Thank you to the team for this proposal and all the work that went into it. I’ve gone through the proposal and a part of the discussion and wanted to offer some respectful thoughts for consideration before the vote.
Committee composition & process
Why was this specific committee selected? What motivations and criteria will guide wallet eligibility decisions?
Since I don’t want to just criticize but offer an alternative, I propose the following in order to improve transparency and broader representation. I’d suggest including delegates collectively as a member of the committee. Their vote could count as two votes, with a 4/5 majority required for approvals. Delegate votes could be gathered via a 3-day Snapshot vote, with the majority position — regardless of turnout — being cast as their collective vote.
As an additional or alternative mechanism, introducing soft DAO signaling via Snapshot before a new season begins could help surface community alignment and increase confidence in the committee’s decision-making, even if such votes are non-binding.
While I understand and appreciate the importance of governance minimization, I believe it should not come at the expense of effectiveness — let alone the long-term sustainability of the DAO
On goals vs. execution
The goals outlined (e.g. becoming the top venue for lending a stablecoin) are ambitious and valuable. That said, I believe we need greater focus on how these goals will be executed. The strategy, mechanics, and iterative structure behind achieving these outcomes will be critical, especially in such a high-budget program. Clarity around how success is defined and how programs will adapt is essential.
Budget clarity
I’m still trying to fully understand the rationale behind the 80M ARB budget. I’d appreciate more detail on how this number was determined, what portion is expected to go to operations vs. incentives, and how the capital efficiency of the program will be measured.
I’ll continue reviewing the proposal more deeply before the vote, with the goal of offering feedback that’s as thoughtful and useful as possible. Thank you again to everyone pushing forward this important discussion for Arbitrum’s future.