Rationale for Votes Occurring in October
Snapshot
- Whitelist Infura Nova Validator
- Proposal: Link
- Link: Whitelist Infura Validator
- Rationale: We voted FOR whitelisting the Infura Validator. Based on their current reliability as an infra provider and support on the data availability committee, we support whitelisting the Nova validator.
- Research on Context and Retention
- Proposal: Link
- Vote: FOR
- Rationale: We voted FOR Research on Context and Retention. Given the intended scope along with no extra cost to the DAO, we believe this initiative is worth pursuing.
- An EIP-4824 powered daoURI for Arbitrum DAO
- Proposal: Link
- Vote: FOR - Use ENS txt records
- Rationale: We voted FOR publishing a daoURI onchain using the ENS txt records. We support creating a single source of truth for the DAO. This will also make it easier for users to locate dao resources and official information while preserving decentralization of the information. Additionally, this proposal has no overhead or additional cost to the DAO, it was an easy decision for us to support it.
- LTIPP Retroactive Community Funding Selections
- Proposal: Link
- Vote: Serious People
- Rationale: We voted to fund Serious People’s Retroactive Community Funding. Based on our review of their contributions, we felt their team was worthy of receiving their proposed allocation. Specifically their work on the Application Template was of value along with their initial work to propose KPIs around the grant programs. Additionally, we felt the budget was reasonable for the outlined time commitment.
- Establishing a DAO Events Budget for 2025
- Proposal: Link
- Vote: FOR
- Rationale: We voted FOR establishing a DAO events budget for 2025. While the Foundation has led most events strategy to this point, we believe the DAO should be proactive about developing an events strategy. We believe the proposed budget for 2025 is a reasonable amount.
- (V2) Arbitrum Research and Development Collective
- Proposal: Link
- Vote: Funded with 2.09M USDC + Council
- Rationale: We voted FOR funding the V2 ARDC with an amount of 2.09M USDC. First, we would like to acknowledge the work conducted by the ARDC through the first term. The amount and depth of research conducted provided high value to delegates on niche topic points aiding discussion and analysis on many critical topics for the DAO. Even though there were some issues, as expected, for the first iteration of the program, we are confident in the value that this program provides to the DAO and delegates.
As for budget, we believe that paying market price will attract a higher-quality applicant pool leading to an increased likelihood of an optimal result for the DAO.
- Arbitrum Token Swap Pilot Program
- Proposal: Link
- Vote: AGAINST
- Rationale: We voted AGAINST the Arbitrum Token Swap Pilot Program. We are failing to see the added benefit from this program especially given many top projects have already received a large airdrop during the token generation event. The proposed implementation also contributes to a misalignment between the DAO and newer projects.
- GCP Council Reconfirmation Vote for Tim Chang
- Proposal: Link
- Vote: Reconfirm Tim Chang
- Rationale: We voted to reconfirm Tim Chang to the GCP Council. Based on Tim’s past experience, we believe he will be a valuable addition to the Council and we look forward to the work he does on behalf of the DAO.
- GCP Council Re-Confirmation Vote for John Kennedy
- Proposal: Link
- Vote: Reconfirm John Kennedy
- Rationale: We voted to reconfirm John Kennedy to the GCP Council. John has shown a strong commitment to the Arbitrum DAO through his contributions with Hack Humanity. Additionally, his background shows he is well-qualified to serve on the Council. We look forward to the work John does on behalf of the DAO.
Tally
- Funds to Bolster Foundation’s Strategic Partnerships Budget
- Proposal: Link
- Vote: FOR
- Rationale: We voted FOR this proposal during the temp check phase and our previously stated rationale has not changed.
- Arbitrum Strategic Off-site (Online) Updated Proposal
- Proposal: Link
- Vote: AGAINST
- Rationale: After voting FOR an online offsite during the temperature check phase, we have decided to vote AGAINST during the onchain voting period. This is due to the lack of broad support for the idea. We believe this program will not achieve optimal results without wide buy-in from the DAO.
- Enhancing Multichain Governance: RARI Token Upgrade
- Proposal: Link
- Vote: FOR
- Rationale: We voted FOR this proposal during the temp check phase and our previously stated rationale has not changed.
- Arbitrum DAO Delegate Incentive Program
- Proposal: Link
- Vote: FOR
- Rationale: We voted FOR this proposal during the temp check phase and our previously stated rationale has not changed.
- Fund the Stylus Sprint
- Proposal: Link
- Vote: FOR
- Rationale: We voted FOR this proposal during the temp check phase and our previously stated rationale has not changed.