Bristol Blockchain Society
Wallet Address or ENS
bristolblockchain.eth | 0x43d3938ebd74106e2d177f9a304c1e9f914f2b52
Twitter Profile: @Bris_Blockchain
Email: blockchainbristol@gmail.com
Linktree: @bristolblockchain
Tally Profile: bristolblockchain.eth
Snapshot Profile: Snapshot
Delegate Statement: Link
March 2, 2024
1 Poll Closing
AIP: ArbOS 20 “Atlas” - Arbitrum Support for Dencun + Batch Poster Improvements
Vote: For
This proposal enables the use of EIP 4844 to post batches of L2 txns on L1 Ethereum at cheaper price thus reducing the gas fees. Others L2s already implemented this change, we are in support of this proposal.
March 7, 2024
1 Poll Closing
[Non-constitutional] Proposal to fund Plurality Labs Milestone 1B(ridge)
Vote: For
We are very supportive of this proposal and truthfully believe in the value that funding can create. Creating “the most robust pluralistic grants ecosystem in DAO history” will be challenging, and you will make mistakes. We appreciate that you admitted your mistakes and proposed a solution for them; that is why we are improving.
It takes time to see another 250+ projects succeed. However, as long as Arbitrum still exists and has the proper structure/vision, that time will come.
March 12, 2024
5 Polls Closing
[1] ARDC Research Member Election
Vote: 75% for Blockworks/Delphi Digital, 25% for The Block
We believe that both of the options will suit the role well. However, we weighted Blockworks and Delphi Digital more based on the active participation of Blockworks Research in the Arbitum DAO and the JV between the two firms.
[2] ARDC DAO Advocate Election
Vote: 100% for L2BEAT/Ant Federation
L2BEAT actively participates in the Arbitrum DAO, commenting, proposing ideas, and creating proposals, making them well-suited for the ARDC DAO Advocate role.
[3] ARDC Security Member Election
Vote: 40% for Trail of Bits, 40% for OpenZeppelin, 10% for Halborn, 10% for Nethermind
We believe that OpenZeppelin and Trail of Bits, with their undisputed expertise in security research, deserve a significant share of the vote. Recognising the importance of nurturing a diverse security landscape, we also support emerging firms like Nethermind and Halborn.
[4] ARDC Risk Member Election
Vote: Elect Chaos Labs.
There is no other option.
We’ve seen the quality of their work firsthand during Aave’s market risk assessment. Their insights and precision in risk evaluation are essential for Arbitrum DAO.
[5] [Non-Emergency Action] Fix Fee Oversight ArbOS v20 “Atlas”
Vote: Set L1 Surplus Fee and L2 minimum
This proposal seeks to adjust Arbitrum’s fee structure to reflect Ethereum’s Dencun upgrade changes. It proposes reducing the L1 surplus fee to 0 and the L2 base fee to 0.01 gwei, aligning with Arbitrum Nova’s settings. While it’s expected to reduce short-term revenue for the ArbitrumDAO, we believe that it will create long-term benefits through increased transaction volume.
March 18, 2024
1 Poll Closing
Request for Continuation of the Arbitrum DDA Program Request
Vote: For
We support the continuation of the Questbook’s Arbitrum Delegated Domain Allocation Program. The initial phase has already shown significant success by distributing $912k to over 60 innovative projects, demonstrating tangible value to the ecosystem. Advancing with a $4m budget dedicated to domain-specific allocations will open new doors for the development of niche products and also welcome fresh talents.
March 20, 2024
1 Poll Closing
[Non-Constitutional AIP] Front-end interface to force transaction inclusion during sequencer downtime
Vote: For
We support this proposal for enhancing trust and censorship resistance in the Arbitrum ecosystem. Enabling users to submit transactions directly on L1 during Sequencer outages ensures uninterrupted access and aligns with Arbitrum’s commitment to decentralisation.
March 22, 2024
1 Poll Closing
Catalyze Arbitrum Gaming: HADOUKEN!
Vote: Abstain
We support the Gaming Catalyst Program’s intent to enrich Arbitrum’s gaming ecosystem. However, the requested 200m ARB seems excessive given the current market valuation, approximately $350m. While we acknowledge the potential of gaming to enhance L2 competitiveness, we remain skeptical about its ability to deliver proportional value for such a significant investment.
March 27, 2024
2 Polls Closing
[1] Expand Tally Support for the Arbitrum DAO
Vote: For
Tally’s proposal to expand support for the Arbitrum DAO is significant for ensuring efficient, inclusive, and scalable governance within the Arbitrum ecosystem. Their history as a reliable service provider and their commitment to enhancing the proposal process and governance infrastructure demonstrates a clear alignment with Arbitrum’s decentralised ethos. We love Tally!
[2] [Non-constitutional] Proposal to fund Plurality Labs Milestone 1B(ridge)
Vote: For
Forwarding the rationale from the Snapshot phase:
We are very supportive of this proposal and truthfully believe in the value that funding can create. Creating “the most robust pluralistic grants ecosystem in DAO history” will be challenging, and you will make mistakes. We appreciate that you admitted your mistakes and proposed a solution for them; that is why we are improving.
It takes time to see another 250+ projects succeed. However, as long as Arbitrum still exists and has the proper structure/vision, that time will come.
March 30, 2024
1 Poll Closing
Double-Down on STIP Successes (STIP-Bridge)
Vote: Against
We’re leaning towards supporting the idea behind the STIP Bridge proposal, which aims to ensure key projects remain on Arbitrum amidst competition. However, the rush to advance this proposal has left us with too many unresolved questions and a sense of ambiguity about its implementation details. Until a clear and more detailed revision is presented, we’re hesitant to fully back it.
April 6, 2024
1 Poll Closing
Arbitrum Stable Treasury Endowment Program
Vote: For
We support the idea of using the treasury to generate stable income. By investing in assets with minimal volatility and providing yield that is uncorrelated to crypto markets, the proposal will generate a reliable source of income.
April 12, 2024
2 Polls Closing
[1] Empowering Early Contributors: The community Arbiter Proposal 2.0
Vote: For
We strongly believe that earlier Arbiter should be compensated for what they had done.
[2] Expand Tally Support for the Arbitrum DAO
Vote: For
Forwarding the rationale from the Snapshot phase:
Tally’s proposal to expand support for the Arbitrum DAO is significant for ensuring efficient, inclusive, and scalable governance within the Arbitrum ecosystem. Their history as a reliable service provider and their commitment to enhancing the proposal process and governance infrastructure demonstrates a clear alignment with Arbitrum’s decentralised ethos. We love Tally!
April 15, 2024
77 Polls Closing
These polls were related to the LTIPP Council’s Recommended Proposal. We voted “For” for 69 of the proposals. For the remaining 8, we voted “Abstain” because we share some of the council’s concerns.
Primex LTIPP Council Recommended Proposal
Pike LTIPP Council Recommended Proposal
Orderly Network LTIPP Council Recommended Proposal
Mountain Protocol LTIPP Council Recommended Proposal
Knights of the Ether LTIPP Council Recommended Proposal
Fiat 24 LTIPP Council Recommended Proposal
DeltaPrime LTIPP Council Recommended Proposal
Steadefi LTIPP Council Recommended Proposal
April 20, 2024
1 Poll Closing
Request for Continuation of the Arbitrum DDA Program
Vote: For
Forwarding the rationale from the Snapshot phase:
We support the continuation of the Questbook’s Arbitrum Delegated Domain Allocation Program. The initial phase has already shown significant success by distributing $912k to over 60 innovative projects, demonstrating tangible value to the ecosystem. Advancing with a $4m budget dedicated to domain-specific allocations will open new doors for the development of niche products and also welcome fresh talents.
April 25, 2024
3 Polls Closing
[1] Delegate to Voter Enfranchisement Pool — Event Horizon
Vote: For
We agreed that voting power is fragmented among the delegates, especially the small delegates. We hope this proposal helps distribute the voting power back.
[2] Subsidy Fund for Security Services
Vote: 100% for 1 cohort of 8 weeks, $2.5M fund
We believe in the idea of a security audit subsidy fund; thus, we are voting in favour. As the first trial, we think a 1 cohort with $2.5M would be a good starting point.
[3] Safeguarding Software Developers’ Rights & the Right to Privacy
Vote: 100% for Fund with 500,000 ARB each
We think that, as the leader in the industry, Arbitrum should stand in a position to support these efforts. Software developers should be able to contribute to the development and subsequent deployment of open-source permissionless software without the risk of getting legal challenges.