Ongoing Onchain Proposals
1. Entropy Advisors: Exclusively Working with the Arbitrum DAO, Year 2 and Year 3 (Voting ends August 7)
This proposal seeks to extend Entropy Advisors’ partnership with the DAO for two additional years.
If passed, the second official engagement would go into effect on September 1, 2025, immediately following the conclusion of Entropy Advisors’ first mandate.
A base pay of $3M per year is proposed. Additionally, and in an effort to achieve long-term alignment with the Arbitrum ecosystem, a 5M ARB allocation to Entropy Advisors is proposed, locked in a vesting contract with a 1-year cliff and 3-year vest. Lastly, 10M ARB will be set aside for the OAT to negotiate directly with Entropy Advisors on establishing short, medium, and long-term incentive mechanisms.
Upcoming Onchain Proposals
1. [CONSTITUTIONAL] Register $BORING in the Arbitrum generic-custom gateway (Voting starts August 1)
This proposal puts forward registration of the $BORING token in the Arbitrum generic-custom gateway.
Bridging to an Arbitrum token with custom logic requires registration in the Arbitrum generic-custom gateway, which can be done either by the L1 token contract itself or by the Arbitrum DAO. Since the L1 token contract was deployed in the past without knowing this requirement, and is not upgradable, the latter option is needed.
Snapshot Votes
1. [Constitutional] AIP: Disable Legacy Tether Bridge (Voting ends July 31)
This proposal seeks to disable the legacy USDT bridge for Arbitrum One, given the activation of the new USDT0 bridge in January 2025.
The legacy bridge is proposed to be disabled entirely, rather than continue with the current configuration which subjects depositors to a week-long delay and risks loss of funds if the depositor is a smart contract.
2. Consolidate Idle USDC to the ATMC’s Stablecoin Balance (Voting ends July 31)
This proposal seeks to consolidate idle USDC as follows:
Transfer the DAO’s 2025 Events Budget (~1.04M USDC) to the ATMC, which will top-up the budget allocated to onchain treasury managers focused on stablecoin strategies.
Send the ~1.5M USDC left over from the ARDC v2, which was recently denied an extension, to the ATMC to further top-up the budget allocation to onchain treasury managers.
Send any remaining funds from the ADPC Security Subsidies budget to the ATMC, which will again be used to top-up the onchain treasury managers budget.