Proposal Repost Procedure
As noted in yesterday’s update, the previous Snapshot vote has been withdrawn following feedback from DAO stakeholders regarding confusion caused by the bundled approval voting structure and the lack of a defined quorum requirement.
Delegates raised valid concerns that, while the original proposal technically complied with the DAO’s current procedural definitions for “modifications to existing initiatives,” given the updates to the initiative’s oversight, AGV agrees that a 3% quorum threshold should apply.
To ensure full clarity, consistency, and proper deliberation, AGV will now proceed with a revised, sequential voting process that separates the prior bundled proposal into two distinct votes, each with a defined quorum and improved voting mechanics.
The material details of each proposal will remain unchanged.
New Path: Two Clear, Sequential Proposals
Proposal A: Benchmark Calibration for Future Council Members
- Focus: Establish a revised compensation framework for future AGV Council terms, aligning Council pay with industry and DAO benchmarks for comparable oversight and advisory roles.
- Details: Updates the annualized base salary of $50,000 USD for Council members and $100,000 USD for the Investment Committee seat, plus a 60,000 ARB token incentive vested on an accelerated six-month schedule following the Council term.
- Goal: Set a sustainable, forward-looking baseline for future Councils that reflects the scope and responsibility of overseeing a 200M+ ARB program, fully funded within AGV’s existing operational budget.
Proposal B: Startup-Phase Bonus for Current Council Members
- Focus: Recognize the heavier-than-anticipated contributions required to establish AGV’s structure, governance, and early investment strategy during its launch period.
- Details: Seeks DAO approval for a one-time startup-phase distribution of 90,000 ARB tokens per current Council member, fully vested, acknowledging the exceptional workload during the 1.5-year startup phase.
- Goal: Fairly recognize early-stage contributions while maintaining alignment with the DAO and operating within AGV’s existing budget.
Proposal B will only be posted after Proposal A concludes, allowing the DAO to first confirm the long-term compensation framework before considering any retrospective recognition.
Key Improvements
- Defined Quorum: Each reposted proposal will require that the combined FOR and ABSTAIN votes meet at least 3% of the total votable ARB supply to be considered valid, consistent with Arbitrum DAO’s non-constitutional quorum.
- Clear Sequencing: Proposals will be voted on separately and sequentially to ensure delegates can evaluate each matter independently.
- Abstain Option: Both proposals will include an abstain choice, providing delegates a neutral option that was not available in the prior structure.
Timeline
- The proposal was resubmitted to the forum on 2nd October 2025.
- The previous vote scheduled on 9th October has been removed from Snapshot.
- Proposal A (Benchmark Calibration for Future Council Members) will be posted to Snapshot voting on Thursday, 16th October.
- Proposal B (Startup-Phase Bonus for Current Council Members) will follow at some point after Proposal A.
AGV appreciates the constructive feedback from DAO delegates, particularly around procedural consistency and voting standards. These adjustments are intended to reinforce clarity, legitimacy, and trust in AGV’s governance process, ensuring that all financial or structural decisions meet the high standards expected by the Arbitrum DAO.
Voting Options
Each proposal will include the following voting options:
- For
- Against
- Abstain
Should FOR be the majority preference, and the combined FOR and ABSTAIN votes meet at least 3% of the total votable ARB supply, the respective proposal will be considered approved and may proceed to implementation.