Tané Delegate Platform

Name

Tané

Address

tanegov.eth / 0xB79294D00848a3A4C00c22D9367F19B4280689D7

Introduction

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, and closely work with the big Japanese enterprises and have great relationship with Japanese crypto communities.

Our investment arm has invested in and supported various innovative 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, Uniswap, 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.

Contact Information

X (Twitter): https://x.com/tanelabs
Web: https://tanelabs.com
Discord: tksohishi
Telegram: takeshi55555

Motivation

We believe we can contribute to Morpho in many and unique ways, and help Morpho achieve its goals as a trustless base layer for lenders, borrowers, and applications.

Here are the reasons why we can bring value to Morpho;
Grant Distribution Expertise: We are experienced in grant distribution, as we are members of the Optimism Grants Council. We can leverage this experience to promote Morpho’s platform growth through strategic grant initiatives.

Governance Optimization: By contributing to several DAOs, we have become familiar with different kinds of DAO governance designs. This experience equips us with the ability to support and optimize Morpho’s governance mechanisms for enhanced efficiency and community engagement.

Strong Japanese Market Connections: Rooted in Japan, we have established connections with builders, CeFi institutions, and enterprises. We can utilize this background to contribute to Morpho by facilitating partnerships, fostering community growth, and supporting expansion into the Japanese market.

DeFi Governance Experience: We are familiar with DeFi protocol governance through our heavy involvement in Uniswap governance, among others. This familiarity allows us to bring valuable insights and contribute effectively to Morpho’s governance processes.

Tech-savvy delegate

Our unique experience and expertise 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 Morpho 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 ones who represent 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.

Values and Decision-Making Approach

We have established our Delegate Core Values as below and demonstrated our delegate activities and decision-making based on them.

Integrity

We value integrity a lot. We believe integrity is the most important virtue even in an industry that values trustless and permissionless. In fact, even though we should aim for governance minimization in the end, the protocols should still need governance and it requires capable and sincere participants. We should be one of them.

Diversity

Diversity is one of the most important values to achieve decentralization. We are very unique in various perspectives including the geographical diversity (Japan and Asia). We also value diversities provided by other actors and are willing to appreciate them and collaborations with them.

Practicality

We believe in progressive decentralization. While considering that decentralization is the ultimate goal for crypto/blockchain projects to achieve, we sometimes value practicality and approaches that get things done rather than getting stuck in pursuing the “decentralization” too much from the start.

Transparency

We believe transparency is a vital trait in decentralized systems. We communicate our findings, feedback, opinions, disagreements, and praises in a clear and constructive manner. We believe transparent communications should lead to better discussions and decisions to thrive.

Disclosures

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 Morpho 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 Morpho from our internal tracker .

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 the Morpho Protocol, the Morpho Interface, or its DAO.

2 Likes

MIP80 - Approve Review of Contributor Grants and Establish Formal Process (Snapshot)

Summary:

The proposal requests the Morpho DAO’s approval for the allocation of 0.5% of MORPHO tokens that was vested to contributors in 2022-2023.

Vote: Approve

Rationale:

Contributors should be fairly compensated for their efforts, and the amount proposed is reasonable and well within acceptable parameters. Importantly, the allocation process appears both transparent and proper.

MIP81- Morpho Grants Pilot Program (Snapshot)

Summary:

This is a proposal to introduce a grants program with 200k MORPHO to fund impactful projects on the Morpho Stack, with milestone-based payouts and community-driven selection.

Vote: Establish grants program

Rationale:

The introduction of a grant program is a vital step in expanding the ecosystem. Running it as a pilot program will likely reveal various challenges, and we aim to contribute meaningfully to address them.

MIP-82- Increase MORPHO Reward Rate on Base (Snapshot)

Summary:

Aiming to match the growth on Base, the proposal suggests increasing MORPHO rewards by 30%, raising the S_lim limit from $60M to $78M.

Vote: Increase rate

Rationale:

We believe that Ethereum’s rollup-centric roadmap makes it strategically important to secure a significant position in the largest rollup ecosystem over the medium to long term. Therefore, incentives on Base should be actively increased. While this proposal represents a gradual increase, we remain open to considering more assertive approaches if deemed necessary in the future.

MIP 83 - Berachain Morpho License (Snapshot)

Summary:

Berachain seeks a non-exclusive license to integrate Morpho Blue into its ecosystem, leveraging its Proof-of-Liquidity mechanism to enhance lending capabilities while compensating Morpho DAO with USDC and BERA tokens.

Vote: Proceed with license

Rationale:

We support this proposal as it enables Morpho to secure a low 7-figure fee, even though the exact amount is undisclosed. Additionally, it does not place an excessive burden on the contributors’ resources.

MIP 84 - Optimizers Deprecation Phase 3 (Snapshot)

Summary:

The Morpho Association proposes fully pausing new supply and borrow activities on Aave v2 and v3 optimizers by December 20, 2024, as part of their deprecation strategy, ensuring notice to users.

Vote: Accept proposal

Rationale:

We recognize the clear risks of relying on external protocols that are not immutable for the Optimizer. While the current TVL is approximately $500M, we believe this decision is essential to safeguard the growth of Morpho Blue and maintain the Morpho brand accordingly.