/32/7159_2.png) [@0xGoldo](https://forum.celo.org/u/0xGoldo)\
**Post date:** [January 23, 2025, 9:04am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/2 "2025-01-23T09:04:01Z")

</div>

It’s great to see you stepping into Celo governance, Ignas! I’m a big fan, and your experience in DeFi and focus on community-driven decision-making are exactly what this space needs. The effort to make governance more transparent and accessible is refreshing, and I’m excited to see the impact you’ll bring to the Celo ecosystem. Welcome aboard!

---

<div class="post-metadata">

**Author:** ![Wade](https://avatars.discourse-cdn.com/v4/letter/w/9de053/32.png) [@Wade](https://forum.celo.org/u/Wade)\
**Post date:** [January 24, 2025, 8:41pm UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/3 "2025-01-24T20:41:06Z")

</div>

Amazing to have you here Ignas! Looking forward to hearing your thoughtful feedback

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [February 7, 2025, 8:35am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/5 "2025-02-07T08:35:04Z")

</div>

**Date Voted:** February 6, 2025

**1. Proposal:** [Adding oracles to support cGHS](https://mondo.celo.org/governance/cgp-159) (On-chain)

- **Vote:** Yes
- **Rationale:** This is a necessary technical update to improve CELO’s stability and liquidity in new markets. There’s no reason to block it. Voted yes.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [February 18, 2025, 7:58am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/6 "2025-02-18T07:58:34Z")

</div>

**2. Proposal** [: CeloPG Season 0](https://mondo.celo.org/governance/cgp-161) (On-chain)

- **Date Voted:** February 11, 2025
- **Vote:** Yes
- **Rationale:** Voted yes! Celo can have the potential to make a lasting impact on both the Celo community and the Web3 space, while driving the growth of the regenerative digital economy.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [February 18, 2025, 8:00am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/7 "2025-02-18T08:00:33Z")

</div>

**3. Proposal:** [Celo Regional Council](https://mondo.celo.org/governance/cgp-160) (Onchain)

- **Date Voted:** February 13, 2025
- **Vote** : Yes
- **Rationale:** Voted in favor since it will help keep Regional DAOs running and builds a stronger governance system.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [February 18, 2025, 8:03am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/8 "2025-02-18T08:03:58Z")

</div>

**Date Voted:** February 15, 2025

**4. Proposal:** [Launch of the cGHS Stablecoin](https://mondo.celo.org/governance/cgp-163) (Onchain)

- **Vote:** Yes
- **Rationale:** Launching $cGHS can help expand the DeFi ecosystem across Africa and build a stronger community of user. Voted yes of course 🙂

**5. Proposal:** [Enabling MENTO Governance](https://mondo.celo.org/governance/cgp-156) (Onchain)

- **Vote:** Yes
- **Rationale:** This proposal not only reduces the governance burden for Celo but also opens up a great opportunity for the community to get more involved in Mento’s growth.

**6. Proposal:** [Increase minimum gas threshold to 25000000000 gwei](https://mondo.celo.org/governance/cgp-145) (Onchain)

- **Vote:** Yes
- **Rationale:** Increasing the minimum gas fee (1 cent) can help keep the ecosystem sustainable while still keeping transaction costs low for users. I voted yes :).

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [February 20, 2025, 3:24am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/9 "2025-02-20T03:24:00Z")

</div>

**Date Voted:** February 19, 2025

**7. Proposal:** [Celo Communities Guild Proposal 2025 H1 Budget](https://mondo.celo.org/governance/cgp-165) (Onchain)

- **Vote:** Yes
- **Rationale:** Voted yes, the budget makes sense. This will help Celo build a stronger and healthier community

**8. Proposal:** [Stabila Funding Request Aave Liquidity & Incentives](https://mondo.celo.org/governance/cgp-162) (Onchain)

- **Vote:** Yes
- **Rationale** : Bringing Aave to Celo means more liquidity, more users, and more activity. Easy yes from me!

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [February 25, 2025, 11:09am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/10 "2025-02-25T11:09:26Z")

</div>

**9. Proposal:** [The Great Celo Halvening Temperature check](https://mondo.celo.org/governance/cgp-164) (Onchain)

- **Date Voted:** February 24, 2025

- **Vote:** Yes

- **Rationale:** Reducing staking rewards helps balance new token issuance and prevent dilution.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [March 3, 2025, 7:20am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/11 "2025-03-03T07:20:48Z")

</div>

**10. Proposal:** [Add CeloToken and LockedCelo to the registry](https://mondo.celo.org/governance/cgp-155) (Onchain)

- **Date Voted:** February 27, 2025

- **Vote:** Yes

- **Rationale:** Simple decision, voted yes.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [March 13, 2025, 7:46am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/12 "2025-03-13T07:46:03Z")

</div>

**Date Voted:** March 5, 2025

**11. Proposal:** [Budget Request: Prezenti Grant funding: Season 0](https://mondo.celo.org/governance/cgp-168) (Onchain)

- **Vote:** Yes
- **Rationale:** This grant is essential for attracting builders and making Celo a strong L2 choice. Voted yes!

**12. Proposal:** [Celo Communities Guild Proposal 2025 H1 Budget](https://mondo.celo.org/governance/cgp-165) (Onchain)

- **Vote:** Yes
- **Rationale:** Voted yes, the budget makes sense. This will help Celo build a stronger and healthier community

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [March 17, 2025, 11:23am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/13 "2025-03-17T11:23:06Z")

</div>

**13. Proposal:** [Contracts Release 12](https://mondo.celo.org/governance/cgp-166) (Onchain)

- **Date Voted:** March 14, 2025
- **Vote:** Yes
- **Rationale:** This is an important update for Celo, preparing for its transition to a Layer 2 network on the Optimism Stack. Voted yes.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [March 19, 2025, 9:55am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/14 "2025-03-19T09:55:57Z")

</div>

**Date Voted:** March 17, 2025

**14. Proposal:** [Set Parameters for L2 transition](https://mondo.celo.org/governance/cgp-167) (Onchain)

- **Vote:** Yes
- **Rationale:** Voted yes. These parameters are necessary and an important preparation step to ensure that the Celo ecosystem continues to function smoothly after the transition to Layer 2.

**15. Proposal:** [Authorize 2nd half of Minipay Strategic Grant](https://mondo.celo.org/governance/cgp-170) (Onchain)

- Vote: Yes

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [March 25, 2025, 8:44am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/15 "2025-03-25T08:44:09Z")

</div>

**Date Voted:** March 19, 2025

**16. Proposal:** [Supply Liquidity to Aave via Mento Reserve](https://mondo.celo.org/governance/cgp-173) (Onchain)

- **Vote:** Yes
- **Rationale:** Providing liquidity can help the Aave ecosystem on Celo grow stronger. Voted yes!

**17. Proposal:** [Celo L2’s Security Council](https://mondo.celo.org/governance/cgp-171) (Onchain)

- **Vote:** Yes

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [April 3, 2025, 8:34am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/16 "2025-04-03T08:34:56Z")

</div>

**Date Voted:** April 2, 2025

**18. Proposal:** [cGHS Name Update](https://mondo.celo.org/governance/cgp-174) (Onchain)

- **Vote:** Yes

**19. Proposal:** [Introducing Celo Core Contracts Hotfix Security Council](https://mondo.celo.org/governance/cgp-175) (Onchain)

- **Vote:** Yes
- **Rationale:** This is an important step in improving Celo’s governance mechanism to respond faster and more securely in emergency situations. Voted yes.

**20. Proposal:** [Adding oracles to support GBP, AUD, CAD, CHF, ZAR stablecoins](https://mondo.celo.org/governance/cgp-177) (Onchain)

- **Vote:** Yes
- **Rationale:** This is an important step in expanding Mento’s ecosystem and providing more stablecoins for users on the Celo network. I voted yes.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [April 8, 2025, 7:26am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/17 "2025-04-08T07:26:40Z")

</div>

**21. Proposal:** [Launch of the cGBP, cAUD, cZAR & cCAD Stablecoins](https://mondo.celo.org/governance/cgp-178) (Onchain)

- **Date Voted:** April 7, 2025

- **Vote:** Yes

- **Rationale:** I’m all for the launch of cGBP, cAUD, cZAR & cCAD. It will make Celo more accessible to users in different regions, not just those using USD.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [April 15, 2025, 8:20am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/18 "2025-04-15T08:20:41Z")

</div>

**22. Proposal** : [Celo Camp 2025 Season 0-1 Proposal](https://mondo.celo.org/governance/cgp-176) (Onchain)

- **Date Voted:** April 14, 2025

- **Vote:** Yes

- **Rationale:** I agree the budget does seem large, but without giving it a shot, we won’t get the valuable lessons needed to move forward. I voted yes.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [April 28, 2025, 11:15am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/19 "2025-04-28T11:15:07Z")

</div>

**Date Voted:** April 24, 2025

**23. Proposal:** [Restore Remaining CELO Spend Allowance to Stabila Multisig](https://mondo.celo.org/governance/cgp-179) (Onchain)

- **Vote:** Yes

- **Rationale:** This proposal simply restores the unused CELO allowance from CGP132 that was unintentionally overwritten. No additional funds are being requested.

**24. Proposal:** [Adding oracles to support JPY and NGN stablecoins](https://mondo.celo.org/governance/cgp-180) (Onchain)

- **Vote:** Yes

- **Rationale:** I support this proposal.

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [May 6, 2025, 8:55am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/20 "2025-05-06T08:55:17Z")

</div>

**Date Voted:** May 5, 2025

**24. Proposal:** [Celo Camp 2025 Season 0-1 Proposal](https://mondo.celo.org/governance/cgp-176) (Onchain)

- **Vote:** Yes

- **Rationale:** Celo Camp has proven impact and aligns well with ecosystem priorities. The proposal focuses on quality over quantity, clear KPIs, and on-chain outcomes. Strong execution record and transparent budget.

**25. Proposal:** [Launch of the cCHF, cNGN & cJPY Stablecoins](https://mondo.celo.org/governance/cgp-182) (Onchain)

- Vote: Yes

---

<div class="post-metadata">

**Author:** ![Ignas](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.celo.org/ignas/32/10120_2.png) [@Ignas](https://forum.celo.org/u/Ignas)\
**Post date:** [May 13, 2025, 5:54am UTC](https://forum.celo.org/t/delegate-thread-ignas/9977/21 "2025-05-13T05:54:11Z")

</div>

**26. Proposal:** [Extension of Score Management Committee and Additional Funding](https://mondo.celo.org/governance/cgp-181) (Onchain)

- **Date Voted:** May 12, 2025
- **Vote:** For
- **Rationale:** Support this proposal. It’s important to retroactively align governance with the operational reality of the expanded Score Management Committee.

[Next page](https://forum.celo.org/t/delegate-thread-ignas/9977.md?page=2)
