I disagree with the proposal.
The problem with DAOs is concentration of power in a few wallets which leads to voting apathy by everyone else.
So the end result becomes DAO as a board of directors like current TradFi corporations.
The goal of any DAO should be to make it as welcoming and easy for new members to join and grow within the ranks of DAO delegates.
This brings new ideas, fresh blood to Arbitrum, and increasing threshold will end up alienating not just voters but all smaller token holders and even users.
Thus, Arbitrum DAO having the lowest threshold is not a disadvantage but a huge advantage here. The proposal mentions other DAOs with higher thresholds, but as a Delegate of those DAOs, I can say that the cost is apathy and decline of new ideas.
Just check the recent attack on Compound DAO where voting apathy almost led to millions of USD lost to a hacker… Just because voters didn’t care to vote.
The total budget of $4.2 million and being different from other DAOs is worth the cost.