About Us
Boardroom is a team of DAO governance professionals with expertise in creating tools, data solutions, and analysis for decentralized organizations. With experience in supporting the governance of over 350 DAOs and protocols, our focus is on fostering governance structures that are efficient, transparent, and inclusive. Our team brings a comprehensive understanding of governance needs across diverse sectors, including DeFi, staking, L2 scaling, and decentralized applications. By leveraging our deep familiarity with governance dynamics, we aim to provide Morpho with strategic guidance and data-driven insights that enable sound decision-making.
Motivation
Morpho’s innovative approach to lending presents unique governance opportunities, and we are excited to bring our experience to support this protocol’s development. We believe that Morpho can lead the way in redefining lending markets, and we aim to contribute by offering structured input on matters like incentive alignment, protocol upgrades, and community engagement. Our team’s experience in governance across other DeFi protocols equips us to approach Morpho’s goals with a clear focus on balancing innovation with stability and growth.
Core Values
Commitment to Transparency: We emphasize open communication and will provide the Morpho community with clear updates on our rationale for each governance action.
Data-Driven Decision Making: We bring a robust data-centric approach to our role, drawing insights from our experience with governance metrics to evaluate proposals thoroughly and responsibly.
Fostering Sustainable Growth: Our aim is to support Morpho’s evolution by focusing on sustainable practices that prioritize the protocol’s resilience and adaptability over short-term gains.
Disclosures
Boardroom is actively involved as a delegate and governance provider for several other DAOs, including Compound, Optimism, and Moonwell. We are committed to disclosing potential conflicts of interest arising during our engagement with Morpho governance.
Waiver of Liability
By delegating to Boardroom, you acknowledge and agree that Boardroom will participate in Morpho governance on a best-effort basis and will not be liable for any damages related to its participation in Morpho governance.
Rationale: The original Olympics program used a thoughtful multi-tiered structure ($2M-$500M thresholds) that successfully fostered diverse curator participation. Replacing this proven model with a flat 1% threshold, regardless of how low it seems, removes important incentive gradients that encourage broad ecosystem engagement. We need to preserve graduated rewards while making them scalable. The limitation to just Base and Ethereum also unnecessarily constrains growth.
Rationale: This proposal takes a pragmatic approach to bootstrapping liquidity for the critical Coinbase integration while maintaining reasonable controls. The 50% reduced reward rate and $100M cap show good governance discipline. While I generally oppose exceptions to algorithmic market operation (AMO) exclusions, this targeted allowance for Spark USDC deposits serves a clear strategic purpose in ensuring adequate liquidity for a major institutional integration. The proposal’s narrow scope and defined limits make this a responsible governance decision.
Rationale: While Guillaume and Pablo bring valuable DeFi expertise from Angle and Merkl, multisig transitions require careful consideration of decentralization impacts. The proposal aligns with strengthening security as we move toward multi-chain governance, but token holders should demand clear documentation of multisig policies and regular reporting on multisig activities. We need to ensure these changes enhance rather than concentrate governance power. The specific expertise of the new signers in complex DeFi operations is a notable positive for protocol security.
Rationale: For MonarchLend, we agree that this market will support a wider range of user profiles that might be missed by vaults or pooled strategies. The team has a proven track record in DeFi and the budget request is reasonable. For Mangrove, we think that 15k is an acceptable amount to fund the audit of the Kandel-Morpho strategy given that the end goal is to provide Morpho users with enhanced yield opportunities. For Stake DAO, we voted in favor because it will enable users to use their Curve LP tokens as collateral on Morpho markets while still receiving their CRV rewards; it reduces the friction in deploying collateral that generates claimable rewards.
Proposal: MIP 93 - Grants Pilot Program Selection Part 2
Vote: Blockchain at Berkeley 9k MORPHO
Rationale: Given the small funding request, it seems very reasonable to support an eager and accomplished team at Blockchain at Berkeley. Telegram is widely used in Web3 and this could significantly ease the accessibility of Morpho alerts.
Proposal: MIP-93 - Grants Pilot Program Selection Part 3
Hello, recently I read that Boardroom had closed and some of the remaining team members had joined another team. Could you please confirm if this is the case and if so who controls this account and why it is posting in the forum?
Not to be rude but it would also be great to understand why there is a need to post and add more information with “5 tokens”. Although everyone should be able to post. If the project is dead and there is no delegated tokens this is borderline spammy.
Rationale: We support the approval of sending the license fee from Berachain to the Morpho Association. We understand that sending it to the DAO treasury as originally proposed could create tax risk for certain tokenholders. This clarification makes sense.
Proposal: MIP 95 - MORPHO Reward Rate Reduction 3
Vote: Approve
Rationale: Given that this is the third reduction in MORPHO rates since December, and as long as rates on Morpho remain competitive and growth remains healthy following reductions, we are supportive of progressive rate decreases.
Rationale: Having read over the original proposal on the Compound forums, we are supportive as it would benefit all three parties involved. For Morpho specifically, it would allow the protocol to take market share on Polygon PoS.
Rationale: We voted in favor of the proposal. We’ve seen similar frameworks across other DAOs aimed at reducing friction for delegates by allowing for more frequent adjustments.