Constitutional AIP: Proposal to adopt Timeboost, a new transaction ordering policy

To further the conversation on the impact Timeboost may have on DAO revenue as well as LPs, we want to point everyone in the direction of an ARDC deliverable we just published.

This was not an explicit ask for Blockworks Research to do, but we felt with the recent discourse/concern around Timeboost, it was important for us to put this out there.

TL:DR - We estimate that Timeboost could have led to an additional $19m to $95m increase in annual DAO revenue, implying 33-162% growth over the previous twelve months. We believe Timeboost is a net-positive for Arbitrum DAO value capture and that Arbitrum One LPs should still outperform LPs on competing chains. Additionally, we believe the DAO may want to consider a Timeboost Committee to closely monitor Timeboost activity and onchain market conditions, so that it can make informed decisions on adjustments to Timeboost’s parameters in the future.