Security analysis of EIP-4824 adoption by Arbitrum DAO

DAOstar, as well as multiple delegates that voted on the recent Snapshot of this proposal is requesting the ARDC to conduct a security evaluation of a potential EIP-4824 adoption by the Arbitrum DAO.

There are two possible adoption pathways that will be presented to the DAO when the proposal is reposted to Snapshot: (1) using ENS txt records in arbitrumfoundation.eth, and (2) deploying a smart contract to store daoURI. These pathways are detailed in this new forum post. The new proposal also includes links to EIP-4824 adoption in other DAOs where method (2) has been previously utilized. ENS txt records already see significant usage, and adoption pathway (1) essentially adds extra indexing to an already established product.

An evaluation by the ARDC will highlight any security considerations that the proposal may have overlooked and will help community members make a more informed decision. DAOstar is happy to answer any questions!

CC: @Sinkas, @michael-oz, @BlockworksResearch

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