MUX Protocol Delegate Communication Thread

[jeanm]

This will be the main communication thread for MUX Protocol.

We will continue update here.

[jeanm]

Tally Votes

Constitutional AIP - Security Council Improvement Proposal
Vote: For
We fully support these measures to the Security Council process which will improve security.

ArbitrumDAO Contribution; Safeguarding Software Developers’ Rights
Vote: For
Both Defi EF and Coin Center have made contributions to the web3 litigation. This funding is sending a signal that Arbitrum stands alongside of those who defend privacy and the right to utilize blockchain technology, which could potentially foster a robust community organically.

Snapshot Votes

Set up a Sub-Committee for the Security Services Subsidy Fund
Vote: Obstain

Proposal [Non-Constitutional]: Set up a Sub-Committee for the Security Services Subsidy Fund

MUX Protocol Votes abstain. We echo with most of the posts here that adding an additional layer of hierarchy should be very cautious. Meanwhile, the ADPC has the capacity to manage the security fund but they may have their own focus. After seeing the ADPC’s response, we are more sure that the ADPC will take over this responsibility.

[jeanm]

Snapshot Votes

Election of STEP Program Manager
Vote: 50% for steakhouse.financial, 50% for avantgarde.finance

We believe that all four candidates have the capability of managing the STEP program. Our decisions are based on our own experiences and understandings.
Both of steakhouse and avantgarde have extensive experience with DAOs, comprehensive analytics and monitoring. Their experiences with top defi protocols make them a good fit for the position

[NON-CONSTITUTIONAL] Pilot Phase: Arbitrum Ventures Initiative
Vote: For [ No IRL Event ]

[Non-Constitutional] Pilot Phase: Arbitrum Venture Initiative

Mux Protocol Voted for the version without an IRL event. Thanks for the team that put efforts in the proposal. We can see the differentiation with other on-going programs like M&A and GCP. DAO does need an investment arm to boost the the Arbitrum economy. However, we suggest that before moving to the Tally, the team could elaborate more on 1. budget break down 2. more detailed deliverables that can define the next phase of the AVI.

AIP: BOLD - permissionless validation for Arbitrum
Vote: For

BOLD makes Arbitrum more secure technically by allowing anyone to dispute.

AIP: Funds to bootstrap the first BoLD validator - Operational cost sentiment
Vote: For

BOLD is vital for the decentralization and security of arbitrum and important to bootstrap it.

[jeanm]

Snapshot Votes

Pilot Stage – Treasury Backed Vaults research and development
Vote: Against

This is an interesting idea, but it needs profound research from all perspectives, including economic, compliance, operation, and potential risks. Such initiative should be prudent before moving forward. Also, it makes more sense to have a general idea of the amount of the asset that can be borrowed first, and then make an action plan.

With that being said, we appreciate the work and effort made by the author and love to see how this initiative evolves afterward.

Tally Votes

Kwenta x Perennial: Arbitrum Onboarding Incentives
Vote: For

One-off application is supposed to be more strict compared to dedicated programs. We followed the discussion and saw that the application has been qualitatively and quantitatively adjusted based on community feedback.
As an ecosystem builder and a delegate, we believe it’s good to introduce competitive players from other ecosystems to potentially expand user base for arbitrum.

[jeanm]

Snapshot Votes

ArbitrumHub Evolution: The Next Step in Streamlining Information Access and Raising Awareness for Arbitrum DAO
Vote: Against

Agree that Arbitrum hub is a great site, just that 1) we don’t see a strong motivation from DAO perspective to support with half a million budget. Current communication channels already have the most attention. Some of the items mentioned in the proposal might be redundant considering the current channels. 2) The way the proposal structured is not in the best way to execute if it’s necessary to build another information channel. We suggest to propose phase by phase instead of the current structure, adding more on the deliverables, KPIs etc.

Multisig Support Service (MSS) Elections

We have a great line up candidates here for MSS. Except the background, we consider the candidates’ previous engagement, interactions and contributions within the Arbitrum governance. With that being said, we vote for 10 candidates with equal 10% of our votes:

1. Disruption Joe
2. JoJo
3. Griff
4. Ultra
5. Sinkas
6. Frisson
7. Sov
8. Cattin
9. Alex Lumley
10. StableLab

[jeanm]

Snapshot Votes

Approval of STEP committee recommendations
Vote: For

As a natural evolution of months’ work, we trust the decision of STEP committee and the line-up of the providers are among the most robust ones, with reasonable and justified allocation.

Improving Predictability in Arbitrum DAO’s Operations
Vote Order:

1. Improving Predictability

2. ABSTAIN

3. Predictability, Approval Process

4. AGAINST

We generally belive that currently there are too much going on and the goal should be making delegates’ lives easier. Making proposals predictable is definitely one way of doing that and approval from delegates before moving to snapshot is opposite.

Tally Votes

[NON-CONSTITUTIONAL] Pilot Phase: Arbitrum Ventures Initiative
Vote: For

Stay aligned with our snapshot voting.

[Non-Constitutional] - Subsidy Fund Proposal from the ADPC
Vote: For

We see the proposal being amended from the previous version. So we changed our vote to vote FOR this proposal on Tally. We are glad to see that the proposal has been changed to pilot phase now.

[jeanm]

Snapshot Votes

Pilot for a Questbook Jumpstart fund for problem definition and DAO improvement
Vote: Obstain

Echo with most of the comments in the forum, it cannot justify itself by “planing to plan”. The proposal is expected to provide a solution with identified problems. But we do think that the DAO does have issues that need to be improved. We respect the spirit.

Gaming Catalyst Program (GCP) Council Voting
Vote:
Immutable Lawyer 20%
Conflip Canada 20%
David Bolger 20%
Greg Canessa 20%
Karthik Raju 20%

Entropy Advisors: Exclusively Working With Arbitrum DAO
Vote: Fund Entropy

A well structured proposal. We are aligned with the mindset - Entropy team has done a good job before and moving forward, they’ve earned trusts to continue taking ownership of above-mentioned strategic issues. So we vote to fund Entropy.

Furucombo’s Misuse of Funds
Vote: For

We should ban players like Furucombo. We are 100% in favor of the proposal. And this case also raise some issues regarding diligence the future incentive programs. We support how the foundation has acted.

[jeanm]

Snapshot Votes

[Non-constitutional] Incentives Detox Proposal
Vote: For

We fully agree with the sentiment and the substance of the proposal. It has always been our concern that the incentive has been too aggressive and it’s time to suspend, do more of the data analysis - whether the retention has been met expectations, etc. We need time to sink and review to decide who are misusing funds, who are using in a sustainable way.

Strategic Treasury Management on Arbitrum
Vote: For

We agree with the goal of treasury diversification and yield optimization, to make long-run sustainability despite of market scenarios. The logic of liquid vs illiquid financial tools make sense. Although there are some minor issues, we generally agree with the direction and would love to see more updates on this.

Should the DAO Create COI & Self Voting Policies?
Vote: For Disclosure Policy

Generally, the two objections listed in the proposal are crucial. We cannot have bad actors have an advantage over good actors. But we do agree on the direction of exploring COI policies. So for now we vote for disclosure policy, which we belive is the next step for the DAO.

An (EIP-4824 powered) daoURI for the Arbitrum DAO
Vote: Against

We vote against for the only reason that the proposal doesn’t follow the governance process. We would love to see the update version that follows the process.

ArbitrumDAO Off-site
Vote: For

Since this is only a temperature check on whether we should explore something offsite for delegates/DAO. It’s never wrong to improve communication in our opinion, especially DAO is naturally all virtual representatives. We would love to see some form of off-site communication plans.

Proposal to Temporary Extend Delegate Incentive System
Vote: For

The proposal makes sense acting as a temporary transition period from the current incentive program to the upgraded one. Looking forward to seeing the new version!

Should the DAO Default to using Shielded Voting for Snapshot Votes?
Vote: Against

The shielded voting doesn’t make sense for DAO governance. One of the keys for decentralization governance is transparency. It just not applicable since if it’s shilded, how can I share views on the forum? If we cannot share views then the decentralized governance will not at all since that’s how we make it happen. But I do agree in some edge cases we can implement it.

[jeanm]

Tally Votes

Arbitrum Multi-sig Support Service (MSS)
Vote: For

We are in favor of the general cost saving concept, making Arbi DAO marching into a more mature system. Having a group of committed pro signers is a more professional way of handling assets, especially large size.

Entropy Advisors: Exclusively Working With Arbitrum DAO
Vote: For

We continue our stances of Snapshot - scale resources on the DAO level.

[Jean_MUX]

Snapshot Votes

Ethereum Protocol Attackathon Sponsorship
Vote: 1. Panda Partners, 2. Abstain 3. Against 4. Unicorn Partners

We believe Panda commitment will be enough to contribute as a merit in sustaining Ethereum ecosystem more secure.

Replace Oversight Committee with MSS] Delegate to Voter Enfranchisement Pool — Event Horizon
Vote: For - replace with MSS

This is one more step forward to inclusion. Although we are not sure how much impact this will bring to Arbitrum governance, this is a novel experiment.

STIP-Bridge Operational Budget
Vote: For

This is a reasonable cost for the STIP-Bridge program, which has passed, to be operated properly.

[Constitutional] Extend Delay on L2Time Lock
Vote: For

Adding a security layer to the DAO is always the right path.

ArbitrumDAO Procurement Committee Phase II
Vote: Yes - Extend

Glad to see the budget breakdown and more specific details. The output of first phase is acceptable, tho improbable. Regarding re-elections, we don’t think it’s necessary since it will introduce unnecessary cost and resources, but no guarantee of improvements.

Enhancing Multichain Governance: Upgrading RARI Governance Token on Arbitrum
Vote: For

We are excited to see the transition of RARI to Arbitrum ecosystem, onboarding another community.

Fund the Stylus Sprint
Vote: For

We should push stylus more adoption for developers since it’s a differentiator of Arbitrum for now. The stylus sprint will be the right way. But we do see a couple of improvements like reconsidering cohorts style which is more like a sprint. Love to see some improvements based on the feedbacks.

Synthetix LTIP Grant Extension Request
Vote: Abstain

We vote abstain from all the votes that are asking for extension of the incentives like LTIPP.
We do realize that there are some reasons that make some protocols have delayed their incentive distribution, leading to the fact that they have to ask for extension. Meanwhile, this action will cause potential unexpected reactions from other protocols who might act differently if they know this could be a choice. So we abstain here.

[Pyth Network] Arbitrum LTIPP Extension Request
Vote: Abstain

Same as above.

[Aave DAO] LTIPP Grant Extension Request
Vote: Against

Same as above.

Constitutional AIP: Proposal to adopt Timeboost, a new transaction ordering policy
Vote: Collect bids in ETH to treasury

We support the ETH option in this case. Diversification of the treasury is a priority for arb eco now. Burn arb in the longer term probably won’t have the effect we expect.

Terms of Tenure for STEP program manager
Vote:

1. Additional funds for one year
2. 3.6 months from available
3. New election at $86,581 per year
4. LIquidation of RWAs and STEP
5. Abstain

Another 6-month short term program will add unnecessary hassle to the current one with relatively satisfied results.

ArbitrumDAO Off-site
Vote:

1. Online event
2. Drop the idea and do nothing
3. IRL/ conferences / No scholarships
4. IRL/conferences/scholarships
5. IRL/ separate / No scholarships
6. IRL/separate / scholarships
7. Abstain

[Jean_MUX]

Snapshot Votes

[Non-Constitutional] Funds to Bolster Foundation’s Strategic Partnerships Budget
Vote: For

Given the heating-up competition, the Foundation does need this amount of budget to fulfill their responsibilities, considering that the competitor does have more budget. Meanwhile, operating as a DAO, there is no other entity/group can replace their roles as a big BD.

GovHack Devcon in Bangkok - Hack Humanity
Vote: For

The previous GovHacks are pretty decent and proven to bring visibility to arbitrum DAO.

[Non-Constitutional] Arbitrum DAO Delegate Incentive Program
Vote: FOR - DIP V1.5

Generally we are in for the track incentivizing quality contribution instead of quantity. as stated in the followings:

Proposal - Delegate Incentive Program (DIP)

We believe that by automating certain tasks and in the future the possibility of decentralizing the administration of the program could allow the program to scale up in the event of a significant increase in DAO activity. This is what we want to solve as the program evolves and as you said, that is why we are proposing version 1.5. If this rubric works as expected we can use the same criteria to evaluate voting rationale. We would like to make two clarifications in this regard. First, alth…

[Non-Constitutional] Whitelist Infura Nova Validator
Vote: Whitelist Infura Validator

As a potential user of Infura, we believe Infura is capable of working with DAO.

Research on context and retention
Vote: For

In favour due to no cost is required for this proposal and would be great to see some results regarding the topics that being studied.

An EIP-4824 powered daoURI for Arbitrum DAO
Vote: For =- Use ENS txt records

This is a proper way to improve access for DAO data by using ENS text records.

Tally Vote

Funds to bootstrap the first BoLD validator
Vote: For

A necessary step to get the validator work. Same stance with snapshot

Delegate to Voter Enfranchisement Pool — Event Horizon
Vote: For