The following reflects the views of L2BEAT’s governance team, composed of @krst and @Manugotsuka, and is based on our combined research, fact-checking, and ideation.
We voted FOR.
Despite our previous position on an earlier version of this proposal, we have decided to support it, as there is currently no alternative that meaningfully addresses Arbitrum’s quorum issues (or other issues mentioned in our post). While the DVP-based model introduces trade-offs, it is the only concrete, technically viable adjustment available at this time to improve governance operability under current conditions.
However, we want to reiterate that this change primarily alleviates symptoms rather than addressing the root cause of low delegation, which remains a structural concern. With only a small percentage of ARB holders participating and voting power already concentrated, this model may further reinforce the issues we are already observing in the governance.