MSS Update
With the proposal to wind down the MSS successfully passing Snapshot, the MSS is coordinating with the Arbitrum Foundation to transfer control of the funds for each initiative smoothly. Once the Foundation is ready to receive funds, they’ll share the list of addresses in the forum for confirmation, and then the MSS will begin transferring the balances. The target date for that transition is June 15th.
In the meantime, here’s a quick update with all the transactions the MSS has executed since the last update on May 20th.
MSS Payroll
49,751.24 ARB to MSS members for May | $2,500 each for Sinkas and Cattin, and $1,500 each for Atomist, Cole, Disruption Joe, Griff Green, Jojo, JuanBug, Matthew Stein, and Ultra. (tx link)
19,059.90 ARB to Regen Financial for May (tx link)
24,788.56 ARB to MSS members for half of June | $1,250 each for Sinkas and Cattin, and $750 each for Atomist, Cole, Disruption Joe, Griff Green, Jojo, JuanBug, Matthew Stein, and Ultra. (tx link)
19,394.40 ARB to Regen Financial for June (tx link)
The MSS decided to pay its responsibilities until the middle of June ahead of time to avoid facing a shortfall of funds due to a potential decrease in ARB’s price.
Stylus Sprint
26,000 ARB for CoBuilder’s second milestone (tx link)
25,500 ARB for Stylus Fuzz’s first milestone (tx link)
51,000 ARB for Stylus Fuzz’s second milestone (tx link)
1 ARB for a test transaction to Syndicate (tx link)
44,000 ARB for Walnut’s second milestone (tx link)
70,000 ARB for Moving Stylus’s second milestone (tx link)
20,000 ARB for the Stylus Committee members | 5,000 each for SEED, Michael Lewellen, Gustavo Gonzalez and Jojo (tx link)
12,000 ARB for Stylus SDK’s second milestone (tx link)
360,000 ARB for Thirdweb’s second milestone (tx link)
Delegate Incentive Program
40,910.25 & 18,537.46 for May’s service payment to SEED and Karma, respectively (tx link)
23,565.84 ARB for Camelot’s retroactive DIP from February and March (tx link - same as above, as it was a batched tx)
288,134 ARB for DIP Payments in April (tx link)
Hackathon Continuation Program
4,000 USDC for each of Welivedit.ai & Contribo for their second month (tx link)
4,000 USDC to Fair.ai for their second month (tx link)
Event Horizon
6,900,000 ARB returned to the DAO’s treasury (tx link)
As the MSS is winding down, we’ll also work on a post-mortem report to share all the learnings we’ve gathered over the past few months.