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 have voted FOR the proposal and have opted for a Disclosure Policy and Responsible Voting.
We feel that having clear rules will be helpful because everyone can be on the same page regarding expected behavior. In addition, having a voted policy will help us manage potential conflicts in the future, should they arise.
Having said that, we’d like to note that in our opinion establishing clear, concise, and strict rules of conduct is very challenging, especially if they’re supposed to be self-declarative and there’s no straightforward way to enforce them.
We think the most important thing is to work on creating a culture of transparency by default, acting in the best interest of the ecosystem, and avoiding any direct self-dealing situations. Just being a good player in the space. We hope that the codification of these principles will also help in understanding what it means in practice.
We would also like to point out that such a policy cannot be set in stone, it needs to be an actively maintained document and we should state who is responsible for its maintenance. It might be also helpful to clearly define who should serve as an arbiter in case of conflicting interpretation of these policies in concrete particular cases. Arbitrum Foundation seems like an obvious candidate for both roles, but we are open to exploring alternatives.