Voting against.
After waiting for a while for discussions to unfold on the forum I believe at this time there is no need for yet another committee. The ADPC is should already be able to take care of this role and is compensated for it.
We have decided to vote against the proposal to create a sub-committee for the Security Services Subsidy Fund. ADPC is already well-equipped and qualified to manage the fund, possessing a deep understanding of the ecosystem and strategic decision-making capabilities. Introducing a new sub-committee would add unnecessary overhead, delays, and complexity for a task intended to last only two months.
The Princeton Blockchain Club is voting against setting up the Security Services Subsidy Fund Sub-committee at this time.
After looking through the original Security Services Subsidy Fund thread once again, and seeing Sid’s confirmation that the ADPC is still willing to take this on, we decided against supporting the creation of a sub-committee for this 8-week trial program. No need for additional committee overhead (and delays) in our opinion, the ADPC should be able to handle this just fine.
DAOplomats voted against this proposal on Snapshot.
This is a good initiative. However, since the ADPC is willing and able to carry on the responsibility, there is no need to add this additional overhead.
In the future, if the ADPC are no longer able to handle it, we can revisit this idea of a sub-committee. We are quite confident that a majority of delegates will be in support then.
The following reflects the views of L2BEAT’s governance team, composed of @krst and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.
We are voting against the proposal for the reasons outlined in our previous comment.
I find myself aligned with the other delegates above.
Building on what Krzysztof said
This can be managed by the ADPC, considering they have experience and have plenty of time to review these projects, evaluate their progress and success, and report to the Arbitrum Foundation.
Voting against.
We vote AGAINST the proposal because we also believe the ADPC can handle the operations and the governance minimization matters especially in the Arbitrum DAO. If the ADPC didn’t account for the operations, we’d consider an additional small funding can be an option.