August Voting Updates
Snapshot:
ARB Staking: Unlock ARB Utility and Align Governance
- We vote for this proposal, especially after some of the promises made in the July 22 update by Frisson. Voting for how the future fund rewards will be distributed and deciding how the staking percentages will be set at a later date allows for the flexibility to alter the rates that delegates get, which can be important in ensuring that centralization by a few key players is avoided. The idea of staking seems like it would benefit the DAO and Arbitrum as a whole, as more people being involved thanks to the monetary benefit that comes from staking means governance decisions will involve more people than before.
Transparency and Standardized Metrics for Orbit Chains
- We vote against this proposal, as there are some concerns with the value of this service. The first point is that while confirmed by Blockworks that this sums up to below market value, the total cost coming out to 210k is still a big ask. The ROI and value proposition of this proposal is not apparent to us, and until that proposition is visible, this proposal does not seem like a good use of money. If another vote were to take place with more explanation/vision of how Orbit chains and their analytics can be useful in specific cases, we could get behind that.
ArbitrumDAO Governance Analytics Dashboard
- Voting against this proposal because of crossover with Karma services. Think that there are specific use cases for a project like this such as to avoid gov attacks or inspect governance tangential areas like grant usage, rather than the current generalist scope of the project. Some of the individual delegate metrics may be redundant or not particularly useful to many unless they can be integrated into the delegate incentive program rewards calculations, instead of just complementary dashboards as an audit.
Proposal to Temporary Extend Delegate Incentive System.
- Vote for this proposal. Not having any incentive system until 1.1 is implemented seems problematic, therefore maintaining the current system until the upgrades are there is the sound thing to do.
- Voted for since not even a full fledged proposal yet, just interest check. Too many details are missing so making a fair conclusion is not possible. Update the temp check with more relevant details and a supposed cost estimate.
An (EIP-4824 powered) daoURI for the Arbitrum DAO
- Against b/c procedural issues. Hugely in favor of this especially for delegates like us who function as an organization and have turnover. Makes onboarding process a lot easier and generally looking for information about the dao without having to go digging for information. Will vote in favor next time it’s created on snapshot. Just move to the proposals category to keep everything in one place.
Should the DAO Create COI & Self Voting Policies?
- Voted for “strict self voting policy”. Don’t believe delegates should be able to vote for themselves in a beneficial way especially when a nominee for an election is a large delegate. The other two policies still allow said nominee to give themselves a large number of votes. When this passes the temp check and comes down to a vote to adopt a final policy, we would also support “responsible voting policy”