GFX Labs Delegate Communication Thread

4 Polls Closing April 3, 2025

TMC ARB Recommendation
Summary: This poll asks ARB holders if they support deploying 10,000,000 ARB into an onchain strategy with Karpatkey and Avantgarde.

NB: The Treasury Management Committee recommends no allocation.

Recommendation: Vote NO, Deploy Nothing. The Treasury Management Committee recommends no allocation based on risks, reward, and complexity in monitoring.

TMC Stablecoin Recommendation
Summary: This poll asks ARB holders if they support liquidating 15,000,000 ARB and then deploying the stablecoins into onchain strategies with Karpatkey, Avantgarde, and Gauntlet.

Recommendation: Vote NO, Deploy Nothing. We wish these three recommended strategies could be voted on separately, because they are not especially similar in risk, return, operational complexity, or fee structure. In particular, Gauntlet is offering a simple strategy with no fees charged to governance, while the others have significant need of active management, uncertain returns projected, and come with AUM fees that may or may not be justified.

OpCo – Oversight and Transparency Committee (OAT) Elections
Summary: This poll asks ARB holders which three candidates they support for the Oversight and Transparency Committee for the newly authorized OpCo. Two additional members will be appointed by the three elected members.

Candidates:
A.J. Warner (ajwarner90)
Belmin Kalkan (0xRecruiter)
Chris Cameron (PaperImperium)
Edgar Prediger (EzR3aL)
Federico Daffina (Federico)
Frisson (Frisson)
Jana Bertram (Janabe)
Joseph Schiarizzi (cupojoseph)
Marc Zeller (MarcZeller)
Patrick McCorry (stonecoldpat)
Paul Imseih (Pablo)
Pedro Breuer (pedrob)

Recommendation: Vote 33% Chris Cameron (PaperImperium), 33% Joseph Schiarizzi (cupojoseph), 33% Pedro Bruer (pedrob), 1% Frisson (Frisson). Joseph, Pedro, and Frisson all are thoughtful with attention to detail, and a commitment to transparency.

NB: This vote distribution complies with the code of conduct covering self-voting.

[Non-constitutional] ARB Incentives: User Acquisition for dApps & Protocols
Summary: This poll asks ARB holders if they wish to authorize a $3,000,000 budget for off-chain advertising campaigns to attract users to Arbitrum. The focus primarily is on bridges/wallets and DeFi.

We encourage voters to carefully review the full proposal here, with full details on execution, strategy, and justification.

Recommendation: Vote Against. We would support this with a smaller initial budget, with a larger follow-on budget if results materialize. Overall, we agree this is a blind spot for Arbitrum’s ecosystem, and with experimenting with at a lower total budget.