I am writing to apply for a Tribal Force Leads role; with consultation with Fei Core Team members, I am preparing to transition to full time participation at Fei DAO therefore I consider it appropriate to apply for the added responsibility of TF leads. Having started this movement out of a desire to make existing compensations at Fei more transparent, I would like to follow through and take on the administration of the program.
Past involvement
I have been continuously active in the community since genesis, and I have since been actively maintaining, moderating, and translating the Chinese language discord channel. I have also maintained other Chinese language media outlets such as five wechat groups, and Chinese language newsletters. An extremely important aspect of this task has been translating and explaining all new governance proposals to DAO members who otherwise would not have been able to participate.
Given the heightened language barrier of the very large and active Chinese community, this task has morphed into somewhat of an ambassadorship between the communities; I have been consistently collecting sentiment, feedback, and suggestions from DAO members who otherwise would not be heard and presenting them to the FEI core team and the wider community.
I am also the first to propose an interest rate subsidies model where the protocol systematically mints new FEI to lend out to lending platforms. While generating organic revenues for the DAO, this approach makes FEI borrowing rates lower hence more attractive to borrow and promotes its use. Although my initial attempt has not been successful, this vision has been largely realized with the Rari pool 8 and Aave lending market. The current Optimistic Approval squad is administering a very similar program, and has injected in excess of 100M of Protocol owned FEI towards this end. My role on the OA has been to establish parameters with which to inject or to withdraw protocol owned FEI to rapidly adjust to market conditions.
Lastly, I have been active in Fei’s marketing fields, including bringing Bancor integration to fruition, and aiding with Fei’s listing at Aave and Comp.
My skills and experiences
My employment has been that of a Chinese-English legal translator in the US state of Massachusetts, in which I’ve worked for six years. This aspect of my skills has been extensively leveraged since genesis. My other significant occupation has been in real estate, and I have worked in management and sales, until I was able to focus on flipping and investing in my own projects.
I also have a deep interest and some experience in traditional finance; I have worked as a proprietary equity options trader for two years.
What are your expected contributions?
Given my suite of experiences, and what I have worked on at FEI Protocol, I think it would be natural to continue and expand my role as a bridge for the Chinese community. In this capacity, I would seek to foster greater governance participation in the Chinese community. Instead of merely relaying the latest governance proposals to Chinese, I will help influential members who otherwise would be deterred by the language barrier to actively participate in the DAO by being their interpreter and their legislative fiduciary.
As the scope of Fei’s educational and promotion materials increase, as will the need for translations. With my transition to a full time basis at Fei DAO, I can allocate time to translate materials such as Fei Academy, Bruno’s articles, etc.
There have been discussions of a large drive for Chinese language marketing; it would be natural for me to follow up with the initiative and scale operations up significantly. I should seek to help other language imparied community members who have expressed interest in discord and wechat, to navigate the Tribal Force application process, and if possible, to coordinate their efforts.
Fei Protocol thus far has relied almost on passive word-of-mouth for its marketing; with the upcoming launch of V2 and potential merge, there will be an excellent opportunity to push for heightened recognition of Fei. With collaboration and discussion with Brianna, I can expand the active marketing efforts to the English language media as well; especially focusing to counteract the bad rap generated from the month following genesis.
The other aspect which I feel that I would expand my participation would be the continuous evolution of the lending interest subsidies project. Although my earlier proposal of FEI lend has not come to fruition due to the issues of the assembled team; I am happy to see its principles realized with the multi-platform minting/lending program. Perhaps I am being too presumptuous in believing that I have been one of the key minds behind the current program, but I do feel a deep sense of participation and ownership, and I wish to further develop it to become a faster reacting and more secure system. In light of the potential Fei-Rari merge, I believe a proprietary lending apparatus can greatly increase the policy runway for cheap borrowing rates.
Should the merge materialize, I would like to play an involved role in incorporating the two protocols, especially with regards to our Chinese communities. I can extend any of the aforementioned tasks for a transitional Rari DAO should the situation calls for it.
Breakdown of past three months’ activities:
Overall proxy level if TF was active in retrospect: ~50% level during Sept, Oct, Nov
OA 15-20%; My role on the OA has been to establish parameters with which to inject or to withdraw protocol owned FEI to rapidly adjust to market conditions. Along with scrutinizing potential Cream style attacks on newly deployed funds.
Modding 20%:, an activity level on Discord fully servicing current server activity, (200+ posts now, up to 2000 posts when activity was high). Sole operation of Wechat group, with around 100 active members, spending at least 2 hrs per day bringing over latest governance developments. Aggregating sentiment and proposals from Chinese boards and posting them on discourse/discord on behalf of the community.
Translating 15%: brief summary of every FIP, and in depth, high quality translation of important documents/forum posts such as Rari-Fei Merge proposal, LaaS, Vote Delegation, Fei V2 etc.