Delegate Statement Template

Governance Delegate Statements
,
844

Name (organization or individual)
Victor Fript

Wallet Address or ENS

0xE92f2a39191F5071e80F1ADC07A0509c4efedc56 (MetaMask)

Tally | @friptuvictor

What area are you most interested in contributing to?

NFT development on Arbitrum
Improving Governance participation

Please share your stance on overall goals for the DAO:

My focus is not on liquidity mining. If we have to bribe people to use X, it suggests that X has no practical value. Instead, our priority is to develop useful and essential products that people require.

Sample Voting Issue 1:

I am against making any amendments to the proposal; instead, I believe it should be completely cancelled. The solution to most, if not all, of the problems related to DAO participation and token-weight voting is reputational avatars 16. In terms of the second voting issue, my decision would depend on the source of the reimbursement. If it involved an on-chain transfer block that could self-execute and remint the hacked amount into the accounts of the damaged parties, I would vote yes. However, if the cost was to be borne by tokenholders and other network participants, I would vote no. I don’t think it’s acceptable to socialize losses across a large number of people when it’s clear that only a small group of individuals are responsible for the insecure code and the theft of the funds.

Languages I speak and write:

English, Romanian, Portugues.

Disclosure of Conflict(s) of Interest:

I am certain that there are no conflicts of interest that would hinder me from carrying out my responsibilities effectively.

845

Name: coinflipcanada

Wallet Address or ENS: 0xF92F185AbD9E00F56cb11B0b709029633d1E37B4

coinflipcanada.arb

Tally Profile URL https://www.tally.xyz/profile/0xbadb71ee8e5212f0e83ba90e7e8334014cf40a4c

Telegram / Twitter ID: @coinflipcanada

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

  • DeFi development on Arbitrum
  • IRL Arbitrum community gatherings

Please share your stance on overall goals for the DAO:

  • Community, technical prowess and committed builders, be it Off Chain Labs or the protocols on Arbitrum, they have been the cornerstones of our success.
  • The DAO must take this base and prepare for the future, one that includes more chains (L3s, Anytrust), multiple programming languages that help bring us the next generation of Crypto builders and deliver on the promise of scaling Ethereum.
  • When creating incentive and grant programs we need to evolve beyond DeFi 1.0 liquidity mining programs, instead we need to find better measures for impact. This means incentivizing capital, protocols and activity that strengthen the ecosystem, and not which sit in isolation and don’t engage the rest of the ecosystem, simply accruing incentives before moving to the next chain.
  • If you are interested in learning more about my views on the DAO, feel free to contact me on twitter or telegram (details above)
  • Look forward to your support in helping to guide Arbitrum forward.

Languages I speak and write:

  • English
  • plus more but shall avoid doxing myself

Disclosure of Conflict(s) of Interest:

  • I am a core contributor at GMX with a focus on Strategy and Ecosystem development
  • founding advisor to the Camelot DAO crafting its ecosystem strategy
  • Personal investments across the Arbitrum ecosystem with a focus on DeFi
  • informally advised multiple protocols deployed or intending to deploy on Arbitrum on strategy, go to market and opportunities to collaborate
  • I inherently will have the desire to support protocols I’m involved in and which have proven themselves to be aligned with the goals of the DAO, I’m not big on a PvP style thinking instead seeing a much larger opportunity in building the space for all of us.
  • The protocols i’ve been involved with are leaders in the collaborative approach that has made Arbitrum such a unique place to build. GMX is the pre-eminent DeFi protocol on Arbitrum, with the largest TVL, volumes, fee generation and more importantly, nearly 100 protocols and partners integrated or building on top of it creating a chain-wide flywheel. Camelot has been singularly focused on helping protocols both new and existing deploy on Arbitrum, providing them with a DEX, staking services, and guidance on how to collaborate with a growing round table of builders across the ecosystem.
  • I do not believe any of the above would prevent me from using my best judgment to operate in the best interests of advancing the Arbitrum ecosystem. If you feel that it is not possible for me to separate my investments and roles from the success of the Arbitrum ecosystem and DAO, you are lucky as there are many other worthy candidates.

Sample Voting Issue 1: Uniswap / Flipside

Prompts to Answer: How would you vote?

  • Would vote “FOR” the proposal although would have preferred a more balanced proposal.

What amendments would you make to the proposal if any?

  • staggered rotation of electing members to the allocation and oversight committees so that at the time of the one-year renewal of the program, the community has had the opportunity to update control if things are not progressing as intended.
  • Would not have the vendor on the oversight committee, but have a mechanism allowing them to propose actions and require these to be voted on.
  • Retain the 7-seat allocation committee size, but with a single seat for the vendor, and require 4/7 approval. This means the vendor can’t veto any proposal, and any proposal passing requires a majority of independent members.

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

  • ultimate authority and control vests in the DAO, decentralization does not mean all activity needs to be implemented and executed directly by it. What is needed instead is delegation and accountability for those that perform actions for the DAO.
  • Large matters should be handled in a trustless fashion, but for operations trust but verify is a practical necessity.

Sample Voting Issue 2: FEI Hack

Outside the flipping of the vote, how would you choose to handle this situation?

  • The split vote was a failure of governance. Such a fundamental event in the history of the DAO, should have gone through a more natural progression including allowing the contours of the decision to evolve with a final vote on along with the actual code for any resolution.
  • Split reimbursement would be the answer when dealing with an exploit or hack that strikes at the long-term viability of a platform. The goal should be that under the right circumstances, people could achieve a full reimbursement, through the future success of the platform continuing.
  • Founding, supporting and using DeFi protocols is an inherently risky endeavor, and its usage should never be assumed to have an implicit backstop thus creating an expectation of a risk-free return, risk must exist. Having said that, we should reward not punish early users who help to pave the way.
  • Compensation could be structured in the form of a debt-like instrument that receives a portion of protocol revenue, fees or recovery of funds, or issuance of vest or escrowed tokens giving them a long-term interest in the revival of the protocol after this incident. The LEO token from the Bitfinex BTC hack was a great example of this in action.
4 Likes
846

Name ( Nft Keth)

Wallet Address (0x08365C3a8564AC4DD3F518d846D96b43eE38C576)

Tally Profile URL ( Tally | 0x0836...C576 )

What area are you most interested in contributing to?1. Improving Governance participation. 2. Tooling, Improving protocol decentralization.

Please share your stance on overall goals for the DAO:

  1. Decentralization: A DAO can aim to create a decentralized network that allows for democratic decision-making and distributed ownership of resources.
  2. Governance: The DAO can seek to establish a fair and transparent governance structure that ensures the interests of all members are represented.
  3. Transparency: The DAO can strive to ensure that all decision-making processes are transparent, publicly available, and auditable.
  4. Community building: The DAO can aim to foster a strong and engaged community of members who share the DAO’s values and vision.
  5. Investment: The DAO can be created to pool funds and invest in various projects or initiatives that align with the DAO’s goals and values.
  6. Innovation: The DAO can strive to foster innovation in a particular industry or sector by supporting research and development projects and funding new
  7. Social impact: The DAO can aim to make a positive impact on society by supporting projects or initiatives that promote social or environmental justice.
  8. Education: The DAO can create educational resources to teach members about blockchain technology, decentralized systems, and other related topics.
  9. Collaboration: The DAO can seek to collaborate with other DAOs or organizations to achieve common goals and share resources.
  10. Profit: The DAO can aim to generate profits for its members through investments or other means, with the goal of redistributing those profits in a fair and transparent manner.

Sample Voting Issue 1 - UniSwap/Flipside Bounty

  1. How would you vote?

Against

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

Diversity of opinions and participants should be the main objective of a DAO, if a small group centralizes power, the name DAO is only an aggregate.

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

It is a bad reference to the DAOs, the more decentralized the more difficult it is to agree, but I feel that the committees or delegates fulfill that vital function of representing the voice of many in order to optimize the governance processes.

Sample Voting Issue 2:

  1. Split Reimbursement

In order to provide the best possible environment for its members, a DAO must consider their survival, especially in cases where the DAO has been hacked. It is important for the DAO to assess the specific circumstances and type of hack, as draining members’ funds could potentially be detrimental to their ability to recover.

In situations such as the FEI hack, the DAO should prioritize returning funds to affected members, perhaps through a vesting system. Alternatively, the DAO could take proactive steps to protect its users’ interests and prevent similar attacks in the future. Overall, the DAO must act in the best interests of its members and prioritize their well-being in all decisions.

Languages I speak and write: English, Arabic and French.

847

Name: YUNGEST (individual) - Twitter @yic_037

Wallet address: 0xc639F4C6547211958295d7e5d75442546Eba524f

Tally Profile URL: https://www.tally.xyz/profile/0xc639f4c6547211958295d7e5d75442546eba524f

What area are you most interested in contributing to?

  • NFT development on Arbitrum
  • Gaming development on Arbitrum

Please share your stance on overall goals for the DAO:

  1. Transparency - The DAO should operate in a transparent manner, with all decisions and transactions being publicly visible.

  2. Decentralization - The DAO should be decentralized, with decision-making power distributed amongits members

  3. Efficiency - The DAO should strive to operate efficiently, with clear and streamlined decision-making processes.

  4. Sustainability - The DAO should aim for long-term sustainability, with a focus on creating value for its members over the long term.

  5. Innovation - The DAO should encourage innovation and creativity among its members, with a focus on developing new and innovative solutions to problems.

Overall, the goals of a DAO will depend on the specific context in which it operates, but the principles of transparency, decentralization, efficiency, sustainability, and innovation should guide its overall direction.

Sample Voting Issue 1: UniSwap/Flipside Bounty

Prompts to answer:

1. For

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

  • To improve the grant allocation process, it would be more advisable to distribute the funds on a quarterly basis, rather than simply dividing them into Year 1 and Year 2, especially for a sizable allocation of 25 million. Although the initial plan was to allocate half of the funds to staff employment, it would be wise to have the reserve upfront. While delivering the funds once a year may save some time on transactions and communication, introducing at least quarterly separations would be a more prudent approach.

Moreover, it would be beneficial to implement checkpoints throughout the delegation period, aside from having a committee that handles immediate grant-related matters. Regular votes could ensure that the DAO is comfortable with such a large allocation, and also encourage the grantee to increase accountability and provide accountability reports.

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

- There is an inherent trade-off between effectiveness and decentralization. While centralization may be necessary for certain specialized tasks that require quick and knowledgeable action, it ultimately depends on the approval of the DAO and operates as transparently as possible. Therefore, centralizing points are a necessary tool for the development of the DAO, as long as they remain transparent and accountable to the DAO.

When specialists are needed for a task, a DAO should consider having centralized points to handle the task efficiently. This is particularly important as the general members of the DAO may struggle with certain tasks. However, the entities in charge of these centralizing points should be trusted members of the space.

Sample Voting Issue 2: Rari Hack Reinbursement

3. Split reimbursement

The occurrence of hacks and loss of funds continues to be a significant barrier to building trust in the blockchain space and getting more people onboard. When large-scale draining of protocol contracts happens, the concept of Financial Legos becomes threatened, and people become less willing to connect with other protocols.

To address this issue, I believe that protocols should at least consider providing partial reimbursement to the parties that have cooperated with them. These parties have trusted the security of the smart contracts, and their trust and dedication should be acknowledged by trying to provide some funds back. DAO insurance protocols are already being developed in the space, which could potentially handle this in the future.

However, when the hack severely impacts the protocol, a full reimbursement may not be feasible, and it could lead to the DAO entering a negative death spiral. While providing compensation is essential to thank the participants for engaging in the system, a full reimbursement could have an equally devastating impact, similar to a second hack. Therefore, it’s crucial to provide enough compensation that can help these stakeholders without risking the DAO’s sustainability.

Languages I speak and write: English, Spanish and French

Disclosure of Conflict(s) of Interest:

  • I have no conflicts of interest, thank you for your time.
848

If the proposal gives Flipside crypto too much control over allocating UNI to bounties and oversight of the entire program, it may pose a risk of centralization of power and bias towards one service provider. Therefore, if I were a stakeholder in the decision-making process, I would consider voting against the proposal or advocating for significant amendments that address the concerns raised.

Regarding the amendments that could be made to the proposal, one approach could be to redistribute the allocation of seats in the committees, so that no single entity has an undue advantage or control. For instance, more seats could be given to independent entities, including other analytics service providers or community representatives, to ensure a fair and balanced decision-making process.

Another approach could be to increase transparency and accountability in the program’s operations, such as implementing public reporting mechanisms, regular audits, or setting clear criteria for the allocation of bounties.

In terms of the tradeoff between centralization of authority and the ability to get things done, it is essential to find the right balance that maximizes the benefits of both aspects while minimizing the risks. Centralization can lead to faster and more efficient decision-making, but it can also limit diversity, creativity, and innovation. Decentralization can increase participation, transparency, and accountability, but it can also be slower and more cumbersome.

Therefore, it is crucial to evaluate the specific context and goals of the program and find the optimal governance structure that aligns with them. It may require a compromise between different stakeholders’ interests and values, but ultimately, the goal should be to create a sustainable and inclusive ecosystem that benefits everyone involved.

849

Hi, my name is Inna, and I really love cryptocurrency, there are 116,000 subscribers on my YouTube channel today, twitter @incontact2012
I am an investor, NFT Creator, and also a beauty blogger
Wallet address 0xA3057330925375cCDfF6917098ccB770080Be605

Tally Profile URL 0xA3057330925375cCDfF6917098ccB770080Be605

What area are you most interested in contributing to?
DeFi development on Arbitrum
NFT development on Arbitrum

Please share your stance on overall goals for the DAO:
Sample Issue Voting 1:
I would be “against” such a proposal for a simple reason that it contradicts the basic principle of decentralisation and DAO and gives more power to one protocol. I believe that the DAO should take a balanced approach to achieving its goals, as well as prioritize the security and sustainability of the platform.

Sample Voting Issue 2:
I would in favour of partial reimbursement. Since the system got hacked, it is the responsibility of the team to be accountable to the issue that led to hacking, but also the users are aware of the risks and it was their decision to risk their assets.

Position on previously raised issues in other communities: I think it is important to carefully take into account the concerns and feedback from various communities and apply a joint approach to solving these problems.
Cryptocurrency is our future, there is no doubt about it. And it would be great to be part of a unique, growing project and community. Besides, having a flexible schedule and a lot of freedom is great!

I am more than confident that with your ideas, my skills and enthusiasm (as well as some new ideas) we could make this world a better place.
Languages I speak and write: English , РусскиК

851

Name Viktor

Wallet Address or ENS vit445555.eth

  • DeFi development on Arbitrum
  • NFT development on Arbitrum
  • Gaming development on Arbitrum

Sample Voting Issue 1:

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

Sample Voting Issue 2:
Issue Overview

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. Split Reimbursement

Languages I speak and write: Rus, Eng

852

Vladislav

0x437cdad7082434C5B29B4A80190C4d614A67f23e

Improving Governance participation

Supporting Infrastructure

DAO is a decentralized autonomous organization where decision-making takes place based on the voting of participants. The purpose of a DAO depends on its members and their mission. However, in most cases, the goal of a DAO is to maximize profit or create value for its members.On the issue of liquidity extraction, the optimal approach depends on the specific situation. It is important to balance between maximizing profits and maintaining stability. There are various strategies for extracting liquidity, such as raising liquidity through incentives, distributing tokens to participants using an incentive system, or introducing additional protocols to support liquidity.It is important to understand that DAO is a decentralized structure and decision-making takes place through the voting of participants. Therefore, in order to achieve common goals, it is necessary to actively communicate and discuss within the DAO in order to make informed decisions based on consensus.

Full Reimbursement - This may not be a fair solution, as it may create an incentive for attackers to carry out attacks against the DAO, knowing that they will be reimbursed. However, if this is the only way to keep the trust of the participants and keep the DAO stable, then this may be the right decision.No Reimbursement - This might be the right decision if the DAO was designed to refuse compensation in the event of an exploit. However, this can lead to a loss of trust among participants and a decrease in the stability of the DAO.Separate Reimbursement - This may be a fairer solution if the DAO can only identify and compensate those participants who were actually affected by the exploit. However, this may be more difficult to implement in practice and may take longer than other options.As a result, the decision should be made based on the overall goals and principles of the DAO, as well as taking into account the opinions of the participants and the situation as a whole. The core principles that should guide a DAO are transparency, accountability, and profit maximization for all participants.

Languages I speak and write: Ukrainian, English

853

Name (organization or individual): Snicks1

Wallet Address or ENS: 0x89c2084982747644bcCb5Bc64b4dc364785196C3

Tally Profile URL: Tally | chatgpt

Area of Interest (up to two tags):

  1. Improving Governance participation
  2. Supporting Infrastructure

Overall goals for the DAO: The DAO should strike a balance between aggressive growth and long-term sustainability. Liquidity mining should be employed with caution to avoid unnecessary risks while promoting user adoption and retention. The main goal of the DAO should be fostering a decentralized, fair, and secure ecosystem for its users and developers.

Sample Voting Issue 1: Vote: Against

Amendments: To address concerns about centralization, the proposal should be amended to redistribute seats on the allocation and oversight committees to include a broader range of participants, such as other analytics service providers and community representatives.

Tradeoff Approach: The tradeoff between centralization and efficiency can be managed by ensuring fair representation of various stakeholders in governance decisions, with clear guidelines and checks and balances to maintain transparency and accountability.

Sample Voting Issue 2: Choice: Split Reimbursement

Handling the Situation: I would opt for split reimbursement to balance the interests of affected parties and acknowledge the DAO’s responsibility in the situation. This approach encourages platform security improvements without establishing a precedent of full reimbursement, which could inadvertently incentivize reckless behavior.

Refund Instances: Refunds should be considered on a case-by-case basis, with factors like the extent of user losses, the project’s responsibility, and the impact on the ecosystem weighed in each decision. Instances where the project is directly responsible for the exploit should lead to reimbursement, while cases stemming from user negligence or external factors should not warrant reimbursement.

Languages I speak and write: English

Disclosure of Conflict(s) of Interest: I affirm that I don’t have any conflicts of interest that would prevent me from using my best judgment to operate in the best interests of advancing the Arbitrum ecosystem. As an AI language model, I am neutral and unbiased in my decision-making process, focusing solely on the advancement of the ecosystem and the benefits to its users and developers.

1 Like
854

Name (organization or individual) Cal

Wallet Address or ENS: 0x8eea10106833e94a5c5cdb8e83eb209cb46a2f29

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

  • Public Goods funding
  • DeFi development on Arbitrum
  • Improving Governance participate
  • Tooling, Improving protocol decentralization
  • IRL Arbitrum community gatherings

Please share your stance on overall goals for the DAO:

how aggressive should we be in liquidity mining, what is the goal of the DAO?

I am not the biggest fan of liquidity mining, at least not directly from a DAO; I think that in the best of many cases the best is to apply to different protocols that kind of incentives, maybe like Optimism that brought diverse uses to its network incentivizing it in an indirect way in usability and ecosystem.

Sample Voting Issue 1:

  1. How would you vote?

Against

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

Diversity of opinions and participants should be the main objective of a DAO, if a small group centralizes power, the name DAO is only an aggregate.

Something that can help is to predefine in the beginning the creation of committees and delimit the members it should have at the expense of increasing diversity against personal interests.

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

It is a bad reference to the DAOs, the more decentralized the more difficult it is to agree, but I feel that the committees or delegates fulfill that vital function of representing the voice of many in order to optimize the governance processes.

Sample Voting Issue 2:

  1. Split Reimbursement

A DAO must ensure the best environment for its members and also take into account their survival, therefore it will depend a lot on the cases and the type of hack, by literally draining their funds I do not think they can pay.

That’s why I think the best thing to do, and depending on the case like FEI, is to return money to those affected, maybe under a vesting system or the DAO can get down to work to look after the interests of its users.

**Languages I speak and write: English, Chinese, Cantonese

Disclosure of Conflict(s) of Interest:

I am confident that I have no conflicts of interest that would not allow me to perform my role in the best possible way.

855

Please respond to the submission template below by replying with your answers.

Name (organization or individual) : Michael Akpamu

Wallet Address or ENS: michaeleric.eth

Tally Profile URL (create a profile here 7.9k) :Tally | michaeleric.eth

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

Improving Governance participation

IRL Arbitrum community gatherings

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?
Please share your stance on issues that were raised previously, in other communities, as described below:

Sample Voting Issue 1:
Issue Overview 891

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:

How would you vote?
For

What amendments would you make to the proposal if any?

I think the Proposal was just fine

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

Its can be confused one too many times, but it is always right for decisions be made by a group even if it would take time for things to be done

Sample Voting Issue 2:
Issue Overview:
Overview Link 1 2.6k
Overview Link 2 343

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)

Split Reimbursement

This would encourage users and investors to keep up with Crypto

Languages I speak and write: English, french

Disclosure of Conflict(s) of Interest: There is no Conflict of Interest. Everything would be done with utmost fairness.

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.

856

Name: lor2ex (individual)

Wallet: 0xe4DEfB1E2b278a673C62Ab95D75C4F5482F281f8

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

857

xiaoliuhu886 - twitter
0xb42Ec0a2115e618ff43A3BA1BfD9d9041C1EE1B8
Tally | Tednet0
im most interested in Supporting Infrastructure and NFT development on Arbitrum

Liquidity mining is a popular strategy used by DAOs to incentivize liquidity providers and reward community members for contributing to the platform. The aggressiveness of liquidity mining can depend on a DAO’s goals and risk tolerance. A more aggressive approach to liquidity mining may lead to faster growth, but it may also increase volatility and risk.

Previous issues raised in other communities can vary widely, but some common ones include concerns about transparency, governance, and security. DAOs can address these issues by implementing transparent decision-making processes, strong security protocols, and community-driven governance structures.

Overall, the goals of a DAO and the approach to liquidity mining should be aligned with the needs and priorities of its community. DAOs can benefit from incorporating feedback and input from community members to ensure that their strategies and goals reflect the values and interests of the wider ecosystem.

1.For
2.Nothing more
3.The tradeoff between centralization of authority and the ability to get things done is a common challenge for any organization, including DAOs. On one hand, centralization of authority can provide clear leadership and decision-making, leading to faster execution and more efficient use of resources. On the other hand, too much centralization can stifle innovation, limit participation, and lead to decision-making that does not reflect the needs and priorities of the wider community.

1 Like
858

Name itsnotlocked (individual

Wallet Address or ENS 0x4417C1C47739F6b9b3827abEcf0D2126a912d070

Tally Profile URL ( Tally | itsnotlocked)

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

DeFi development on Arbitrum

NFT development on Arbitrum

Please share your stance on overall goals for the DAO:
Education and enabling communities around the globe to build, create and expand on the ecosystem.

Sample Voting Issue 1:
How would you vote?

  1. Against

2 None

Sample Voting Issue 2:
Full Reimbursement

Languages I speak and write: English

Disclosure of Conflict(s) of Interest:
no conflict

1 Like
859

Name: galiki
Wallet Address: 0x9958c02fEb954cE16B9801e740D59C880E077a72
Tally Profile URL: Tally | 0x9958...7a72
I am interested in the following areas:
DeFi Development on Arbitrum
Developing NFT on Arbitrum
Improve governance engagement
supporting infrastructure
Tools, Improve Protocol Decentralization
Liquidity mining is a popular strategy used by DAOs to incentivize liquidity providers and reward community members for contributing to the platform. The aggressiveness of liquidity mining may depend on the goal of the DAO and risk tolerance. A more aggressive approach to liquidity can lead to faster growth, but it can also increase volatility and risk.
Sample Voting issue 1 :
Against
No amendments
The tradeoff between centralization of authority and the ability to get things done is an important consideration in any organization, including a DAO. On the one hand, a centralized authority can make decisions quickly and efficiently, but it can also lead to potential abuses of power and lack of transparency. On the other hand, a decentralized approach can lead to more transparency and democratic decision-making, but it may also lead to slower decision-making processes and inefficiencies.
Sample voting issue 2
Split Reimbursement
Split can help reimburse to streamline the reimbursement process and reduce the administrative burden of managing shared expenses
Languages I speak and write: Vietnamese , English

2 Likes
860

Name (organization or individual):

SpecieCircle

Wallet Address or ENS
[0x154f2cAf4c46316AD8Ac580D008Db99965911b99]

Tally Profile URL (create a profile here )

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

DeFi development on Arbitrum
NFT development on Arbitrum
Gaming development on Arbitrum

Please share your stance on overall goals for the DAO:

SpecieCircle is building out an open and transparent supplychain system on blockchain. Bringing real world economically backed assets onchain.

eg — how aggressive should we be in liquidity mining, what is the goal of the DAO?

Liquidity mining is something that should only be focused on when value is either being lost or over inflated. Liquidity mining should be left alone. Unless the assets used to liquidity mine has a stable passive yield. Also with sound assets to liquidity mine behind it. The goal of the DAO is to increase adoption of an cheaper, transparent, faster ecosystem that can aid in supporting the world’s growing technological infrastucture needs.

Please share your stance on issues that were raised previously, in other communities, as described below:

The biggest i hear is on account abstraction and how it can help with mainstream adoption. It allows more secure enablements of wallet usecases. Since arbitrum is cheaper I would like to see the mainstream adoption of Smart Contract wallets onchain. Currently multisigs are the crown jewel of secure wallet nature. However Smart contract wallets could allow more diverse usecases. Such as algorithmic changes to the underlying assets in the wallet.

Languages I speak and write:

English

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.

2 Likes
861

Name (organization or individual)

-Pxt

Wallet Address or ENS

0x6e074612Ae417AB80A574Fa5Fc78D21765Fe2F30

Tally Profile URL

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

-Gaming development on Arbitrum
-Tooling, Improving protocol decentralization
-NFT development on Arbitrum

Please share your stance on overall goals for the DAO:

Ultimately, the goals of a DAO will be determined by its members, who may have a variety of motivations for participating, such as profit-seeking, social impact, or a desire to build a community around a shared interest or goal.

It’s worth noting that DAOs are still a relatively new phenomenon, and their potential applications and impacts are still being explored. As such, it’s possible that the overall goals of DAOs may evolve and change over time as the technology and its possibilities develop.

Prompts to Answer:

  1. How would you vote?

For

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

No amendments

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

The tradeoff between centralization of authority and the ability to get things done is a complex issue that requires balancing competing concerns. On the one hand, a centralized authority structure can make decision-making more efficient and streamlined, enabling faster action and potentially reducing the potential for conflict or disagreement. On the other hand, centralization can also lead to a concentration of power and decision-making authority in the hands of a few individuals or groups, potentially limiting the input and participation of other stakeholders.

Sample Voting Issue 2:

1.Full Reimbursement

When a hack occurs in a DAO, it is important to first take steps to mitigate the immediate damage and prevent further losses. This could involve identifying and fixing any vulnerabilities in the system, securing remaining assets, and investigating the extent of the hack.

Once the immediate situation has been addressed, it is important to assess the impact of the hack on members of the DAO and any potential repercussions for the organization as a whole. In the case of the FEI RARI hack, it seems that a significant number of members were affected.

It is important to ensure that the process is transparent and fair. This could involve establishing clear criteria for eligibility, setting a reasonable timeframe for claims, and providing a clear and accessible process for submitting and verifying claims.

Disclosure of Conflict(s) of Interest:

I don’t have any conflicts of interest.

Languages I speak and write:

-English, Polish

2 Likes
862

Name (organization or individual)

  • Anuj Pandey

Wallet Address or ENS

  • anpan.eth

Tally Profile URL (create a profile here )

What area are you most interested in contributing to?

  • Improving Governance participation
  • Supporting Infrastructure
  • Public Goods funding

Please share your stance on overall goals for the DAO:

  • Understand the user groups we serve, gather & analyze what they need, and rapid iteration to build solutions for the needs of the DAO user groups + ARB at large.

Sample Voting Issue 1:

  1. Against
  2. No amendments, just cancel it altogether.
  3. Something around soulbound tokenization/NFT would be my first step towards a solution.

Sample Voting Issue 2:
3. Split reimbursement - rationale - Although the total amount of hacks & scams in web3 is relatively small (less than 2%) compared to the amount of honest/good projects. It is still the focal point of scare that stops it from going towards mass adoption. Bad PR is just bad for the entire web3 industry. To improve upon the psychological safety of new entrants into the system there should at least be a fractional reimbursement option (similar to fractional options with FDIC-insured banking). In the larger picture, it also depends on who was the culprit & if there is a way to recover. I would think of also building a conviction voting-based mechanism to rapidly gain insights from fellow DAO contributors on something like this in real-time.

Languages I speak and write:

  • English, Hindi, Urdu

Disclosure of Conflict(s) of Interest:

  • no conflicts of interest as such, I presently consult/contribute as a product lead @ Protocol Labs & Gitcoin DAO. So although my time will be limited my passion isn’t :slight_smile:
3 Likes
863

Name: Amir

Wallet Address or ENS: amir0.eth

Tally Profile URL: amir0.eth

Which areas are you interested in contributing to? You can choose up to two tags:

  • Public Goods funding
  • ReFi development on Arbitrum (Green Arbitrum)

Please share your perspective on the overall goals for the DAO:

In my opinion, while aggressively pursuing liquidity mining might not be the best approach, it is necessary at the start. We need to actively engage all sectors of the market and create sustainable platforms and users.

Regarding issues raised in other communities:

Sample Voting Issue 1: Uniswap & Flipside
I would vote against Uniswap. This move could lead to the centralization of power and create an unfair advantage for Flipside.

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

Sample Voting Issue 2: FEI RARI Hack
As a delegate, I would not support reimbursement for the Rari hack.

Languages I speak and write: English, Turkish, Azari, Persian

Disclosure of Conflict(s) of Interest: I have no conflicts of interest with Arbitrum. I strongly believe that public goods and ReFi are essential segments of every chain.

ARBITRUM! :blue_heart: :orange_heart:

1 Like
864

Name (organization or individual)
0x0nur (individual)

Wallet Address or ENS
0xA2A2602bC84371E6A7af8b88467E8b3f10aa7658

Tally Profile URL
Tally | 0x0nur.eth

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

  • Public Goods funding
  • DeFi development on Arbitrum
  • Gaming development on Arbitrum
  • Improving Governance participation

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?
DAO is not the purpose, it is the tool to achieve the community’s goals.
The main goal of DAO is to maintain and ensure the community trust in the effective and decentralised decision making. In other words, a DAO’s main goal should be to ensure all members believe that DAO works and will continue to work in the future.

Please share your stance on issues that were raised previously, in other communities, as described below:

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?
    Against

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

  • DAO proposals for grants should not be pegged to fiat, especially at these amounts. 25M USD grant over two years no matter the price of UNI is a very hard burden on UNI to carry. It should have been based on UNI.
  • Flipside should be introduced and doxxed (where needed) in the introduction.
  • It should be explained what is DAO’s interest in giving away bounties to user who has not touched Uniswap before. I personally doubt if people who has not touched Uniswap in web3 are the target audience for a bounty.
  • Pilot program data should be substantiated. What is the understanding from ‘retention’? Did they retain after pilot bounties ended, or did they hold on because there were more bounties?
  • DAO should have discussed multiple projects, maybe there could be multiple proposals from different projects, not just Flipside.
  • DAO paying for the project owner’s employee salaries, database and node management does not make sense.
  • Giving control of funds only to farm yield should be well thought of.
  • 3 people from Flipside in the allocation committee is not acceptable, not only because they are over-represented but also because Flipside’s all costs are reimbursed and their corporate interests are not aligned with the DAO. Seats should either consist of ethically unbiased opinion leaders and or DAO members that have aligned individual interests.
  1. How would you approach the tradeoff between centralization of authority and the ability to get things done?
    With proper checks and balances protecting the DAO’s interests, it could be accepted but very important that temporary deviations do not go against the principles, ideas and goals of the DAO, ehich brought the community together in the first place.

Sample Voting Issue 2:
Issue Overview:

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. No Reimbursement

Please elaborate on what instances you believe it is right to refund and which are not.

This is a textbook case showing the need for DAO Constitutions. I am a lawyer and in law, either in court judgment or jury verdict, same questions shall not be asked twice, unless there is material changes that revealed later which could have affected the decision. A well-structured DAO (either by code or community consensus) should not allow proposals to ask same questions based on same material facts. But if somehow asked, then the most recent DAO decision should be honored. I was not able to find the vetoed proposal on the web to check if there is any material difference to what the DAO said no and yes.
Ethically I am in favor of reimbursement in a hack of this nature, so personally it is a desired outcome for me. But preserving the trust in the DAO is much more important. Second proposal should have been clear in what it is asking or should not be allowed to ask the same question.

Languages I speak and write:
English, Turkish, Italian with (beginner Spanish and Swedish)

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.

I do affirm that 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.

2 Likes