# \[Non-Constitutional\] Arbitrum Token Swap Pilot Program

**URL:** <https://forum.arbitrum.foundation/t/non-constitutional-arbitrum-token-swap-pilot-program/27106>\
**Category:** Archived Proposals\
**Tags:** proposal\
**Created:** [October 10, 2024, 11:36am UTC](https://forum.arbitrum.foundation/t/non-constitutional-arbitrum-token-swap-pilot-program/27106 "2024-10-10T11:36:26Z")\
**Posts on this page:** 1\
**Showing post:** 80

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**Author:** ![AlexLumley](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/alexlumley/32/3790_2.png) [@AlexLumley](https://forum.arbitrum.foundation/u/AlexLumley)\
**Post date:** [November 1, 2024, 4:46am UTC](https://forum.arbitrum.foundation/t/non-constitutional-arbitrum-token-swap-pilot-program/27106/80 "2024-11-01T04:46:15Z")

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**Vote:** FOR

**Type:** Snapshot

**Proposal link:** [Arbitrum Token Swap Pilot Proposal](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xc9fc6b61c7e13a4645937937600397e496a3f4703a8f4d00e11c0f641d86ce9f)

**Voting Rationale Link:** [Alex Lumley (Savvy DAO) Delegate Communication Thread - #35 by AlexLumley](https://forum.arbitrum.foundation/t/alex-lumley-savvy-dao-delegate-communication-thread/26147/35)

**=== COMMENTING ON PROPOSAL: ===**

This Token Swap Pilot program presents an opportunity to align Arbitrum’s ecosystem incentives with some of its key “blue-chip” projects. By supporting this pilot, Arbitrum DAO can engage in meaningful partnerships with mature protocols, helping to strengthen mutual financial and strategic interests. While there are valid concerns about the short lock-in period, the lack of clawbacks, and the potential volatility of token swaps, these aspects can be refined through trial and feedback during this initial pilot. Additionally, the selection of 3-7 protocols out of the 19 pre-identified candidates adds a layer of selectivity, focusing on entities most aligned with Arbitrum’s ecosystem goals.

This program provides a practical method to gauge how well token swaps function as a means of fostering ecosystem loyalty and expanding our financial interests. Although some raised concerns about the long-term effectiveness and potential illiquidity of swapped tokens, this pilot phase offers a measured approach to test these dynamics on a small scale. An emphasis on mature protocols also addresses some concerns about stability and future growth potential. Aligning financial interests in this manner can offer Arbitrum DAO a direct stake in projects, thereby enabling it to participate in governance and decision-making processes that may benefit the ecosystem.

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_[View the full topic](https://forum.arbitrum.foundation/t/non-constitutional-arbitrum-token-swap-pilot-program/27106)._