Entropy Advisors: Exclusively Working with the Arbitrum DAO, Y2-Y3

[Tane]

We maintain the same view as we did during the Snapshot vote and have voted in favor of this proposal.

However, as we reiterated in our previous comments, we believe that the ability of the DAO to properly exercise decision-making authority over critical matters is a fundamental principle of DAO governance.

@404DAO

Although we recognize that OAT’s role was always intended to evolve with the DAO’s needs, it is problematic when their mandate continues to expand and grow without any guardrails and without a way for the DAO to formally reject (i.e, veto) a critical decision made by OAT. Under this proposal’s additional mandate, the only power that the DAO has is a binary, nuclear option where it can do nothing, or end Entropy’s engagement and/or remove a member of OAT.

Although we do not question the renewal of Entropy or the existence of OAT itself, as @404DAO has pointed out, we do recognize the potential risk of management over Entropy’s activities being excessively delegated to OAT.

We believe that it is possible to build a governance model for Arbitrum DAO that allows for flexible and inclusive decision-making involving the DAO, AAE, and other stakeholders, without compromising the agility that keeps this project moving. This is an area that should continue to be improved going forward.