I voted against
Here are the main points in short:
- In practice, all decisions in the program are determined by the Program Manager (PM). There is no clarity on who this PM will be – the DAO isn’t even given that choice.
- The program has become more closed:
- The proposals on which the PM makes decisions are hidden from the community.
- A delegate club has appeared: if a delegate isn’t part of it, they don’t get rewards, and entry is only possible by recommendation. At the same time, the PM can both punish a delegate and exclude them from this club.
- There are no clear budget criteria – neither for delegate payouts nor for operational expenses.
- There are no clear KPIs – what exactly is the program aiming for?
We believe that this program is not moving in the direction of openness for delegates, whom it claims to attract, but instead toward centralization of power and backroom decision-making. We hope that the Arbitrum will listen to the voices of active delegates—the very people this system is designed to attract.