1 Poll Closing October 23, 2025
AGV Council Compensation Calibration: Benchmark for Future Council Terms
Summary: This poll asks ARB holders if they support raising the compensation of the AGV Council from $30,000 to $50,000 for most council seats, and from $80,000 to $100,000 for the investment focused council seat. All seats would also be given a 60,000 ARB bonus with a 6-month vesting period.
Recommendation: Vote For. While we are generally skeptical of the work to date of the AGV, we are strong proponents of paying people fairly for ongoing work commitments, and attracting the best possible candidates for the upcoming council elections.
1 Poll Closing October 30, 2025
Transfer 8,500 ETH from the Treasury to ATMC’s ETH Treasury Strategies
Summary: This proposal asks ARB holders if they support transferring 8,500 ETH to be managed by the Arbitrum Treasury Management Council.
Recommendation: Vote For. As we noted here, the ATMC is underperforming simply holding stETH. Given the increased risk profile and lack of risk premium, we did not support transferring additional funds to the ATMC. However, revisions have been made to establish low-risk benchmark yields (stETH, STEP yield, and Aave deposit yield) to discourage underperformance going forward. We view underperformance of these benchmarks as reason to force a change in allocation in the future.