@olimpio emerges as one of the primary voters, emphasizing the issue of “conflict of interest.” Notably, Olimipio holds a significant role as one of the prominent Optimism delegates, engaging in “airdrop” pursuits on other L2s. As a member of the Arbitrum community, I cannot help but find this interplay of interests fascinating.
Capital efficiency comments seem rather perplexing (such as the remarks made by @Curia above), demonstrating a lack of in-depth understanding of AMMs and liquidity by the majority.
Imagine crafting a stablecoin pool that boasts soaring trading volume, low Total Value Locked (TVL), and nominal fees—thus achieving the epitome of “highest efficiency.” It is simply illogical to compare such a pool with the liquidity of an Arbitrum native project or a newly bridged team’s pool. Comparing these entities is akin to juxtaposing apples and oranges. Efficiency, without broader context, holds little relevance and is, therefore, an inconsequential point.
While I remain a staunch supporter and user of Arbitrum, the ongoing conversation does feel somewhat complacent. It’s essential to assess how many delegates have practical experience in building something from scratch. After all, incentives play a pivotal role in attracting fresh projects to the platform.
In my view, it would merely take the migration of one or two significant protocols to Optimism to awaken the community’s awareness. Delaying incentives for the most prominent native contributors may prove to be a grave error in the long run, considering Optimism’s proactive approach in reaching out to projects.
Arbitrum cannot afford the luxury of postponing treasury decisions for 6-12 months while comprehensive proposals are already in circulation.
While I genuinely respect the efforts of individuals like Questbook and other frameworks, believing that they offer a superior allocation of ARB tokens over liquidity incentives seems misguided.
This entire discussion should be driven by the protocols actually building and contributing to the chain, not governance delegates that are also deciding the fate of other L2s.