Delegate Communication Thread for July activity:
1 Poll Closing July 11, 2024
[Snapshot: Approval of STEP committee recommendations(Snapshot)
Summary: This vote seeks to approve (or reject) the above list of service providers that ArbitrumDAO should use for diversifying its treasury, under the first iteration of the STEP program.
Recommendation: Vote Yes. We voted FOR, The ask amount seems reasonable and this is a program we want the DAO to experiment with and see upcoming results for treasury diversification to increase the DAO treasury asset
1 Poll Closing July 18, 2024
[Snapshot: Improving Predictability in Arbitrum DAO’s Operations(Snapshot)
Summary: This proposal aims to introduce guidelines for posting proposals to a vote; primarily to reduce delegate fatigue by ensuring that Snapshot and Tally votes are posted at a regular cadence with greater predictability
Recommendation: Vote Yes. We voted FOR improving predictability, having no additional cost for the DAO and providing a structure to improve voting cadences make sense for a healthier vote weight and distribution.
1 Poll Closing July 21, 2024
[Tally: [Non-Constitutional] - Subsidy Fund Proposal from the ADPC(Tally | Arbitrum | [Non-Constitutional] - Subsidy Fund Proposal from the ADPC)
Summary: This proposal allows the creation of a procurement subsidy fund allocating up to $2.5 million worth of ARB to provide financial assistance to both new and existing projects within the Arbitrum ecosystem.
Recommendation: Vote Yes. We voted For, the ask amount seems reasonable and is great to have someone with the proper expertise and domain knowledge to work with the ADPC program.
1 Poll Closing July 23, 2024
[Snapshot: Pilot for a Questbook Jumpstart fund for problem definition and DAO improvement(Snapshot)
Summary: This proposal allows the DAO to proactively define key problem areas and have the community untangle them, as opposed to having delegates be reactive to proposals that benefit small subgroups of community members.
Recommendation: Vote NO. We voted against, the amount asked is not representative of current market conditions, plus we think this type of initiative is still too nascent to implement.
1 Poll Closing July 26, 2024
[Snapshot: Furucombo’s Misuse of Funds(Snapshot)
Summary: Having reviewed the STIP Analysis (ARDC Research Deliverables) prepared by Blockworks, the Arbitrum Foundation has observed that Furucombo misused 59.5K $ARB of its Backfund STIP grant.
Recommendation: Vote Yes. We voted FOR, The misuse of funds had been documented clearly and we think a Ban is the right step.
1 Poll Closing July 26, 2024
[Tally: [NON-CONSTITUTIONAL] Pilot Phase: Arbitrum Ventures Initiative(Tally | Arbitrum | [NON-CONSTITUTIONAL] Pilot Phase: Arbitrum Ventures Initiative)
Summary: This proposal builds upon discussions during ETHDenver, and a subsequent six weeks of conducting the Arbitrum Venture Initiative (AVI) Working Group.
Recommendation: Vote Yes. We voted FOR, The amount request and team background looks reasonable to experiment this idea.
1 Poll Closing July 31, 2024
[Snapshot: Gaming Catalyst Program (GCP) Council Voting(Snapshot)
Summary: This proposal is to vote for the GCP Council nominees.
Recommendation: We voted for David Bolger, C.J Bzdewka and CoinflipCanada. We believe these candidates have the right acumen and experience to be in the Council
1 Poll Closing July 31, 2024
[Snapshot: Change Arbitrum Expansion Program to allow deployments of new Orbit chains on any blockchain(Snapshot)
Summary: This proposal enables the Arbitrum Expansion program, which allows projects to fork the Arbitrum codebase, modify it to their business needs, and deploy it on any chain that derives security from Ethereum. In return, the new Orbit chain is expected to share 10% of their chain’s profit back to the wider Arbitrum ecosystem.
Recommendation: Vote Yes. We voted FOR, we believe this program is net positive for the Arbitrum ecosystem, dao and treasury.