Due to the fact that Tether has switched to its USDT0, they want to close the official bridge from Arbitrum
In principle, nothing prevents it from being left, but it is possible that there may ultimately be a problem with liquidity, so it is better to remove it.
I have already written about this on social networks - this is the transfer of all excess funds from other programs, where USDC remained, to the new ATMC committee, responsible for treasuries
Although I do not like that ATMC will essentially be managed by Entropy, the idea itself is good - USDC needs to bring profit
I wrote a fairly long and very detailed post outlining, point by point, how all the proposed changes will only lead to further centralization of power and rewards going exclusively to large delegates, which will reduce engagement and discussion on the forum.
I believe the original goals of the program are fundamentally opposed to these new changes
I have always adhered to a fair assessment of the actions of each participant of the Arbitrum community and I value every contribution, even small ones.
But I will never remain silent if too large sums are given away left and right, as in this case - millions of dollars are spent on something that worked practically for free (albeit not so effectively).
I believe that these funds are actually taken from all token holders, i.e.
the ability to pay gas in Orbit chains with any token
There are a few changes compared to mainnet, but they are minor and don’t really affect how the chain works.
The update will happen after the mainnet upgrade
possibility to pay for gas in Orbit chains with any token
The launch will be after the update on the mainnet
The team answered my questions on technical issues, however, not all the answers satisfied me in terms of decision-making, but at the moment they do not affect the chain’s operation in any way
Overall, I see this option as an interesting alternative to the current version of the DIP.
One of the key advantages of this option is the complete lack of bias on the part of the program manager - PM simply doesn’t influence anything, and rightly so - PM simply organizes all the procedures and process payments.
Bringing the delegate incentive program into a competitive environment is an important step toward improving the program - without it, any program will simply be a proxy for the will of the Arbitrum Foundation.
The minimum fee for L2 calculations is being increased from 0.01 to 0.02 gwei.
At the same time, the threshold for automatic gas price increases is being increased (it increases during peak loads).
This will not significantly increase transaction costs during normal times, but will prevent sharp price spikes during peak loads - an excellent solution for both Arbitrage and users.
Offchain Labs also has a two-year mandate to adjust these parameters.