ECIP 1111–1114 Discussion: Olympia Upgrade — Protocol Funding and Governance Suite #530
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The Olympia Introduction Series:
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Thank you for your work on preparing this set of proposals. First a note on the "Requires" field. While it is true that ECIPs 1111, 1112, and 1113 could be applied in a specific order, they are in fact interdependent. ECIPs 1111 and 1112 depend heavily on whether ECIP 1113 is viable. For this reason, perhaps they be grouped together, as is this discussion, into a single ECIP or processed as a collective proposal, or all be explicit that they "Require" each other (i.e. 1111 cites 1112, 3 and 4 as required)? ECIP-1111 - Fee Market ChangeThis proposal introduces additional complexity by incorporating EIP-1559. Before proceeding, it is recommended that a separate ECIP be created to assess and debate the merits of implementing EIP-1559 on its own, prior to introducing other Olympia-related features or concepts such as the Ethereum Classic DAO LLC. This approach would keep the discussion focused and isolated from unrelated concerns. Alternative options to consider include:
Clear, strong arguments are needed to justify any particular path forward, based strictly on the standalone merits of the fee market change, independent of treasury mechanisms, as 1559 is a core feature of the protocol. Additionally, this ECIP introduces the concept of execution “off-chain by Ethereum Classic DAO LLC as a legal interface for compliance, payments, and treasury administration.” This raises serious centralization concerns that have not been adequately discussed. This aspect requires far more scrutiny. ECIP 1112 + 1113 - Treasury Contract & DAO GovernanceIf the treasury contract is truly non-upgradable, is there a compelling reason to separate ECIPs 1112 and 1113? It may be worth combining them for simplicity. Problem with Using Other EVM Networks as PrecedentCiting "other EVM networks" as precedent is problematic because many of those chains are already centrally owned or operated. Ethereum Classic does not have such central authorities, so implementing similar governance structures raises a core question: who controls or owns the LLC, how are voting tokens distributed, and ultimately, who or what entity is likely to control the DAO in practice? Ambiguity in Contract SpecificationsThe proposal currently uses vague language such as "MAY" in sections that should be precise and normative. Governance specifications must be explicit — ideally identifying and recommending exact smart contract mechanisms and libraries. For instance, while the ECIP notes inspiration from frameworks like OpenZeppelin Governor and Compound Governor Bravo, it must go further by making concrete recommendations to guide discussion and implementation. Inconsistencies in Governance ModelThe ECIP currently describes multiple, conflicting governance models. It references a "stake-based or reputation-based system" but later points to token-based voting mechanisms (e.g., gETC, veOLY). It is unclear which model is intended. Additionally, the proposal does not describe how these tokens are distributed, which is critical to understanding who holds power and how voting influence is derived. Explicit Definition of Governance MechanismsKey governance parameters and mechanisms must be clearly specified to avoid ambiguity and ensure system integrity. The ECIP should address:
These parameters must be implemented through transparent, deterministic mechanisms that minimize centralization risk and encourage robust community oversight. Fallback Multisig Transparency and RisksIf a fallback multisig is to be included, its design must be fully transparent. Specifically, the ECIP must clearly specify:
Failure to define these aspects introduces a significant centralization risk. A poorly specified multisig could become a shadow governance mechanism, undermining the DAO’s autonomy. All governance fallbacks must be auditable, decentralized, and clearly bounded. Role of the Ethereum Classic DAO LLCThe proposed Ethereum Classic DAO LLC would serve as a legal interface for the DAO, handling off-chain operations such as executing payments, signing legal documents, and managing treasury assets. Its relationship to the on-chain governance system and the fallback multisig must be clarified. Critical questions include:
Without precise boundaries, the LLC could effectively centralize control over decisions intended to be decentralized. The ECIP must define the LLC’s scope, responsibilities, and limitations to ensure alignment with Ethereum Classic’s decentralization ethos. Recommendation: Phase DAO Development Before ECIPs 1111/1112There is strong rationale for testing and refining DAO governance mechanisms independently before integrating them with ECIPs 1111 and 1112. A phased roadmap could involve deploying governance contracts, experimenting with quorum and participation thresholds, and stress-testing mechanisms under real-world conditions. This approach would provide practical data to inform later decisions and help avoid premature coupling of untested governance models with critical fee market or treasury mechanisms. In short, determining whether a DAO governance framework is viable — both technically and socially — should precede final decisions on ECIPs 1111 and 1112. Additional Concerns (per ethereumclassicclassic.org):These critical concerns must be addressed explicitly:
Each of these risk categories should have corresponding mitigation strategies documented in the relevant ECIP(s). I will not comments on 1114 for now, as it's implementation appears to rely heavily on answers to the above. Once again, thank you for your proposal and I look forward to discussing further. |
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Summary of Olympia Upgrade Resolution Matrix (Updated August 2025)The Olympia Upgrade addresses all major community criticisms through four modular ECIPs (1111–1114) that emphasize transparency, decentralization, and security. Treasury misuse is prevented by hash-bound, chain-ID-protected proposal execution (ECIP-1112/1114) and DAO-only authorization (ECIP-1113). Together, Olympia implements a principled, future-ready funding system for Ethereum Classic — modeled on proven EVM ecosystem practices, while preserving ETC’s immutability, Proof-of-Work identity, and fixed monetary schedule. ✅ Olympia Upgrade: Criticism Resolution MatrixThis table maps all major community criticisms to the relevant ECIP(s) and confirms whether the issue is addressed in the current drafts.
Sources of Community Feedback Incorporated
The August 2025 drafts of ECIP-1111 through ECIP-1114 resolve all major criticisms while preserving Ethereum Classic’s founding principles of immutability, Proof-of-Work security, and decentralized neutrality. |
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Note on Opposition Tactics (September 2025)It’s become clear that opposition to Olympia is coming from only a handful of Discord accounts, not from material stakeholders in the Ethereum Classic ecosystem. One account in particular — Wedergarten ( @Soteria-Smart-Contracts )— has now been tied on-chain to past scam activity and to a misinformation bot campaign. Others have leaned on conspiracies, chain-split scare stories, and vague threats of petitions or websites. This is not constructive engagement with the ECIP process. For nearly a decade, the community has recognized the need for a decentralized, transparent solution to sustain client development, infrastructure, and security as block rewards decline under ECIP-1017. Olympia (ECIPs 1111–1114) was written to address exactly this — in an opt-in, permissionless way that preserves Proof-of-Work and makes a contentious hard fork extremely unlikely. The upgrade is expected to be implemented by 2027, giving ample time for testnet validation and stakeholder alignment. The material stakeholders — client maintainers, infrastructure providers, miners, and ecosystem contributors — understand the dilemma and are already signaling intent to support Olympia, or any valid alternative solution presented transparently through the ECIP process. What is clear is that doing nothing is not an option for Ethereum Classic or its stakeholders. If Olympia is not the right answer, the productive path is not misinformation or theatrics, but drafting an alternative ECIP that directly solves the same problem. To date, no such alternative has been put forward. Without a solution, the network faces only two outcomes:
Olympia exists to prevent those outcomes. If you believe there’s a better way, please bring it forward transparently in the ECIP process — not through bots, threats, or off-chain campaigns. |
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Your recent post is clearly referencing communications that we've had in private, but since you are referring to that I attempted to engage in good faith in your proposal in this thread. The bare minimum I'd expect is a reciprocal good faith engagement and an attempt to reply to my concerns directly, but they have been met with AI generated non-answers and evasiveness about specific technical questions. Instead of responding to my concerns, you refer me to a new version of the ECIP with an unreadable diff, which I am expected, unreasonably, to manually parse in it's entirety and address to find answers to my questions. Your replies made it made it clear to my that that further engagement on this proposal in the normal way would be a waste of time, and I would just be flooded with LLM generated hand waving. Because of this, I reached out to you personally to express my opposition, in a private DM, which you have chosen to reference here publicly, so I will repeat the appropriate parts publicly. For the record. On 2025.09.02, I asked you in the public discord general channel
On 2025.09.04, you responded
![]() Later on, I messaged you in a DM an told you:
Shortly after this, you posted in this ECIP discussion, clearly referencing my message.
Having personally volunteered significant time and resources to Ethereum Classic over many years, I find your suggestion that I am not a material stakeholder to be highly unusual. Have you forgotten that we have personally worked together on many calls and spent many hours organizing and maintaining community resources?
Given that I already tried to engage unproductively with you in this ECIP thread, the only alternative would be to begin a signalling campaign to oppose the proposal. This is not a conspiracy or a vague threat, but a standard way of consensus building in decentralized communities. Indeed, we have participated in such campaigns together in the past, particularly against the previous treasury proposal. My direct message to you was not a vague threat, but clear statement of intention, that you leave me no option but to to follow up on. In an apparently attempt to create a false sense of consensus that Olympia is "expected" to happen, you continue to dismiss real opposition to your proposal from myself and other community members. This tactic is transparent and undermines your proposal, which should stand on it's own merits and not need to be misrepresented in this way, but it must be countered with loud opposition for the wider audience, which the ECIP process is not suited for. I want to make it clear to you and the wider community that Olympia has significant and legitimate opposition. If it is pushed forward, there is an extremely high probability that it will cause a chain split. For this reason it is a non-starter. As a material contributor to Ethereum Classic, I oppose your propsal, and I will support whichever version of Ethereum Classic that does not implement it. I do my best to encourage others to do the same. |
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ECIP 1111–1114 Discussion: Olympia Upgrade – Decentralized Protocol Funding & Governance
Olympia is the product of nearly a decade of Ethereum Classic community dialogue on sustainable funding.
It is the only realistic, open, and decentralized protocol funding framework proposed for Ethereum Classic since the Genesis Block on July 30, 2015.
Olympia consists of four coordinated ECIPs — 1111 through 1114 — that together create ETC’s first protocol-native, non-inflationary, DAO-governed treasury.
The system is fully ECIP-1000 compliant, designed for open review, and opt-in by nature: participation is voluntary, and all changes are implemented through transparent, modular upgrades that preserve consensus integrity.
The Four ECIPs
BASEFEE
to a public treasury instead of burning it.BASEFEE
revenue.These proposals embed transparency, neutrality, and sustainability into ETC’s base layer — funding clients, infrastructure, audits, and tooling without inflation, discretionary grants, or off-chain gatekeepers.
Key Properties
How to Participate
The final drafts incorporate all major community feedback from earlier review stages.
We now seek focused input on:
Read and comment on the ECIPs here: GitHub Discussion: ECIP-1111 to ECIP-1114
These proposals represent a historic opportunity to secure Ethereum Classic’s development future — and to set a precedent for decentralized funding across the Proof-of-Work ecosystem. Now is the time for the community to review, discuss, and help finalize them.
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