We vote in favor of this proposal.
Given the ongoing structural transformations within Arbitrum DAO and considering the historically high costs associated with the DIP, the proposed reduction in expenses is reasonable and timely. Additionally, while voting participation alone does not fully capture delegate performance, introducing Tier X to encourage higher voting participation aligns effectively with the DAO’s governance objectives.
However, we share concerns highlighted by @paulofonseca regarding the increased administrative budget despite a significant reduction in delegate incentives.
We understand that the newly added Business Development effort will indeed require additional resources.
However, given limited resources and the overarching goal of fostering greater delegate engagement in forum discussions and voting, it seems counterproductive to maintain administrative expenses at these levels while substantially cutting delegate rewards. The administrative budget should be streamlined through program simplification or restructuring to achieve a more efficient allocation of resources.
Addressing this issue, however, would require substantial structural changes to the DIP. Therefore, we chose not to vote against this specific proposal based on this concern alone. Nevertheless, we believe this aspect should be addressed during the upcoming DIP revision process for the next term.