Delegate Updates July 1 - 31
Snapshot Votes:
- Extend AGV Council Term and Align Future Elections with Operational Cadence
Vote: FOR
Rational: AranaDigital supports this proposal to extend the AGV Council’s term through 2025, as it ensures necessary continuity during AGV’s first full execution year and aligns governance with AGV’s operational cadence. The change is cost-neutral and adds no new burden to the treasury. The current Council has proved effective in daily operations and managed early challenges well, so replacing it mid-stream could set the initiative back. Shifting all Council terms to a January–December cycle with elections in a quieter fourth quarter adds predictability and simplifies the process. Delegates such as @Tane, @cp0x, @Michigan_Blockchain, and @Ignas have flagged that rotating the entire Council at once may risk lost expertise and slow onboarding, and we share that concern. The proposers’ plan for 13-month terms with a one-month overlap in December should address this by allowing handover and knowledge transfer. We recommend clarifying edge cases: for instance, if a member resigns only weeks before year-end, will a replacement be appointed or will the remaining members cover the gap? As @tamara suggested, defining a cutoff of about two months before the term’s end could work. - Arbitrum Research and Development Collective V2 - Extension
Vote: Don’t Extend
Rational: Rolling the leftover USDC into STEP-2 lets the DAO put that cash back to work right away—earning yield rather than letting it sit idle in a half-finished program. It’s a move that ensures unspent funds are used effectively. - Entropy Advisors: Exclusively Working with the Arbitrum DAO, Year 2 and Year 3
Vote: FOR
Rational: AranaDigital acknowledges Entropy Advisors’ successful Year 1 record, including neutral proposal facilitation, widely used analytics dashboards, and useful stakeholder-alignment work, we praise as helpful for the DAO. The requested two-year renewal, together with a fifteen-million-ARB grant that vests over three years after a one-year cliff and a termination rule that three percent of the votable supply can trigger, provides long-term incentive alignment while keeping community control. - [Constitutional] AIP: Update the Upgrade Executors
Vote: FOR
Rational: This makes the upgrade process easier and less complicated. - [CONSTITUTIONAL] Register $BORING in the Arbitrum generic-custom gateway
Vote: FOR
Rational: We don’t see any problems with the existence of such a bridge. - Updating the Code of Conduct & DAO’s Procedures
Vote: FOR
Rational: Extending the Code of Conduct and procedure test to 31 January 2026 gives the DAO time to see what works before writing anything into the Constitution, which is a positive in our eyes. Removing the Responsible Voting rule makes sense because vote‑buying tools now make limits impossible to police. The new replacement steps are positive because they ensure programs keep moving if an elected member leaves, by naming who should pick a successor and requiring a short public note. A Snapshot vote with a 3 % quorum and the usual 500 k ARB posting rule makes any shutdown both simple and fair. We also support keeping shielded elections in place so the DAO can gather more data about turnout and late voting before deciding whether to keep them. Taken together, these changes are overall positive, so AranaDigital supports the proposal. - [Constitutional] AIP: Disable Legacy Tether Bridge
Vote: FOR
Rational: We support this proposal because the legacy gateway’s seven-day exit delay is no longer acceptable when USDT0 delivers near-instant transfers under the same contract address. Liquidity is already gone: only about $140k remains in the canonical bridge, while roughly a billion dollars now sits in the LayerZero lockbox, so the DAO is bearing risk without utility. Disabling the gateway also removes the auto-withdraw behaviour that can strand funds when smart contracts deposit for users. - Consolidate Idle USDC to the ATMC’s Stablecoin Balance
Vote: FOR
Rational: We support this proposal because the Arbitrum Foundation has the right staff and experience to run large events, and letting stablecoins sit idle is wasteful. The plan moves about 1.04 million USDC left in the 2025 Events Budget, roughly 1.5 million USDC being returned from the ARDC v2 program, and any extra from the ADPC security fund into the ATMC stablecoin balance so the treasury can earn yield. This would raise the ATMC pool to more than seven million USDC and start earning interest right away. Therefore, we support this proposal.
Tally Votes:
- Entropy Advisors: Exclusively Working with the Arbitrum DAO, Y2-Y3
Vote: FOR
Rational: Explained above under “Snapshot Votes”. - [CONSTITUTIONAL] Register $BORING in the Arbitrum generic-custom gateway
Vote: FOR
Rational: Explained above under “Snapshot Votes”.