Onchain Proposals
1. ArbOS 31 “Bianca” (Stylus, RIP-7212 Support, Nova Fee Router) (live for voting!)
- This AIP proposes the activation of ArbOS 31 on Arbitrum One and Arbitrum Nova. This ArbOS upgrade brings a number of improvements, including:
- Activating Arbitrum Stylus to enable developers to build the next generation of Rust or C++ applications on the EVM.
- New precompile for verifying the secp256r1 elliptical curve (as part of RIP-7212)
- Change to fee collection on Arbitrum Nova, making it easier for ArbitrumDAO to manage and access the funds.
- These 3 changes previously passed temperature checks on Snapshot, and are all currently live on Arbitrum Sepolia, which simulates a production environment.
2. Arbitrum Multi-sig Support Service (MSS) (live for voting!)
- Entropy Advisors is proposing to create a DAO wide structured multi-sig framework to facilitate funded programs within ArbitrumDAO to reduce operational spend and increase proposal efficiency.
- The budgeted cost for multi-sig signers across DAO proposals over stands at 158K ARB, which is a high cost for a purely operational function.
- The MSS will comprise 12 elected individuals to all DAO-funded multi-sigs, which unlocks significant cost-saving opportunities, lessen committee fragmentation, ensure signers are competent with multi-sigs, and reduce friction for contributors creating proposals.
- Signers will be compensated a base USD amount, paid in ARB, for performing these services across the DAO
3. Entropy Advisors: Exclusively Working With Arbitrum DAO (voting starts on Thursday, Aug 8)
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Entropy Advisors is requesting 6M ARB to work exclusively with the ArbitrumDAO for one year. This consists of US$2.47M in ARB for an operating budget with a ~10% margin/contingency, and a potential bonus of 1.5M ARB maximum which the DAO can decide to distribute near the end of the 1 year mark.
- The receiving address for the 6M ARB will be a Foundation-controlled multi-sig SAFE address. Any excess ARB not monetized (or stored for the potential bonus below) and excess stables from lower payments during the initial scaling of Entropy will be sent back to the DAO by the Foundation.
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Entropy Advisors aim to be a Proposals-as-a-Service (PaaS) broker for the the DAO, and serve as a liaison between key stakeholders in the ArbitrumDAO and ecosystem. This enables the DAO to expedite and refine proposals more precisely, addressing the recurring issue of proposals being approved without sufficient details on execution and long-term planning.
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Since inception 5 months ago, Entropy has led key discussions and proposals like GovHack Brussels, adjusting the minimum base fee, the multi-sig support (MSS) service for the DAO, and improving predictability for DAO ops.
Snapshots⚡️
1. Incentives Detox Proposal (live for voting!)
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L2Beat is proposing to temporarily pause incentive programs in Arbitrum for 3 months following the conclusion of LTIPP and STIP Bridge distribution timeframes, and utilize that time to structure a perpetual incentives program based on the data and the lessons learned from the programs the DAO has had so far.
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There are already hundreds of data points to review, analyze, and ultimately distill into actionable insights on what works and what doesn’t in terms of incentives.