Proposal: Empowering Early Contributors: The community Arbiter Proposal 2.0
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to allocate 125K ARB to retroactively reward 25 early contributors (i.e., Arbiters) to the Arbitrum ecosystem. We believe that recognising the past work of contributors is crucial to incentivising future contributions and aligning the interests of both contributors and the DAO. Furthermore, a list of these contributors containing an overview of their contributions has been shared with the community for transparency.
Proposal: Extend Tally Support for the Arbitrum DAO
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to allocate $220K in ARB to Tally for the provision of extended technical and research support. We are voting in favour of this proposal because of Tally’s track record as a governance service provider to Arbitrum. The proposal details plans to improve the proposal process, such as highlighting transactions by the Security Council, enabling version tracking of proposals and embedding Forum posts/comments directly on Tally. Tally will also provide a dashboard for tracking delegate activity and conduct research into governance solutions for Arbitrum DAO such as partial delegation and shielded onchain voting. We believe that all these steps will culminate in improving Arbitrum governance, and we are therefore in support. We appreciate the diligent work and support from @Frisson and the rest of the Tally team in Arbitrum.
Proposal: Request for Continuation of the Arbitrum DDA Program Request
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to allocate an additional $4M in ARB for Arbitrum grants via Dedicated Domain Allocation (DDA) by Questbook. The Arbitrum DDA program specializes in allocating rapid and micro grants to help grow the Arbitrum ecosystem across selected verticals. The previous round of the program has proven to be largely successful, approving $912K in grants to 60 projects spread across gaming, protocol ideas, dev tooling and education, community and events. On this basis, we are supporting the extension of this program. We especially believe in @jojo’s quality in steering the effort, having worked with him closely in the Uniswap-Arbitrum Grant program.
Proposal: Double-Down on STIP Success (STIP-Bridge)
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to introduce the STIP Bridge, a grant program aimed at providing 37.5M ARB in incentives to key protocols on Arbitrum, to enable Arbitrum maintain a competitive edge over other L2s. We support the effort to maintain Arbitrum’s market leadership and we believe that keeping these protocols committed to Arbitrum plays a huge role in that regard. We are however interested in receiving feedback on the performance and usage of STIP grants by the selected protocols.
Proposal: Catalyze Gaming Ecosystem Growth on Arbitrum
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to allocate 200M ARB over the course of three years to expand Arbitrum’s web3 gaming ecosystem. We believe that gaming has a very strong potential to catalyze growth and adoption of Arbitrum. Currently, gaming accounts for 30% of the web3 market, with 2.1M daily unique active wallets [1]. While obviously a huge step for the Arbitrum ecosystem, we believe in @Djinn ‘s capabilities to steer this effort. There are still many unknowns and unsolved problems, but focusing our attention on solving them could potentially unlock significant value for the future.
Proposal: Constitutional AIP - Security Council Improvement Proposal
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to upgrade the security council structure by increasing the multisig threshold from 7/12 to 9/12, in order to maintain L2Beat’s “Stage 1” designation. We are supporting this proposal because increasing the threshold improves the decentralization and overall security of Arbitrum.
Proposal: ArbitrumDAO Contribution; Safeguarding Software Developers’ Rights
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to allocate 1M ARB to Coin Center and DeFi Education Fund for the purpose of supporting policy, litigation and advocacy efforts for OSS and Software developers’ rights. We believe that supporting the work of Coin Center and DEF is important to Arbitrum and the overall web3 ecosystem in terms of lobbying efforts, interfacing with policymakers and engaging with regulatory authorities. These are the necessary steps that will drive widespread adoption of DeFi and the development of enabling legal frameworks that allow the industry thrive.
Proposal: [Non-Constitutional] - Subsidy Fund Proposal from the ADPC
Vote: ABSTAIN
Type: On-chain
Rationale: This proposal seeks to establish a sub-committee for administering the Security Subsidy Fund. As an elected member of the Arbitrum DAO Procurement Committee (ADPC), we were responsible for establishing the Security Subsidy Fund. We are therefore abstaining from this vote in order to remain neutral.
Proposal: [Non-Constitutional] Pilot Phase: Arbitrum Ventures Initiative
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to establish the pilot phase of the Arbitrum Venture Initiative (AVI) supporting the efforts of the AVI team with additional research. As we have been conducting a pilot phase for M&A (see outcome report here), we do see the merit in such an initiative. Our outcomes were developed in a way to be reusable for other capital allocation initiatives and do hope the AVI team can make use of these in their research. We hope to see tangible insights coming out of this that help the DAO making an educated decision on benefit of venture for Arbitrum.
Proposal: [Constitutional] ArbOS 31 “Bianca” (Stylus, RIP-7212 Support, Nova Fee Router)
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to activate ArbOS 31 on Arbitrum One and Arbitrum Nova. Notably, this upgrade will activate Arbitrum Stylus which introduces support for C++ and Rust applications on Arbitrum. Together, Rust and C++ account for >25% of programming language usage by developers. We believe introducing support for these languages will help onboard developers with diverse backgrounds to Arbitrum, further growing the ecosystem. We are therefore in support of this upgrade.
Proposal: Arbitrum Multi-Sig Support Service (MSS)
Vote: FOR
Type: On-chain
Rationale: This proposal seeks to create a Multi-sig Support Service (MSS), comprising 12 DAO-elected multi-sig signers. These signers will be responsible for administering all DAO-funded multi-sigs. We support this proposal, because we see it as a positive step towards streamlining DAO operations by eliminating redundant multi-sig roles and their associated costs. We appreciate the work that has gone into this by @peperonnijoe discovering the uncontrolled spend on this in the DAO and believe this provides a sensible approach to fix this.