HiringDevs.eth Delegate Communication Thread

This will be the main communication thread for my personal governance delegation and votes for both Snapshot and Tally.

As a reminder, I am now an employee of Gauntlet, but was an Arbitrum delegate long before joining Gauntlet. I will continue to manage my personal delegation in line with the views on my original delegation application; these may be similar outcomes to how Gauntlet votes. I will recuse my personal delegation for any votes with conflicts of interest for myself or Gauntlet.

Snapshot Votes
ArbOS Version 20 “Atlas”
Vote: For
I am really excited to see the development around EIP-4844 and am optimistic about the impact this proposal will have on the long-term adoption of Arbitrum. While many chains have been talking about the positive impact of 4844, Arbitrum is leading the charge in terms of implementation. This is a big step that can both reduce gas costs and improve the profitability of the protocol.

Batch Poster Manager and Sequencer Inbox Finality Fix
Vote: FOR
This is a great step from the DAO at improving the safety of Arbitrum and decentralizing operations. I am pleased with the simplicity and elegance of this proposal at addressing a clear problem for the protocol’s security. With other major chains having suffered hacks from compromised wallets, it is great we are able to proactively make this change and not risk having Arbitrum reach the same fate.

Empowering Early Contributors
Vote: ABSTAIN
I am in favor of early contributors getting compensated, but also worry about where/how to draw the line. Abritrum is now quite large and has an abundance of contributors, while we would not have gotten here without the early contributors, we need to focus on how to retain and empower the contributors we currently have.

I am not personally familiar with this contributors actions, so I opted to Abstain. If the community values the contributions that is okay. If this becomes a funding strategy the community wants to lean on more, I would encourage them to create a scalable program more akin to Optimism’s RPGF vs. doing one off payments.

Funding for Into the Dungeons
Vote: AGAINST
Arbitrum needs to figure out how to build a gaming ecosystem, but I am worried that this proposal may cause more delays in rolling out larger, more scalable programs for the rest of the community. This proposal favors a single project and does not result in any user incentives. While there may be merit this structure of funding, the DAO will likely want to monitor it’s performance before continuing with similar programs for other projects. This gives an unfair advantage to this project, as well as risks the DAO deciding not to fund other games.

I would encourage the community to work on a dedicate funding track for games, which can be easily scaled and monitored moving forward.

Tally Votes
Long Term Incentives Pilot Program
Vote: FOR
Arbitrum is at risk of losing new developers and users to emerging ecosystems, which have recently launched tokens and fresh incentive pools. With the remainder of Arbitrum’s incentive programs running out, LTIP will be an important program for the community to rely on for continued user incentives. I encourage the LTIP council to focus on developing a data-driven methodology that can result in positive ROI for the DAO.

Changes to the Constitution and the Security Council Election Process
Vote: FOR
This is a straight forward update that will improve the election process for the security council. I am happy to support.

2 Likes

Snapshot Votes
Funding for Plurality Labs 1B
Vote: FOR
Joe has been a valuable resource for the DAO. He has helped coalesce action and get the DAO oriented around a common mission, while actively working to not become the central figure. I am happy to support this proposal and see builders that add value to the ecosystem get funding.

ARDC Research Member
Vote: 100% Blockworks/Delphi
Matt from Blockworks has been an invaluable resource for the Arbitrum DAO and helps drive important conversations. Beyond that Blockworks and Delphi have been active in the blockchain research space and do great work. I am glad to see their collaboration here.

ARDC DAO Advocate
Vote: 100% L2Beat / Ant Federation
L2Beat has been an important voice in the early days of the Arbitrum ecosystem and other Layer 2 DAOs. They do a great job of coordinating members of the ecosystem, pushing conversations along, and placing checks/balances where it makes sense. I am less familiar with Ant Federation, but eager to see their work along side L2Beat.

ARDC Security Member
Vote: 1/3 Zellic/Debaub, 1/3 Halborn, 1/3 OpenZeppelin
There are many great auditing firms, which made it hard to narrow down. The quality of applicants speaks to the success of the original ARDC proposal in scoping for security firms. Zellic took this even further by including a wide range of specific services, which seem highly valuable to the DAO. I would be keen to see more proposals in this form for service providers. Halborn and OpenZeppelin had slightly more cost effective proposals for the DAO and do great work in other ecosystems. I believe this range of options from great firms is a big success for DAO selection processes.

ARDC Risk Member
Vote: ABSTAIN
There is not an abstain option for the vote, so I am choosing not to vote. I have a conflict of interest due to my employer, Gauntlet.

Fix Fee Oversight
Vote: FOR
I am very supportive of all the technical upgrades that need to take place before the implementation of EIP-4844.

Tally Votes
Arb OS Version 20
Vote: FOR
I am very supportive of all the technical upgrades that need to take place before the implementation of EIP-4844.

Snapshot Votes
Continuation of Arbitrum DDA Program
Vote: FOR
I have been pleased with the structure of the Questbook program and their hands-on involvement with the Arbitrum ecosystem. Their lack of activity has definitely been noticed since the funding expired and I believe it is important for the DAO to renew the program, so builders can have access to more funding streams.

Tally Votes
Fund Plurality Labs 1(B)
As stated during the Snapshot phase, I believe Joe and the larger Plurality Labs teams have been valuable members of the Arbitrum DAO and active in pushing operational efficiency. I am pleased with the revisions they did during their proposal process and their willingness to collaborate with the DAO at large. I am excited to see what comes next from their involvement.

Snapshot Votes
Front-end interface to force transaction inclusion during sequencer downtime
Vote: Abstain
While this seems like it could be a valuable initiative, especially given Optimism has something similar, I believe there needs to be more conversations about the risks around this interface, as well as the optimal process for sourcing/hosting the frontend. There has been some active conversations in the forum, but I believe some reservations were brought up last minute and not fully addressed before the proposal was submitted.

Catalyze Arbitrum Gaming
Vote: FOR
This is a well thought out proposal that will help Arbitrum start allocating more tokens towards gaming projects. I appreciate the thought that went into designing this program and its ability to align incentives between gaming projects and the DAO via longer-term initiatives. I would like to see more proposals that help Arbitrum DAO get VC-style upside to drive more sustainable economics.

Tally Votes
Stable Treasury Endowment Program
Vote: ABSTAIN
While we are supportive of the initiative, there were changes to the proposal in between the Snapshot and Tally vote. Generally we should not start the precedent on making changes during the governance process, without thorough discussion among the community. The changes amount to $100K+ spend for the DAO, which is not significant in the scale of the treasury or even this proposal, but is still a significant sum of money.

Security Council
Vote: Fred - 146.92K, Zellic - 80K, Certora - 80K, OpenZepellin - 14.18K
I believe the Security Council requires a set of individuals or firms with a deep background in smart contract design and security testing, especially those with familiarity with the Arbitrum codebase. For that reason I supported Zellic, Certora, and OpenZepellin as leading audit firms in the industry and ecosystem (OpenZepellin ended up reaching the necessary vote threshold after 14.18K votes). I additionally supported Fred with an over-sized vote as he is one of the people most familiar with the nuances of Arbitrum’s design.

Snapshot Votes
LTIP Applications
Vote: FOR all Council recommendations
The LTIP advisors went through a thorough process to get projects to update their requests, fine-tune the structure of their incentives, and align the projects with the DAOs priorities. I am happy to support their recommendations for the DAO.

Tally Votes
Fund the Continuation of Arbitrum DDA Program
Vote: FOR
Questbook has been a valuable funding stream for the DAO and has enabled builders to get started in the Arbitrum ecosystem. I think it is a worthwhile cause for the DAO to continue moving forward.

Tally Votes
Arbitrum Security Council
Vote: 80.25K Fred, 80.25K Zellic, 80.25K OpenZeppelin, 80.9K Certora
It is important for the Arbitrum Security Council to be a highly technical group and I believe these four have a strong ability to meet that standard. I went for roughly 1/4th of my delegation for each, the few extra votes for Certora should be viewed as more of a operational discrepancy rather than any particular signal.

Snapshot Votes
Subsidy for Security Services
Vote: 1 cohort of 8 weeks; $2.5M budget
Providing security services will help encourage developers to deploy on Arbitrum and spend more of their funding on user growth. This also helps ensure that the Arbitrum ecosystem is safe and secure. I opted for a smaller budget as many projects have already been audited and it’s not clear just yet that a larger budget is necessary.

Safeguarding Software Developers’ Rights & the Right to Privacy
Vote: Abstain
While this proposal is interesting it feels tangential to the purpose of Arbitrum DAO and not within the scope of proposals I personally feel capable of evaluating.

ACryptoS LTIP
Vote: Abstain
I generally maintained the views of the original advisors, but opted to abstain as there are leftover funds, so if the community supported it would pass.

Connext LTIP
Vote: For
Connext has been a long term project in the blockchain ecosystem and improves the UX of Arbitrum through improved interoperability.

Smilee LTIP
Vote: Abstain
I generally maintained the views of the original advisors, but opted to abstain as there are leftover funds, so if the community supported it would pass.

GovHack at ETHCC
Vote: For
GovHack was a great event during Denver. It was clearly impactful at kicking off governance activity and helping coordinate the DAO. I would love to attend an event during ETHCC.

CVI LTIP
Vote: Abstain
I generally maintained the views of the original advisors, but opted to abstain as there are leftover funds, so if the community supported it would pass.

Rage Trade LTIP
Vote: For
Rage Trade is building an interesting defi protocol that I believe can help onboard users to Arbitrum. Given the 50%+ reduction in the grant ask this proposal seems reasonable.

D2 Finance LTIP
Vote: Abstain
I generally maintained the views of the original advisors, but opted to abstain as there are leftover funds, so if the community supported it would pass.

Bedrock LTIP
Vote: For
Bedrock poses an interesting opportunity for Arbitrum to gain a larger share of the restaking market. Their reduced ask of about 50% seems like a reasonable request.

Yearn LTIP
Vote: For
Yearn is one of the oldest brands in defi. Their updated proposal to focus on net new flows and adding in an execution plan with milestones is a more reasonable request and worth funding.

Deri LTIP
Vote: Abstain
I generally maintained the views of the original advisors, but opted to abstain as there are leftover funds, so if the community supported it would pass.

Tradao LTIP
Vote: Abstain
I generally maintained the views of the original advisors, but opted to abstain as there are leftover funds, so if the community supported it would pass.

Dodo LTIP
Vote: For
Dodo has been a long term defi project and given the updates to the proposal this request feels reasonable.

Proposal for Approval of DeDaub as the ADPC Security Advisor
Vote: For
DeDaub has been active in the Arbitrum ecosystem for a while

Pilot Phase: M&A for Arbitrum DAO
Vote: For
M&A is a potentially valuable initiative for the DAO as it looks to differentiate from other ecosystems with robust technical support. M&A can be a tricky form of asset management due to the lack of objective returns (how do you value an acquired company post acquisition?) and sensitivity of information disclosure during operations (you can’t buy a company via a DAO forum, so how do you handle permissions). I think between Areta’s DAO sessions and the deliverables from this proposal, the DAO will be in a better place to evaluate a larger M&A initiative.

Tally Votes
Double Down on STIP Successes
Vote: For
STIP recipients should not be at a disadvantage to LTIP pt. 1 recipients due to governance processes. I am happy to support this initiative.

GovHack at ETHcc
Vote: For
GovHack was a great event during Denver. It was clearly impactful at kicking off governance activity and helping coordinate the DAO. I would love to attend an event during ETHCC.

Snapshot Votes

MUX STIP Bridge Challenge
Vote: Abstain
Mux has seen a drop-off in protocol TVL and volume, post incentives. They have made some reasonable pivots to both their product and incentive strategies which make me more optimistic about the sustainability of their incentives, but have opted to abstain until we see future results.

Stargate STIP Bridge Challenge
Vote: Approve
Stargate has been a strong project for enabling cross-chain interactions. Their incentive programs have proven effective at driving sustainable activity.

Solv STIP Bridge Challenge
Vote: Approve
Solv’s request is relatively small and they have driven a decent amount of activity, with minimal drop-off post incentives.

Sanko GameCorp STIP Bridge Challenge
Vote: Abstain
It is hard to evaluate results of the previous incentive program and trend forward any kind of ROI.

Tide STIP Bridge Challenge
Vote: Reject
Tide does not feature clear milestones they will tracking towards, which makes it difficult to evaluate the success of their program after the fact.

KyberSwap STIP Bridge Challenge
Vote: Reject
KyberSwap suffered a major exploit in recent history. Given both this and the low efficacy of their previous incentive programs I am not comfortable supporting a STIP extension.

Gains Network STIP Addendum
Vote: Abstain
Gains has received a large amount of incentive funding, but experiences major drop-offs in activity when incentives are turned off. Given the size of their current proposal, I would prefer to see better track record for driving sustainable activity.

Boost (Prev. RabbitHole) STIP Addendum
Vote: Abstain
Boost has largely built a platform for mercenaries. While this can be beneficial for bootstrapping activity, it is also largely a short-term game. Given the activity and effectiveness we are seeing on other native protocols, I believe we should orient our proposals towards those platforms.

Thales Protocol STIP Addendum
Vote: Approve
Thales has demonstrate a strong ability to grow protocol usage in a sustainable fashion.

Savvy DAO STIP Addendum
Vote: Approve
Savvy has grown protocol usage and did not experience major drop-offs in activity. Given their relatively small ask, I am voting for their proposal.

Stake DAO STIP Addendum
Vote: Reject
I am concerned about the long-term efficacy of Stake DAO’s incentive programs.

Furucombo STIP Addendum
Vote: Reject
Furucombo has benefited from incentives a number of times, but has not demonstrated an ability to driven sustainable activity.

Socket Bridge STIP Addendum
Vote: Abstain
While Socket is an earnest builder in the blockchain ecosystem, they submitted a relatively sparse application. I am opting to Abstain and allow the community to evaluate.

Angle DAO STIP Addendum
Vote: Approve
Angle have seen a massive growth in adoption driven mostly by their efforts as builders. I am happy to support their continued investment in the Arbitrum ecosystem.

OpenOcean STIP Addendum
Vote: Abstain
OpenOcean’s proposal does not provide great detail about the sustainability and efficiency of their incentive program.

Thetanuts Finance STIP Addendum
Vote: Approve
Thetanuts has seen strong performance in their metrics.

Dolomite STIP Addendum
Vote: Approve
Dolomite has seen strong performance in their metrics.

Umami Finance STIP Addendum
Vote: Approve
Umami has seen strong performance in their metrics.

Arbitrum Multi-sig Support Service (MSS)
Vote: 1) For implementing & reporting; 2) For implement; 3) Abstain; 4) Against
Most DAO initiatives require some sort of Multisig. This proposal will allow for DAO operations to get streamlined and for the DAO to save money. I am very in favor.

Streamlining the LTIPP Bounties
Vote: For
LTIPP needs a thorough audit of the efficiency around incentive spending. This proposal will help the DAO engage with the service providers that can help distill data into learnings.

Kwenta x Perennial: Arbitrum Onboarding Incentives
Vote: For
The Arbitrum DAO has largely allocated incentives towards Arbitrum native projects. Kwenta’s migration to Arbitrum will offer it a unique opportunity to win over DeFi users from a different chain ecosystem.

Tally Votes

Grant Request - Curve Finance
Vote: For
Curve has provide a clear set of KPIs for the incentive programs and offered to match the incentive request, which makes it easy to support.

Front-end interface to force transaction inclusion during sequencer downtime
Vote: For
After initially abstaining, I feel comfortable with the social consensus the DAO reached around this proposal. This will be helpful as the DAO looks to minimize disruption to applications during any sequencer downtime.

Pilot Phase: M&A for Arbitrum DAO
Vote: For
This is a beneficial first step to understand what M&A for the DAO will look like. I am supportive of the work that went into getting this proposal drafted and eager to see the deliverables the authors produce.

Catalyze Gaming Ecosystem Growth on Arbitrum
Vote: For
This is a very thorough initiative that will help encourage gaming projects to adopt the Arbitrum tech stack.

Constitutional AIP - Security Council Improvement Proposal
Vote: For
This is a helpful amendment to ensure the decentralization and security of the DAO by securing the Security Council.

Snapshot Votes

Set up a Sub-Committee for the Security Services Subsidy Fund
Vote: Against
We elected a procurement committee for a reason. It is unclear why we need to create a separate subcommittee with further funding, when the DAO is not receiving any additional services.

AIP: Nova Fee Router Proposal
Vote: For
This automation will help bolster the Arbitrum DAO Treasury, ensuring the funds are put to active use.

AIP: Activate Stylus and Enable Next-Gen WebAssembly Smart Contracts (ArbOS 30)
Vote: For
I am incredibly bullish on the future of Stylus to activate the Arbitrum ecosystem. Blockchains have long been overly opinionated about the technical stack that developers must adopt, which leads to increased friction in developer onboarding. This proposal will further Arbitrum’s ideals of inclusivity and help open up the ecosystem to a wide range of new devs.

AIP: Support RIP-7212 for Account Abstraction Wallets (ArbOS 30)
Vote: For
Enabling account abstraction via passkey-based wallets will help applications offer a seamless user experience. This will additionally, open up opportunities within mobile development. I am excited about how this proposal will impact the future of Arbitrum.

Election of STEP Program Manager
Vote: 50% Steakhouse / 50% Avante Garde
Both Steakhouse and Avante Garde have strong track records within the Arbitrum ecosystem and beyond.

Tally Votes

ArbitrumDAO Contribution; Safeguarding Software Developers’ Rights
Vote: Abstain
While I am supportive of the beneficial cause, I am not sure if this is the best use of the Arbitrum treasury funds. I am opting to abstain though to not impede the community from supporting DEF and Coin Center.

Snapshot Votes

Arbitrum Ventures Initiative
Vote: For [No IRL event]
While venture capital poses a strong opportunity for the DAO, it is a highly risky asset class. This proposal will help the DAO determine whether it is effective to deploy an ecosystem venture fund in a manner that prevents a loss of assets, enables proper disclosures/oversights, and offers a means of growing the treasury.

ArbitrumHub Evolution
Vote: Against
The budget associated with this proposal is out of line given the scope of work. It is hard to see the ArbitrumHub unlocking major market growth for the Arbitrum ecosystem, so any budget should be minimal. Pursuing funding through established small grants programs, such as Questbook, may be a better course of action.

Multisig Support Service (MSS) Elections
Vote: Pgov, Jojo, Avantgarde, Cattin, Ultra, Sinkas, Arana, StableLab, Disruption Joe, Frisson, 0xMims, 404 DAO
There were many great applicants for this program. I have personally interacted with and appreciated the contributions of these candidates within the ArbitrumDAO.

Tally Votes

Kwenta x Perennial
Vote: For
Kwenta’s migration is a unique opportunity to capture a new set of users for the Arbitrum DAO. I am excited to support this proposal.