42nd GRC Call - Recording & Transcript

Voting Rationale & Governance Calls Governance Reporting Call (GRC)
1

Publishing the recording and chat log from the 42nd GRC call that took place on October 14th, 2026.

Recording
Transcript

Additionally, you can find the 1-pager with all the updates here.

2

Governance:

  • Following notification of potential risks, the Security Council took an emergency action by adding a permissionless guard for the One-Step Proof of BoLD on Arbitrum One, and temporarily pausing activation of new Stylus contracts on Arbitrum One and Nova.
  • Opened applications for the Arbitrum Security Program (ASP) on Oct 1 following DAO approval. Succeeding the Arbitrum Audit Program, the ASP runs for 12 months and covers four security pillars: AI-assisted pre-audit screening, audits, the bug bounty program, and the Security Council.
  • Supported the USDG announcement with communications (e.g. the factsheet) and delegate outreach.
  • Conducted a clean-up of the forum.
  • Posted the final MSS handover report for Q3 2026.

Tech:

  • Secured 1,265 registrations and 455 submissions for the Singapore Open House (OH) Buildathon (+60% vs OH LND; 48% Asia, 12% EU, 8% USA, 4% LATAM).
  • Prepared for upcoming activations, including the Singapore Founder House (Oct 22–25), with 449 sign-ups so far, and a Devcon event.
  • Showed up at Token 2049, handling the event and online engagement (e.g. 1, 2).
  • The Token 2049 event (hosted with Founder Club) received 1,500 sign-ups and 266 check-ins.
  • Published 2 Builder’s Block newsletters (26, 27), with subscribers up 9% over the last month (~11,400 subscribers).
  • Continued pushing developer content, ecosystem support, and Open House promotional materials (e.g. Builder Series, OH workshops, ArbOS Elara, PGA & FF, FF)
  • Released data.arbitrum.foundation/api to deliver AEP fees data to Entropy.

Finance:

  • Deployed ~$15.2M of stablecoin proceeds from the August covered calls into Spark’s sUSDC, pending reallocation to ecosystem opportunities.
  • Supported USDG launch
  • Processed Security Council payments from the Arbitrum Security Program budget.
  • Executed token sales for the DRIP program.
  • Managed accounts payable across the Arbitrum Security Program, Watchdog Program, and Security Council payments.

Ecosystem:

  • Began reviewing the first batch of Arbitrum Security Program applications.
  • Launched the Arbitrum Dune Dashboard Program on Oct 7, offering Dune credits to analysts who build and maintain public Arbitrum dashboards.
  • Continued onboarding active propAMM teams and developing the propAMM gas credits campaign.
  • Supported the launch of USDG and integrated USDG into the Open House curriculum.
  • Prepared for the Mentorship Program Cohort 2 launch on October 20, covering website readiness, application forms, PR and content plans, and internal alignment.

Capital & Investment:

  • Standard Chartered initiated coverage of Arbitrum, with follow-on investment collaboration planned in NYC and Singapore. Also responded to substantial inbound interest and coverage from media and financial analysts following the Standard Chartered report.
  • Met with investment firms in the US and Singapore (Token 2049).
  • Preparing for WisdomTree EU client roundtables, commencing next week.
  • Provided macro and asset market commentary in media.