Thank you for the feedback. So if you measure in Arb then yes it is slightly more but like most people, we measure the value in USD. With the price depreciation of ARB it’s actually much less. The amount of work that we did for the DAO far exceeds the amount we are asking for and anyone who worked on the LTIPP will acknowledge the amount of work that we did.
To say that you should just take the money back is a rugpull on people who contributed with the expectation of some compensation on the back end and would completely undermine the purpose of setting up this fund in the first place. I do not think this would be good for people’s trust in the DAO.
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In my opinion, the various incentive programs and grants existing in Arbitrum DAO have already given sufficient rewards to these contributors, so I think it is not necessary to set up another LTIPP Retroactive Community Funding separately. I’d love to hear more thoughts on this issue.
I am unfortunately having to vote AGAINST, because i do not have the context to make an appropriate vote on compensation to individuals.
I really thought ARB DAO had moved beyond us voting on individual people getting compensation. I would much rather have had stable labs or the council/application advisors give an assessment on who were the people that helped and how much they should be paid.
As it stands, i don’t think delegates should be voting on individual contributions when we really don’t know who helped how much.
I voted no, there are already sufficient programs to fund community member, by being an active delegate, active in a Multisig and many other things.
I’m going to have to vote against this one. While I genuinely appreciate the hard work and dedication from the individuals involved, I don’t believe that retroactive funding is the right approach in this case