Treasure DAO’s Arbitrum Representative Council (ARC) will vote AGAINST this proposal on Tally.
We would like to express our appreciation for the proposal to retroactively fund contributors for their early efforts in Arbitrum. Recognizing and rewarding the dedication of these individuals is a commendable initiative. However, after careful consideration and in alignment with concerns raised by other delegates, we find ourselves unable to support the proposal in its current form for the following reasons:
- Lack of Information on Arbiters and Their Contributions: We understand and appreciate the inherent challenges in quantifying contributions, but the current proposal lacks essential details about the group of Arbiters and their specific contributions. We advocate for a more comprehensive and transparent breakdown of individual efforts and achievements, evidenced by concrete examples and links to work products. This additional information is crucial for enhancing transparency and enabling delegates to make informed decisions.
- Absence of Justification and Detailed Breakdown for Requested Amount: It is unclear how the proposed amount was determined or how the allocation to individual Arbiters is directly correlated with individual or group contributions to ensure a fair and equitable distribution. To ensure fairness and transparency in the retroactive reward process and to set a sound precedent for future contributors seeking retroactive payment, we urge a more detailed and justified breakdown of the requested amount.
- Incentivise Ongoing Support: As supported by other delegates, we advocate for the establishment of a clear and open framework to incentivize future contributions. In cases where responsibilities predominantly involve Discord moderation or other forward-looking activities, we propose exploring a continuous and sustainable compensation program that encourages ongoing contributions rather than a one-time retroactive payment.
In summary, while we share the principle of rewarding contributors, we believe the proposal requires amendments to address critical concerns raised by various delegates and the community. We encourage a thorough review and revision of the proposal to provide the necessary transparency into the retroactive payment as well as outlining a framework for compensation for future contributions.
As the voting deadline approaches, we have chosen to vote against the current proposal. We remain open for discussions and available to provide additional feedback as required.