Savvy DAO - Delegate Communication Thread

Savvy DAO has voted FOR the Tally Vote. With the same reasoning as the snapshot vote.

Voting Rationale for “Constitutional AIP - Security Council Improvement Proposal”

Savvy DAO votes FOR the “Constitutional AIP - Security Council Improvement Proposal.”

This proposal aims to maintain Arbitrum’s “Stage 1” designation by L2BEAT by increasing the threshold of the non-emergency Security Council from 7/12 to 9/12. This change enhances the security of the Arbitrum ecosystem, ensuring that a higher consensus is required for non-emergency actions, thus mitigating risks. The proposal also aligns with the updated Stages Framework, ensuring Arbitrum’s continued compliance with best practices. This straightforward upgrade has no additional overhead for the DAO, making it a prudent and necessary improvement.

See proposal here: Constitutional AIP - Security Council Improvement Proposal - #21 by SavvyDAO

Savvy DAO has voted FOR the Pilot Phase: Arbitrum Ventures Initiative

Savvy DAO votes FOR [Full Scope] the proposal"[NON-CONSTITUTIONAL] Pilot Phase: Arbitrum Ventures Initiative"

Key Reasons:

  1. The proposal has been built on extensive discussions and workshops, ensuring a well-researched and strategically plan to address ArbitrumDAO’s venture development needs.
  2. The pilot phase aims to reduce the risk of the initiative by validating key assumptions and engaging stakeholders, providing a solid foundation for the full-scale launch of AVI.
  3. Experienced Team: The proposal is backed by a team with deep expertise in investment and ecosystem development, enhancing the likelihood of achieving its objectives.
  4. Community Engagement and Transparency: The proposal emphasizes ongoing community engagement and feedback, ensuring transparency and alignment with the DAO’s goals

Savvy DAO votes AGAINST the “Security Services Subsidy Fund Sub-Committee” proposal.

Key Reasons:

  1. Duplication of Efforts: Establishing a new sub-committee duplicates existing efforts of the ADPC, leading to inefficiencies and potential overlaps in responsibilities.
  2. Resource Allocation: The proposal requests 60,000 ARB for compensation over 8 weeks, which seems excessive given the proposed workload and existing compensation structures.
  3. Delay in Subsidy Disbursement: The additional onboarding and election processes will delay the disbursement of subsidies, hindering timely support for security service providers.

Therefore, we believe this proposal does not effectively address the intended goals and could be streamlined within the existing committee structure.

Voting Rationale for “AIP: Support RIP-7212 for Account Abstraction Wallets (ArbOS 30)”

Savvy DAO votes FOR the proposal “AIP: Support RIP-7212 for Account Abstraction Wallets (ArbOS 30).”

Key Reasons:

  1. Enhanced Security: Adopting RIP-7212 enables the use of passkey-based wallets, offering a higher level of security through hardware-level protection and biometric features.
  2. Improved User Experience: This proposal reduces the cost of verifying signatures for account abstraction wallets, making them more feasible for everyday use and simplifying the user experience.
  3. Alignment with Ethereum: By supporting RIP-7212, Arbitrum remains compatible with Ethereum’s evolving standards and maintains its competitive edge among other L2 solutions.
  4. Broader Adoption: Facilitating the use of secure and user-friendly wallets encourages greater adoption of the Arbitrum ecosystem by both crypto-native and non-crypto-native users.

Savvy DAO votes FOR AIP: Nova Fee Router Proposal (ArbOS 30) AIP: Activate Stylus and Enable Next-Gen WebAssembly Smart Contracts (ArbOS 30)

Savvy DAO votes FOR AIP: Nova Fee Router Proposal (ArbOS 30)

Key Reasons:

  1. This proposal streamlines fee distribution from Nova to the Arbitrum DAO Treasury, enhancing operational efficiency and reducing administrative hurdles.
  2. By automating the transfer process via fee routers, it accelerates fund accessibility and simplifies financial management.

This initiative aligns with our commitment to optimizing governance on Arbitrum, creating a more agile and responsive ecosystem.

See feedback here: AIP: Nova Fee Router Proposal (ArbOS 30) - #27 by SavvyDAO

Savvy DAO votes FOR AIP: Activate Stylus and Enable Next-Gen WebAssembly Smart Contracts (ArbOS 30)
Reasoning:
Savvy DAO votes FOR the proposal "AIP: Activate Stylus and Enable Next-Gen WebAssembly Smart Contracts (ArbOS 30)”.

Key Reasons:

  1. Stylus supports multiple programming languages, expanding the developer community.
  2. Stylus offers cheaper and faster smart contract execution.
  3. The proposal addresses vulnerabilities, providing a safer programming environment.

Stylus will definitively strengthen the ArbitrumDAO ecosystem and support its growth.

See Feedback:

Savvy DAO has voted FOR

@steakhouse and @Avantgarde in the Election for the STEP program manager.

Thank you to @thedevanshmehta for all his amazing work.
Will add reasoning
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x991f18a73526fb5715b41e37f7460ced511c02cf3470d41cdaf97656c794406b

Voting FOR “Pilot Stage – Treasury Backed Vaults research and development”

https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xa220a80bf17a91c1c67b2c9de430ba0349c5122413644e1df49d34d19c1413bb

Savvy DAO votes FOR the proposal “Pilot Stage – Treasury Backed Vaults Research and Development”

Key Reasons:

  1. TBV introduces a secure method for borrowing stablecoins against ARB, mitigating liquidation risks and optimizing capital deployment for grants and strategic initiatives.
  2. By diversifying treasury assets and ensuring ARB token stability, this proposal aligns with community interests and strengthens financial flexibility.
  3. The phased approach, including rigorous R&D, risk analysis, and independent audits, demonstrates thorough preparation and commitment to transparency and fiscal responsibility.

We support this proposal as a pivotal advancement in improving Arbitrum’s financial resilience and operational capabilities.

Linking feedback here for ease: [Non-Constitutional] Pilot Stage: Treasury Backed Vaults research and development - #67 by SavvyDAO

FOR “Betting on Builders: Infinite Launchpad”

Savvy DAO voted FOR the “Infinite Launchpad: Betting on Builders Proposal”

Key Reasons:

  1. The proposal offers comprehensive support from idea inception to Series A, fostering innovation within Arbitrum’s developer community.
  2. It enhances developer relations, governance optimization, and ecosystem expansion, aligning with Arbitrum’s strategic priorities.
  3. Investing in over 100 startups could catalyze unicorn successes, driving significant value for the ecosystem.

Savvy DAO believes this initiative will enhance innovation and community growth within Arbitrum, supporting its long-term sustainability and global impact.

This vote reflects our commitment to advancing innovation and ensuring sustainable growth within the Arbitrum ecosystem.

See Feedback: Betting on Builders: Infinite Launchpad Proposal - #50 by SavvyDAO

Savvy DAO has returned the 938 ARB remaining from the STIP Backfund.

See the update here:

Savvy DAO votes FOR: Kwenta x Perennial: Arbitrum Onboarding Incentives

Rationale to come.

For ArbitrumHub Evolution: The Next Step in Streamlining Information Access and Raising Awareness for Arbitrum DAO Snapshot

Savvy DAO voted in favor of the “ArbitrumHub Evolution: The Next Step in Streamlining Information Access and Raising Awareness for Arbitrum DAO” proposal.

Key Reasons:

  1. The proposal presents a promising vision to streamline information access and enhance community engagement within ArbitrumDAO.
  2. Despite some concerns about the high costs and need for clearer outcome criteria, we believe the potential benefits of a centralized, user-friendly platform outweigh these issues.
  3. ArbitrumHub has already shown significant progress and utility, and we trust that with continued improvements and community feedback, it will further strengthen the ecosystem. We support this initiative and encourage ongoing transparency and refinement to ensure its success.

See our proposal feedback here:

Voting for the multisig election nominations. Will update with voting rationale.

We used the following for our voting rationale:

  • Availability and ease of reach (including having multiple timezones on MSS)
  • Operational/admin experience.
  • Eye for attention and details and ability to scrutinize things
  • Technical understanding of multi-sigs and how they operate
  • Overall familiarity with DAO’s day-to-day
  • Ability to read transactions and independently understand/verify the payload

See our selections: [RFC] Arbitrum Multi-sig Support Service (MSS) - #68 by SavvyDAO

1 Like

@SEEDGov , we have hired @san (Sandra Carrillo) as our Governance Analyst and she will sometimes post and represent Savvy on forums and calls.

Notifying you so her posts are included as part of our delegate incentive work.

2 Likes