# 42nd GRC Call - Recording & Transcript **URL:** \ **Category:** Governance Reporting Call (GRC)\ **Created:** [October 14, 2026, 5:20pm UTC](https://forum.arbitrum.foundation/t/42nd-grc-call-recording-transcript/31589 "2026-10-14T17:20:46Z")\ **Posts on this page:** 1\ **Showing post:** 2
**Author:** ![Arbitrum](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/arbitrum/32/2693_2.png) [@Arbitrum](https://forum.arbitrum.foundation/u/Arbitrum)\ **Post date:** [October 14, 2026, 5:27pm UTC](https://forum.arbitrum.foundation/t/42nd-grc-call-recording-transcript/31589/2 "2026-10-14T17:27:29Z")
**Governance:** - Following notification of potential risks, the Security Council took an [emergency action](https://forum.arbitrum.foundation/t/security-council-emergency-action-2-10-2026/31530) 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)](https://forum.arbitrum.foundation/t/arbitrum-security-program-is-live-applications-now-open/31522) 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](https://forum.arbitrum.foundation/t/arbitrumdao-factsheet-usdg-launches-on-arbitrum/31552)) and delegate outreach. - Conducted a clean-up of the forum. - Posted the final [MSS handover report](https://forum.arbitrum.foundation/t/mss-handover-reporting-jul-2026-sep-2026/31558) 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](https://x.com/ArbitrumDevs/status/2108032939544207610?s=20), [2](https://x.com/ArbitrumDevs/status/2107501485009625288?s=20)). - The Token 2049 event (hosted with Founder Club) received 1,500 sign-ups and 266 check-ins. - Published 2 Builder’s Block newsletters ([26](https://blog.arbitrum.foundation/builders-block-026-300k-awaits-at-founder-house-singapore-what-great-startups-have-in-common/), [27](https://blog.arbitrum.foundation/builders-block-027-learn-about-arbitrums-new-transaction-ordering-ideas-for-builders-at-founder-house-singapore/)), 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](https://x.com/arbitrum/status/2108668965778063779?s=20), [OH workshops](https://x.com/arbitrumdevs/status/2107100899059655021/video/1?s=46), [ArbOS Elara](https://x.com/ArbitrumDevs/status/2104556922464772260?s=20), [PGA & FF](https://x.com/ArbitrumDevs/status/2103494668893782274?s=20), [FF](https://x.com/ArbitrumDevs/status/2107472206284689446?s=20)) - 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](https://x.com/arbitrum/status/2107833638696206541) on Oct 7, offering Dune credits to analysts who build and maintain public Arbitrum dashboards. - Continued [onboarding active propAMM teams](https://x.com/arbitrum/status/2108555851334381938) 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](https://x.com/itsbrendanma/status/2099797631166025769/photo/1) 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. --- _[View the full topic](https://forum.arbitrum.foundation/t/42nd-grc-call-recording-transcript/31589)._