The Treasure ARC is generally supportive of this idea, viewing any effort to enhance security as a positive step. Regarding the specific proposal, we are aligned with the Panda Tier, as it effectively balances supporting the concept with an appreciation for the importance of Arbitrum in preserving it’s capital to spend on other initiatives.
From our perspective, it is crucial for the Arbitrum DAO to actively participate in public good initiatives, especially in areas like overall security. While metrics like TVL rankings are often highlighted, the EVM and L2 communities should be seen as a unified ecosystem. Initiatives like this, which benefit the entire community, deserve our support. We appreciate that Arbitrum has this opportunity to demonstrate that we’re not competing in this realm but rather collaborating for mutual benefit. We are eager to see the outcomes of the Hackathon and hope it leads to significant advancements in EVM security. Additionally, the post-event Immunifi Hack will be an exciting event to observe and participate in.