We believe that DDA model strikes a balance between speed, decentralisation and accountability. As specified in our proposal, the elected domain allocators will run their domains independently in a transparent manner on Questbook. They will take independent decisions for their respective domains based on their evaluation rubric. If deemed necessary, they may choose to consult the Arbitrum core team and members of the foundation to ensure alignment with the with the Arbitrum’s roadmap and gain additional insight into the considered proposal.
The Program Manager will be responsible to facilitate the communication between the Arbitrum core team, foundation, and the domain allocators. Additionally, we will reach out to the foundation for any operational support as suggested by the members of the foundation.
The program design includes provision for community members or delegates to replace/remove any domain allocators during/at the end of two quarters if their performance falls below expectations. In case of any issues, the Program Manager will proactively seek inputs from the Arbitrum DAO and/or the foundation based on the nature of the issue.
Thank you Krst for acknowledging the need of the proposed program. The grants program proposed by us is a community-run grants program. The reason why we submitted this proposal is that there is no community-run grants program for Arbitrum prior to our proposal. While the decision to pursue different grant program approaches lies with the Arbitrum community, we are open to collaborate and support any other programs the community chooses to implement in the future.
As specified earlier, we want to be doubly careful on the amount of funding requested for the proposed grants program, especially in a bear market and these uncertain market conditions. The proposed grants program will be the first ever for the Arbitrum DAO, and we aim to ensure that the allocated funds are deployed in an efficient, responsible and prudent manner. We will request a larger budget that may fit other existing grant requests if the proposed model is successful based on the key metrics specified in our proposal and community inputs.
While the decision to pursue different grant program approaches lies with the Arbitrum community, we are open to collaborate and support any other programs the community chooses to implement in the future.