The following reflects the views of L2BEAT’s governance team, composed of @krst, @Sinkas, and @Manugotsuka, and it’s based on their combined research, fact-checking, and ideation.
First of all, we would like to thank the ADPC for the effort and time they put into crafting the proposal. We appreciate the time it takes to consult with multiple stakeholders in the DAO and work on a proposal that addresses all the concerns raised throughout those discussions.
We had planned to comment on the proposal when it was initially published, but we decided to hold off expressing our opinion as there were many moving parts we needed to consider.
Most importantly, the framework itself requires that the OpCo is established, which it isn’t. But beyond that, we don’t see many individuals or entities that will be able to utilise the proposed framework other than the OpCo itself. Perhaps now, with the newly published vision of the Arbitrum Foundation, the Arbitrum Aligned Entities (AAEs) described within could also use it.
It is our understanding from Joseph’s comment that the ADPC will update the proposal based on the feedback received so far. We believe that doing so, especially after the OpCo is fully stood up and has begun being operational, is the best way forward.