1 Poll Closing July 26, 2024
Furucombo’s Misuse of Funds
Summary: This poll asks ARB holders if they support a ban on Furucombo, its founders, its current team members, and affiliated contributors from ArbitrumDAO funding or roles. This is in relation to alleged misuse of funds and nonresponsiveness by Furucombo. Furucombo has returned part of the funds in question during the voting period for this poll.
Recommendation: Abstain. We agree some action is justified. It is not clear, however, how this ban would work in practice. Would a mere discord moderator employed by Furucombo forever be barred from Arbitrum funds and positions? If a Furucombo employee moves to another project, is that project then barred from Arbitrum funding and participation? Statements by the author on the forum suggest no, but that is not codified in the proposal being voted upon, so we don’t wish to rely upon it. What ensures this ban is enforced equally 6 months from now and 6 years from now? For these reasons, we abstain, and suggest a narrower ban only on the company and founders would be appropriate, specifically defined in the proposal, and potentially for a specific period of time (e.g. 5 years).
1 Poll Closing July 31, 2024
Change Arbitrum Expansion Program to allow deployments of new Orbit chains on any blockchain
Summary: This poll asks ARB holders if they support removing the prohibition of Orbit chains settling on non-Ethereum networks in the Arbitrum Expansion Program.
Recommendation: Vote Yes. It still remains unclear if the Arbitrum Expansion Program (and the similar Optimism Superchain program) will make major financial contributions to Arbitrum governance. However, removing this restriction seems like it holds little downside, allowing the program to be available in non-Ethereum markets. Realistically, any potential Orbit chain not using Ethereum likely would not have been convinced to settle on Ethereum just to participate in the program.
1 Poll Closing August 1, 2024
Entropy Advisors: Exclusively Working With Arbitrum DAO
Summary: This poll asks ARB holders if they support a budget of $2.47m (in ARB) plus the possibility of a 1,500,000 ARB bonus for Entropy Advisors to work exclusively with Arbitrum governance.
Recommendation: Vote No. As discussed on the forum, we feel this budget is off-market to comparables elsewhere, and it’s difficult to imagine how 10 full-time positions (totalling ~400 hours/week) could productively be put to work for Arbitrum governance by a single entity.