Arbitrum DAO News: Governance Updates, January 10 📰
Providing concise and timely summaries of the most significant events in the Arbitrum DAO each week.
✨ Introducing the Arbitrum DAO newsletter, an initiative aimed at providing concise and timely summaries of significant events in the Arbitrum DAO each week.
Let's dive into the Governance Updates! 🚀
👀 TL;DR - Week in a Nutshell
ARDC On Chain Voting on Tally 🗳️
ADPC Passed Temp Check on Snapshot and It's ready to go to Tally 📜
Long-Term Incentives Pilot Program Snapshot Voting and Deadline Extension for Position Application until January 12 📆
AIP: ArbOS Version 11 passed and it's ready to execute ⚙️
Proposal Differences: ARDC and ADPC 🔄
Notable Forum Discussions 💡
Upcoming DAO calls 📞
📰 Governance News
🗳️ ARDC On Chain Voting on Tally [Updated Version]
The Arbitrum Research & Development Collective (ARDC) is a proposal to establish a collective within the Arbitrum ecosystem.
It is currently being voted on in Tally, and the invite it’s to every delegate to cast their vote in the updated version.
If you would like to read more about this proposal, you can find more details and notes from the latest meeting here.
📜 ADPC Passed Temp Check on Snapshot and It’s ready to go to Tally
The ArbitrumDAO Procurement Committee (ADPC) proposal aims to establish a committee responsible for managing procurement in the Arbitrum Ecosystem. With a remarkable approval rate of 99.28% in the snapshot voting, it is now ready to be voted on-chain in Tally. To learn more about this proposal, visit the latest meeting notes here.
📆 Long-Term Incentives Pilot Program Updates
The Long Term Incentives Program, designed to distribute ARB incentives to protocols on Arbitrum, is in the snapshot voting phase. The application period has been extended until January 12th. We encourage delegates to participate in this proposal. Additionally, UMA will be hosting a Twitter Space tomorrow at 6pm UTC to discuss the LTIP proposal on Snapshot. Join to learn how it improves on the design of the STIP and introduces the council, application advisors, and other improvements to enhance the delegate experience.
⚙️ Experimental Delegates Incentive System On Chain Voting
This proposal aims to create an incentive framework for the most active delegates of the Arbitrum DAO. It will have a duration of six months and aims to assess the impact of incentives on delegates' active participation and involvement in the DAO's governance. The proposal is currently being voted on in Tally. Feel free to post any analysis or doubts in the main thread of the proposal here.
Some Governance Discussions:
Proposal [Non-Constitutional]: Establish the ‘Arbitrum Research & Development Collective’ 1
Description:
The Arbitrum Research & Development Collective (ARDC) is a proposal to establish a collective within the Arbitrum ecosystem. Its purpose is to support the development and implementation of ideas from Arbitrum DAO members. The ARDC aims to enhance governance proposals, conduct code reviews, provide economic risk analysis, and increase delegate engagement. It strives to improve governance decision-making, security, transparency, and community engagement through services such as objective assessments, proposal improvement tooling, security reviews, and risk mitigation.
This proposal improves upon The Arbitrum Coalition proposal and discusses the Collective’s focus areas, proposed members, and funding.
The collective would consist of experts in various fields and include roles such as the DAOAdvocate, Risk Member, Security Member, and Research Member, operating within a legally enforceable framework with checks and balances.
Proposal [Non-Constitutional]: Establish the ArbitrumDAO Procurement Committee
Description:
The ArbitrumDAO Procurement Committee (ADPC) proposal aims to establish a committee responsible for managing procurement in the Arbitrum Ecosystem. Its initial responsibilities include creating a ‘Procurement Framework for Security Service Providers’ and potentially expanding its duties in the future.
The committee will be composed of three members elected for 6-month terms through an application process, KYC/KYB review, and Snapshot’s weighted voting. The ADPC will operate under an agreement with the Arbitrum Foundation, adhering to ethical guidelines and governance standards.
🚨 Proposal Differences: ARDC and ADPC
These two proposals, the ARDC and ADPC, present unique approaches to governance within the Arbitrum ecosystem. The ARDC focuses on empowering DAO members by supporting idea development and implementation, while the ADPC prioritizes efficient procurement management. Both proposals exemplify the commitment of the Arbitrum community to enhancing transparency, security, and community engagement in shaping the ecosystem’s future.
Long Term Incentives Pilot Program
Description:
The Long Term Incentives Program is an initiative aimed at distributing ARB incentives to protocols on Arbitrum. It seeks to address the issues identified in the previous STIP V1 and aims to improve distribution through innovative mechanisms, feedback processes, and a more efficient evaluation structure involving a council and advisors. Council members and advisors will be selected from nominations and voted on separately.
Similar to STIP in Round 1, selected protocols will receive their requested ARB using bi-weekly Hedgey streams until Abril 26th. Protocols will be required to finish their incentives distribution on return any unused funds to the DAO by May 10th.
📅 Governance Calls
Previous Calls:
ArbitrumDAO Procurement Committee: Updates
Meeting Notes and RecordingArbitrum Research & Development Collective: Updates
Meeting Notes and RecordingContributor Pathways | Biggest Problem Workshop Series
Recording
Upcoming Calls:
#10 Arbitrum Open Governance Call
AgendaOpen Arbitrum Delegates Emergent Workshop
You can subscribe and add the Arbitrum governance calls to your calendar here.
🌐 Governance Resources
To stay connected and informed, here are some valuable resources:
🫡 Stay Connected, Stay Informed
At the end of the week, I’ll be providing updates on the state of governance news in the Arbitrum DAO and also evaluating some notable discussions on the forum, such as:
That's it for our first edition. I am happy to hear your feedback as we continue working on providing more governance news each week.
Until next edition, happy governing!