Thank you to @Immutablelawyer for drafting this revised proposal. Both Coin Center and DeFi Education Fund (see proposal by GFXlabs) are doing extremely important work for the crypto ecosystem. I fully support both proposals and would also support a combined proposal.
That said, it is disappointing to see this revised proposal no longer directly supporting Roman and Alexey’s legal defense. Their cases are indisputably the most important happening right now and if they are unsuccessful, legal precedent will be established such that every developer and protocol in the Arbitrum ecosystem could face prosecution for the actions of third parties. A very scary future and it’s naive to consider this anything but existential for DeFi as we know it. Ameen’s tweet here summarized this nicely.
Arbitrum is the leading L2 for DeFi on Ethereum and imo it is very much in its best interests to ensure positive outcomes for Roman & Alexey’s cases. This proposal indirectly supports their cases through actions like the recent amicus briefs filed by Coin Center and DEF. But they are running out of money and need direct, material support which this proposal will not provide.
In any case, I am grateful to @Immutablelawyer and the Arbitrum community for considering this proposal as well as its previous version.