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.
May 2, 2024
2 Polls Closing
[1] GovHack at ETH CC (Brussels)
Vote: For
As a university society, we deeply understand how hackathon is essential to encourage hans-on experience.
[2] Grant Request - Curve Finance
Vote: For
Curve has been the backbone of DeFi since the beginning. We believe this funding will help increase the liquidity in the Arbitrum ecosystem.
May 9, 2024
1 Poll Closing
Proposal for Approval of DeDaub as the ADPC Security Advisor
Vote: For
The budget is reasonable, and the candidate has more than enough background.
May 15, 2024
1 Poll Closing
Pilot Phase: M&A for Arbitrum DAO
Vote: For
We believe in the power of investing, such as M&A. This will help Arbitrum acquire resources instantly in deals that seem fit.
May 27, 2024
18 Poll Closing
[1] MUX STIP Bridge Challenge
Vote: Abstain
We believe that the asking amount is too much.
[2] Stargate STIP Bridge Challenge
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[3] Solv STIP Bridge Challenge
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[4] Sanko GameCorp STIP Bridge Challenge
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[5] Tide STIP Bridge Challenge
Vote: Abstain
We believe that the proposal is not possible to execute and/or not reasonable.
[6] KyberSwap STIP Bridge Challenge
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[7] Gains Network STIP Addendum
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[8] Boost (Prev. RabbitHole) STIP Addendum
Vote: Abstain
We believe that the asking amount is too much.
[9] Thales Protocol STIP Addendum
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[10] Savvy DAO STIP Addendum
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[11] Stake DAO STIP Addendum
Vote: Abstain
We believe that the proposal is not possible to execute and/or not reasonable.
[12] Furucombo STIP Addendum
Vote: Abstain
We believe that the proposal is not possible to execute and/or not reasonable.
[13] Socket Bridge STIP Addendum
Vote: Abstain
We believe that the proposal is not possible to execute and/or not reasonable.
[14] Angle DAO STIP Addendum
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[15] OpenOcean STIP Addendum
Vote: Abstain
We believe that the proposal is not possible to execute and/or not reasonable.
[16] Thetanuts Finance STIP Addendum
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[17] Dolomite STIP Addendum
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
[18] Umami Finance STIP Addendum
Vote: Approve funding
We believe that the proposal is possible to execute and the asking amount is reasonable.
May 28, 2024
2 Polls Closing
[1] Arbitrum Multi-sig Support Service (MSS)
Vote: FOR - Implement MSS and Reporting
We support this proposal since a structured multi-sig framework will reduce operational spending and increase proposal efficiency. This will solve unnecessary overload.
[2] Streamlining the LTIPP Bounties
Vote: For
LTIPP includes a lot of protocols; creating a system will help increase efficiency and reduce unnecessary workload.
May 31, 2024
1 Poll Closing
Kwenta x Perennial: Arbitrum Onboarding Incentives
This proposal will onboard Kwenta users onto Arbitrum as Kwentra has proven itself to be a successful protocol since its launch on Optimism.
On Tally
May 5, 2024
Double-Down on STIP Successes (STIP-Bridge)
Vote: Against
Forwarding the rationale from the Snapshot phase:
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.
May 19, 2024
GovHack at ETH CC (Brussels)
Vote: For
Forwarding the rationale from the Snapshot phase:
As a university society, we deeply understand how hackathon is essential to encourage hans-on experience.
May 28, 2024
Grant Request - Curve Finance
Vote: For
Forwarding the rationale from the Snapshot phase:
Curve has been the backbone of DeFi since the beginning. We believe this funding will help increase the liquidity in the Arbitrum ecosystem.
On Snapshot
June 12, 2024
Election of STEP Program Manager
Vote: steakhouse.financial
After reading all the applicants, we believe that steakhouse.finance seems the most suitable.
[NON-CONSTITUTIONAL] Pilot Phase: Arbitrum Ventures Initiative
Vote: Abstrain
We believe that, as of now, it’s not the right time to establish a venture arm. It’s not that we are against the idea but more that we are unsure where the proposal will lead. Thus, we voted abstain.
June 14, 2024
AIP: BoLD - permissionless validation for Arbitrum
Vote: For
We believe that permissionless validation is essential to the Arbitrum ecosystem. This will enhance security and mitigate the risk of delay attacks. We should take security very seriously.
AIP: Funds to bootstrap the first BoLD validator - Bond sentiment.
Vote: For
This is a continued proposal from the above. We are already in support of permissionless validation. Therefore, we voted “for”.
AIP: Funds to bootstrap the first BoLD validator - Operational cost sentiment.
Vote: For
This is a continued proposal from the above. We are already in support of permissionless validation. Therefore, we voted “for”.
June 18, 2024
Pilot Stage – Treasury Backed Vaults research and development
Vote: Against
This proposal creates unnecessary risks for Arbitrum. We do not see any problem with distributing rewards in native $ARB tokens.
June 20, 2024
[Non-Constitutional] Betting on Builders: Infinite Launchpad Proposal
Vote: Against
This proposal creates unnecessary risks for Arbitrum. We believe that the goal of Arbitrum is not to be a venture building platform.
June 27, 2024
ArbitrumHub Evolution: The Next Step in Streamlining Information Access and Raising Awareness for Arbitrum DAO
Vote: Against
We believe in the idea of this proposal, however, the cost is too expensive. For this reason, we are voting against it.
June 28, 2024
Multisig Support Service (MSS) Elections
Vote:
[16.7%]
Griff Green
StableLab
Frisson
[8.3%]
PGov
JoJo
Cattin
Disruption Joe
The Block
404 DAO
We chose these weightings for individuals or organizations based on their contributions to the Arbitrum ecosystem.
On Tally
June 4, 2024
Front-end interface to force transaction inclusion during sequencer downtime
Vote: For
Forwarding the rationale from the Snapshot phase:
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.
Pilot Phase: M&A for Arbitrum DAO
Vote: For
Forwarding the rationale from the Snapshot phase:
We believe in the power of investing, such as M&A. This will help Arbitrum acquire resources instantly in deals that seem fit.
Catalyze Gaming Ecosystem Growth on Arbitrum
Vote: Against
Forwarding the rationale from the Snapshot phase:
We support the Gaming Catalyst Program’s intent to enrich Arbitrum’s gaming ecosystem. However, the requested 200m ARB is way too much. While we acknowledge the potential of gaming to enhance L2 competitiveness, we remain sceptical about its ability to deliver proportional value for such a significant investment.
June 9, 2024
Constitutional AIP - Security Council Improvement Proposal
Vote: For
This proposal creates more safety for the users. A similar implementation was implemented on Optimism. We believe this is the way it should move forward.
June 10, 2024
ArbitrumDAO Contribution; Safeguarding Software Developers’ Rights
Vote: For
Forwarding the rationale from the Snapshot phase:
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
June 25, 2024
Kwenta x Perennial: Arbitrum Onboarding Incentives
Vote: For
Forwarding the rationale from the Snapshot phase:
This proposal will onboard Kwenta users onto Arbitrum as Kwentra has proven itself to be a successful protocol since its launch on Optimism.