Hello Arbitrum delegates and stakeholders,
This is the May 2026 OpCo monthly update. I’m posting on behalf of the OpCo Oversight and Transparency Committee (OAT), of which I am an elected member along with Patrick McCorry, A.J. Warner, Pedro Breuer, and Gavin Wang. Please feel free to reply with questions and comments.
We hosted the monthly DAO call on Friday, May 8th at 3:00pm UTC.
Since the April update, we’ve been focused on hiring OpCo personnel, operationalizing the OpCo, and working in the DAO.
Hiring OpCo Personnel
- We hired a Director of Finance and Treasury who will start mid-May!
- We are actively searching for a “Chief Chaos Coordinator” (Head of OpCo Foundation). We are actively interviewing multiple promising candidates for this role. With Tamara and now Sinkas on board, we are operationally driving the OpCo forward. When we find the right job candidate for Head of OpCo, we expect them to complement and strengthen our existing efforts.
- All open OpCo positions are posted on Lever.
Operationalizing the OpCo
Tamara and Sinkas have been actively driving the OpCo forward on several fronts, including:
- Supporting AAEs/increasing efficiency among AAEs
- Overseeing RAD - changed program manager (after Seed stepping down) and updated program eligibility requirements
- Set up a special budget for the Security Council elections
- Published RAD update for April
- Working with Entropy to take up KYC in the Watchdog program
- Facilitated between Aave Labs and Arbitrum Delegates
- Making the DAO exciting again
- Published Firestarters recap
- Q1 Retro with Delegates - interviewed a set of delegates
- DAO Strategy & Growth
- Continuing to gather input for a cross-AAE high-level strategy
- Internal Operations
- Preparing for new OAT elections; timeline to be posted within the next days
- Preparing for bi-yearly transparency report
- Sinkas on X Spaces with ETH Cluj
We have continued weekly OAT member meetings with strong attendance.
Working in the DAO
- In Entropy’s TMC proposal, the OAT “approves or denies allocation recommendations from [Entropy]”. We are actively fulfilling this responsibility.
- In Entropy’s proposal to Work Exclusively with the Arbitrum DAO, OpCo serves as Entropy’s counterparty. In addition, 10M ARB are set aside for the OAT to negotiate directly with Entropy Advisors on establishing short, medium, and long-term incentive mechanisms. We are actively working to finalize incentive mechanisms for Entropy.