This will be the main communication thread for Gauntlet’s Arbitrum DAO governance votes both on Snapshot and Tally.
Arbitrum Stable Treasury Endowment Program
We believe it is important for the Arbitrum DAO to diversify its treasury. Arbitrum’s $6B treasury is one of it’s most competitive assets. If managed properly the treasury can sustainably fund ongoing DAO operations, offer builders the resources they need to attract users, and serve as a means of bootstrapping DeFi liquidity.
This is a well thought out proposal which will help aid in both diversifying the treasury and attracting DeFi projects via liquidity. We are excited to support this proposal and future treasury diversification proposals.
ArbOS Version 20 “Atlas”
EIP-4844 has been a big piece of the excitement around ETH L2’s. It offers the possibility for gas costs on Arbitrum to get reduced even more and may allow for increased sequencer fees. We are excited for what this will help enable when implemented.
Batch Poster Manager and Sequencer Inbox Finality Fix
OpSec is an important part of crypto and hacks are too common. Any kind of irreversible hack to the Arbitrum protocol could be catastrophic for it’s long-term adoption. We appreciate this proposal’s efforts to reduce the security risk of Arbitrum by creating a “batch poster manager”.
Empowering Early Contributors
While we do believe it is important to empower and reward early contributors, it can be a tricky balance deciding who does and does not deserve rewards. We do not believe we are prepared to evaluate the contributions of these individuals, so we opted to abstain. If the community values their inputs and opts to rewards these individuals, we support that decision.
Long Term Incentives Pilot Program
Incentives are a core piece of an ecosystem’s ability to grow. It is important for the Arbitrum DAO to deploy their treasury to help ecosystem projects in a responsible fashion. The LTIP is a step in the right direction for getting ongoing project incentives in place, that will rewards developers for coming to Arbitrum.
We encourage the DAO to maintain an analytical approach to their incentive programs, as we learn from these experiments and create positive ROI systems. We hope the committee in charge of LTIP takes time to learn from the STIP program and hones in on long-term value generative incentives for Arbitrum.