Areta Delegate Thread

Proposal: [Constitutional] DVP Quorum & Proposal Cancellation

Type: On-chain

Vote: FOR

Rationale: We voted in support of this proposal during the offchain vote. Our position remains unchanged, therefore we are voting FOR on the onchain proposal.


Proposal: Automate the Consolidation of Idle Funds into the Treasury Management Portfolio

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to automate the movement of surplus and idle funds from DAO initiatives to the Arbitrum Treasury Management Council (ATMC). In the past, the DAO has approved one-off proposals to consolidate idle funds under the ATMC. We believe it is a sensible operational step to automate this process and make it the default treatment of idle DAO funds going forward. Doing so ensures the treasury’s capital is maximized and reduces the operational overhead associated with passing individual proposals to allocate idle or unused funds. We are therefore voting in support of this proposal.

Security Council Nominee Selection

We voted for the following candidates, based on their security-council related experience and track records within the Arbitrum ecosystem.


Updating the Code of Conduct & DAO Procedures to Become Living Documents

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to transition the Arbitrum DAO’s Code of Conduct and DAO Procedures from a trial-based framework to a permanent living document, with OpCo assuming stewardship over its maintenance and amendment. The structural changes introduced, including the amendment process, the transfer of conflict resolution to OpCo, and the shift to optional shielded voting, reflect practical lessons drawn from two trial periods and strike a reasonable balance between governance flexibility and accountability. Therefore, we are voting FOR this proposal.


[Constitutional] AIP: ArbOS 60 Elara

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to upgrade Arbitrum One and Arbitrum Nova to ArbOS 60 Elara, introducing multidimensional gas pricing, an increased Stylus smart contract code size limit, and a delegated mechanism for Offchain Labs to adjust minimum L2 base fees within defined bounds. The upgrades are technically well-scoped, come at no cost to the DAO, include independent auditing by Trail of Bits. Therefore, we are voting FOR this proposal.

Transfer 6,000 ETH and Idle Stablecoins from the Treasury to the Treasury Management Portfolio

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to transfer 6,000 ETH and approximately $150K in idle USDC from the Arbitrum DAO treasury to the Treasury Management Portfolio for active yield generation. The ATMC has demonstrated strong results, with the 30-day average annualized ETH yield more than doubling year-to-date to 4.81%, exceeding the wstETH benchmark rate by over 2.3%, and deploying this idle capital is consistent with treasury best practices of minimizing unproductive assets. Therefore, we are voting FOR this proposal.


Improvements to the Arbitrum Audit Program

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to introduce two operational enhancements to the Arbitrum Audit Program: replacing the mandatory exclusivity requirement with a flexible alignment framework, and piloting AI security scans for early-stage teams. Both changes address documented friction points that have caused quality applicants to disengage and left a gap in support for teams not yet ready for full-scope audits, without requesting any additional budget. Therefore, we are voting FOR this proposal.


Security Council Member Election

We voted for the following candidates, based on their security-council related experience and track records within the Arbitrum ecosystem.

  • Michael Lewellen
  • Certora
  • Tino | SEEDGov
  • bartek.eth | L2BEAT
  • netto.eth | Blockful
  • yoav.eth
  • Cyfrin
  • Pablo Sabbatella | Opsek
  • Kemmio | Hexens

Proposal: Transfer 6,000 ETH and Idle Stablecoins from the Treasury to the Treasury Management Portfolio

Type: On-chain

Vote: FOR

Rationale: We previously voted in support of this proposal during the off-chain vote and expressed our rationale below. Our position remains unchanged and we will therefore vote in support.

Proposal: Approve Release of Frozen ETH

Type: Offchain

Vote: FOR

Rationale: This proposal seeks to approve the release of the ETH that was frozen by the Arbitrum Security Council following the rsETH incident, towards remediating affected users. We support this incident response as a one-time action, as well as the broader coordination and effort among DeFi stakeholders to remediate the losses following the incident. Therefore we are voting in support of this proposal.


Proposal: [Constitutional] AIP: Amended Release of Frozen ETH Pursuant to Court Order

Type: Onchain

Vote: FOR

Rationale: This proposal seeks to amend the execution path for the proposal to approve the release of frozen ETH, by complying with a court order to transfer the ETH to a wallet controlled by Aave LLC in the interim. We had earlier voted in support of the original proposal and this amendment only brings the execution in line with legal requirements, hence we will be voting in support.

Proposal: Continued Funding for the Arbitrum Foundation

Type: Offchain

Vote: FOR

Rationale: This proposal seeks to secure continued operational funding of $16M in RWAs, 1,740 ETH, and 230M ARB for the Arbitrum Foundation to sustain its activities for an additional year beyond its initial AIP 1.1 allocation. The Foundation has demonstrated considerable ecosystem impact since inception and the requested funding will be channeled into ongoing ecosystem growth activities. Therefore, we are voting FOR this proposal.


Proposal: [Constitutional] AIP: Minimize Arbitrum Nova

Type: Offchain

Vote: FOR

Rationale: This proposal seeks to transition Arbitrum Nova from its current operational state into a minimized, maintenance-oriented model through a structured three-phase process. Nova has effectively fulfilled its original purpose as a proof-of-concept for the AnyTrust/DAC model, and its current usage metrics, roughly $20M in TVL and 0.03 TPS against an annual cost of approximately $1.52M, no longer justify the level of operational overhead being incurred, with minimization projected to yield savings of around $1.43M annually. Therefore, we are voting FOR this proposal.


Proposal: Continued Funding for the Arbitrum Foundation

Type: Onchain

Vote: FOR

Rationale: This proposal seeks to ratify the offchain proposal to provide continued operational funding for the Arbitrum Foundation to sustain its activities for an additional year beyond its initial AIP 1.1 allocation. We voted in support of the offchain proposal and our position has remained unchanged. Therefore we are also voting in support of this proposal.


Proposal: [Constitutional] AIP: Transition Arbitrum One ordering policy to Priority Gas Auctions (PGA)

Type: Offchain

Vote: FOR

Rationale: This proposal seeks to replace Timeboost’s express lane auction mechanism on Arbitrum One with a Priority Gas Auction (PGA) system, while also sunsetting Timeboost on Arbitrum Nova. PGA offers a more accessible and familiar transaction ordering model that lowers barriers to entry for a broader range of market participants, introduces an anti-starvation mechanism to protect non-priority transactions, and routes 97% of priority fee proceeds to the ArbitrumDAO Treasury at no additional development cost. Therefore, we are voting FOR this proposal.


Proposal: Extending DRIP’s Mandate

Type: Offchain

Vote: FOR

Rationale: This proposal seeks to extend the DRIP program’s mandate end date by one year, from July 1, 2026 to July 1, 2027, without requesting any additional funding. Season 1’s strong performance, including a cost-effectiveness ratio of 51 and significant stablecoin supply growth on Arbitrum, demonstrates the program’s potential, and extending the timeline allows the Season Selection Committee to deploy the remaining ~63.7M ARB budget more deliberately rather than rushing into a suboptimal campaign. Therefore, we are voting FOR this proposal.

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Proposal: [Constitutional] AIP: Automate Timeboost Proceeds Split

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to automate the distribution of Timeboost bid proceeds on Arbitrum One and Arbitrum Nova, implementing a fee splitter contract that routes 97% of proceeds to the DAO Treasury and 3% to the Arbitrum Developer Guild, while also distributing the 3% share that has accrued since Timeboost activation. Automating this split removes the need for repeated 30-day onchain governance cycles to execute a distribution that was already ratified, and the underlying contracts have been audited. Therefore, we are voting FOR this proposal.


Proposal: AGV Wind-Down: Structured Transition & Return of Capital to the DAO Treasury

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to wind down Arbitrum Gaming Ventures (AGV) as an active investment program, return approximately 143.7 million ARB in undeployed capital to the DAO treasury, and delegate oversight of the remaining portfolio to the Arbitrum OpCo Foundation. Given that the AGV team, OpCo, and the Arbitrum Foundation have collectively determined that the program no longer aligns with the DAO’s current strategic priorities, a structured wind-down is the most responsible path, as it preserves value for existing portfolio companies while returning surplus capital for redeployment. Therefore, we are voting FOR this proposal.


Proposal: Fast Feed: Constitutional AIP

Type: Off-chain

Vote: FOR

Rationale: This proposal seeks to establish the Fast Feed, a paid, authenticated data streaming product on Arbitrum One that gives subscribers earlier access to ordered transaction data via an audited payment contract, with 97% of proceeds routed to the ArbitrumDAO Treasury and 3% to the Arbitrum Developer Guild. The design is ordering-neutral and non-exclusionary since it does not alter transaction sequencing or fees and remains open to any paying subscriber, while converting existing latency-driven value into transparent, on-chain DAO revenue consistent with the precedent set by Timeboost. Therefore, we are voting FOR this proposal.


OAT Elections

Type: Off-chain
Vote: Multichoice

Rationale: We voted for the below applicants, based on our view of their experience and historical contributions to the Arbitrum ecosystem:

  • Max Lomu
  • Federico Holzwarth
  • Pedro Breuer
  • Patrick McCorry
  • Varit Ruangsiri
  • Alex Netto
  • Rika Goldberg
  • Tom Berry
  • Jojo
  • AJ Warner

Proposal: [Constitutional] AIP: Ratification of Security Council Election Process Improvements

Vote: FOR

Rationale: This proposal seeks to ratify four Security Council election process improvements, namely extending the cohort duration from one year to two years, lowering the Nominee Selection qualification threshold from 0.2% to 0.1% of votable ARB, and enabling both candidates and sitting members to rotate their Security Council keys. We’ve reviewed these proposed changes and consider them acceptable. Therefore, we are voting FOR this proposal.


Proposal: Constitutional AIP: ArbOS61 Elara Upgrade

Vote: FOR

Rationale: This proposal seeks to upgrade Arbitrum One and Arbitrum Nova to ArbOS 61 Elara, introducing a 96 KB code size limit for Stylus contracts, a time-limited delegation to Offchain Labs to adjust the minimum L2 base fee within a defined 0.01 to 0.10 gwei range, a bug fix to gas refund logic, and several optional features left disabled on the DAO’s chains. The proposed changes are technical improvements, have been audited and come at to cost to the DAO. Therefore, we are voting FOR this proposal.

Proposal: Security Council Election Process Improvements

Vote: FOR

Rationale: We previously voted in support of this proposal during the offchain vote and expressed our rationale here. Our position has remained unchanged. Therefore we will be voting in support.


Proposal: Arbitrum Security Program

Vote: FOR

Rationale: This proposal seeks to extend the Arbitrum Audit Program into a broader Arbitrum Security Program covering AI-assisted screening, human audits, the bug bounty program, and the Security Council, funded entirely from AAP’s remaining balance with no new treasury request. The prior program delivered measurable results (385 vulnerabilities found across 18 audits, ~60% net-new teams onboarded) and the proposed adjustments reflect key learnings from running the program so far. Therefore, we are voting FOR this proposal.


Proposal: [CONSTITUTIONAL] AIP: Authorize Priority Gas Auctions and Establish the Fast Feed

Vote: FOR

Rationale: This proposal seeks to transition Arbitrum One’s ordering policy from Timeboost to Priority Gas Auctions (with Timeboost sunset on Nova) and establish the Fast Feed, a paid authenticated data streaming product for Arbitrum One. We voted in support of both proposals during their respective temp-check votes and our position has remained unchanged. Therefore, we are voting FOR this proposal.