We are generally not in favor of this proposal as it currently stands. While we understand the importance of strengthening Ethereum’s security, this proposal does not clearly outline a tangible benefit to Arbitrum or the DAO. Additionally, the requested sponsorship amount seems high given the lack of detailed information.
To make a more informed decision, we would like to request the following details:
- Breakdown of Expenditures: How will the $2 million being raised from the Ethereum Foundation and other sponsors be utilized? A detailed line-item breakdown of the proposed expenditures would provide much-needed transparency and help justify the sponsorship ask.
- Sponsorship Transparency: We would appreciate more clarity on which sponsors you are targeting and how they align with the goals of this event. Understanding who else is being approached for sponsorship would provide insight into the strategic vision behind this initiative.
While we recognize the critical role of security in the Ethereum ecosystem, we need more detailed information to fully commit to this initiative. We are open to reevaluating our position once these details are provided and the potential benefits to Arbitrum and the DAO are more clearly articulated.