Arbitrum DAO News, Learning Arbitrum Stylus, Tracking ongoing initiatives, May 30th 📓

Providing concise and timely summaries of the most significant events in the Arbitrum DAO each week.

This week in the DAO has been relatively calm, with updates on ongoing initiatives, a new proposal, funding and incentive programs, and voting for delegates.

Let’s dive into this week’s Arbitrum DAO news 🚀

👀 TL;DR - Snapshot of the Week

• Arbitrum Learning Track on Hack Quest

• Farcaster Integrates with Arbitrum

• Arbitrum Foundation Grants Phase 3

• Mint an open edition #Arbizuki on Zora

• Arbitrum Ecosystem Spotlight: Factor DAO

• Thank ARB Program Update Assessors Needed

• ARDC and ADPC Updates

• Onboarding to the Arbitrum DAO

• Discussions and Proposals

• Voting Reminders

• Governance Calls

• DAO Resources

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Ecosystem News 💙

Arbitrum Learning Track on Hack Quest

This comprehensive track provides everything you need to master DeFi strategies and development on Arbitrum.

What’s Included:

• Bite-sized modules on Arbitrum essentials, Rust syntax, and Stylus SDK.

• Step-by-step projects like Bulls and Cows Guessing Game, ERC20 Token, NFT, and DeFi Smart Vaults.

• A personalized dashboard for tracking your progress and missions.

• Post-course support and a verifiable, on-chain certification.

Start your Stylus learning here.

Farcaster Integrates with Arbitrum

To celebrate this integration, Arbitrum Foundation launched: 🟪Frame It🟪

A buildathon for developers to create Frames on Arbitrum, with $500k USD in retroactive rewards.

Apply here for retroactive rewards every two weeks.

Arbitrum Foundation Grants Phase 3

If you’re developing a dApp on Arbitrum or want to add value to the ecosystem, Arbitrum Foundation Grants Phase 3 has opened new tracks:

Growth Track Advanced Growth Track Orbit Track Stylus Track Multichain Growth Track

If you fit any of these tracks, apply here: Apply Now

Mint an open edition #Arbizuki on Zora

For the Arbitrum community, there’s an open edition of Azuki #723 on Arbitrum via Zora with a minting fee of 0.000777 ETH.

The open mint will last for one month! Mint your Azuki #723 here.

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🗣️ Ecosystem Spotlight

Factor DAO

FactorDAO is a community-governed platform revolutionizing the way complex DeFi strategies are built and automated. By providing powerful yet intuitive tools, FactorDAO makes creating and managing cross-protocol DeFi strategies as easy as drag-and-drop, without any coding required.

Learn more about Factor | Factor Docs

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😉 DAO News

Thank ARB Program Update Assessors Needed

The Thank ARB program is seeking assessors for grant proposals in the Firestarters and RFP programs. The program is looking for “Tier 1 Reviewers” with expertise in the Arbitrum ecosystem. Reviewers will be compensated with 100 ARB per application review.

Additionally, “Tier 2 Reviewers” are needed for initial assessments to filter out spam and ineligible projects. Tier 2 Reviewers will earn 10 ARB per review and have the opportunity to advance to Tier 1.

This initiative aims to allocate 3 million ARB this summer. Interested community members are encouraged to apply.

Arbitrum Research and Development Committee Updates

The ARDC has been very active over the past week, sharing important updates on various proposals and concerns within the DAO.

These updates ensure that delegates are well-informed and equipped to make the right decisions for the DAO’s future.

• Gaming Catalyst Program Analysis

• STIP Analysis (ARDC Research Deliverables)

Arbitrum Development Proposal Committee (ADPC) Updates

The Snapshot proposal to establish a Sub-Committee for the Security Services Subsidy fund is now up for voting. Vote here.

The ADPC has also shared its bi-weekly card recording for additional insights.

Arbitrum DAO Onboarding for new contributors

If you’re interested in participating, the meetings occur every Monday at 1 pm UTC and Thursday at 11 pm UTC.

Please make sure to add the Arbitrum DAO Calendar for the full schedule and the most accurate times.

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📑 Some Governance Discussions:

AIP: Funds to bootstrap the first BoLD validator

The Arbitrum Foundation is seeking 5,134 ETH to bootstrap the first BoLD validator, covering assertion and challenge bonds, service fees, and L1 gas cost refunds. This proposal is contingent on the approval of the “AIP to upgrade the DAO-governed chains to use BoLD.”

Rationale Projects asks

Ask: 5,134 ETH.

Proposal: The Startup Collective - Ecosystem Growth in Arbitrum.

The Arbitrum Startup Collective aims to supercharge innovation in the Arbitrum ecosystem by investing in up to 150 startups through a $50 million dedicated investment vehicle. This initiative will run a structured founders program for Seed to Series A startups, providing mentorship, network access, and resources to accelerate ecosystem growth and drive network adoption.

Rationale Project Asks

Ask: $50 million USD.

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🗳️ 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.

• Pilot Phase: M&A for Arbitrum DAO (Tally)

  The 8-weeks M&A pilot phase proposal is the next step toward the Arbitrum M&A proposal outlining the opportunity for Arbitrum DAO to form an M&A Unit focused on identifying and executing on acquisition opportunities.

  Ask: 52.000 $ARB
  Deadline to vote Sunday, Jun 2, 2024.

• Front-end interface to force transaction inclusion during sequencer downtime (Tally)

  WakeUp Labs 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.

  Ask: 42.500 $ARB
  Deadline to vote Monday, Jun 3, 2024.

• Catalyze Gaming Ecosystem Growth on Arbitrum (Tally)

  The GCP is meant to serve as a catalyst, not a comprehensive program, with a focus around onboarding and supporting high quality builders. After the roll out of the GCP, the aim is to use its learnings to mature the organization into a longer-term gaming program with a comprehensive approach to game ecosystem growth.

  This is a three-year program and forecasted amounts may change / require amendment(s) as the program evolves. Any unutilized ARB at the end of the program duration will be returned to the DAO treasury.

  Ask: 200m ARB + operations costs.
  Deadline to vote Voting stars in two days.

• Constitutional AIP - Security Council Improvement Proposal (Tally)

  This AIP seeks to upgrade the Arbitrum Security Council structure to ensure Arbitrum remains decentralized and secure by increasing the threshold of the non-emergency Security Council to 9/12.

  Ask: The proposal has no overhead for the DAO.
  Deadline to vote Sunday, Jun 9, 2024.

• ArbitrumDAO Contribution; Safeguarding Software Developers’ Rights (Tally)

  This proposal aims to provide financial support from the ArbitrumDAO to the DeFi Education Fund (DEF) and Coin Center to continue their efforts in policy, litigation, and advocacy for open-source software and software developers’ rights.

  Ask: 1,000,000 ARB, split equally between DEF and Coin Center.
  Deadline to vote Sunday, Jun 9, 2024.

• Kwenta x Perennial: Arbitrum Onboarding Incentives (Snapshot)

  Kwenta, a prominent DeFi application in the Optimism ecosystem, plans to expand to Arbitrum using Perennial V2, an Arbitrum-native protocol. This joint proposal requests 1.9 million ARB to fund targeted onboarding incentives aimed at bringing Kwenta users to Arbitrum.

  Ask: 1.9 million ARB.
  Deadline to vote Friday, May 31, 2024.

• Set up a Sub-Committee for the Security Services Subsidy Fund (Snapshot)

  This proposal aims to establish the Security Services Subsidy Fund (SSSF) Sub-committee and requests 60,000 ARB to fund its members over an 8-week cohort.

  Ask: 60,000 ARB.
  Deadline to vote Thursday, Jun 6, 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.

• Streamlining the LTIPP Bounties ✅

• Grant Request - Curve Finance ✅

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📱 Governance Calls

🔜Upcoming Calls:

• Arbitrum DAO Onboarding

• Open Discussion of Proposal(s) - Bi-weekly Governance Call

• Arbitrum Fellowship Calls

You can subscribe and add the Arbitrum governance calls to your calendar here

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📚 Arbitrum DAO Resources

Here are some valuable resources of the Arbitrum DAO:

I want to be up to date in the Arbitrum DAO

• Arbitrum DAO X

• Arbitrum News DAO X

• Arbitrum Governance Calls Calendar

Don’t forget to subscribe to this newsletter.

I'm a delegate or contributor in the Arbitrum DAO

• Arbitrum Hub

• Arbitrum’s Discussions/proposals summarized with AI

• How to submit a Proposal to Arbitrum DAO

• Arbitrum Delegates Announcements Telegram Channel

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🙌🏻 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.

About us, @ocandocrypto and @eugenia, we’re core contributors to web3citizen.xyz.

Reach out to us on @web3citizenxyz - we would love to hear your feedback!

Until the next edition, happy governing! 💙🧡