Proposal: GovHack Devcon in Bangkok - Hack Humanity
Vote: FOR
Type: Off-chain
Rationale: This proposal seeks to allocate $156,350 towards organising a GovHack event in Bangkok. For us, GovHack in Denver was an impactful event, sparking discussions that led to the Arbitrum M&A initiative. We believe another GovHack event would equally be impactful for Arbitrum DAO and we are in support of this proposal. We acknowledge that the proposal was withdrawn. Looking forward to the next event.
Proposal: [Non-Constitutional] Funds to Bolster Foundation’s Strategic Partnerships Budget
Vote: FOR
Type: Off-chain
Rationale: This proposal seeks to allocate 250 million ARB to enable the Arbitrum Foundation to foster key strategic partnerships. We are generally in support of funding strategic initiatives where there is a clear benefit to the Arbitrum ecosystem, even as competition in the DeFi/L2 ecosystem continues to stiffen. We are signalling our support and trust in the Arbitrum Foundation by voting in favour of this proposal. However, before this proposal goes to an off-chain vote, we would like to see more transparency and details around how this significant allocation (of $250m) will be utilised and over what time horizon this will be.
Proposal: [Non-Constitutional] Arbitrum DAO Delegate Incentive Program
Vote: FOR - DIP V1.5
Type: Off-chain
Rationale: This proposal seeks to allocate ~$4.2 million for extending the ArbitrumDAO Delegate Incentive Program by 12 months. We are voting in support of the proposed v1.5 because of the heavier weight it places on the quality of delegate feedback. Similarly, we have observed the iterations and meaningful work that has gone into shaping this and appreciate it. As delegates, we are more interested in being able to provide in-depth feedback on proposals and discussions, and would prefer a set-up where delegates are specifically incentivised to continue do same. We acknowledge that measuring “quality” introduces considerable subjectivity to the mix, so we would like to see that evaluations are made in a consistent manner.
Proposal: Research on context and retention
Vote: FOR
Type: Off-chain
Rationale: This proposal seeks to grant TogetherCrew read access to Arbitrum’s public Discourse and Discord APIs for research purposes. The research will focus on analysing community behaviour, health and retention. We believe the findings from the research might prove useful for the community on various fronts, and since it comes at no cost to the DAO, we are in support of the proposal.
Proposal: [Non-Constitutional] Whitelist Infura Nova Validator
Vote: FOR
Type: Off-chain
Rationale: This proposal seeks to whitelist Infura’s validator for Arbitrum Nova. As evidenced in the proposal, Infura has maintained consistently high API performances/uptimes on the Arbitrum Network (~99%). As part of the Data Availability Committee, they have already been playing a key role as validators for the Arbitrum Network, and thus it makes sense for them to be whitelisted as such. We are therefore voting in support of this proposal.
Proposal: [NON-CONSTITUTIONAL] Arbitrum DAO Procurement Committee: Phase II Proposal
Vote: ABSTAIN
Type: On-chain
Rationale: This proposal seeks to allocate 950,610 ARB as funding for Phase II of the Arbitrum DAO Procurement Committee (ADPC). The outcome report for Phase I of the ADPC can be found here. Key achievements from Phase I include:
- Development of a procurement framework for Security-Oriented Service Providers;
- Establishment of a $2.5 million Arbitrum DAO Security Subsidy Fund (SSF);
- Development of a Means Test for evaluating projects that qualify for subsidies from the SSF;
- Whitelisting of 8 Security Service Providers for Arbitrum DAO; and others.
The ADPC is now looking to extend its mandate to continue developing procurement frameworks for the DAO and manage the SSF among other things. As members of the ADPC we will be abstaining from voting on this proposal in order to remain neutral.