ARDC Update: February 17, 2025
Highlights
- Set up comprehensive communication channels including bi-weekly community calls, daily SP updates, and an ARDC Homepage on Notion
- Created meeting structure and transparency on SP’s progress and payment
- Initiated three high-priority research projects addressing key areas: grants program analysis, sequencer revenue sustainability and Security Council improvements
- Developed structured task prioritization framework with input from different stakeholders
Process and Ops
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Established regular meeting cadence:
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Weekly Supervisory Council meetings
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Weekly Service Provider & Operations meetings
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Bi-weekly Community Calls (next call scheduled for February 20 at 5pm UTC)
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Created ARDC Homepage on Notion for transparent tracking of tasks, meeting minutes, and resources
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Service Providers completed compliance requirements + KYC process and have received their 20% retainer payment
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Task selection and prioritization process set up. Prioritization happens weekly in collaboration with delegates, Arbitrum Foundation and OCL with the goal to focus on high-impact initiatives aligned with DAO objectives
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LlamaPay setup in progress for Supervisory Council payments
Finances and Budget
Status as of February 12th, 2025:
- Service Provider Hours Logged (Jan 13 - Feb 12):
- Castle Capital & DeFi Llama Research: 27.5 hours (DL: 15 hours; Castle: 12.5 hours)
- Nethermind: 135 hours (Mid level: 80 hours; Senior level: 55)
- OpenZeppelin: 28
- MSS wallet established at: arb1:0x8deBa81C874C68C27a09706CdEa50d4F727E0711
- See the full report here: ARDC V2 hours log - Google Sheets
Deliverables Status
Currently Active Projects:
Analysis of the Arbitrum DAO’s Grants Program (Castle Capital & DeFi Llama)
- Status: In Progress
- Framework development completed
- Stakeholder surveys initiated
- Analysis of external grant programs underway
- Expected draft: February 19
Sustainability of Sequencer Revenue (Nethermind)
- Status: In Progress
- Completed initial data extraction and vertical analysis
- Deep dive into sector-specific revenue drivers ongoing
- Expected completion: February 19
Security Council Enhancement Recommendations (OpenZeppelin)
- Status: In Progress
- Research phase completed
- Draft preparation ongoing
- Expected draft completion: February 19
Next Allocated Projects:
- Incentive Program Analysis (Castle Capital & DeFi Llama) - Analysis of the Arbitrum DAO’s incentive programs (STIP, STIP Backfund, LTIP, STIP Bridge) as part of our broader investigation into the DAO’s ecosystem funding structure.
- Governance Attack Analysis (Nethermind) - Explore the viability of a governance attack at the current quorum and analyze the risks involved in reducing quorum.
- Stylus Best Practices (OpenZeppelin) - Stylus best practices
Call for Delegate Input
We have established a strong initial research agenda based on Arbitrum Foundation recommendations, inputs from the Supervisory Council, and a few delegates that have reached out to us. We want a broader community engagement so we encourage all delegates to propose research topics, share feedback on ongoing projects, or request specific analyses that could benefit the DAO’s decision-making processes. A reminder that you can submit your suggestions through:
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Comments in this forum thread
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Direct messages to our Communications leads (@JuanRah, @AlexLumley, @Frisson)
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Participation in our bi-weekly community calls
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The ARDC Homepage on Notion
Learnings for future versions of the ARDC
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Allow 1.5 months between vote completion and full team start date
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Operations should begin 1 month prior to other team members to facilitate compliance agreements and payment setup to avoid delays
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Early alignment with Offchain Labs + AF can help avoid duplicate research efforts