I will be voting AGAINST this proposal on Snapshot. While the overall sentiment and goals behind a separate Audit Program are more than justified, I think there is some clear overlap between it and what should ultimately be part of the ADPC’s mission.
Reading @adpc’s response it’s obvious this proposal was born out of dissatisfaction with the ADPC’s results or its failure to be deployed quickly, but there was miscommunication between both parties and we should really be asking ourselves if that alone warrants shelling out an extra $10M on a different program.
Procurement of proper auditors should be the number one concern for any audit program, and I think this could/should be achieved with involvement from both actors, if the audit program were to be passed.
Would it be worth considering giving the ADPC a seat at the committee in a revised version of this proposal?
I appreciate adding a seat for an OpCo representative, and have no objections towards the budget and structure, save for the immediate need to request the 30M ARB, in spite of not knowing how much will actually be spent and thus possibly adding a bit of unneeded selling pressure (even if unused funds are returned in USDC and ARB).
Recapping, I don’t think this proposal should move forward without establishing a better integration of it within the ADPC’s goals or its role within the proposed Audit Program.