Delegate Statement Template

Governance Delegate Statements
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421

Name: D Lin
Address: 0x6A046fCc07D608C0d5a4c839C9e3Dc8592B1F8aC
Tally: Tally | 0x6A04...F8aC

Areas of interest:

  • Improving Governance participation
  • Supporting Infrastructure
  • Tooling, Improving protocol decentralization

Please share your stance on overall goals for the DAO:
As a prospective delegate for the DAO Arbitrum blockchain, my overall goal is to promote the growth and development of the community while ensuring that the interests of all members are represented. To achieve this, I believe that the DAO should prioritize initiatives that foster liquidity and encourage participation from a diverse range of stakeholders.

While liquidity mining can be a powerful tool for incentivizing participation and building momentum, I believe that it should be approached cautiously and with a long-term perspective. In my view, the primary goal of the DAO should be to create a sustainable and resilient ecosystem that can weather market fluctuations and adapt to changing conditions.

Regarding the issues that have been raised in other communities, I believe that it’s important to take a proactive and collaborative approach to addressing concerns and building trust. By engaging with members of other communities in a respectful and constructive manner, we can cultivate a culture of cooperation and mutual benefit that benefits everyone involved.

Ultimately, my stance on these issues is guided by a commitment to transparency, inclusivity, and responsible stewardship of the resources and assets entrusted to the DAO. As a delegate, I would work tirelessly to ensure that the community’s interests are represented and that the DAO continues to thrive and grow over the long term.

Sample Voting Issue 1:
As a delegate, I would vote against the Uniswap proposal as it currently stands. While I believe that bounties can be an effective way to attract new users to Uniswap, the proposal gives Flipside crypto too much control over the allocation of UNI and oversight of the program. In my view, this could lead to centralization of power and create an unfair advantage for Flipside.

Sample Voting Issue 2:
As a delegate, I believe that the Rari hack reimbursement situation is a complex issue that requires careful consideration and a nuanced approach. While I sympathize with those who were affected by the hack, I believe that it’s important to weigh the potential benefits and drawbacks of reimbursement carefully.

In my view, the decision of whether or not to reimburse parties affected by an exploit should be based on a number of factors, including the severity of the exploit, the impact on the community, and the feasibility of reimbursement. In some cases, full reimbursement may be appropriate if the exploit was particularly damaging or if it was the result of a systemic issue within the platform. However, in other cases, it may not be feasible or appropriate to provide full reimbursement.

Ultimately, I believe that the decision of whether or not to reimburse parties affected by an exploit should be made on a case-by-case basis, taking into account the unique circumstances of each situation. As a delegate, I would work to ensure that the interests of all members of the community are represented fairly and that decisions are made in a transparent and responsible manner.

Languages I speak and write:
English

LFG ARBITRUM! :blue_heart::orange_heart:

1 Like
422

Please share your stance on overall goals for the DAO:
eg — how aggressive should we be in liquidity mining, what is the goal of the DAO?

  • Majority of current DAOs aren’t able to deliver on the true nature of being fully autonomous, but as stated, Arbitrum has made it to the second stage of the Vitalik Schema, therefore, there is much more confidence in the direction that Arbitrum is headed.
  • Liquidity mining is an effective way to lend and help with growth of an ecosystem, but it’s not the only way to provide back to a DAO, so a moderately aggressive approach should be sufficient based on current demand for Arbitrum. Prime example is the $ARB token being airdropped to early adopters, which will eventually be used more of what it was created for, i.e. governance, and less about price/speculation.
  • The ultimate goal of the DAO is to form a tight community of like-minded believers who want to see the overall health, growth, and development of Arbitrum be successful for centuries to come. This begins with a thoughtfulness about who is included into the DAO, and continual progress to obtain full decentralized and autonomous governance (I’m so excited for this feature in Arbitrum already… yayyy!)

Sample Voting Issue 1:

Prompts to Answer:

  1. How would you vote?
    For

  2. What amendments would you make to the proposal if any?

  • Adjust the allocation of seats for Flipside so as to not heavily weight biased opinion across two committees, or only allow flipside to hold either 2 max seats on allocation or 1 seat on oversight
  1. How would you approach the tradeoff between centralization of authority and the ability to get things done?
  • In a DAO, your tokens, transaction history and your time are your votes. If you are an active member based on time stamp data and you carry many tokens/time spent on a platform, then members of the DAO that fit this bucket should lead (tradeoff would be that passionate, lower voting weight members may bring valuable feedback, yet don’t have the power to implement changes).
  • Votes locked in by a DAO, whos overall main focus and voting patterns led to proposals to further the ecosystem, with the very heart of each vote being about decentralization then I think that prevents too much power by a centralized entity. So as people become a part of the DAO, values/morals would/should be the first thing voted on.

Sample Voting Issue 2:
Split Reimbursement

The crypto space is riddled with good and bad actors, and when hacks happen, most of the time the protocol that gets hacked is then FUDDED without regard for community members who are now negatively effected monetarily and emotionally. Trust can be lost instantly, so to instill/maintain trust happens based on how protocols respond in these situations. Either they support those who support them or they don’t. If web2 legacy systems can see where crypto faces adversity, but they always rise above it based on strength of community and having a DAO that is autonomously reimbursing members affected, almost instantaneously via secure blockchain transactions, then this may show legacy systems the power of quick payments and loyalty between protocols and community members. Split reimbursement helps to keep the protocol afloat while also mending the bridges that may be fractured by community members. My quick one liner is: investors/community members took on risk, then the risk had a bad outcome, yet their involvement helped the protocol, then at that point the protocol + community should support each other - $ going back to the protocol to recoup losses, and some $ as token of support should go back to community members even if not all of it is returned.

Disclosure of Conflict(s) of Interest
None

1 Like
423

Hi I’m Fin4DAO

My address is fin4dao.eth // 0x1AEC250C13b1214C4B9935Db3C8a7610fdAaE8dD
and my Tally Profile Tally | Fin4DAO

I will mainly share my knowledge and practical experience in

  • Improving Governance participation
  • Tooling, Improving protocol decentralization

My idea of our community is to deepen the dominance of Arbitrum in the eth-native 2nd layer space. Arbitrum will be used as the global settlement layer for normal citizens while eth mainnet will be used by states/ state layers and big institutions (I wish it was different/ that I’m wrong re eth mainnet, but let’s capitalize on it). We have the chance to establish a truly neutral governance structure for the people, which can be easily interacted with. We should take that chance!

Sample Voting Issue 1:
In its current form I’d vote against the proposal.
Every project-allocation in a decentralized organization is an educated guess on the result/ profitability. If the risk/result profile is favorable, the contributors should entrust the grantees with funding.
In this case we have good Action Points, but we have too many trade-offs on the softs. Mainly accountability and transparence (and using yield for calculations lol), making it unfavorable in my view.
You could change it up by creating a UNI contributor native task group and inviting delegates of Flipside to revise it in UNIs interest. “Centralized” working groups focussed on specific tasks are not a problem though.
On a sidenote: Most Ivy University groups have a history of grifting crypto (#education-fund).

Sample Voting Issue 2:
I’d like to cut this answer short by saying that consciously perceived risk (i.e. apeing into a strategy that uses a new farm with high yields despite disclaimers) should not be reimbursed, while it is in the interest of the protocol to re-establish trust if infrastructure breaks where it wasn’t supposed to break, given a normal third party risk evaluation. I think Yearn has good reimbursement practices.

Languages I speak and write: English, German, (Chinese beginner)

Disclosures:
I am invested in the whole crypto landscape, but I don’t think there are any specific conflicts of interest.

1 Like
424

Name: Nattapong

Wallet: 0xecccf0273484e0c70fd60c6689d764bc808e8744

Tally: Tally | fewrag2

Areas of interest:

  • Public Goods funding
  • Tooling, Improving protocol decentralization

Please share your stance on overall goals for the DAO:

  • DAO is a most important element in our WEB 3.0. it is the future. Real decentralization and security and decisions DAO participants make.

Sample Voting Issue 1:

  1. Against
  2. The balance of voting power should be guaranteed. We seek decentralization.
  3. Initial equal and fair distribution between active participants, more power for useful for DAO actions. Strong DAO participants will be able to keep DAO healthy.

Sample Voting Issue 2:

  1. Split Reimbursement
    Based on contribution, parties involvement, and available funds. Maybe yes but with vesting. Split reimbursement can help in such envinronment.

Languages I speak and write:

  • English, Thai

Disclosure of Conflict(s) of Interest:

  • no conflicts
1 Like
425

**Name (organization or individual)
Vlados

**Wallet Address or ENS
0x9cf3561898cf4f56d814eed48427da45ff71f0aa6b5b0b103156a4eefad6f9be

0x3C3e95C54fB1Aa354d64A28A41Ec23a2060D570F

**Tally Profile URL (create a profile here )
/profile/0x3c3e95c54fb1aa354d64a28a41ec23a2060d570f

What area are you most interested in contributing to? choose up to two tags:

  • NFT development on Arbitrum
  • Gaming development on Arbitrum

Please share your stance on overall goals for the DAO:
MAX AGGRO

Sample Voting Issue 1:

  • Uniswap planned to use Flipside to attract new users to Uniswap through bounties. Although the program outline and funding was fine, the proposal was contentious because it gave Flipside crypto too much control over allocating UNI to bounties and oversight of the entire program.
  • For instance, Flipside had 3/7 seats on the allocation committee and 1/3 seats on the Oversight committee. There was also concern since none of the other analytics service providers were involved in the proposal.
  • This proposal flew under the radar but at the 11th hour got very heated. Large votes from university clubs supported the proposal since they would get a seat on the allocation committee. However, Dune and Leshner spoke up about the issue because of the centralization of power and favor of one service provider.

Prompts to Answer:

  1. How would you vote?
    Against
  2. What amendments would you make to the proposal if any?
    Nothing
  3. How would you approach the tradeoff between centralization of authority and the ability to get things done?

With my buddy’s from BDC

FEI RARI Hack Reimbursement: In April 2022 Rari was hacked for 80M, a vote was passed to reimburse those affected. Then in May 2022 another vote to refund the Rari hacked was brought forward this time it was not passed.

Prompts to Answer:

Outside the flipping of the vote, how would you choose to handle this situation?
i.e should parties be reimbursed for an exploit or not? (Please choose one of the below options and then elaborate upon your reasoning)

  1. Full Reimbursement
  2. No Reimbursement
  3. Split Reimbursement
    Please elaborate on what instances you believe it is right to refund and which are not.

Languages I speak and write:
RU. EN
Disclosure of Conflict(s) of Interest:
Diversity of opinions is critical to making progress and determining the future direction of the
Arbitrum ecosystem. We recognize and celebrate the fact that delegates will have diverse views and we both encourage and anticipate good-faith debates in the governance process. That being said, it’s critical that all featured delegates are operating with Arbitrum’s best interest in mind, so please affirm that you don’t have any conflicts of interest that would prevent you from using your best judgement to operate in the best interests of advancing the Arbitrum ecosystem.

426

Name: Akharito (Individual)

ENS: akharito.eth

Tally: Tally | akharito.eth

Areas of interest:

• Improving Governance participation
• Supporting Infrastructure
• DeFi development on Arbitrum
• Tooling, Improving protocol decentralization

Please share your stance on overall goals for the DAO:

The major purpose of a DAO is supporting real decentralization, development and health of the Arbitrum rollup. DAO members should focus on technical support, governance participation, supporting infrastructure, tooling, Improving protocol decentralization to encourage the development of a Arbitrum ecosystem and ARB token in particular. Health and long-term sustainability of such a great project as Arbitrum shoul be in focus during any voting steps of all DAO members who are interested in Arbitrum further success.

If Arbitrum truly wants to be community owned, they need to have an oversight over what the protocol will develop into and all the layers that are part of the Arbitrum ecosystem. However, the average voter will probably not be knowledgeable enough to vote in good faith on whether a development will be fruitful or not. One potential solution that could be explored is a technical subcommittee in charge of overseeing this side of governance, which ultimately might report back to the wider DAO. The DAO is already planning to do this with the Security Council, but this same idea could be implemented in other technical areas.

Sample Voting Issue 1

UniSwap/Flipside Bounty

  1. How would you vote?
    For

To support system stability and health as well as to function efficiently in the long term, delegation of voting power is crucial for any DAO.

  1. What amendments would you make to the proposal if any?

I would separate the grants into ½ year or better quarterly distributions. It is especially important for large grants. Smooth money allocation makes process less stressful.

  1. How would you approach the tradeoff between centralization of authority and the ability to get things done?

One of the major problems for all DAOs is centralization/effectiveness dilemma: decisions are ultimately dependent on the DAOs’ members approval but sometimes it may be a stack for effective but non popular decision. Anyway, I am always on the side of DAO and decentralization.

Sample Voting Issue 2 -
FEI Rari Hack Reinbursement

Outside the flipping of the vote, how would you choose to handle this situation?
Please elaborate on what instances you believe it is right to refund and which are not.
i.e should parties be reimbursed for an exploit or not? (Please choose one of the below options and then elaborate upon your reasoning)

  1. Split Reimbursement

Hacks and loss of funds are to this day one of the strongest blockers we have from people trusting the space and onboarding onto it. Every time a large draining of protocol contracts occurs, the idea of the Financial Legos gets threatened, as people become less and less willing to risk connecting with other protocols.

For this reason, I believe at least a partial reinbursement is always to be considered when a protocol has decided to cooperate with you. These parties decided to entrust the security of your smart contracts, and their dedication and trust that was placed onto the protocol should be thanked by at least trying to provide some funds back. In the future, this could even be handled with DAO insurance protocols, which are already being developed in the space.

However, I would be hesitant to provide a full reimbursement when the hack has already severely impacted the protocol so badly. If the amount won’t make that much of a difference to the bottom line it makes sense to give a reimbursement, but in this particular case the double impact of the hack was so severe that this lead to one of the first instances of a DAO explicitly closing doors. 3 A full reimbursement , in terms of impact, would be the same as a second equally devastating hack.
TL;DR Provide enough compensation to thank the participants for engaging in the system, but while a full reimbursement might help these stakeholders, the impact of this action could lead to the DAO entering a negative death spiral.

Languages I speak and write:

English, Romanian, Russian, Ukrainian.

Disclosure of Conflict(s) of Interest:

I have no disclosures. I participate some DAOs which do not have any conflicts of interests.
I also applied to be a delegate on the Optimism collective, but I suppose it could not be considered a conflict of interest. Currently, I am being allocated of almost 1k OP from 6 delegators for DAO voting.
I declare that I will do my best to impact my skills and knowledges to grow and support Arbitrum ecosystem.

1 Like
428

Name:Huweiwei(individual)
ENS:business919.eth
Tally: Tally | business919.eth

Areas of interest:

  1. Public Goods funding
  2. DeFi development on Arbitrum

Stance on overall goals of the DAO:

Arbitrum DAO will be a best organization in Layer2 infrustrate.Dao is a new organization which is decentrilized and transparent in crypto.For that ,a quantity of persons are likely to accept the nature. I think the DAO should bring more decentrility and transparency to people who believe in that, including me.

Sample Voting Issue 1:
1.How would you vote?
2.What amendments would you make to the proposal if any?
3.How would you approach the tradeoff between centralization of authority and the ability to get things done?

After reading the entire plan, I think it is very good. The design of the plan is very innovative. The entire implementation plan has also been designed layer by layer, trying to be decentralized and transparent. First of all, it is beneficial to Dao to achieve risk control and cost savings as much as possible, and to take into account ecosystem development and project maintenance. Secondly, the executive countypart is designed as a coordinated and stable anti-risk organization which is also designed to be decentralized, transparent and controllable as much as possible to reduce the probability and cost of making mistakes. Finally, the purpose of the whole scheme is to serve the ecosystem, the project itself and DAO. So my position is to support the proposal. As we know,the starting point of decentralization and transparency is for the better development of the project, and the relative centralization (sometimes there is no better choice) is also to promote the healthy development of the project and the ecosystem.

Sample Voting Issue 2:
i.e should parties be reimbursed for an exploit or not?

  1. Full Reimbursement
  2. No Reimbursement
  3. Split Reimbursement

Contract loopholes lead to the theft of user assets. The first thing to do is to recover the loss. If it cannot be recovered, it is necessary to repay the user’s funds. Users believe in the product and believe that the developer of the product is responsible, so they choose to put funds on the product platform. In the event of users losses due to hacker attacks, the responsible party is responsible for solving the problem. I am in favor of full repayment.While this is not the responsibility of the user, the only responsibility of the user is to believe in the product too much.

Languages I speak and write: Chinese, English

Disclosure of Conflict(s) of Interest:
I’m one part of the discord community and an Arbitrum user.The community is also my home of working and studying. If I am elected as a community representative, I will do my best to contribute to the community, promoting decentralization,transparency,fairness and equality.Let more partners who like Arbitrum participate in. Let our DAO community develop into an arbinaut’s home!!!

2 Likes
429

Wallet Address
0x9594Dc29cb16f2DCed581Aba8E9B3f289e3E646e
Tally profile:

what area are you most instrested in:
improvment of NFT
improving Governance
please share your stance on overall goals for the DAO
personally ,liquidity isn’t a major problem, focusing on what we build will be more important than amount of liquidity.

sample Voting Issuse
against
languages ;English

1 Like
430

fizryk - individual

0xf7F262b062b2fc055f6db1A2636Fce506d6558b4

  • Public Goods funding
    1.For
    2.Nothing more

Languages I speak and write:
English and Ukrainian

I am fizryk play poker)

431

Name (organization or individual)
Fateme Zahedjoo

Wallet Address or ENS
0xb60FC3526e5B1f8862d193606E7619c6A7C4Ac19

Tally Profile URL

What area are you most interested in contributing to?
I heard about this project so much, every where, everyone speak about it, for example the first time I heard about it, there was a news about it in LinkedIn, I’m so excited to be here and a part of this project. It would be successful for sure.

Outside the flipping of the vote, how would you choose to handle this situation?
I think Full Reimbursement is suitable, because is fast and clear.

  1. How would you vote?
    For

  2. What amendments would you make to the proposal if any?
    First, I need to see the primary reaction of this project, then I can say.

  3. How would you approach the tradeoff between centralization of authority and the ability to get things done?
    The first and most important thing is security and privacy, nada mĂĄs.

Languages I speak and write: English, Spanish, persian

2 Likes
432

Name: Smark (Individual)
Tally | Smark
Wallet Address or ENS
0xddF8eB9ABE01C6bAF5f1308A3173A69F95FA6cE2

Areas of interest:

  1. NFT development on Arbitrum
  2. Supporting Infrastructure
  3. Improving Governance participation

Stance on overall goals of the DAO:

When I become a delegate, I will strive to be an involved and active member of the Arbitrum community. If I become a delegate, it would give me the opportunity to share and report better on development and management proposals. I believe in the importance of accessibility and transparency, and for me it would be a very instructive experience. As a delegate, I will devote a lot of time to the security and growth of the ecosystem. My core values, which I will be guided by when making decisions, include responsibility and transparency. I am ready to actively monitor the system and contribute using my working capacity and fulfilling my obligations. I believe in the importance of open communication and responsibility for my actions as a delegate.

Sample Voting Issue 1:

1.For
2.Nothing more
3.The decision to compensate the parties who suffered from the exploit should be made within the framework of an accountable and transparent process that involves the participation of all parties, including members of the DAO, and the affected parties. This ensures that the solution is consistent with the values and goals of the DAO.

Sample Voting Issue 2:
Split Reimbursement

It depends on how compensation will be received, if it is funny that are in reserve, it makes sense to partially reimburse, and if it is newly created tokens, then definitely not.

Languages I speak and write:
Russian, English (learning)

Disclosure of Conflict(s) of Interest:
No conflicts of interest

6 Likes
433

Name: Steven Kneppe (individual)

Wallet: 0x668f0575595caf3d0d1EA00e773c35f61206fe74

Tally Profile: Tally | 0x668f...fe74

What area are you most interested in contributing to? choose up tot wo tags:

  • DeFi development on Arbitrum
  • Gaming development on Arbitrum

Please share your stance on overall goals for the DAO:

The main goal for the DAO should be decentralization, speed and ease of transactions.
At the same time, dapps should be promoted and expanded

Languages I speak and write:
English, german

2 Likes
435

Name (organization): ITU Blockchain

ENS: itublockchain.eth

Tally Profile URL: Tally | itublockchain.eth

What area are you most interested in contributing to? choose up to two tags:
:arrow_forward: Improving Governance participation
:arrow_forward: Tooling, Improving protocol decentralization

Please share your stance on overall goals for the DAO:
Main goals of DAOs

:large_blue_circle: Decentralization:
The DAOs as it states on its name are Decentralized Autonomous Organizations. They provide the decentralization by creating an organization of individuals opposing authority. The decisions that will be made are getting decided by each one of the parties of that organization rather than an authority containing several people. By this way, a democratic and decentralized system is being made and therefore, bring out one of the main goals of the DAOs which is decentralization.

:large_blue_circle: Publicity
All the votes that were done on the chain are always visible to the others which makes a DAO more trustworthy as well as clear. Publicity is one of the key points for a DAO not only because of that but also it makes the voters be heard publicly and could give them reputation which will end up making them feel valued. Since the voters can also see other votes as well, it will also make them trust the DAO even more and it will make the DAO more eligible. Therefore the publicity is one of the main goals of DAOs since it benefits the participants as well as the DAO and creates a more trustful system.

:large_blue_circle: Association/ Community
The concept of DAOs are based on organizations which will eventually help people all around the world to come together and create an association and community in some way. By encouraging people to come together and create a shared vision, DAOs empower individuals and facilitate connections with like-minded people.

Sample Voting Issue 1:
How would you vote?
:x: Against

What amendments would you make to the proposal if any?
The proposal should limit the centralized authority of Flipside by proportioning the amounts that are going to be transferred to Flipside as well as expanding the seats on the allocations and focus on checking the overall steps to make sure to not give in too much authority into one centralized unit.

How would you approach the tradeoff between centralization of authority and the ability to get things done?
Considering the ability to get things done for being more important than decentralization is against the very first objective of the DAOs. DAOs, as it mentions on its name, are Decentralized Autonomous Organizations which means their primary focus is on being decentralized. Getting things done is also remarkably important however in order for it to be done properly, decentralization should be secured primarily. Even though at the end, Uniswap ended up attracting new users, the way it was done is against the idea of decentralization and it was done for Uniswap’s own profit. Considering that it was on behalf of Uniswap it also contradicts the idea that a DAOs main objective should be the diversity of opinions as well as decisions and the participants of the organization, not a small group of people as the authority. Overall, even though attracting new users are important, the proposal gives Flipside crypto too much control over the allocation of UNI and oversight of the program thus will eventually lead up to the system being centralized which in fact, contradicts with the main objectives of DAOs.

Sample Voting Issue 2:
Outside the flipping of the vote, how would you choose to handle this situation?
:heavy_division_sign: Split Reimbursement

The logic of reimbursement is based on trust and value. Those companies that guarantee reimbursement in situations like getting hacked, make the people who choose them feel valued and safe to trust the company no matter what since they know that they will end up with a reimbursement.

Even though it seems ethically acceptable for the companies to reimburse those affected in a situation where the company gets hacked, there is an opposition to that idea. Always expecting a refund from all the actions individuals take is not possible when it comes to blockchain. Because blockchain in general has never been something that excluded all the risks. By taking an action whether it is trading, delegating, staking etc. you are also accepting the risks beforehand including the possibility of being hacked.

However, there is another criterion to consider before deciding on the reimbursement and it is the precautions that have been taken beforehand by the company. If the company did not come up with significant security precautions and is not safe enough, then the company itself is also responsible for the money that was taken down from the people. Which will also be an opposing idea on the argument before. The company itself is not separated from the result of being hacked and many people losing money. Just like individuals, companies are also responsible for anticipating possible risks, the company is also responsible to take the necessary actions for those possible upcoming situations. This leads to the idea of split reimbursement. Reimbursement itself is a trust-providing act just as mentioned above. Nevertheless, in a situation where a company gets hacked and people become affected by that, the best possible decision to make is to give split reimbursement to the parties.

Languages We speak and write: English, Turkish as native or bilingual proficiency

Disclosure of Conflict(s) of Interest:
Since we closely follow the developments in decentralized protocols on blockchains, we can understand what is beneficial for the users. We want to help users who cannot follow these processes but have voting power to use this power correctly. And of course, since we know that our main focus is on the same page, we want to contribute to the decentralization of Arbitrum.

Unlike other delegates, ITU Blockchain is located in Turkey, the country where Europe and Asia meet. This us the advantage of providing different perspectives from different cultures and natives, which will eventually benefit the decentralization of the DAOs. We have also noticed that most of the delegates so far are from the American region. Both ITU Blockchain being the delegate and the holders/stakers choosing us as the delegate will support the diversity of ideas.

To further promote decentralization and association, an authorized team from our community will regularly follow the Arbitrum governance forums and inform the rest of the community (who are approximately 2500 members) when voting is required. Once we’re accepted into the delegation, we’ll hold small meetings on governance voting to get our community’s opinions. Ultimately, we will cast our vote according to the collective decision of the community.

To sum up, We think that a decentralized protocol will come to a much better point by being managed with the opinions and suggestions of different communities. Since ITU Blockchain comes from both Europe and Asia, unlike other delegates, different perspectives will be put together and these perspectives will develop Arbitrum.

4 Likes
436

Name: Zaibi

ENS: zaibi.eth

Tally Profile: Tally | zaibi.eth

Areas of interest:

• NFT development on Arbitrum
• Gaming development on Arbitrum

Please share your stance on overall goals for the DAO:
DAOs aim to promote decentralization, transparency, and community-driven decision-making, with the goal of creating a more democratic and efficient system of governance. They enable members to participate in the decision-making process, contribute to the success of the organization, and share in the rewards. Ultimately, the specific goals of a DAO will depend on its purpose and the needs of its members.

We can start investigating the various roles that the DAO might play in the larger Arbitrum ecosystem from this question, as well as the careful balancing act that comes with each choice.

These are but a few instances of DAO objectives; naturally, there are countless other things that may be done.

How would you vote?
For
Delegation of voting power is necessary for any DAO to be able to function efficiently in the long term. Even though it brings a degree of centralisation, as long as they do not control an excessive amount of the larger DAO and they have sufficient accountability measures it’s a good initiative.

What amendments would you make to the proposal if any?

Divide the funding into quarterly payments. I don’t think it’s a good idea to simply divide a 25 million dollar allocation between years 1 and 2.

How would you approach the tradeoff between centralization of authority and the ability to get things done?

Effectiveness and decentralisation will always be inversely correlated. This is a crucial instrument for the evolution of the DAO, provided that the centralised entities continue to ultimately depend on the DAO’s approval and run as transparently as feasible.

A DAO should only think about establishing centralising points when specialists must act rapidly and intelligently, which may be difficult for the Vox Populi of the DAO. Of course, trusted people of the space should perform this.

Sample Voting Issue 2 - Rari Hack Reinbursement

Outside the flipping of the vote, how might you decide to deal with this present circumstance?
If it’s not too much trouble, expound on what occasions you accept it is on the whole correct to discount and which are not.

i.e should parties be repaid for an endeavor or not? (If it’s not too much trouble, pick one of the beneath choices and afterward elaborate upon your thinking)

Part Repayment

Hacks and loss of assets are right up 'til now quite possibly of the most grounded blocker we have from individuals confiding in the space and onboarding onto it. Each time a huge depleting of convention contracts happens, the possibility of the Monetary Legos gets undermined, as individuals become less and less able to risk interfacing with different conventions.

Consequently, I accept essentially a halfway reinbursement is dependably to be looked at when as a convention has chosen to help out you. These gatherings chose to endow the security of your brilliant agreements, and their devotion and trust that was put onto the convention ought to be said thanks to by basically attempting to give a few subsidizes back. Later on, this really might be taken care of with DAO protection conventions, which are as of now being created in the space.

Notwithstanding, I would be reluctant to give a full reinbursement when the hack has seriously affected the convention so severely. In the event that the sum won’t have that a very remarkable effect on the main concern it’s a good idea to give a reinbursement, however in this specific case the twofold effect of the hack was serious to the point that this lead to one of the principal occasions of a DAO expressly shutting entryways. 6 A full reinbursement , regarding influence, would be equivalent to a second similarly wrecking hack.

TL;DR Give sufficient pay to thank the members for participating in the framework, however while a full reinbursement could help these partners, the effect of this activity could prompt the DAO entering an adverse demise winding.

Dialects I talk and compose: By request of inclination - English, Spanish, Italian

Revelation of Conflict(s) of Interest:
Right now, I’m investing the majority of my energy dealing with the ParaSwap DAO. This implies that I will consequently swear off any conversation that could include DEX Collection, as my viewpoint will clearly be one-sided. The positive side of this cooperation is that ParaSwap is likewise sent in Arbitrum, and that implies that the progress of Arbitrum will likewise decidedly influence ParaSwap (through expanded liquidity sources and volumes), as well as the other way around (by empowering proficiency and decentralization of liquidity in the rollup by conglomerating these together through a solitary, easy to get to communicate).

Additionaly, I likewise applied to be a representative on the Positive thinking aggregate, which in spite of the fact that is likewise essential for the more extensive ethereum biological system it very well may be viewed as an irreconcilable situation. Right now, I’m being designated ~ 1k Over powered. Moreover, ParaSwap has likewise been chosen as one of the Convention Representative Plan beneficiaries, and if important, the delegate of ParaSwap could be an alternate DAO part in the event that this is viewed as a significant irreconcilable circumstance. By and by, I accept that the development of any decentralized rollup on the Ethereum biological system is a net positive for everybody in the space, and I will give a valiant effort to loan my insight in bettering the whole space.

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438

Delegate Proposal for the one and only OtterOlie:

GM! This is my first time applying to be a DAO/delegate. I like to build basic web3 applications, I am here to learn, I host Twitter spaces and like to build my network online and offline.

Name: otterOlie
Wallet Address or ENS: 0xB2ba72ca6089ee7A5E059F0D1782d3111dd64449
Tally Profile URL: otterolie.eth

Which areas are you most passionate about contributing to?

  1. Supporting public good in a decentralised future
  2. Expanding DeFi on Arbitrum
  3. Enhancing tools and promoting protocol decentralization
  4. Public awareness and promotion of the protocol to non-web3 natives

Please provide your perspective on the overall objectives for the DAO: The primary focus of Arbitrum DAO should be to facilitate and empower communities and DAOs on the Arbitrum platform to realize their ambitions. We should offer top-notch assistance as a DAO, which includes employing the DAO’s resources to welcome and aid new projects in both technical development and community integration, increasing awareness for existing projects, and fostering incentives for P2P networks to flourish autonomously without relying on centralized entities like exchanges.

Please share your thoughts on previous issues raised in other communities, as detailed below:

Sample Voting Issue 1:
Vote: Opposed
Proposal amendments:

  • Reallocate committee seats to guarantee a more equitable representation, incorporating involvement from various analytics service providers.

  • Set forth unambiguous guidelines and measures for transparency to prevent conflicts of interest or bias.

Approach to balancing centralization of authority and operational efficiency:
My goal is to strike a balance between centralization and decentralization, capitalizing on the effectiveness of centralized decision-making while guaranteeing that power is equitably dispersed among numerous stakeholders. This could include implementing checks and balances, rotating duties, and adopting transparent procedures.

Sample Voting Issue 2:
Situation handling:
Option: 3. Partial Reimbursement

In this circumstance, I would opt for Partial Reimbursement. By compensating affected parties for a fraction of their losses, we recognize the consequences of the exploit while promoting more diligent risk management among users. It’s essential to assess each situation individually, taking into account factors such as the exploit’s nature, the extent of carelessness, and the overall impact on the community.

Instances when reimbursement is suitable:

  • When the exploit results from a glaring oversight or negligence by the project team.
  • When impacted users adhered to the best security practices, and the exploit was unpredictable.

Instances when reimbursement is unsuitable:

  • When users knowingly participated in high-risk activities or ignored security advisories.
  • When compensating users would endanger the project’s overall stability or viability.

Languages I speak and write: English, Dutch

Disclosure of Conflict(s) of Interest: I am not associated with any other DAOS but I am open to joining more

1 Like
439

Name
CryptoBitGuru

Wallet Address
0x099360e8188bEeb1b3aAD72474f629416c6231d4

Tally Profile URL

Areas of interest:

  1. DeFi development on Arbitrum
  2. Improving Governance participation

Overall goals for the DAO: I believe the DAO should prioritize sustainable growth and fostering innovation while maintaining a balanced approach to liquidity mining. Aggressive liquidity mining may provide short-term benefits, but it could lead to instability and over-leveraging. The DAO’s goal should be to create a decentralized, inclusive, and transparent ecosystem that empowers its community to shape the future of the industry together.

Sample Voting Issue 1:
Vote: Against
Amendments to the proposal:

  • Redistribute committee seats to ensure a more balanced representation, including participation from other analytics service providers.
  • Establish clear guidelines and transparency measures to avoid conflicts of interest or favoritism.

Approach to the tradeoff between centralization of authority and the ability to get things done:
I would aim for a balance between centralization and decentralization, leveraging the efficiency of centralized decision-making while ensuring that power is fairly distributed among multiple stakeholders. This could involve setting up checks and balances, rotating responsibilities, and implementing transparent processes.

Sample Voting Issue 2:
Handling the situation:
Option: 3. Split Reimbursement

I would choose Split Reimbursement in this scenario. Reimbursing affected parties for a portion of their losses acknowledges the impact of the exploit while encouraging more responsible risk management by the users. It’s crucial to evaluate each case individually, considering factors such as the nature of the exploit, the degree of negligence, and the overall impact on the community.

Instances where reimbursement is appropriate:

  • When the exploit is due to a clear oversight or negligence on the part of the project team.
  • When the affected users followed the best security practices, and the exploit was unforeseeable.

Instances where reimbursement is not appropriate:

  • When users knowingly engaged in high-risk activities or disregarded security warnings.
  • When reimbursing users would jeopardize the overall stability or sustainability of the project.

Languages I speak and write:

  • English
  • Spanish
  • Danish
  • Portuguese

Disclosure of Conflict(s) of Interest:
No conflicts of interest.

1 Like
440

Name (individual)

  • Han Yingze

Wallet Address or ENS

  • Hanyz.eth

Tally Profile URL

What area are you most interested in contributing to?

  • DeFi development on Arbitrum
  • Improving Governance participation

Please share your stance on overall goals for the DAO:

DAO should take an aggressive approach in promoting liquidity mining, as it can help increase the total amount of liquidity mining and provide funding for public services related to it. Decentralized management and transparency can also enhance the efficiency and security of liquidity mining, reduce concerns about fund security, and increase investor confidence. The overall goal of DAO is to support the development and progress of liquidity mining, help users solve problems, support developers, and improve governance processes, among other things. By achieving these goals, DAO can make a significant contribution to the entire ecosystem and promote its sustainable growth.

Sample Voting Issue 1:
1.How would you vote?

Against

2. What amendments would you make to the proposal if any?

Reduce Flipside’s control over allocating UNI to bounties and oversight of the entire program. For example, Flipside only has one seat on the allocation committee and one seat on the Oversight committee, instead of three and one respectively.

Involve other analytics service providers in the proposal to ensure a fair and competitive selection process. This could help prevent the favoritism of one service provider and promote a more diverse ecosystem.

Increase transparency and communication with the community about the program’s goals, guidelines, and progress. This can help build trust among investors and ensure that the program aligns with Uniswap’s values and vision.

Overall, the amendments would aim to ensure a more decentralized, transparent, and competitive process for attracting new users to Uniswap through bounties while mitigating concerns about centralization and favoritism towards one service provider.

3.How would you approach the tradeoff between centralization of authority and the ability to get things done?

In my opinion, a decentralized approach is crucial for promoting transparency, fairness, and community involvement in decision-making. However, complete decentralization can lead to inefficiencies and a lack of direction. Therefore, finding the right balance between centralization and decentralization is key. This can be achieved by establishing clear guidelines and procedures for decision-making, ensuring representation from different stakeholders, and promoting open communication and collaboration among all parties involved. Additionally, implementing a system of checks and balances can help prevent any one party from gaining too much control or authority. Ultimately, striking a balance between centralization and decentralization requires a thoughtful and nuanced approach that takes into account the specific needs and goals of the organization or community.

Sample Voting Issue 2:
Outside the flipping of the vote, how would you choose to handle this situation?

I choose option 3 - Split Reimbursement.

While it is important to have measures in place to reimburse those who have suffered losses from exploits, I am cautious about full reimbursement as it may create a moral hazard. In cases where the loss is small and the number of victims is limited, full reimbursement may be appropriate as it can help to restore confidence in the system. However, when the loss is significant, it is important to exercise caution and provide some buffer space to prevent a spiral of decline in the entire financial system. Split reimbursement strikes a balance between compensating victims for their losses and mitigating the risks of moral hazard and systemic instability.

Languages I speak and write:

  • Chinese,Japanese,English

Disclosure of Conflict(s) of Interest:

  • no conflicts of interest
1 Like
441

Name (organization or individual): McFly

Wallet Address or ENS: 0xmcfly.eth

Tally Profile URL: https://www.tally.xyz/profile/0xafd5f60aa8eb4f488eaa0ef98c1c5b0645d9a0a0

What area are you most interested in contributing to?:

  • Improving Governance participation
  • Tooling, Improving protocol decentralization

Please share your stance on overall goals for the DAO:
My stance on the overall goals for the Arbitrum DAO:

  1. Decentralization: Empower community decision-making.
  2. Scalability: Enhance Arbitrum protocols for efficient transactions.
  3. Security: Ensure trust through distributed governance.
  4. Alignment: Foster collaboration between Arbitrum and Ethereum.
  5. Open source: Promote transparency and innovation.
  6. Staking: Launch $ARB staking swiftly.
  7. Innovation: Encourage new applications and services.
  8. Transparency: Implement accountable governance systems.

Sample Voting Issue 1:

  1. How would you vote?
    Against
  2. What amendments would you make to the proposal if any?
  • Reduce the overall grant.
  • Ask the Uniswap community a list of potential candidates for this kind of grants.
  • Impose a stricter framework regarding how the funds could be spent by the grantee.
  • Vest the grant over 12mo and give an upfront funding representing 30% of the total grant.
  1. How would you approach the tradeoff between centralization of authority and the ability to get things done?
    Initially, a certain level of centralization might be required for swift decision-making and promoting development. However, as the platform evolves and attracts a robust community, moving towards a more decentralized governance structure becomes crucial. This gradual shift towards decentralization grants the community a say in the decision-making process and guarantees a variety of viewpoints. Achieving this balance ensures efficient decision-making while upholding the foundational principles of decentralization, resulting in a resilient and adaptable platform.

Sample Voting Issue 2:
No Reimbursement. As we saw with the ending of the Rari project, a DAO can’t be an insurance fund and at the same time the project’s treasury. Liquidity is a huge obstacle to accomplish that and every user was clearly warned that there might be high risk to use their platform. Everyone should take their responsibilities and don’t assume someone will save them if something breaks.

Languages I speak and write: English, French, Portuguese, Italian.

Disclosure of Conflict(s) of Interest: N.A

1 Like
442

Name (organization or individual)

  • Sat

Wallet Address or ENS

*0x9fe6ac2eead823fcd99821aafa81b312ae537fa8

Tally Profile URL (create a profile here )

What area are you most interested in contributing to?

  • DEFI
  • Improving Governance participation

Please share your stance on overall goals for the DAO:

  • I do not care about liquidity mining. Bribing people to use X means X is useless. We aggressively build stuff that people NEED instead.

Sample Voting Issue 1:

  1. Against
  2. No amendments, just cancel it altogether.

Sample Voting Issue 2:
It depends entirely where the reimbursement would come from. If this were a case of introducing a self-executable on-chain transfer block on the hacked amount and reminting into the damaged parties’ accounts, I would vote yes. If the tokenholders and other network participants were to pay for this, no. Socializing losses across a large number of people is not acceptable when it is clear that very small circles of people are responsible for both insecure code and stealing the money.

Languages I speak and write:

  • English, Hindi

Disclosure of Conflict(s) of Interest:

  • no conflicts of interest
443

Hamza (individual) I have a community with over 5555 member

0x0Ee051a4B9BDb3E1269EC4844CFd32c927F7aBdd

Tally Profile URL : Tally | 0xhmz.eth

What area are you most interested in contributing to? choose up tot wo tags:

  • Public Goods funding
  • NFT development on Arbitrum
  • Improving Governance participation
  • Supporting Infrastructure
  • Tooling, Improving protocol decentralization
  • IRL Arbitrum community gatherings

Please share your stance on overall goals for the DAO:
DAOs should be be decentralized and not controlled by a few number of people. Everyone should have the opportunity to make proposals and have a voice in the DAO

Sample Voting Issue 1:
Issue Overview

  • Uniswap planned to use Flipside to attract new users to Uniswap through bounties. Although the program outline and funding was fine, the proposal was contentious because it gave Flipside crypto too much control over allocating UNI to bounties and oversight of the entire program.
  • For instance, Flipside had 3/7 seats on the allocation committee and 1/3 seats on the Oversight committee. There was also concern since none of the other analytics service providers were involved in the proposal.
  • This proposal flew under the radar but at the 11th hour got very heated. Large votes from university clubs supported the proposal since they would get a seat on the allocation committee. However, Dune and Leshner spoke up about the issue because of the centralization of power and favor of one service provider.

Prompts to Answer:

  1. How would you vote?
    For
  2. Nothing else
  3. Centralization was from the beginning the problem that slowed down change and decision making. In many cases, centralized organizations control decisions and block anything that goes against their vision in general.
    Sample Voting Issue 2:
  4. Full Reimbursement without any hesitation. In order to restore the confidence of investors and the community, it is important to refund any person or organization affected by the hack within the capacity of the hacked project to make the refund.
    Languages I speak and write:
    English, French & Arabic

Disclosure of Conflict(s) of Interest:
I don’t have any conflicts of interest that would prevent me from using my best judgement to operate in the best interests of advancing the Arbitrum ecosystem

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