Updates on MSS
Following discussions with Entropy Advisors and the Arbitrum Foundation, we’re outlining the next steps for the MSS
Chair transition
With @Frisson stepping down as Chair due to his new role as a member of OAT, the MSS chairs and signers agreed to appoint the fourth most voted candidate during the elections as the new Chair - going onwards, @Sinkas will be the third Chair of the MSS. We decided not to appoint a 12th signer, and Frisson will remain an emergency signer with no expectation of being an official member of the MSS.
Proposed MSS Restructure
Then, regarding the funding situation, after discussing this with Entropy and the Foundation, we agreed that the best way forward would be to sunset the MSS and turn over payroll operations to the foundation, where the AF would run this DAO function at their discretion. This isn’t confirmed yet since the AF has to evaluate if they have the operational bandwidth to carry this out, but if this goes through, then the MSS wouldn’t seek any further funding, and its mandate would be considered complete when it runs out of funds. In collaboration with Entropy and the Foundation, we will seek community input on whether or not it makes sense to r3gens shortfall for the remainder of the ~5 months and create a plan of action over the coming weeks, which will be included in the proposal that hits the forum.
Plan B
We’re also prepared for a Plan B in case the Foundation doesn’t give us the green light, where we would introduce significant changes to the current structure and operations of the current MSS, including but not limited to reducing the number of signers, potentially including seats for members of the AF, rescoping Chair role + responsibilities, etc.