2 Polls Closing October 17, 2024
LTIPP Retroactive Community Funding Selections
Summary: This poll asks ARB holders if they support allocating the 100,000 ARB earmarked for retroactive funding in the LTIPP program. The options are:
Powerhouse
Cp0x
Lampros Labs DAO
Origin Protocol
Tokenguard
Serious People
Do not fund
Abstain
Recommendation: Vote Do Not Fund. As a member of the LTIPP council, GFX is satisfied that all service providers were adequately funded, and the 100,000 ARB can be returned to the treasury address.
Establishing a DAO Events Budget for 2025
Summary: This poll asks ARB holders if they support creation of a $1,500,000 annual events budget and three-member panel to administer RFPs. The three members would be Entropy Advisors, the ADPC, and Disruption Joe, and there is not currently a plan to compensate them. Unused funds would be returned after one year.
Recommendation: Vote For. Spread across multiple industry events, this budget seems sufficient. If no additional events are added, the three expected will not exhaust the entire budget and result in return of funds.
2 Polls Closing October 18, 2024
Enhancing Multichain Governance: Upgrading RARI Governance Token on Arbitrum
Summary: This poll asks ARB holders to assist RARI DAO in migrating governance to Arbitrum from Ethereum, which requires a permissioned function for the gateway router that Arbitrum governance controls.
Recommendation: Vote Yes. This should probably have a streamlined process to grant these requests since it might become commonplace.
ArbitrumDAO strategic “Off-site” (online) updated proposal
Summary: This poll asks ARB holders if they support allocating 30,266 ARB to planning an “off-site”.
Recommendation: Vote No. The “off-site” would be limited to 50 delegates, 100 tokenholders, OCL, and the Foundation. Given that it’s supposed to be online, this seems a needless exclusion. Otherwise, we are supportive!
2 Polls Closing October 24, 2024
[Non-Constitutional] Arbitrum DAO Delegate Incentive Program
Summary: This proposal seeks to fund the Delegate Incentive Program with 10,560,000 ARB to continue operation. Maximum compensation for a top delegate with perfect participation would be $7,000 per month.
Recommendation: Vote For. This program is important for maintaining an active, vibrant community of delegates. Renewal of it is reasonable and necessary.
Fund the Stylus Sprint
Summary: This proposal seeks to fund a Stylus-specific grants program with 5,330,000 ARB. 5,000,000 would be used as grant funds, and 330,000 for operational/compensation of committee members.
Recommendation: Vote Against. We believe Stylus is a promising product, but its entire purpose is to make it easier for developers to write smart contracts on Arbitrum One and Arbitrum Nova. If it requires subsidies to convince developers to use Stylus over existing practices, then it has failed to live up to its promise, which was to require less effort for developers.