[Non-Constitutional] GCP Clawback

I will be 100% honest although I may not be the best person/delegate to comment on this, because I didn’t follow up with all the details around the GCP:

  1. The complexity of the GCP proposal is unknown atm, which lead to uncertainty and to contributors questioning it. It also appears to be pretty slow, which may not be bad, being slower may better than spending funds fast. We always have this problem in web3, people that allocate capital rush to allocate to justify more capital to be spent.

  2. For a proposal of it’s size, reporting is either not done professionally or is too unfrequent, as an example when the Thankarb started and I ran a couple of programs, we had more thorough and frequent reporting than the GCP has at the moment, but most delegates didn’t care to verify and the DAO didn’t have any mechanism to audit/track progress.

  3. The fact that this proposal being posted has led to more updates in the GPC chat than in the previous 3 months may look a little peculiar to those that do not join the Arbitrum update calls.

  4. Even if the proposal doesn’t pass, it has already helped the DAO :blue_heart:

Appreciate @NathanVDH and @GFXlabs for the boldness.

6 Likes