404 DAO Delegate Communication Thread

Governance Delegate Statements
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21

Rationale for Votes Occurring in February

Snapshot

  1. Approve Nova Fee Swap

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the Nova Fee Swap Proposal. Given this proposal moves 1,885 ETH to the DAO treasury from the Nova Fee timelock alias, it is a no-brainer to sweep the funds over and allow the DAO to manage and allocate the ETH.

  2. Request to Increase the Stylus Sprint Committee’s Budget

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the request to increase the stylus sprint budget. As mentioned in our comment, Stylus adoption is critical for Arbitrum’s competitive advantage and developer tooling should continue to be a primary focus going forward.

  3. Arbitrum Growth Circles Event

    1. Proposal: Link
    2. Vote: AGAINST
    3. Rationale: We voted AGAINST the Arbitrum Growth Circles event. As expressed by other delegates, we would prefer to use the DAO’s Events budget for larger investments over a longer period of time. Furthermore, this proposal overlaps with the AVI initiative that Farstar is running.

  4. [CONSTITUTIONAL] AIP: ArbOS Version 40 Callisto

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the constitutional AIP: ArbOS Callisto which adds support for relevant Execution Layer changes from Ethereum’s upcoming Pectra upgrade (H1 2025) and a small Arbitrum Stylus related fix. We understand that this is an upgrade that builds upon ArbOS version 32 which was previously adopted by the DAO.

  5. Arbitrum Audit Program

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the Arbitrum Audit Program. Our key considerations included the presence of a whitelist of auditors, a competitive and well-negotiated package to secure optimal rates, and measures to prevent delays. We were glad to see the Foundation address these concerns in their comment. Additionally, we appreciate the Foundation’s plan to request technical resources from OCL, further strengthening the Audit Program.

Tally

  1. Arbitrum DAO Domain Offering Offering Season 3

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the Arbitrum Domain Offering S3 during the snapshot phase and our previously stated rationale has not changed.

  2. Request to Increase Stylus Sprint Committee’s Budget

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the request to increase the Stylus Sprint Committee’s Budget and our rationale is listed in the Snapshot section.

  3. Non-Constitutional: Stable Treasury Endowment Program 2.0

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the Stable Treasury Endowment Program (STEP) 2.0. and our previously stated rationale has not changed.

  4. OpCo: A DAO-adjacent Entity for Strategy Execution

    1. Proposal: Link
    2. Vote: FOR
    3. Rationale: We voted FOR the OpCo: A DAO-adjacent Entity for Strategy Execution and our previously stated rationale has not changed.
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March Voting History:

Snapshot

TMC Recommendation

  • Link
  • Voted #3 Only Deploy Stable Strategy; #1 Deploy Both Strategies; #2 Only Deploy Arb Strategy; #4 Deploy Nothing

GMC’s Preferred Allocations (7,500 ETH)

  • Link
  • Voted FOR, Deploy Capital

[CONSTITUTIONAL] Proposal: For Arbitrum DAO to register the Sky Custom Gateway contracts in the Router

Tally

Request to Increase the Stylus Sprint Committee’s Budget

[CONSTITUTIONAL] - Adopt Timeboost + Nova Fee Sweep

[NON-CONSTITUTIONAL] Arbitrum Onboarding V2: A Governance Bootcamp

  • Link
  • Voted: ABSTAIN