There are many things to unpack here, but at a high level i am opposed to giving governance power without ownership
I think it creates the wrong incentives and deepens principal agent problems. i had said the same for a similar proposal that was floated way back
The other aspect is that DAOs function with 3 groups:
- Projects or apps who are mostly loyal to Arbitrum
- Delegates who are usually influential across many ecosystems
- Contributors who make proposals at one or many DAOs
I see this proposal as an effort to make contributors into delegates, which again i’m not sure is needed or a good idea. It is alright if some people remain contributors and get paid directly for that, rather than trying to make them big delegates and force them to try making money off their increased importance in the DAO.