Michigan Blockchain will be voting FOR on Plurality’s grant program. We thank @DisruptionJoe for his continued communication and willingness to respond to all concerns and feedback. Plurality Lab’s proposal provides an additional outlet for the Arbitrum DAO to allocate grants to its increasingly expanding ecosystem. There are reasonable concerns with the overlap with Questbook’s program, but as we initiate a grants program on Arbitrum, it is important to allow for a diverse set of grant allocators and frameworks. Questbook’s program, which we support, gives the ability to allocate the designated capital to only 4 Domain Allocators and the Program Manager, providing a narrow set of viewpoints. Plurality’s proposal will enable a wider breadth of perspectives, expertise, and allocation methods. By further supporting the growth of the community and Arbitrum ecosystem with an additional effective grants program and the initiation of a Gitcoin Grants round, this proposal furthers the DAOs mission of supporting the Arbitrum protocol and the application and developers building on top of it.
As the grant programs reach the end of their terms, a mechanism should be in place to analyze the effectiveness of each program and develop an optimal grants framework to be presented to the DAO before providing additional funding. This mechanism may come in the form of a 3rd party or a committee formed to assess each grant program. This would allow for continual assessment of the effectiveness of the programs and enable iteration based on relevant feedback.
It is clear that the model for the multi-sig and grant funds management needs to be further discussed and involve the DAO. However, it is also apparent that Arbitrum has found itself far behind the competition on grants funding and others such as Optimism have seen a fair amount of success with their programs. Supporting these grant frameworks takes the ArbitrumDAO one step closer to developing a standard for sustainable governance and community participation.