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 this proposal in the Tally voting.
We strongly believe the Watchdog program represents a crucial initiative for safeguarding DAO resources. It leverages community vigilance, enabling a proactive approach to ensuring DAO funds are utilized effectively and responsibly.
Initially, we built an MVP called Truence (GitHub Repo) that incorporates most required functionalities outlined in the initial proposal, with the intention to participate if an RFP process was conducted for selecting the service provider to develop the Watchdog platform.
When Entropy Advisors mentioned that no RFP process would be conducted and they are exploring an alternative solution, we shared our solution directly with them to explore how it could best serve the DAO without charging anything for the platform. Ultimately, Entropy decided to proceed with GlobaLeaks due to its extensive usage, proven reliability, and robust privacy features, criteria which we also value highly. As delegates, we respect this decision and support moving forward with the program. Our MVP was created purely out of enthusiasm and support for this critical initiative, and taken part in the RFP process if it had been conducted.
Additionally, we acknowledge the committee’s decision to release Watchdog reports on a case-by-case basis. We encourage timely and transparent disclosures whenever possible, as consistent updates will help the community and delegates to stay updated on the program.
Overall, the Watchdog program marks a significant step forward for the Arbitrum DAO, enhancing security, accountability, and community involvement. We look forward to its successful implementation and long-term impact.