This proposal successfully passed the onchain voting stage last week, and we would like to share a few updates to provide transparency and clarity to the community.
First and foremost, we want to emphasize Entropy’s commitment to advancing OpCo and putting every ounce of our ability into ensuring its success despite our no vote due to the recent changes within the DAO. We are closely collaborating with the Arbitrum Foundation to ensure the setup and election processes run smoothly.
We still believe it is extremely important to add further scope to OpCo’s mandate, which we are currently working on with several parties. That said, there is no reason that these activities can’t be done in tandem.
The plan is to initiate the Oversight and Transparency Committee Application & Nomination period on Monday, February 24th. Entropy will post the process documents and application form this week to get the ball rolling.