1 Poll Closing October 31, 2023
Empowering Early Contributors: The Community Arbiter Proposal
Summary: This poll asks ARB holders whether they support giving 20,000 ARB each to 25 early contributors. This document provides loose guidelines on what may trigger payment.
Recommendation: Vote Abstain. This would benefit from a list of the exact 25 recipients and what contribution merits 20,000 ARB. The amounts and concept are good, but we can’t vote for just sending money to 25 someones. We would vote in favor with this list.
2 Polls Closing November 1, 2023
Activate ARB Staking
Summary: This poll asks ARB holders whether they support creating a staking mechanism for ARB. ARB would be staked for 365-day periods, with a penalty for early unlock. Staked ARB would earn yield in the form of additional ARB, with a suggestion of 1.25% of total supply being distributed annually (125,000,000 ARB). Additional options are available for voting:
Fund with 100,000,000 ARB
Fund with 125,000,000 ARB
Fund with 150,000,000 ARB
Fund with 175,000,000 ARB
Do not fund staking
Recommendation: Vote Do Not Fund Staking. There are many good reasons to fund staking. Yield is one of them. However, all yield would come through dilution of existing ARB holders, since there’s not a large stream of revenue to distribute.
Build Optimal Onboarding For STIP Teams
Summary: This poll asks ARB holders whether they support 1,000,000 ARB tokens to fund quests for users of STIP-approved protocols.
Recommendation: Vote No. We’re leery of approving more funds when the 50,000,000 ARB of the STIP program has not yet begun to be digested by markets. Also, there is not robust oversight of this program, relying upon “Should we fall short of fulfilling our obligations at any point within the specified period, a new proposal can be initiated to stop the stream of funds.”