- Proposal: Extend AGV Council Term and Align Future Elections with Operational Cadence
- Voting type & platform: Offchain - Snapshot
- Vote: For
- Reasoning: Our team believes that extending the AGV Council term and aligning future elections with operational cadence is vital for establishing stability during this critical phase of the AGV’s development. By synchronizing the council’s term with the calendar year, we enhance governance consistency, enabling a smoother transition and continuity of institutional knowledge. We see value in the suggested improvements, including staggered terms to facilitate knowledge retention and a clear handover period. These measures would not only help the incoming council members hit the ground running but also ensure that the council can build upon the groundwork laid by their predecessors. This thoughtful approach positions the AGV for greater clarity and effectiveness in its operations moving forward. As a collective, we are confident that these changes will support the AGV’s success and align with the community’s views on governance betterment.
- Proposal: Arbitrum Research and Development Collective V2 - Extension
- Voting type & platform: Offchain - Snapshot
- Vote: Don’t Extend
- Reasoning: As a team, we evaluate the proposed six-month extension of the Arbitrum Research and Development Collective V2 and have collectively opted not to extend. While we acknowledge the contributions and work carried out by the collective over the past months, we believe that the current structure and mission do not align well with the dynamic needs of the DAO. Our collective viewpoint is that research initiatives should be more adaptable and closely tied to pressing questions that arise within the community. We see a potential for a model that enables targeted research based on specific demands, rather than relying on a fixed group with a standing budget. This would not only enhance the relevance of research outputs but also provide a clearer pathway for impactful contributions. Thus, we find that extending the collective in its current form may not serve the interests of the DAO effectively. We appreciate the efforts made thus far but believe it is time to reevaluate our research priorities and structures to ensure alignment with the evolving goals of the organization.
- Proposal: Entropy Advisors: Exclusively Working with the Arbitrum DAO, Year 2 and Year 3
- Voting type & platform: Offchain - Snapshot
- Vote: For
- Reasoning: Our team believes that extending Entropy’s exclusivity and service provision for an additional two years is a strategic investment in the future of the Arbitrum ecosystem. Over the past year, we have witnessed Entropy’s dedication to enhancing our operations and supporting various initiatives. Despite concerns regarding the potential cost of this commitment, we feel confident that Entropy’s past performance aligns with our objectives and supports better governance within our DAO. Maintaining a reliable partner like Entropy is essential as we navigate organizational changes and strive for continued growth and stability. Hence, we voted in favor of renewing their service agreement, viewing it as a forward-thinking decision that underscores our commitment to excellence in the Arbitrum community.
- Proposal: [Constitutional] AIP: Update the Upgrade Executors
- Voting type & platform: Offchain - Snapshot
- Vote: For
- Reasoning: As a team, we express our unified support for the proposal to update the Upgrade Executors. We recognize that this initiative directly addresses the complexities inherent in the current upgrade processes. The modernization plan introduces the
executeCall()function, which allows for direct interaction with target contracts, streamlining future upgrades and reducing the necessity for additional contract deployments. We voted in favor because this change not only enhances operational efficiency but also maintains backward compatibility, thus protecting existing functionalities. Furthermore, we are reassured by the diligent audits conducted on the new contracts, minimizing governance risks. Our collective stance is that this update is a low-risk, high-value enhancement essential for improving the agility and responsiveness of the Arbitrum ecosystem’s governance operations.
- Proposal: [CONSTITUTIONAL] Register $BORING in the Arbitrum generic-custom gateway
- Voting type & platform: Offchain - Snapshot
- Vote: For
- Reasoning: Our team supports the proposal to register $BORING in the Arbitrum generic-custom gateway as it represents a strategic move to facilitate the bridging of this token to the Arbitrum network. We believe that enabling $BORING to utilize the gateway will enhance its usability within the ecosystem and promote greater adoption among users and developers alike. Furthermore, since $BORING is a non-upgradable token, the registration via a governance process reflects an important oversight and risk management measure. This action is a straightforward and low-cost initiative that aligns with our goals of increasing ecosystem composability and supporting the continued growth of the Arbitrum platform. We voted in favor because we recognize the potential impacts on ecosystem innovation and user engagement.
- Proposal: Updating the Code of Conduct & DAO’s Procedures
- Voting type & platform: Offchain - Snapshot
- Vote: For
- Reasoning: Our team believes that formalizing the updated Code of Conduct and DAO’s Procedures is essential for enhancing our governance framework. We voted in favor because the revisions introduced important mechanisms, such as a more structured process for replacing committee members and allowing self-voting with proper disclosures. These adjustments reflect our commitment to accountability and transparency within the DAO. Following a successful trial period, we acknowledge the necessity of these updates to ensure the continued effectiveness and integrity of our governance practices. As a group, we feel that these changes position us well for future challenges and opportunities within the Arbitrum ecosystem, solidifying our operational foundation.
- Proposal: [Constitutional] AIP: Disable Legacy Tether Bridge
- Voting type & platform: Offchain - Snapshot
- Vote: For
- Reasoning:Our team believes that disabling the legacy Tether bridge is a sensible step forward for the Arbitrum ecosystem. The majority of USDT volumes have already transitioned to the USDT0 bridge, rendering the legacy option largely obsolete. We recognize that this transition helps streamline operations and reduce potential issues related to liquidity and maintenance. By closing the legacy bridge, we can focus resources on enhancing newer and more efficient bridging solutions that align with the current needs of our users. Thus, we are confident that this decision represents a prudent and timely move in support of Arbitrum’s evolving infrastructure.
- Proposal: Consolidate Idle USDC to the ATMC’s Stablecoin Balance
- Voting type & platform: Offchain - Snapshot
- Vote: For
- Reasoning:Our team believes that consolidating idle USDC into the ATMC’s stablecoin balance is a strategic move that aligns with our goals of maximizing resource utilization and enhancing yield generation. By sweeping these idle assets from various budgets, we ensure they are put to work effectively, generating potential returns for the DAO. We affirm that this proposal does not revoke any previously authorized budgets, merely reallocating funds to a consolidated and potentially more impactful initiative. This approach enhances our operational efficiency and allows for better management of our treasury resources. As a group, we appreciate the thoughtful adjustments made to this proposal and highlight the necessity for ongoing transparency in fund allocation within the ATMC. This will foster trust and confidence among stakeholders while upholding our commitment to prudent financial management. Thus, we voted in favor as it represents a step toward a more agile and revenue-generating framework for the DAO.
- Proposal: Entropy Advisors: Exclusively Working with the Arbitrum DAO, Y2-Y3
- Voting type & platform: Onchain - Tally
- Vote: For
- Reasoning: Our team supports the renewal of the exclusivity and service provider agreement with Entropy Advisors for another two years. We believe that Entropy’s ongoing contributions have significantly enhanced Arbitrum’s operational frameworks and ecosystem initiatives. While we acknowledge that the requested funding is substantial, we view this as an essential investment in the success of the DAO. The experience and expertise that Entropy brings help fortify our governance structures and strategic initiatives. We believe that continuing this partnership is crucial for maintaining momentum and achieving our long-term goals together. We voted in favor, confident in Entropy’s ability to deliver high-quality results that align with Arbitrum’s mission.
- Proposal: [Non-Constitutional] - Updates to the DIP, The Complete 1.7 Version
- Voting type & platform: Offchain - Snapshot
- Vote: For: Upgrade to v1.7
- Reasoning: We voted in favor, but we still have some disagreements regarding the threshold increase. we recognize the importance of adapting the Delegate Incentive Program to better reflect the current ecosystem and operational needs and we appreciate the efforts made by the Seed team in incorporating feedback, making these changes, and re-engaging delegates who may have felt disenchanted.
- Proposal: [CONSTITUTIONAL] Register $BORING in the Arbitrum generic-custom gateway
- Voting type & platform: Onchain - Tally
- Vote: For
- Reasoning: Our team believes that registering $BORING in the Arbitrum generic-custom gateway is a strategic move that aligns with our broader goals of expanding the ecosystem and removing unnecessary barriers for token integration. We reaffirm our vote in favor because this step not only facilitates a smoother transition for projects seeking to join the Arbitrum platform but also signals our commitment to fostering innovation within the community.