The following reflects the views of L2BEAT’s governance team, composed of @krst and @Manugotsuka, and is based on their combined research, fact-checking, and discussion.
We voted FOR.
We supported both components during their respective offchain votes (PGA & Fast feed), and we continue to support them now that they have been combined into a single onchain proposal.
Our view remains that this direction can make Arbitrum’s transaction ordering market more accessible and easier to participate in, while still allowing the DAO to capture value from priority demand. The anti-starvation mechanism is also important, as a more competitive priority market should not come at the expense of regular users.
We also think the Fast Feed can turn economically valuable ordered transaction data into a transparent revenue product for the DAO, without changing transaction ordering, inclusion guarantees, or the fees paid by regular users.
Before the offchain votes, we asked our Research Team to review both proposals. They did not identify material issues with the PGA transition, and their view on the Fast Feed was that it may create some MEV opportunities, but not the harmful frontrunning or sandwiching behavior that would be more concerning.
For these reasons, we are reaffirming our support.