GFX Labs Delegate Communication Thread

2 Polls Closing June 5, 2025

Adjust the Voting Power of the Arbitrum Community Pool & Ratify the Agentic Governance Pivot
Summary: This poll asks ARB holders if they support ratifying the changes to Event Horizon’s Arbitrum governance operations (see here for background on the pivot from onboarding users to utilizing AI agents). Event Horizon is currently delegated 7,000,000 ARB from the treasury.

Voters may choose amongst:

A) EH’s pivot will be ratified, but no change to VP will be introduced.
B) the MSS will return the 6,900,000 ARB (7,000,000 minus the 100,000 delegated to Event Horizon) from the respective Safe to the DAO’s treasury.
C) the MSS will return the entire 7,000,000 ARB to the DAO’s treasury.
Abstain

Recommendation: Vote B. Event Horizon has ultimately not met its original goal of onboarding small users to vote with the current delegation, which is much larger than the vast majority of delegates. Event Horizon currently has a top-20 delegation.

We support their experimentation with AI agents in governance, even if we are unsure if it will work. But as Event Horizon shifts into a more experimental mode, the delegation from the public treasury should be sized accordingly. If the Event Horizon experiment shows obvious benefits, delegation can always be added back, but for now, it’s simply too much to leave 7m ARB voting power on a speculative use case.

Wind Down the MSS + Transfer Payment Responsibilities to the Arbitrum Foundation
Summary: This poll asks ARB holders if they support transferring all DAO-owned multisigs to the Arbitrum Foundation from the Multisig Support Services. The MSS budget of 600,000 ARB is likely to be exhausted before the end of the current budget cycle due to poor price performance of ARB.

Recommendation: Vote Against: Continue the MSS. While we acknowledge this would lead to some cost savings, we are worried about the centralization of more and more operations into the Arbitrum Foundation. It is vital that governance retain control over all funds that it realistically can, rather than hand the keys over to the Foundation or any other externally controlled entity. If anything, responsibility should be shifting out of the Foundation and into the DAO and DAO-controlled entities.

It should be noted that Arbitrum’s major competitor, Optimism, which has long been noted as more centralized than Arbitrum, is moving in the other direction by establishing a budget board and incrementally increasing governance control over funding. It’s disappointing to see Arbitrum, traditionally one of the bastions of decentralized, pluralistic governance, steadily moving more and more control under the Arbitrum Foundation.

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