Entropy voted FOR Proposal A to adjust council compensation and bring it in line with the expected workload. Despite being in favor, our team does have some reservations about the current design of the AGV council and the existence of significant fixed pay that creates the incentive to keep the AGV going no matter the performance. Back in June, @ArbitrumGaming outlined why factors such as timing and attribution make it difficult to implement performance-based compensation, but now with the creation of the OAT, we think there is an opportunity to revisit the AGV council. Rather than paying for multiple oversight boards, it could for example make more sense to have 1 gaming expert on the OAT with the AGV subservient to that group.
On a separate note, the AGV was sold to the DAO as a necessary, game changing program for bringing developers and users into Arbitrum. Our team is quite familiar with the difficulties that can arise when standing up a DAO initiative and recognize that there are deals in process that can’t be shared publicly, but so far the perceived results presented by the AGV are short of the initial expectations. Generally speaking, we would like to see the AGV’s mandate be expanded to invest in teams building outside of the gaming realm, but this is obviously a much larger topic and outside the scope of this proposal. To close, we are excited by the completion of the team expansion and are eager to see improved results with Michael Chang leading as General Manager.