The following reflects the views of the Lampros DAO governance team, composed of Chain_L (@Blueweb), @Euphoria, and Hirangi Pandya (@Nyx), based on our combined research, analysis, and ideation.
We are voting FOR the proposal in the Snapshot voting.
We support this proposal because it creates a way to make sure DAO funds are being used properly by everyone who receives them.
This program will help community members play an active role in keeping the DAO funds safe. Also, the updated proposal defines clear severity levels for funds misuse and provides strong incentives for whistleblowers through both base rewards and a percentage of recovered funds.
The program will help prevent the misuse of funds since anyone thinking of misusing funds will know the community is watching. We like that the program covers all projects that receive DAO funding, which means nothing is left unchecked. Having three reviewers look at each report is great for evaluating problems.
This program is an important step in protecting our DAO’s resources while getting the community more involved in keeping things safe. We believe this mix of community watching and organized review will make Arbitrum stronger and safer.