10 September 2024 - Roundup of Active and Upcoming Votes

Onchain Proposals :ballot_box:

1. Delegate to Voter Enfranchisement Pool — Event Horizon (voting ends on Sept 13)

  • The EventHorizon team is proposing that the DAO delegates (not grant) 7,000,000 ARB to a public access-voter block subject to a non-optimistic 1-year renewal.
  • Rather than the block voting based on the decision of one individual, the public access-voter block votes with the collective cognition of hundreds of individual voter pass holders. It provides a clear and designated voice for smaller, citizen voters, and drives participation through a game-theoretic process called Implicit Delegation.
  • In addition to the delegation, the EventHorizon team is requesting for 200k ARB to maintain this public good for 1 year in addition to retroactively awarding the team for the fully-functional product. It also requested a separate 125K ARB grant for the 5 member Oversight Committee, however this will now be returned to the DAO (as this Snapshot to replace the Oversight Committee with the MSS for all related capacities and responsibilities, has passed).
  • Forum post link here.

2. Upgrade Governor Contracts by Transfering Timelock Roles to the New Governors (voting starts on Sept 13)

  • This proposal will transfer the ‘proposer’ and ‘canceller’ roles from the current Arbitrum Core Governor and Arbitrum Treasury Governor to newly deployed Governor contracts.
  • This upgrade was initially discussed as part of the Expand Tally Support for the Arbitrum DAO proposal, during which the community recognized the need for enhanced governance features, including proposal cancellation (allowing the delegate who submitted a proposal to cancel it during the delay phase) and flexible voting (enabling delegates to cast rolling, fractional votes, supporting future innovations like voting from Orbit chains and more).
  • Accordingly, new Governor contracts have been developed and deployed with these improvements. To activate these enhancements and complete the upgrade process, the DAO needs to transfer the proposer role to these new contracts.
  • This proposal has a longer than usual L1 timelock delay of 10 days, so the existing governors can still be used for proposing until the voting period of this proposal has ended.
  • Forum post link here.

Snapshots⚡️

1. ArbitrumDAO Procurement Committee Phase II (voting ends on Sept 12)

  • The ADPC is requesting for USD414,000 in ARB for another 6 month term. For the second phase, they are intending to work on 4 ‘packages’.
    • Package 1: Procurement framework and execution for RPC providers and Event providers
    • Package 2: Creation of an OpEx budget for the ArbitrumDAO that will beallocated towards the utilisation of service providers as whitelisted by the ADPC
    • Package 3: Continue running the subsidy fund
    • Package 4: Create a Phase II Outcome Report & have continued alignment with key stakeholders

2. [Pyth Network] Arbitrum LTIPP Extension Request (voting ends on Sept 12)

  • Pyth Network is seeking a 12-week extension of its LTIPP grant, till November 30, 2024. Pyth had originally received 1,000,000 ARB, of which it only distributed 75,042. Therefore, Pyth is requesting the DAO’s permission to retain 174,958 ARB in order to continue distributing it till the end of November, bringing the total ‘spend’ to 250,000 ARB. The remaining 750,000 will be returned to the DAO’s treasury.

3. Enhancing Multichain Governance: Upgrading RARI Governance Token on Arbitrum (voting ends on Sept 12)

  • RARI DAO seeks to enhance its governance framework by upgrading the RARI token contract and bringing its governance from Ethereum mainnet to the Arbitrum ecosystem. If this Snapshot vote passes, it will eventually becoming a CONSTITUTIONAL AIP on Taly.
  • RARI DAO is governed by the $RARI token (which is currently on Ethereum mainnet), which when locked in veRARI grants voting access. The RARI DAO wishes to upgrade its governance, a part of which is a token contract upgrade with snapshots and delegations embedded. To register a custom gateway for a new RARI L2 token contract via Arbitrum native bridge, as only the Arbitrum DAO can implement this change.
  • The custom gateway will enable more efficient governance processes with the upgraded token, reduce user costs, and improve overall accessibility for RARI DAO.

4. Synthetix LTIP Grant Extension Request (voting ends on Sept 12)

  • Synthetix is requesting an 8-week extension for its LTIPP grant to align with the launch of Perps Multi-Collateral and distribute 900k ARB in trading fee rebates. This extension will run from September 16th to November 16th, 2024.
  • Synthetix had originally received a 2,000,000 ARB grant, of which it had already distributed 1,100,000ARB. With this request, Synthetix is asking for the DAO’s permission to utilize the remaining 900,000 ARB as trading fee rebates at a rate of 112,500 ARB per week.

5. Fund the Stylus Sprint (voting ends on Sept 13)

  • To bolster the impact of the ArbOS 31 upgrade, Entropy Advisors is proposing a one-time “Stylus Sprint” program, aimed at encouraging the early development of Stylus smart contracts and tooling by awarding up to 5,000,000 ARB to teams who build with Stylus.
  • Applications will be open for 8 weeks and the program will run for 1 year. The Sprint will include a mix of open applications where teams are encouraged to be creative in their ideas as well as invitational/RFQs with strategically targeted objectives.
  • Evaluation committee will be made up of members from OCL, AF and OpenZeppelin.
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Very helpful and useful to plan things.

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Thanks for the information.

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