I am a big fan or Arbitrum Hub and would love to see it succeed, but I have a question…how are these costs justified? Like if I add them up it give me 53k for two team members/month which I personally think it is 2 much and also 6k per month for reporting -which is also a little 2 much
Thank you, @ZER8, for your feedback. To address your concerns, please see our response below.
First, we have never claimed that this is just a two-member effort. We have clearly outlined that a dedicated team at @hoomandigital will handle item-1 and item-4. More details about each item are attached below.
Regarding the $6k/month for the weekly DAO sync report, we would like to emphasize that these reports require extensive research and effort to capture all events happening in a DAO each week. Each report is 2k to 3k words long and is quoted at $1.2k per report, with 5 reports produced every month, which aligns with industry standards. Additionally, these reports have been consistently created by Angela for the past 5-6 months without requesting any compensation, demonstrating their value and utilization in various official spaces, adding significant value to the DAO.
Lastly, this initiative goes beyond just ArbitrumHub and encompasses a range of significant initiative completely focused on arbitrum dao. For detailed information on each item, please see the following sections.
Thank you.
Some general thoughts on why to have arbitrumhub?
The foundation and community itself is using some components of Arbitrumhub and consider it as highly valuable resource, as also outlined in above comments.
I also had a chat with the foundation a few months back, and they agreed to have something like this controlled by the community. The DAO and foundation are completely independent of each other and therefore DAO needs something of its own and we believe arbitrumhub has the capacity to fill this gap.
Additionally, the foundation will never have the capacity to manage and report on the vast number of activities happening within the DAO.
As for the forum, it is primarily for DAO participants, and discussions often get lost over time amid general conversations. In contrast, ArbitrumHub is designed to report on all DAO activities and present information in an organized manner. In our proposal, we have also included a budget for weekly DAO sync reports, community contributions like educational articles and research, platform enhancement, management, and regular meetings with the community to tackle challenges such as awareness, access, and easy onboarding.
We have proposed this after six months of work and multiple thousands of hours invested voluntarily. This initiative is exclusive to the DAO, 100% open source, and transparent. No other DAO has something like this as of today. We assure you that with support, ArbitrumHub will become an integral part of the DAO.
Thank you.
sorry didn’t see that, I always feel that I’m 2 much on the defense when it comes to funding proposals, but maybe some transparency would help me*(and probly others) to understand how those costs are justified and who will be actually delivering on them
100% agree that Angela should be compensated for her efforts!
I personally love the hub and think it’s the future for Arbitrum DAO, but there’s always a but when funding new proposals…something that I would love to see in Arbitrum DAO is splitting new proposals into milestones(1, 2, 3) and the funding requests split out between them. Agreed that it can add 2 much friction, but it can also save $ and ensure alignment.
GL
Seriously the price quoted here is robbery. I don’t see why you’d need advisors here so if I’m understanding correctly this is about 3 people working full time for 6 months requesting half a million from the DAO? That’s a no from me.
We think there is significant value in something like this for the DAO. However, the budget spend seems incredibly excessive for a small team.
This sentiment has been expressed a lot so we won’t harp too much on it. Instead, what budget ask would be appropriate such that we would be supportive of the structure? We think something along the lines of 20-30% of the current ask is more reasonable.
Thanks, Nathan for your input on the proposal. We have already removed the advisor role and the related budget a long while ago…
I would like to reiterate. this is not a project that can be handled by a team of only three people. As part of the project, a dedicated group from hoomandigital has been assembled, including a lead designer, a developer, and UX, who will be responsible for item-1 and item-4.
Regarding the other tasks, I and @ChaiT will will take the lead. Additionally, @ocandocrypto oversees the weekly Dao Sync. Altogether, we make up a strong, cohesive group of seven to eight team members.
We are working on this initiative for past 6 months voluntarily and never came up from thin air to dao, asking for the relevant support that is necessary to continue doing things. Its not feasible to keep on operating voluntarily without proper support when we are leading so much big things exclusively for the dao.
If we had an intention of robbery, we would have never built such big thing exclusively for the dao that we invested 6 months in.
To clarify, I want to point out that the team will not receive the total allotment of the project’s funds. The breakdown also includes provisions for the community’s rewards and the creation of periodic Dao Sync reports.
I trust this conveys the information to alleviate any confusion you have and the conclusion you made to vote against the proposal…
Thank you
Thank you @PGov for your kind words and support.
While during tally vote, we can agree on little reduction in overall budget but 20-30% of current ask is not just feasible to operate such big initiative as it will consume a good amount of man power, resources, time and most importantly commitment.
The initiative includes a budget for community contributions, weekly dao sync reports, regular meets and collaboration besides platform development and expansion…
A details about each item is defined below:
Thank you.
I would support the proposal for the ArbitrumHub Evolution. The proposal aims to streamline information access, raise awareness, and foster community engagement within the ArbitrumDAO ecosystem.
The key reasons for support include:
- Improved information access
- Incentivizing contributions and participation.
- Clear workflow and financial transparency.
Thank you so much @Larva for the support
Really appreciate it
I voted “against” i think the budget is excessive in every possible way. Its a great proposal but this should be done in phases with less budget and with results shown. Retroactive amounts would be much better.
thank you @Gabriel , ArbitrumHub is already live, and we have been working on this initiative for the past six months. This is the first time we are coming to the DAO to ask for the necessary support. The budget we have proposed is not solely for the team; a significant portion is reserved for community contributions and weekly DAO sync reports.
Below are the socials for arbitrumhub:
Website: Arbitrum Hub
Twitter: Arbitrum Hub
Github: Arbitrum Hub
Thank you
I like the website but I’ll be voting against because I feel the requested budget is too high and would like to see you guys go through the already existing grant programs.
I voted AGAINST this proposal on Snapshot because I am somewhat skeptical of building out an alternative marketing/comms home base for the DAO outside of the existing platforms (Foundation website, Arbitrum Twitter, Gov forum). Attention is already fractured as it is.
On behalf of the Arbitrum community members who delegated their voting power to us, we’re voting AGAINST this proposal.
While ArbitrumHub’s goals of improving information access are admirable, we have concerns about fragmenting attention and resources away from existing official channels. The significant budget request ($474,000) doesn’t seem justified given potential overlap with the Foundation website, Arbitrum Twitter, and governance forum. We believe focusing on enhancing and better utilizing current platforms would be a more efficient use of funds and community attention at this time.
Have to vote against this one.
Arbitrum hub is an awesome site. The news from Angela, are super helpful.
I just don’t see the budget of these being almost half a million dollars for 6 months, sorry.
I don’t specifically know the current rate about hosting, running certain services and so on; for what is worth, I think the price of the weekly news is kinda ok-ish, maybe a tad high (6k per month). Biggest problem is the hub management.
I think @0x_Buidler should not give up on this tho, the site is useful, the whole set of service is useful, just coming back to the dao with a better cost plan could do the trick.
On behalf of the UADP, we generally think this vote was a bit too much to ask for. The budget for the ideas around a hub being half a million dollars is way too much. This point has been expressed a lot, and we resonate in those comments.
However, we are in favor of reworking this proposal and can possibly be in favor in the future. Some things we want are a complete re-working of the budgets but are really interested in seeing the sit live in some manner in the future!
I voted against the proposal. Whilst I believe we need a concept like this, the cost is just too high. If the proposal comes back in a different format/cost, I will be happy to reevaluate it. My 2 cents would be:
- Focus on the essential (the HUB of information, where it can be found easily, or where the user can be redirected to the source)
- Present the other features as add-ons, or future milestones, that will be unlocked if certain KPIs are achieved.
This is an awesome project! I love the hub, I didn’t know it existed before, well done. It is gorgeous
However I have to vote no on this proposal.
1. It is way too much money for the value it can provide.
I understand that the salaries are not for individuals but instead for teams that are led by individuals… And I think its funny that we will pay multisig signers $6k for 4 hours of work a month but we push back on on this cause it’s too high of salaries for these teams… I do not agree with most people on this part, I think the price you are charging is in the realm of fair.
The problem is the impact of this website is not worth ~$1M a year.
I think the scope should be cut to be just the most high value items, then gain traction as a hub to make yourselves indispensable to the DAO’s workings and then you can charge this… But “If you build they will come” only works in the movies… It needs more traction.
2. This should go through a grant program, not through the DAO.
I feel like this process does a lot to advertise your product, but it just took 10-120 minutes from 50+ delegates to review and comment on this proposal on why it’s not worth the money and that’s not cool… That is why grant programs exist.
You got our attention now, and you have done GREAT work, please go through a grant program for the next stage of funding tho.
I will be voting “Against”. Website looks good, but not enough value to justify the cost of the project on the whole. Recommend what others have alluded to in terms of apply for grants.