Summary of Arbitrum Incentives Working Group - Community Call #1
We’ve successfully concluded our first community call on establishing a short-term incentive frameworks with over 30 stakeholders in attendance. I want to thank everyone who joined the call and participated in the discussion!
Below is a high-level summary of the takeaways and next steps. While these notes do not explicitly define the program, they represent the sentiment of the call’s participants and serve as a temperature check for what the framework aims to achieve.
The meeting was facilitated through a Miro board.
Introduction and Purpose:
Objective: To gauge stakeholder sentiment on the structure and minimum requirements of a short-term incentive framework in response to urgency from the DAO and community.
Desired Proposal Format
Preferred structure: A single proposal containing pre-evaluated and reviewed programs.
Application Essentials:
- Total grant funding amount (ARB)
- Grant objectives and KPIs
- Current incentive status
- Funding address for grant recipients
- Protocol details
- Minimum time on the Arbitrum protocol
Review Considerations
Criteria:
- Clear objectives and KPIs
- Potential for user retention
- Protocol’s Historical relevance
- Native or non-native protocol
- The team’s ability
- Expected ROI per ARB
Reviewers: Either a delegate or a committee review system.
Consensus and Distribution
Voting Method: Single on-chain vote bundling succesful temp-check approved proposals.
Fund Distribution: Varied opinions, with a near even split between direct funding or some form of delegated oversight based on milestones or optimistic grants.
Grant Evaluation
Desire: Set up a committee or service provider to evaluate and analyze completed programs.
Requirements: Funding, data availability, execution, strong ROI assurance.
Budget
50M ARB total budget.
Next Steps
As a result of this call’s discussions, the working group will proceed with the goal of establishing a more formal outline of what a short term incentive program proposal might look like. We aim to work asynchronously on drafting an outline of this proposal prior to our next community call:
Arbitrum Incentives Working Group - Community Call #2
Tuesday, August 22 · 9:00 – 10:00am
Time zone: America/Los_Angeles
Video call link: https://meet.google.com/gxj-ecoe-dbq
You can add this to your calendar here.