Rewarding Active Delegates (RAD) Program

Proposals
42

OpCo Update for RAD

After discussing with the Arbitrum Foundation, we have decided that it might be more productive if the OpCo takes over the management of the program, including operations, from the very beginning. This way, we’ll avoid having a handover down the line and having delegates go through the process of KYC/KYB twice, while maintaining operational cohesion throughout the entire program.

With that in mind, we wanted to provide a quick update on all the relevant items.

Legal Agreements & KYC/KYB

Since OpCo is going to be the counterparty for all legal agreements with delegates that participate in the RAD, delegates will have to go through the KYC/KYB process with the provider we’ll be utilizing, as well as sign new grant agreements with OpCo. Since we do not have in-house legal counsel yet, we’ll be leveraging external counsel to assist us in processing everything. We ask for delegates’ understanding as we move everyone through the process, as it might take a little bit longer than what is typically expected.

Payments

OpCo will also be taking over the execution of payments. The remaining balance from the previous DIP will be transferred to a multisig wallet under OpCo’s control, through which we’ll distribute rewards to delegates.

Program Manager

We have decided to hire SEED as a Program Manager for RAD, with a much more limited scope than the DIP, given that the new program is much narrower anyway and that the OpCo team will also be involved in operations. Having a PM work alongside the OpCo to manage the program will enable us to increase our capacity, improve our efficiency, and reduce our turnaround time for program-related tasks.

The reasons we hired SEED instead of having an open call for potential program managers were two: a) they have been managing the previous program, so they’re intimately familiar with the process, and they already have an open line of communications with most delegates who will probably be participating, and b) they will be able to hit the ground running.

For transparency’s sake, here’s some bullet-point information about our engagement of SEED as Program Managers of RAD:

  • The OpCo is finalizing an SLA with SEED
  • SEED will be responsible for tracking that delegates enrolled in the program meet the requirements for receiving rewards each month
  • SEED will be responsible for calculating how much each delegate should receive each month
  • The results for each month will be published in the following month, and we’ll be working with SEED to make the turnaround as fast as possible
  • The detailed scope of SEED’s work as the Program Manager of RAD, as agreed with the OpCo, can be found here
  • For this engagement, the OpCo will pay SEED $5,000 per month.
  • Any decisions regarding the structure of the program, the budget for each category, or any bespoke budget will ultimately be made by the OpCo
  • To start with, the OpCo has already established a weekly call with SEED, which will later transition into a biweekly one as the program starts being more streamlined

Retroactive Rewards

As mentioned in the proposal, proposals conducted after the 1st November 2025 will be retroactively eligible for rewards. Delegates who voted and, at the time, met the requirements of RAD, will receive their rewards in early January.

The proposals eligible for retroactive rewards are the following:

As an exception, we’ll not be requiring that delegates have communicated their rationale to receive the retroactive rewards. If you haven’t published a rationale for one or more of the retroactively eligible votes, you will still receive your rewards, provided that you meet the other requirements.

Applications

Delegates who meet the requirements and wish to participate in RAD can do so under this thread we’ve published.

Next Steps

While we do not yet have a concrete timeline for everything, and with the holidays approaching, making this a bit slower all around, the next steps that we’ll be taking in relation to RAD are the following:

  • Start funneling applicants through our KYC/KYB provider and getting the legal agreements in order
  • Working with SEED to calculate the retroactive rewards for each delegate
  • Moving the funds from the Arbitrum Foundation’s wallet under OpCo’s control
  • Executing RAD’s first distribution, the retroactive rewards

Tentatively, we’re looking to get as much as possible done before the holidays, but we’re probably looking at mid-January for the retroactive rewards to be distributed.

For any questions regarding the RAD, please contact Sinkas (@Sinkas5 on Telegram), who is the POC from OpCo.

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