[Non-constitutional] Subsidy Fund for Security Services

Proposals Finalized AIPs
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I voted for this proposal on Tally for the reasons listed below.

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The following comment represent the views of @SavvyDAO as I’m part of their team as Governance Analyst:

Savvy DAO voted for this proposal and we previously voted for 1 cohort of 8 weeks, $2.5 fund at Snapshot because it significantly boosts security and growth by covering audit costs, which is crucial for smaller projects. Additionally, the focus on key areas like RWAs & Tokenization and Stylus Adoption ensures long-term competitive advantage and growth for Arbitrum.

However, it would be beneficial to include more detailed criteria for project selection to ensure transparency and fairness in the allocation process.

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I voted for this proposal, as the enhancements done on it since the Snapshot vote made it more focused and, overall, a better proposal for the DAO. Props to the ADPC that analysed the review from the delegates and improved it.

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The following reflects the views of L2BEAT’s governance team, composed of @krst and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.

We’ll be voting FOR this proposal.

We supported the proposal to establish the subsidy fund during temp-check, choosing to fund it with $2,500,000 worth of ARB for 1 cohort of 8 weeks. We’re maintaining our stance for the on-chain vote and therefore we’ll voting for it.

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Voted FOR due to the following reasons:

  • The due diligence around costs generally made sense (although I would encourage negotiating lower fees from vendors)
  • Provides something very valuable and often hard to obtain for newer projects exploring Arbitrum
  • It’s a great POC to test the waters for more security vendor collaboration, and may equip programs like the GCP with strong data / relationships
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DAOplomats voted FOR this proposal during the onchain vote.

We maintained our stance from Snapshot where we supported to fund with $2,500,000 worth of ARB for 1 cohort of 8 weeks.

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Hey yall this would be really helpful for us as we get ready for the launch of Bunni v2. Are there any new application links I am missing?

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@Frisson do you have any info on this for me?

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Hey @GoodCookie! The subsidy fund should be open from September onwards and we’ll share more information closer to then once we finish whitelisting security service providers for the DAO and begin to operationalize the fund.

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Awesome. Thanks for the heads up!