Arbitrum DAO News: Governance, Security Council, EthLondon, March 13th 🔐
Providing concise and timely summaries of the most significant events in the Arbitrum DAO each week.
The Call for Candidates for the Security Council March '24 Cohort has officially begun, EthLondon is just around the corner, there’s some proposals to review and pending votes for the Delegates.
Let's dive into the Arbitrum DAO Updates!
TL;DR - Snapshot of the Week
ARDC Electees
Arbitrum at EthLondon
Security Council Elections
Expand Tally Support for the Arbitrum DAO
Double-Down on STIP Successes (STIP-Bridge)
Catalyze Gaming Ecosystem Growth on Arbitrum
Procurement Committee Subsidy Fund Public Consultation
Open Discussion of Proposals Governance Call
Active Proposals Live for Voting
Notable Forum Discussions
Ecosystem News
🔐 Security Council Elections
The Security Council is a committee of 12 members who are signers of a multi-sig wallet, which can perform Emergency and Non-Emergency Actions to uphold the ArbitrumDAO’s Constitution.
Elections are going to happen from Apr 12 to May 3 and you can check all about the Security Council Election process here.
🇬🇧 Arbitrum at Eth London
Arbitrum Ecosystem is heading to EthLondon and participating this time as a partner in the hackathon.
An Arbitrum stylus event is going to take place, where you will find an Arbitrum Booth and also Arbitrum-focused hackathon themes during the event.
If you will be participating, don't hesitate to approach us. If you want to learn more about the DAO and everything that is happening, feel free to let us know.
Governance News
🏦 Arbitrum Research & Development Collective Electees
The Research and Development Collective elections have taken place, and the new members have been elected. Congratulations to each of them.
Risk: Chaos Labs.
Research: Blockworks & Delphi.
Security: OpenZeppelin.
DAO Advocate: L2Beat + ANT Builders Cohort.
Details about the continuation of this collective will be announced soon.
📞 Open Discussion of Proposals Governance Call
The first-ever Open Discussion of Proposals Governance Call took place.
The purpose of this series of governance calls is to provide a dedicated space for delegates and DAO contributors to discuss their thoughts and potential voting rationales behind proposals and notable discussions in the pipeline.
Check the topics discussed and access the recording of the call here.
🏦 Procurement Committee Subsidy Fund Public Consultation
An ongoing public consultation regarding the ArbitrumDAO Procurement Committee Subsidy Fund is running.
This consultation aims to gather valuable stakeholder feedback to enhance the understanding of pricing models and pricing ranges within the sector.
The public consultation will remain open for feedback until Friday, 18th March. Your insights and suggestions are greatly valued as we strive to optimize the subsidy fund for the benefit of all stakeholders.
To share feedback and contribute to this initiative, please visit the consultation here.
⚖️ Expand Tally Support for the Arbitrum DAO
Tally has been a service provider for the Arbitrum DAO since its establishment one year ago. They are proposing to enhance support for the Arbitrum DAO by refining the proposal process, updating the Governor contracts, and showcasing delegate contributions.
The proposed project timeline is 4.5 months with a funding request of $220,000 USD in ARB to be allocated by the DAO.
For further details, you can refer to the information available here.
Grants News
🫡 Round 8 (final week) of "Our Biggest Minigrants Yet" is live!
This week, the ArbitrumDAO will be granting 2,500 ARB to each of the top four projects, totaling 10,000 ARB distributed in this round.
If you are developing in the 'The Next Frontier of NFTs' category, we encourage you to submit your application.
Some Governance Discussions:
Double-Down on STIP Successes (STIP-Bridge)
Description:
A new proposal has been unveiled to support successful projects under Arbitrum's Short-term Incentive Program (STIP).
With the competitive landscape heating up in the blockchain space, this initiative aims to empower top projects with grant extensions to bolster Arbitrum's position.
The proposal includes a budget of 37.5M ARB and utilizes existing vendors and multisig structures to manage overhead efficiently. A simplified voting mechanism will streamline project evaluation, while a clear timeline guides community engagement.
This endeavor seeks to foster growth and resilience in the ecosystem, helping projects thrive amidst rising competition.
Status:
The proposal is currently open for feedback, and a clear timeline has been provided.
Delegate to a public access, public good citizen enfranchisement pool through Event Horizon
Description:
This proposal aims to delegate 5,000,000 ARB to a public-access voter block within the Arbitrum ecosystem to empower small retail voters. By granting a clear voice to retail voters, incentivizing participation with additional governance authority, and promoting governance enthusiasts over those seeking financial gain, the model seeks to address the lack of meaningful representation for individual voters.
Through the concept of Implicit Delegation, which mobilizes the full public governance block, this model aims to boost participation and foster an inclusive governance ecosystem in line with Arbitrum's values of social inclusivity and openness.
The proposal also suggests future features like an Arbitrum Event Horizon Oversight Committee and anti-Sybil measures.
Status:
The proposal is currently open for feedback, and seeking for funding.
Catalyze Gaming Ecosystem Growth on Arbitrum
Description:
The Gaming Catalyst Program (GCP) aims to accelerate the growth of the gaming ecosystem on Arbitrum by attracting and supporting top game builders.
With a budget of 200m ARB over two years, the program will provide resources, mentorship, and funding to expedite game development on the network.
By positioning Arbitrum as an attractive platform for game builders, the GCP seeks to diversify the network's ecosystem and foster the creation of high-quality games that attract and retain users.
Status:
The GCP proposal is currently open for community feedback and discussion. A snapshot vote is scheduled for March 13th, 2024, to gather delegate agreement and receive detailed feedback.
The GCP Council elections and the formation of the GCP Venture Team are planned for April-May 2024.
Grant applications and requests for proposals will also open during this period.
Voting Reminders
Active Proposals Live for Voting
The following proposals are available for voting, and we encourage all delegates to analyze and exercise their right to vote.
Proposal to fund Plurality Labs Milestone 1B(ridge) (OnChain AIP)
This proposal aims to advance the development of a diverse grants framework for the Arbitrum DAO. The total cost and timeframe are: 3.36M ARB over 6 months, with 336k ARB allocated to Plurality Labs and 224k ARB to program management.
Deadline: Tuesday, March 26, 2024.
Request for Continuation of the Questbook Arbitrum DDA Program Request (Temp Check)
Based on the impact and insights from the Arbitrum DDA program, the proposal is to renew the program with a budget of $4 million for two quarters. The domain allocators will use this budget to fund proposals that align with Arbitrum’s roadmap and the same domain allocations as before, such as New Protocol Ideas, Gaming, Dev Tooling and Education, Growth, Community, and Events.
Deadline: Monday, Mar 18, 2024.
This proposal outlines the development of a simple but effective front-end interface that enables users to force-include transactions directly on L1 when the Arbitrum Sequencer is down, aiming to increase trust among end-users navigating the Arbitrum ecosystem.
Deadline: Wednesday, March 20, 2024.
No longer Active Proposals for Voting
The following proposals have concluded, and we invite delegates to stay tuned for their development within the Arbitrum DAO. The approval of a proposal is just the beginning, not the end.
Governance Calls
🔜 Upcoming Calls:
Arbitrum KPI Working Group
Incentives Working Group Call
📹 Past Sessions Recordings
Arbitrum Open Governance Call
You can subscribe and add the Arbitrum governance calls to your calendar here.
Arbitrum DAO Resources
To stay connected and informed, here are some valuable resources:
Stay Connected, Stay Informed
Every week, we analyze new proposals, summarize the state of the Arbitrum DAO, and provide you with the tools to contribute and increase your impact in the Arbitrum ecosystem.
We would love to hear your feedback as we continue to provide more Arbitrum DAO news each week.
Until the next edition, happy governing! 💙🧡