id,title,body,choices,start,end,snapshot,state,scores,scores_by_strategy,scores_total,scores_updated,author 0x57acaed2db622fa66de2bd70d3710f48984a5e55449a0bf6e4e661306d20d148,[Non-Constitutional AIP] Front-end interface to force transaction inclusion during sequencer downtime,"### **Abstract** [WakeUp Labs](http://www.wakeuplabs.io/) 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. Inspired by a few community discussions ([Link 1](https://x.com/Cattin0x/status/1735779772054077917?s=20) & [Link 2](https://x.com/fede_intern/status/1754226077981893052?s=20)) , and validated historical events like: [Sequencer Downtime 1](https://offchain.medium.com/todays-arbitrum-sequencer-downtime-what-happened-6382a3066fbc), [Sequener Downtime 2](https://dedaub.com/blog/arbitrum-sequencer-outage), [Historical Sequencer Status](https://status.arbitrum.io/history/3) and [L2BEAT status](https://l2beat.com/scaling/risk). This tool aims to empower users with the ability to bypass the Sequencer in situations where it is unavailable or censoring transactions, thus aligning with Arbitrum's vision for progressive decentralization. WakeUp Labs has a proven track record of expertise in crafting exceptional blockchain tools and infrastructure. Their contributions extend to collaborating on [open-source projects for major DAOs](https://x.com/0xMilton/status/1755972182553899487?s=20), enhancing Ethereum Foundation-funded initiatives, building complex DeFi protocols, SmartContracts and offering a [developer platform](http://www.platform.wakeuplabs.io/) that facilitates robust and scalable API calls for smart contract deployment without requiring Solidity programming skills. (Currently operating even on the Arbitrum blockchain). ### **Introduction** The Arbitrum Sequencer is a critical component of the network, responsible for submitting users' transactions to L1. Under the current model, the Sequencer represents a point of failure that, if compromised, could delay or prevent transaction processing. There are ways to bypass it, but non-developer users lack that capability. This proposal seeks to mitigate such risks by providing a user-friendly alternative transaction submission pathway, thereby enhancing the network's resilience, user autonomy, and their confidence in the Arbitrum ecosystem. ### **Rationale** - **Decentralization and user empowerment:** By enabling direct L1 transaction submissions, users can circumvent Sequencer outages or censorship, maintaining their ability to transact without interruption. This capability is crucial for ensuring the network's operational integrity and aligns with the principle of progressive decentralization. - **Enhancing trustless security:** The proposed interface would serve as a valuable tool in rare situations where the Sequencer fails to perform its duties. It ensures that the Arbitrum Rollup maintains its trustless security model, even when permissioned components of the system are not functioning correctly. ### **WakeUp Labs core team** - **[Milton Berman](https://www.linkedin.com/in/miltonberman/)**, co-founder and CEO, brings extensive experience as a CTO in a decentralized identity project supported by IDB Lab and Bitcoin NGO. He has also worked as a Product Owner at Rootstock blockchain and as a CTO in a mobile game studio company. With a background in working with large corporations, Milton possesses the technical expertise and strategic vision necessary to drive the success of our project. - **[Maximiliano del Hoyo](https://www.linkedin.com/in/maximiliandh/)**, co-founder and CBDO, has a diverse background in software and finance. His previous experience at notable companies like Microsoft and Nestle provides him with the necessary knowledge and network to navigate the intersection of technology and business, ensuring the effective achievement of the project's goals. - **[Gonzalo Silman](https://www.linkedin.com/in/gonzalo-silman/)**, co-founder and COO, possesses a unique blend of expertise in economics (former university professor), finance, and entrepreneurial experience in creating gaming products for LATAM communities. This diverse background brings a fresh perspective and innovative thinking to our project, enabling us to understand user needs and craft tailored solutions that resonate with our target audience. ### **Proposal Details** ### Technical Implementation 1. **Transaction Monitoring:** Develop functionality to listen for user transactions on L2 that are not included by the Sequencer, with guidance from the Arbitrum SDK documentation. 2. **Manual Transaction Hash Input:** In cases where automatic detection is not feasible, provide a user interface for manually entering the transaction hash or implement manually the previous transaction in the new solution. 3. **L1 Transaction Replication:** Implement mechanisms to replicate the intended L2 transaction on L1, using ""Forced Withdrawal"" type transactions to push the L2 transaction from L1. 4. **Confirmation Display:** Ensure the interface provides feedback once the transaction has successfully been processed. 5. **Processing Time Consideration:** Account for the approximately 24-hour processing period to prevent errors or transaction duplication across chains. 6. **Hosting, Service & Maintenance:** WakeUp will host the service, ensuring it runs 24/7. For the first three months, we will fine-tune and iterate the service. Additionally, should any problems occur, the WakeUp team is committed to identifying and resolving these issues for a minimum of the next two years. ### Development Roadmap & Budget Allocation: 1. **Technical Research, POC, Documentation and Testing (3 weeks, $ARB 9000):** Deep dive into the Delayed Inbox functionality and its integration, along with creating a PoC and validating the necessity of a new internal tool for transaction monitoring and sequencer status. We will also carefully check that our solution doesn't disrupt the proper functioning of Arbitrum; if it does, we will enable this instance only when the official sequencer is not operating correctly. This research conducted by the WakeUp Team will be made public, and the community will be able to view it, both in a summary Twitter Thread and in an Article shared on the OSS Github repository once completed. 2. **Endpoint Development (1.5 weeks, $ARB 3500):** Creation of endpoints to interact with the backend logic. 3. **Logic Integration and Testing (2 weeks, $ARB 3500):** Connecting the frontend to the endpoints and verifying the operational logic, and test heavily the MVP. 4. **Design Phase (4 weeks, $ARB 5000):** Additional time allocated for the design process, ensuring a user-friendly experience. 5. **UI Development (3 weeks, $ARB 5500):** Crafting an aesthetic and intuitive user interface inspired by existing high-quality designs. 6. **Open-source Preparation (3 weeks, $ARB 6000):** Finalizing and documenting the codebase for open-source release. 7. **Service & Maintenance after Launch (24 months, $ARB 10000).** We commit to hosting the site on Vercel or AWS, ensuring 24/7 operation for at least 24 months. Initially, the WakeUp team will refine the website based on user and Arbitrum community feedback and conduct continuous testing to ensure its reliability. Any issues, such as downtime or crashes, will be promptly addressed by the WakeUp team at least for the next two years. ### **Budget and Resources** - **Estimated Timeframe:** Approximately 4.25 months for full implementation, including design phases; followed by 3 months dedicated to post-launch iterations and 24 months of hosting, monitoring, and bug fixing to address any possible error. - **Development Team:** One full-time Sr Solidity developer for the core implementation and Research, additional design and developer resources for the UI/UX phase. The proposal also considers a Sr part-time dev for the Maintenance after launch. Gonzalo or Milton from the core team will also keep track of the project as PO. - **Cost Estimate:** 42.500 $ARB ### **Conclusion** Developing a front-end interface to enable force-including transactions during Sequencer downtime is a crucial requirement in the Arbitrum ecosystem. This proposal aims to empower users by ensuring transaction capabilities even when the Sequencer is unavailable. By doing so, it aligns with Arbitrum's goals of decentralization and enhancing user autonomy. Additionally, the project will provide the open-source code for the back-end solution, thereby improving trust in the solution and tool. ### 03/11/2024 - Notes: Some changes have been made in this proposal, thanks to the feedback provided by @cp0x, @maxlomu and @frisson.","['For', 'Against', 'Abstain']",1710308283,1710913083,189855116,active,"[3015887.0609958605, 22790.31026982852, 29441.319029749684]","[[3015887.0609958605], [22790.31026982852], [29441.319029749684]]",3068118.6902954397,1710409798,0xAbAbE91A907fAdff921720C43ABe4098e7245E99 0x5bede8277e7fe0beef5764d2915d1d1c288fcc47747c6fa576b501f5cb3d6115,Request for Continuation of the Arbitrum DDA Program Request,"## **Summary** As we near the end of allocating the initial grant budget (link to proposal), where through the [Arbitrum Grants Program ](https://arbitrum.questbook.app/) run via the Delegated Domain Allocation model by Questbook, $912k has already been allocated to over 60 proposals. Based on the overwhelming response and number of quality proposals the grant program has received, we propose to start a new program for the Arbitrum Grants via DDA through Questbook with a budget of $4,000,000 spread across 4 domains over the next two quarters. We have received great feedback and support from the community, builders, and domain allocators for requesting additional budget and continue funding projects through the delegated domain allocation model. ### **Proposal** Based on the impact and insights derived from Arbitrum DDA program, we propose renewing the Program with a budget of $4M for two quarters. The domain allocators will utilize this budget to fund proposals that align with Arbitrum’s roadmap. After researching, gathering feedback from domain allocators, active community members, and builders, we propose supporting the same domains as the previous program: |Domain|Domain Allocator|Proposed Budget| | --- | --- | --- | |New Protocol Ideas|Jojo|$920,000| |Gaming|Adam|$920,000| |Dev Tooling|Juandi|$920,000| |Education, Growth, Community and Events|Cattin (Seed Latam)|$920,000| **RFPs, acceptance criteria and specifications for each domain** 1. New Protocol Ideas - [Link ](https://docs.google.com/document/d/120s88WVycDyP2pUfgcT0eE8ILuribuayHDnd5aeZxbM/edit#heading=h.4th1bgre9sv4) 2. Gaming - [Link](https://docs.google.com/document/d/1UIQA_kGeLsXQOZsIiGaNzE35TRTbqXBl5JauNt4LECQ/edit#heading=h.ig7e612gb5vt) 3. Dev Tooling - [Link](https://docs.google.com/document/d/144gTfeKKXOtPxMTEB9d73wELepJ9mNPjMJHjvCSy3uE/edit) 4. Education, Growth, Community and Events - [Link](https://www.notion.so/e8e86fbd9ee349beb0d9046607dae812?pvs=21) * We propose increasing the allocated grants budget for all domains equally to a higher budget based on the number of proposals received in the previous round. * Additionally, in the first round we set a soft cap of $25,000, and we propose increasing the cap to $50,000, with a few more steps for approving a grant that is larger than $25,000, requiring the involvement of two DAs to approve a proposal rather than just the specific domain allocator. * Considering the previous softcap being half of what is currently proposed, and that for an average of $220,000 for each domain the program was able to run for around 3.5 months before being maxed out, we project that providing 4X the amount of the previous iteration to each domain should allow the program to constantly allocate, at the same rate or even higher, for the full 6 months projected duration * The increased cap will allow the Questbook Program to keep covering the bootstrap belt of grant between $1,000 to $25,000 while, at the same time, be able to serve larger protocols that inherently might have larger needs. ### Specifications and Implementation Similar to the model implemented in the initial program, the renewed grants program will be run using **[Delegated Domain Capital Allocation Model 1](https://blog.questbook.xyz/posts/min-grants-dao-max-community-participation/)**. Each *domain allocator* will run their respective domain on-chain for full transparency using Questbook. The data and performance across key metrics will be visible to the community. While the program has produced, accordingly to preliminary conversation with protocols and delegates, good results, we want to address and integrate the feedbacks so far proposed and partially covered in the previous section, such as: * have better accountability for the increased soft cap * define a more robust and structured set of rules for applicants, in regards to providing a timeline for their project(s) * define a cost for the management and verification of milestones after the program is completed * define a plan to manage the volatility of funds being distributed by the DAO in ARB token. The DA will evaluate all the proposals through the rubrics provided for each domain, with the following framework: * in case of request below or equal to $25,000, the evaluation process will be the same of the previous iteration, with rubrics being evaluated and scored by the specific DA * in case of request above $25,000, and below the new soft cap of $50,000, the evaluation will involve a second DA, chosen by the first one based on the proximity of the specific expertise and knowledge to that proposal, that will have to publish a second evaluation of the rubrics alongside the score. Assuming N rubrics, scored from 1 to 5, the grant will be approved only if both the DA will give each a scoring equal or above to N*3. The disbursement of the grant will take place on-chain from a multi-sig wallet controlled by the program manager & the domain allocator. The domain allocator will approve or reject the application based on evaluation rubric. A Grants SAFE, with 3/5 multi-sig, between the program manager and 4 domain allocators will be setup. We will then have 4 SAFEs for each of the domains with a 2/2 between the program manager and the specific domain allocator. The funds for the grants program will flow from the treasury into the Grants SAFE. This SAFE will hold the funds related to operational costs, committee compensation, and the grants budget. Funds that will be disbursed to the proposers will reside in the domain-level SAFEs. After the end of two quarters, the grants committee and the Arbitrum community shall evaluate the performance of each domain using publicly available data and decide to eventually, renew the program and, if so, change any specification of the domains, the domain allocators or the program manager. To ensure predictability of the funding of the program and a proper runaway, upon receiving the amount from the DAO, the DAs alongside the PM will convert it in stables. If the protocols request it, specific grants or milestones might be paid in $ARB by converting the needed amount at the moment of payout. Arbitrum DDA program closed accepting new proposals from mid February. If the program will be renewed in the terms above, the DDA program will take care, alongside the evaluation of new proposal, to keep evaluating the milestones of the previous program, thus allowing for the continuity of the previous iteration in an accountable way for grantees. ### Compensation We propose the following payment structure for the PM and DAs, with a base salary of $100/h and an increased projected workload of DA by 33% compared to the previous program, in consideration of the fact that DA not only have on average worked more than what initially was expected in the previous program, but also that they will need to spend time to cross evaluate all proposals above $25,000. On the other hand, the compensation of the PM is instead unchanged. We are also adding overhead for an extra 6 months, equivalent to 20% of full-time salaries, for the Domain Allocators and the PM to keep evaluating the milestones of the grantees after the natural end of the program. This will ensure the proper continuation of the program and the followup with grantees, despite the program potentially not being renewed if so decided by the DAO. In case the program would be renewed with the same structure and people, or in case the milestone verification would come to an end before the due time, any leftover would be given back to the Arbitrum DAO. |Role|Monthly Cost|Total| | --- | --- | --- | |Program Manager and Questbook|$10000|$60,000*| |Domain Allocator|$8000|$192,000| |Overhead for extra 6 months|$8400|$50,400| |Operations Cost, Misc.||$10,000| ||Totals:|$312,400| *Note: Questbook will provide the grants committee its grants orchestration tool at a cost of $5000 per month, included in the numbers above with the PM’s payment. As per the above, the current costs to run program would be 7.8% of the overall budget of the grant program. * We suggest that the grants committee continue with [Synapse ](https://www.synaps.io/) for KYC services and [Docusign](https://www.docusign.com/en-in) for all contractual agreements, as we have been using these services throughout the Arbitrum DDA program 1. * However, for any specific asks from the grants team in order to run the process more smoothly, Questbook will charge for any additional feature requests based on the development overhead through a retrospective grant proposal from Arbitrum at the end of two quarters. ### Read the whole proposal on the forum for Domain Allocator roles, responsibilities, KPIs, and Expectations","['For', 'Against', 'Abstain']",1710115265,1710720065,189121409,active,"[77242574.65810747, 246279.13776052376, 373248.9485864168]","[[77242574.65810747], [246279.13776052368], [373248.9485864168]]",77862102.74445468,1710409794,0xAbAbE91A907fAdff921720C43ABe4098e7245E99 0x13bcccfeeb736c732bdd08032841d6a07614d17dcee2d29a435e7b0114361a0a,[Non-Emergency Action] Fix Fee Oversight ArbOS v20 “Atlas”,"Request Non-Emergency Security Council Action Abstract The transaction fee paid by users is composed of two parts, L2 fees and L1 fees, which together include the execution cost for running the transaction on Arbitrum alongside the cost of posting data to Ethereum (to learn more about this, read the deep dive on the subject 1). Historically, the rollup fee market has been dominated by the L1 cost component. With the Dencun upgrade soon being enabled on Ethereum, the current pricing structure may no longer be optimal. The ArbOS Version 20 “Atlas” upgrade is a step towards better consuming the new data availability affordances offered by Ethereum, but will also potentially require further adjustment once EIP-4844 has been deployed and tested. There was an oversight during the ArbOS Version 20 “Atlas” upgrade where two configuration should be updated for users when the Dencun upgrade occurs: L1 surplus fee. Reduce the surplus fee per byte from 32 gwei to 0. L2 base fee. Reduce the minimum from 0.1 gwei to 0.01 gwei. In both cases, the configuration changes will match what is currently implemented in Arbitrum Nova. As evidenced by the recent surge of transactions in Arbitrum Nova, the network can handle the increased transaction throughput while offering lower fees for users in general under that configuration. Impact on the ArbitrumDAO’s revenue The L2 base fee change will impact the revenue received by the ArbitrumDAO. The potential impact based on the past 30 days of activity was calculated, which if the changes had been implemented (ignoring potential changes in demand based on lower fees), would have resulted in overall profit going from 816.13 ETH → 79.89 ETH While the fee reduction will result in lower revenue for the ArbitrumDAO in the short term, it will ensure that the Arbitrum One network continues to offer competitive costs to its users and in turn it can lead to an increase in transaction traffic. Since the parameter change affects the revenue generated, it is important to carry out a temperature check for the ArbitrumDAO to discuss and ultimately vote on the change. If it is approved by the ArbitrumDAO, then the Security Council will be requested to initiate a non-emergency action to execute the configuration change. The goal is to ensure the fees are changed as soon as possible in line with the Decun upgrade. Implementation details The following configured values will be changed in the ArbOwner smart contract that can be viewed in Contract Address 0x000000000000000000000000000000000000006b | Arbiscan. The following governance action smart contracts will be used to initiate the action: ArbOneSetAtlasL1PricingRewardAction | Address 0x36D0170D92F66e8949eB276C3AC4FEA64f83704d | Arbiscan ArbOneSetAtlasMinBaseFeeAction | Address 0x849E360a247132F961c9CBE95Ba39106c72e1268 | Arbiscan The security council will separate the two parameter change actions to enable the ArbitrumDAO to decide whether to accept one, both, or neither. The ability to decide will be reflected on Snapshot using a ranked voting with the following options: Set L1 surplus fee and L2 minimum base fee. Set only L1 surplus fee. Set only L2 minimum base fee. Set neither option and cancel security council action. Timeline The ArbOS v20 “Atlas” upgrade is due to be activated on the 14th of March, and the following schedule will be pursued to address the configuration issues in a timely manner: 5th March - Temperature Vote on Snapshot 5th March - Initiate non-emergency security council action 18th March - Activate configuration change to reduce fees A non-emergency security council action is viewed as ideal as it exists primarily to approve and implement routine software upgrades, routine maintenance and other parameter adjustments in a non-emergency setting. Temperature check: Snapshot 3 Security council transaction: [update shortly] Taking this route will mean that Arbitrum One network will have higher than anticipated fees for 5 days. The following governance calls will also enable the community to discuss the technical changes: 6th March - Wednesday at 6pm EST 7th March - Thursday at 9am EST Both calls will be added to the governance call and more calls can be arranged if necessary.","['Set L1 surplus fee and L2 min.', 'Set only L1 surplus fee', 'Set only L2 minimum base fee', 'Set neither option and cancel']",1709656316,1710261116,187393405,closed,"[200800130.2320098, 151037.45730578783, 105199.53000231614, 39797.76690599165]","[[200800130.2320098], [151037.45730578783], [105199.53000231614], [39797.76690599165]]",201096164.98622316,1710261122,0xA7860E99e3ce0752D1ac53b974E309fFf80277C6 0xb04e968c2439cd68e429f722722944c960f82ce75d9f75efe8be52333e1d6554,ARDC Risk Member Election,"The Risk member should ideally possess a range of skills. This includes a strong quantitative background for conducting thorough reviews, research, and modeling or simulations related to economic risk, design, and optimization. The Risk member is to provide the ArbitrumDAO [through the ARDC] with a comprehensive knowledge-base in relation to digital asset-focused risk identification, risk assessment & risk mitigation. The Risk member should ideally have experience re. risk-focused design, research, and modeling to determine how to incentivize usage, maximize economic efficiency, protect systemic protocol health, and plan for the future with rigorously validated insights. On the 22nd of January 2024, the ArbitrumDAO voted to establish & fund the Arbitrum Research & Development Collective; a collective of specialised individuals in Risk, Research & Security aimed at providing ongoing specialised assistance to the ArbitrumDAO: {https://www.tally.xyz/gov/arbitrum/proposal/56002054155248055908873103086558103132748843103210580613728556162036150296506?chart=bubble} Following a call for applications, review process and amendment period in line with the Election Process as ratified by the ArbitrumDAO, we are now posting the elections for the Arbitrum Research & Development Collective in line with the applications as finalised on the 3rd of March 2024 [https://forum.arbitrum.foundation/t/arbitrum-research-development-collective-elections-applications/20805] We encourage all Arbitrum Delegates to vote with responsibility and in the best interests of the ArbitrumDAO.","['Elect Chaos Labs', ""Don't Elect Chaos Labs""]",1709654765,1710259565,187149902,closed,"[176162724.37748492, 186781.8266286507]","[[176162724.37748492], [186781.8266286507]]",176349506.20411277,1710259652,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0x3d41ffb43e44e83d004505e362e70f703aed0e740322e8ebfbb390d54724ca91,ARDC Security Member Election,"The Security member should ideally possess skills in specific static analysis bug detection targeting code updates and developing fuzzing capabilities to validate upgrade states. They should be proficient in visualizing the state of governance contracts, ensuring correct encoding of values, and providing educational materials and guidelines for reviewing upgrade procedures. Additionally, they should have expertise in whitebox source code reviews, identifying design flaws, and ensuring security and correctness properties in on-chain upgrade proposals. This role is crucial for preventing governance attacks and may involve building tools and educational materials to support proposal reviews when no code review is required. On the 22nd of January 2024, the ArbitrumDAO voted to establish & fund the Arbitrum Research & Development Collective; a collective of specialised individuals in Risk, Research & Security aimed at providing ongoing specialised assistance to the ArbitrumDAO: {https://www.tally.xyz/gov/arbitrum/proposal/56002054155248055908873103086558103132748843103210580613728556162036150296506?chart=bubble} Following a call for applications, review process and amendment period in line with the Election Process as ratified by the ArbitrumDAO, we are now posting the elections for the Arbitrum Research & Development Collective in line with the applications as finalised on the 3rd of March 2024 [https://forum.arbitrum.foundation/t/arbitrum-research-development-collective-elections-applications/20805] We encourage all Arbitrum Delegates to vote with responsibility and in the best interests of the ArbitrumDAO.","['DoDAO', 'Trail of Bits', 'Spearbit', 'Zellic/Dedaub', 'OpenZeppelin', 'Halborn', 'Nethermind']",1709654756,1710259556,187149837,closed,"[456364.5767445516, 65642885.1925722, 2381944.705663065, 51156399.29032206, 76432044.46455939, 11556654.590019332, 8982191.647828484]","[[456364.5767445516], [65642885.1925722], [2381944.705663065], [51156399.29032206], [76432044.46455939], [11556654.590019332], [8982191.647828484]]",216608484.46770906,1710259558,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0x9210912a0a77090d1407107dcb9143864aa6c1faa5c6ed9046b6a0a56bf6bbcc,ARDC DAO Advocate Election,"The DAOAdvocate will represent the ArbitrumDAO & maintains the ability to direct the ARDC’s efforts; Functions as the bridge between the ArbitrumDAO and the ARDC. The DAOAdvocate will be elected via Snapshot. The advocate will receive a stipend per month as per his ask in the application submitted to the DAO pre-election. The advocate’s main responsibility is ensuring that the Arbitrum DAO’s best interests are met by the ARDC & that the ARDC acts in accordance with its mandate & purposes. If a member of the ARDC is deemed to have acted negligently, in bad faith, or contrary to the mandate/purposes of the ARDC as ratified by the ArbitrumDAO, the DAOAdvocate will have a legal obligation submit a proposal via Snapshot to terminate such a member of the ARDC together with the necessary details that justify such termination. Following this, the DAOAdvocate will have an ancillary legal obligation to submit a call for applications for the vacant ARDC seat. The decision as to who ought to take up the vacant seat will be determined by the ArbitrumDAO via the election mechanism stipulated in this Forum Post. On the 22nd of January 2024, the ArbitrumDAO voted to establish & fund the Arbitrum Research & Development Collective; a collective of specialised individuals in Risk, Research & Security aimed at providing ongoing specialised assistance to the ArbitrumDAO: {https://www.tally.xyz/gov/arbitrum/proposal/56002054155248055908873103086558103132748843103210580613728556162036150296506?chart=bubble} Following a call for applications, review process and amendment period in line with the Election Process as ratified by the ArbitrumDAO, we are now posting the elections for the Arbitrum Research & Development Collective in line with the applications as finalised on the 3rd of March 2024 [https://forum.arbitrum.foundation/t/arbitrum-research-development-collective-elections-applications/20805] We encourage all Arbitrum Delegates to vote with responsibility and in the best interests of the ArbitrumDAO.","['L2BEAT/Ant Federation', 'Pavel Fedotov']",1709654746,1710259546,187149777,closed,"[186047236.4537226, 8351015.864153317]","[[186047236.4537226], [8351015.864153317]]",194398252.3178759,1710259558,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0x05e8fa22813e74fd6e5f3360fda4bb6388d0f85d4e6aef834acbb48451307b01,ARDC Research Member Election,"The Research member should ideally possess a range of skills, including the ability to conduct objective analysis and contribute to the design of various mechanisms such as sequencers, fraud proofs, and data availability solutions, with a strong emphasis on objective data-driven research. They should also be proficient in creating processes that incentivize active delegate participation, such as developing delegate incentives frameworks and hosting regular collaborative calls. Additionally, they should be skilled in content creation to promote the Arbitrum ecosystem’s growth. Moreover, the candidate should have a knack for producing impartial, data-driven research to aid delegates in making informed decisions and improving proposal quality. Excellent communication skills and the ability to manage interactions with DAO stakeholders and service providers are essential, along with the capacity to document ARDC activities and recommend solutions for any issues that arise, maintaining a governance process for continuity. On the 22nd of January 2024, the ArbitrumDAO voted to establish & fund the Arbitrum Research & Development Collective; a collective of specialised individuals in Risk, Research & Security aimed at providing ongoing specialised assistance to the ArbitrumDAO: {https://www.tally.xyz/gov/arbitrum/proposal/56002054155248055908873103086558103132748843103210580613728556162036150296506?chart=bubble} Following a call for applications, review process and amendment period in line with the Election Process as ratified by the ArbitrumDAO, we are now posting the elections for the Arbitrum Research & Development Collective in line with the applications as finalised on the 3rd of March 2024 [https://forum.arbitrum.foundation/t/arbitrum-research-development-collective-elections-applications/20805] We encourage all Arbitrum Delegates to vote with responsibility and in the best interests of the ArbitrumDAO.","['Blockworks/Delphi Digital', 'The Block']",1709654733,1710259533,187149704,closed,"[160807559.98897567, 68900659.4173263]","[[160807559.98897567], [68900659.4173263]]",229708219.40630198,1710259536,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0x24344ab10eb905a4d7fa5885c6f681290e765a08a5f558ff6cfc5fedab42afb6,[Non-constitutional] Proposal to fund Plurality Labs Milestone 1B(ridge),"## Introduction Back in August, Arbitrum DAO passed our AIP-3 to build a pluralistic grants framework that decentralizes grants decision-making, avoids capture and scales valuable grants allocations, and grows the Arbitrum ecosystem overall. Our proposal [passed on Tally](https://forum.arbitrum.foundation/t/aip-3-non-constitutional-fund-the-arbitrum-grants-framework-proposal-milestone-1/14976) with ~99% of delegate votes. It had overwhelming support, we believe, because you a) trust our motives and capabilities, and b) understand how big and important the problem is: Nearly every DAO struggles to create sustainable value - largely because DAO decision-making is famously slow, and inefficient, which drives them to compromise their values and centralize. Arbitrum is committed to being better, and you believed in our ability to help. ## Background (Milestone 1a Retrospective) Across Milestones 1a, we pluralistically deployed funds via 12 different grants programs and different modalities for grants decision-making. Experimenting with multiple modalities allows us to allocate grants to support quick feedback about what works and can scale now. We can quickly evolve our grants decision making based the below success rubric, which determines where to allocate grants: ![](https://global.discourse-cdn.com/standard17/uploads/arbitrum1/optimized/2X/1/19f2561a1ec3653e1dbc41d5a646874c679c4d6a_2_621x415.jpeg) * Grow = double-down / start to scale * Coach = make changes / try again * Cut = discontinue / recommend to seed program In Milestone 1a, we seeded the initial 12 Grants Programs. In Milestone 1b, we will lean on our newly established Plurality Labs board (more later!) as well as community voices who can evaluate our grants via our Thrive Protocol to inform where to cut, coach, and grow. [Based on our pluralistic grants framework and success criteria, these are the current results of milestone 1 ([details here](https://forum.arbitrum.foundation/t/plurality-labs-milestone-1-review/20198/2?u=senad.eth))] ### Milestone 1a Wins include: * Firestarters: Four proposals passed Snapshot because of our Firestarters program - which funds unbiased research, cat herding, and crafting of proposals crucial to the DAO. These include STIP, ARDC, ARPC, and STEP. ([TNorm talking about our role with STIP](https://drive.google.com/file/d/1pAiy5IABZ48b0o-NqVIRcu4_NRuM9vzI/view?usp=sharing)) * Experimenting with Grants Decision-Making Modalities: We drove over 30 experiments in collective decision-making, including proactive and retroactive grant-making, and grant-making driven by experts, expert-counsels, permissionless counsels, random counsels, and direct input mechanisms. * Retroactive Grants: We drove the first retroactive grants program in Arbitrum, rewarding unpaid contributors, and setting the stage for follow-on experiments. Some of these people are creating obvious value in the ecosystem now, like Atom from castlecap who is now an LTIPP advisor. * Quadratic Funding: Via Gitcoin, we brought thousands of new users, and hundreds of builders and builder projects to the Arbitrum ecosystem. ### Milestone 1a Lessons: * Investing in documentation: We funded 250+ projects, and spurred movement all over the DAO. But we didn’t document our work and value well. More importantly, we didn’t deliver certain written deliverables that people in the DAO were expecting on time. It hurt us. We won’t make that mistake again. * Investing in communications: Our bias was for action. We cared about creating value and learning - and put blinders on for everything else. We should have hired a Marketing or Comms person. We didn’t. Going forward, we’ll button up. We have a good story to tell. We’re excited to tell it. * Leveraging internal team: Plurality Labs was acquired by ThriveCoin in August of 2023. We have a team of 26 people who support other big ecosystems. We could have leveraged Thrive best practices. But in an effort to stay “true” to the Milestone 1 proposal, we kept the teams separate - too separate. We’ll use all available resources this time. ### Vision We have a big vision. We’re seeking to build the most robust pluralistic grants ecosystem in DAO history. To do it, we took some big shots on goal in Milestone 1a - funding 12 grant programs using 30 decision making experiments to fund 250+ projects. Some shots scored and others missed. This is aligned with the expectations of the pluralistic grants approach. The only way to create and scale pluralistic grants is to decentralize bet taking… and to get as comfortable with the shots that embarrassingly fly into the stands as we are with the goals. We will use data to help us double-down on winners and cut others. With the data we’re collecting, we will create a robust, long-term pluralistic grants framework for Arbitrum DAO. This framework is emerging now, and it will continue to become clearer throughout Milestone 1b(ridge). ## Milestone 1(bridge): In our maiden proposal, the principal outcome we sought to achieve was to demonstrate that we could deliver and scale enormous value creation via a pluralistic grants framework. The general feedback from delegates has been: kind of… There seems to be wide agreement that we created value but need to scale, document, and showcase. Thus, after consultation with a number of the top delegates, we created this Milestone 1b(ridge) proposal that asks for the exact same amount of ARB and same timeframe as passed with 99% of delegate vote in August. In Milestone 1b, we will show: 1. We can build on winners and cut underperformers with our initial grants allocations. 2. We can continue to drive experimentation with new grants allocations. 3. We can deliver on all deliverables for Milestone 1 to the satisfaction of our top delegates. 4. We can leverage better tech and systems to support further scale in Milestone 2. To ensure we achieve these goals, we are implementing best-practices from the Thrive team that, also, are aligned with feedback we received from delegates: 1. Plurality Labs Board: We are welcoming a board of top voices in the Arbitrum community for oversight, and to ensure decentralized decision-making. 2. Human validations: Thrive Protocol allows us to validate when value is created, and pay out funds to projects upon value creation. This is critical for scale. We’ll use it. 3. Team upgrade: We are bringing in the big guns for this one, adding team members that know grants, know DAOs, and know scale. Here’s more information about our commitments in Milestone 1b(ridge): Plurality Labs Board: We brought together trusted and known voices in the Arbitrum community. Their role with us is to gather feedback and data from our Arbitrum community, and to make strategic decisions about grants allocators, specific grants / contributions, and validations. This board is part of this vote. We found people to represent the different stakeholder groups in Arbitrum. Now your votes will ratify this group - which includes two who voted ""No"" to our temp check for Milestone 2! ![](https://global.discourse-cdn.com/standard17/uploads/arbitrum1/optimized/2X/8/81db971f7a5e9910d522a44171d3f3625bffb3cb_2_936x702.jpeg) Human Validations: Going forward, we will fund our grants at specific milestones of value creation. White-listed Arbitrum community members will - in a pluralistic way - help clarify when value is created, and will also be rewarded for their services (more on this later). Team revamp: We are fully utilizing our 26-person ThriveCoin team), we have also added some key team members to our roster, including: Ben West (GitCoin grants lead), Kyler Wandler (DAO Research Collective), and Scott Mandel (Complex Labs, Flexa, 2Q Ventures). ## Cost As aligned with the feedback we’ve received from delegates and community members, we made this proposal easy: The total cost and timeframe are the same as the first proposal: 3.36M ARB and 6 months, with 336k ARB to Plurality Labs and 224k ARB to program management, as in the first proposal. 2.8M ARB will be funding ecosystem development, including demonstrating that we can create incrementally more value with our emerging pluralistic grants framework. We are also adding a layer of oversight to our work - welcoming an esteemed Plurality Labs board. They will, among other things, help ensure we deliver the value we promise. The 560k ARB services fee (same ARB and same buckets as first proposal) includes: As aligned with the feedback we’ve received from delegates and community members, we made this proposal easy: The total cost and timeframe are the same as the first proposal: 3.36M ARB and 6 months, with 336k ARB to Plurality Labs and 224k ARB to program management, as in the first proposal. 2.8M ARB will be funding ecosystem development, including demonstrating that we can create incrementally more value with our emerging pluralistic grants framework. We are also adding a layer of oversight to our work - welcoming an esteemed Plurality Labs board. They will, among other things, help ensure we deliver the value we promise. The 560k ARB services fee (same ARB and same buckets as first proposal) includes: ![](https://global.discourse-cdn.com/standard17/uploads/arbitrum1/optimized/2X/5/5324ee9d0aafec16ae1db2a122f798ffc9c0f5d7_2_1035x144.jpeg) ## Impact: Our intention is for this to be one of the most impactful AIPs in the history of Arbitrum. If we do our work right (and we believe we’re on the right track) we should be spurring thriving, net-positive ecosystem activity in Arbitrum for years to come. Additionally, we’ll be doing it via a pluralistic grants framework that has a consistent bias for value creation, further decentralization, and resistance to capture. We will be building the future of web3 together, and providing a path for all great people and teams to work with Arbitrum. When the value of Milestone 1b is obvious, we’ll present Milestone 2.","['For', 'Against', 'Abstain']",1709241846,1709846646,185801112,closed,"[154496957.6586444, 1798379.2217890471, 16961291.95345207]","[[154496957.6586444], [1798379.2217890471], [16961291.95345207]]",173256628.83388567,1709847030,0xAD16ebE6FfC7d96624A380F394cD64395B0C6144 0x07a26cd6b78a41745aab04190f22e97fdf9432f564651d0c4da0f8d0827888a6,Proposal: [Non-Constitutional] Funding for Into the Dungeons: Machinata - a PvP Digital Miniature Game V2,"# Abstract This is a revised version of the initial proposal put forth to the DAO that can be found [here.](https://forum.arbitrum.foundation/t/proposal-non-constitutional-funding-for-into-the-dungeons-machinata-a-pvp-digital-miniature-game/20806) ## Summary We have a lot to say about Into the Dungeons, a world we’ve been building for over 2 years, however, in the interest of preserving the DAO’s and delegates’ time this summary will aim to provide a concise overview of: 1. What is Machinata? 2. Our Ask 3. Why DAO Funding? 4. How does the DAO Benefit? Please ask questions. The goal of this post is to be direct and on point. Happy to share more details with whomever is curious, but wanted this post to be easy to follow. ## What is Machinata? Machinata is a 2 player turn based tactics digital miniature game where each player creates a 9 card deck consisting of units, buildings and spells. Each player then utilizes their deck to capture the opponent’s base. Machinata is designed to have short to medium session-based gameplay that lends itself to competitive gaming. This would be the first competitive e-sport like title in the Arbitrum ecosystem. We want to launch a playable version of Machinata during the 2nd half of 2024. ## Our Ask **We are asking the DAO for 60,000 $ARB up front as a first tranche, and 180,000 $ARB in total. The rest of the 120,000 $ARB would be paid out in two tranches, 60,000 $ARB each.** **1. First tranche of 60,000 $ARB to enable us to deliver the following:** |Deliverable| Description| |--- | ---| |Into the Dungeons Branding, Website, and Marketplace Pt.1 – BRANDING AND DESIGN | The ITD universe is expansive and will be much more than just one game. It will all live on Arbitrum. We are aiming for a site at the level of KPR and have already had calls with the design agency that made the site. The Marketplace is our first product – one where people will come to buy and sell their miniatures and so it needs to make an amazing impact. | |Progress on Base Miniature Deck Pt.1 – 7 ADDITIONAL CARDS | We currently have 5 cards completed and will be able to complete the rest of the cards with the funding. Each milestone will include delivery of 7 cards. | |UPDATED UNREAL ENGINE PROTOTYPE WITH 12 CARDS | The existing prototype has 4 cards integrated. We will integrate an additional 8 cards and release 2 small teaser scenarios for marketing purposes on our website that will be playable for free. The DAO is welcome to try the full build at the time. | **2. After the milestones above have been met and confirmed by the DAO, we would ask for the next tranche of 60,000 $ARB which will enable us to meet the following milestones:** |Deliverable | Description| |--- | ---| |Into the Dungeons Branding, Website, and Marketplace Pt.2 – RELEASE OF MARKETPLACE | This second tranche will enable us to work with the design agency and release the completed website that will not only serve as an entry point to the ITD universe but will also include our first completed product – the Marketplace. The Marketplace is where players will be able to purchase the Base Pack, Expansion, or Single Miniatures. The Marketplace is also a key part of the sustainability of the game. By allowing community members to submit their designs/variants of Miniatures or completely new units, we will be enabling a creator economy that will generate revenue for artists, creators, and Machinata. | |Progress on Base Miniature Deck Pt.2 – 7 additional cards completed | By the end of this milestone, we will have 19 cards completed. | |Smart Contracts | We will complete smart contracts for: 1. Minting miniatures (on behalf of the community creator, if a design is accepted) with their wallet receiving 70% of the proceeds and Machinata receiving 30% of the proceeds for each unit bought/sold. 2. Since miniatures are collectables, we want to enable collectors to trade them freely without paying us a percentage fee. However, if a miniature is traded to a player OTC, then to use it in the game, the player must register it with us by paying a small activation fee. 3. Match History to be written on chain. | **3. The final tranche of 60,000 $ARB will enable us to:** |Deliverable | Description| |--- | ---| |Begin Crowd sale of Base Game set (27 cards) + 1 PFP | With the previous two milestones completed, the last tranche will predominantly be used for launching our collection which will have an actual game tied to it! We are currently contemplating 7777 packs with a percentage reserved for the Arbitrum community – See next section | |Initial Marketing and Partnerships | A lot of marketing and partnership money will be coming from the actual crowd sale as that will be key to making an impact in the Web3 space and bringing more users into the Arbitrum community to play Machinata and all the other cool games the community has been and will continue to build!| This funding released over three tranches will allow us to speed up development and raise the rest of the capital required for longer term growth of the game that will include some features such as: 1. Streamed competitions (similar to what Parallel did with their invitational) 2. New miniature packs being released 3. New game modes 4. Further development of the ITD ecosystem ## Why Should the DAO Fund It? We know asking for 60,000 $ARB upfront is a risk for the DAO, but here is why we think it is worth it. 1. We have a playable prototype – footage from in-engine (Unreal Engine) gameplay can be seen in the forum post. 2. We are making a high-quality digital miniature game that has been self-funded so far. Each miniature has an illustration, which is turned into a card and 5 animated pixel art sprites – some of these sprites can be seen in the forum post. 3. We have been active participants of the ecosystem for the last several years. Our first project https://www.ruffionreborn.xyz was self-funded and is completely opensource with all client side (Godot), server side and assets (CC0) being freely available for the Arbitrum community to make their own games. We are currently working on adding smart contracts to Ruffion Reborn. 4. We are doxxed builders and Arbitrum is home! [Ali Husain | LinkedIn](https://www.linkedin.com/in/ali-husain1/) [Zehra Akbar | LinkedIn](https://www.linkedin.com/in/zehra-akbar/) ## How does the DAO Benefit? The digital miniature model is not something that has been done yet in Web3. Games Workshop, the company behind Warhammer40K is currently valued at 4.15B USD. The concept of collectable digital miniatures with different editions, enabling artists to create variants and create a community powered economy is something that fits in very with NFT technology. We are also creating some Arbitrum specific variants of miniatures. One example you can see in the forum post that the Soul Thief MUX variant placed alongside the Soul Thief Original Character. We recognize that Arbitrum has a large and thriving De-Fi community and we want to involve and reward (even if it is a subset of) them for being a part of the ecosystem. A portion of the total supply (total supply will be 7777 1st edition packs, but the portion is TBD, likely 777 packs for the community) will be distributed to the Arbitrum community for free as a thank you for helping us build the game. We would like to work with the Arbitrum community via the DAO to figure out a fair distribution mechanism when we reach that point. Machinata’s success is Arbitrum’s success as the network will see more users come onboard and more transactions. Most importantly, a very high quality IP, native to Web3, native to Arbitrum. Thank you, Zehra & Ali Forgotten Machine","['For', 'Against', 'Abstain']",1707436386,1708041186,178828937,closed,"[32725534.89057588, 112352169.1097861, 4505575.437721903]","[[32725534.89057588], [112352169.1097861], [4505575.437721903]]",149583279.43808368,1708041200,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0xf949b8c0629644390752cc09ba1ae641116fdf10733d32c35f8968e3ce79a399, Empowering Early Contributors: The community Arbiter Proposal 2.0,"**Summary:** This proposal proposes to allocate 125,000 $ARB tokens, equal to 0.00125% of the total supply, to recognize and reward the outstanding contributions of the Arbitrum community member known as ""Arbiter"". Arbiter receives the arbiter community role in the arbitrum discord after having made significant contributions to Arbitrum, as recognized by members of the Arbitrum team. Over the three-year period 2021-2023, these contributors played a key role in the development of Arbitrum, from translating, advising, publicizing, and docking projects to community support, fraud prevention, and docking activities etc. At the time of the Arbitrum DAO's inception, Arbiters did not receive any airdrops or rewards. By establishing a transparent and fair reward system through the Arbitrum DAO, our goal is to recognize past contributions and inspire continued dedication to the development of the Arbitrum ecosystem. Considering that arbiters did not keep proof of their contributions before and after the establishment of the Arbitrum DAO, and that a great deal of their work could not be counted or quantified, the dedication of each arbiter is also exceptionally valuable. All members of arbiters unanimously agreed to initiate the proposal as a whole and agreed on an equal share of the reward amount. **Foreword:** 25 Arbiters come from different countries with different time zones, speak different languages. Arbiters have been deprecated by the Arbitrum team, and it has become extremely difficult to bring arbiters together. Arbiters who have made outstanding contributions to the Arbitrum community from 2021 to 2023. Compared to on-chain activists and ecosystem projects which have conducted a large number of airdrops, arbiters haven’t received any airdrop retroactive rewards Considering the large number of contributions made by arbiters prior to the establishment of the Arbitrum DAO that have not been effectively preserved, and the fact that there are many members whose work cannot be counted and quantified, and that the dedication of each arbiter has been exceptionally valuable, all members of the arbiters have agreed that arbiters as a whole should initiate the proposal. All members of Arbiters unanimously agreed to initiate the proposal and apply for retroactive awards for Arbiters as a whole. Arbiter as a whole (or project) is asking for retroactive rewards. If each member's contribution is listed one by one to make a forced comparison, this will bring arbiter infinite tug-of-war, mutual disputes, suspicion etc.. At the same time, Arbiter is not professional to establish a very systematic and perfect evaluation system. Special statement: As the earliest arbitrum contributor, arbiter is retroactively obtaining voting rights and voice in the governance of Arbitrum DAO. The Arbitrum DAO airdrop to early adopters and ecosystem projects also does not take price into account, but rather the weight of governance. The choice of 125,000 $ARB is fully considered (explained in detail below). If the current arb price is $0.1, the arbiter also only apply for 125,000 $ARB, which has little to do with price. **Motivation:** The Arbitrum community thrives on collaboration, decentralization, and the Ethereum community spirit. This proposal aligns with these principles and strives to: 1.Recognize the exceptional contributions made by Arbiters to Arbitrum’s development. 2.Demonstrate the spirit of collaboration and decentralization within the Arbitrum ecosystem, ensuring its long-term sustainability. 3.Establish a clear and equitable reward mechanism through the Arbitrum DAO, ensuring that Arbiters are treated fairly. 4.Inspire more individuals to actively participate in the advancement of the Arbitrum ecosystem by retroactively rewarding Arbiters. **Rationale:** The Arbitrum community, driven by its contributors, has been instrumental in shaping Arbitrum over the past two years. These dedicated individuals have contributed significantly through a wide range of activities, including translation, promotion, event organization, community guidance, safety assurance, and collaboration with other communities. These efforts have been essential to the success and vibrancy of the Arbitrum community. Please review the forum post for full proposal details: https://forum.arbitrum.foundation/t/non-constitutional-empowering-early-contributors-the-community-arbiter-proposal-2-0/20404","['For', 'Against', 'Abstain']",1707264052,1707868852,178166641,closed,"[83096263.09127909, 1827461.8033859895, 37829219.06590167]","[[83096263.09127909], [1827461.8033859895], [37829219.06590167]]",122752943.96056712,1707868867,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0xbecc45a6beb55a708e25195f34db2f5ff757e0da5ff55171ca731b39428e27c3,AIP: Batch Poster Manager and Sequencer Inbox Finality Fix,"# Constitutional # Abstract This Constitutional AIP proposes two improvements to batch posting for Arbitrum One and Arbitrum Nova: * **Batch Poster Manager:** Introduce a “batch poster manager” role with the ability to grant/revoke batch-posting affordances. * **Increase MaxTimeVariation**: Change the max-time-variation “future blocks” and “future seconds” values to 64 and 768, respectively, in line with Ethereum’s proof of stake finality guarantees. These changes will allow the system to be more resilient, and don’t represent a change to the system’s current trust model. # Motivation **Batch Poster Manager:** Currently, both Arbitrum One and Arbitrum Nova, each have a single address that is granted the batch-poster role (this is currently the same as the Sequencer). The Sequencer posts batches frequently, and thus the batch-poster address must be controlled by a hot wallet. This means that if the batch poster’s keys were compromised, Sequencing could be unstable until the DAO took action. This AIP proposes a system in which a “batch poster manager” role is granted to the operator of the Sequencer which has the ability to grant and revoke batch-posting affordances. This way, the batch poster manager could perform key rotations for the batch posters— routinely, and/or if a batch poster address is ever compromised — quickly and without the DAO needing to take coordinated action. Note that this proposal does not change the sequencer, but more so allow for easier key rotations on the batch poster. Crucially, this would not represent a change on the current system’s trust model: * In both the current and the new proposed system, the Sequencer is entrusted with managing the batch posting affordance; in the current system, for example, the entity behind Sequencer could technically grant batch posting to an additional entity by simply sharing it’s keys. * In the new system, the DAO would *still* have the same ability to revoke the Sequencer role; i.e., the DAO could update the batch poster manager (along with any batch posters). **MaxTimeVariation:** The futureBlocks value in the the SequencerInbox enforces a max block height that a batch can be posted relative to the current block (likewise with futureSeconds). The current value for futureBlocks is 12, which was set prior to the Ethereum merge. A small value for future blocks means that a relatively small L1 reorg can cause an otherwise valid batch to revert. This proposal increases the value to 64, two epochs, in line with Ethereum’s finality guarantees. # Implementation **Batch Poster Manager:** https://github.com/OffchainLabs/nitro-contracts/commit/c7554852a7c41ca5eaef298dab10472a7f550df7 Note that this implementation is currently under audit and is dependent on the ArbOS 20 AIP changes ([AIP: ArbOS Version 20](https://forum.arbitrum.foundation/t/aip-arbos-version-20/20957)). Depending on the timeline of the audits, the result the ArbOS20 AIP acceptance, and the feedback on this proposal, these changes can be bundled into the same proposal as the ArbOS 20 changes or proposed separately. **MaxTimeVariation**: https://github.com/ArbitrumFoundation/governance/pull/233 Audit: [publications/reviews/2024-01-offchainarbitrum-securityreview.pdf at master · trailofbits/publications · GitHub](https://github.com/trailofbits/publications/blob/master/reviews/2024-01-offchainarbitrum-securityreview.pdf)","['For', 'Against', 'Abstain']",1707154003,1707758803,177750435,closed,"[149376690.18429863, 260376.72931183229, 1319572.6790116746]","[[149376690.18429863], [260376.72931183229], [1319572.6790116746]]",150956639.59262204,1707758809,0xAbAbE91A907fAdff921720C43ABe4098e7245E99 0x813a366e287a872ada13d4f8348e771c7aa2d8c3cb00b2be31539ceab5627513,AIP: ArbOS Version 20 “Atlas”,"# Constitutional # Abstract This AIP proposes a number of improvements to Arbitrum chains, including the capability to leverage EIP 4844 to post batches of L2 transactions as Blobs on L1 Ethereum at a cheaper price. The proposal also includes support for most of the changes included in [Ethereum’s Dencun upgrade](https://eips.ethereum.org/EIPS/eip-7569). The proposed ArbOS 20 “Atlas” upgrade will be ready for adoption by any Arbitrum Chain; this proposal concerns the Arbitrum One and Nova chains, as they are governed by the Arbitrum DAO. On a high level, an ArbOS upgrade can be seen as Arbitrum’s equivalent of a hard fork - more can be read about the subject over in [Arbitrum ArbOs upgrades ](https://forum.arbitrum.foundation/t/arbitrum-arbos-upgrades/19695). Please note that ArbOS Version 20 “Atlas” is an upgrade that builds upon [ArbOS version 11](https://forum.arbitrum.foundation/t/aip-arbos-version-11/19696/) which has been adopted by the ArbitrumDAO - this proposal increments the version number to 20 instead of 12 due to technical details that allow for better Orbit chain customizability. Please review the forum post for a full description of changes included","['For', 'Against', 'Abstain']",1706905859,1707510659,176821714,closed,"[162448004.12334257, 74724.04844929496, 323440.1982201616]","[[162448004.12334257], [74724.04844929496], [323440.1982201616]]",162846168.37001216,1707510675,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0x5050ef61a4cbff56344ad558c2c880b547fef3b81df607818238ed3031f840b3,[Non-Constitutional]: Arbitrum Stable Treasury Endowment Program,"TL;DR : This framework supports the budding RWA ecosystem on Arbitrum by diversifying 35 million ARB from our treasury (~1%) into stable & liquid bills or money market instruments earning a rate of return roughly equivalent to US Treasuries (hereby called ‘stable RWAs’) This proposal is a trial run for a larger investment policy of the ArbitrumDAO treasury, both in: 1. Creating a legal and infrastructural pipeline that future diversification proposals can take guidance from and 2. Proof of concept that we can diversify our treasury in a way that supports ecosystem growth This is NOT a grant; it is an investment that Arbitrum governance can exercise control over and recall, subject to agreed-upon conditions with a successful applicant. ### Overview The Stable Treasury Endowment Program (STEP) is the first proposal floated by the Treasury WG before the DAO. We are targeting stable RWAs backed by t-bills or money market instruments as the 1st step towards larger treasury diversification for several reasons; 1. Once we figure out how to hold stable RWAs on our books, we can easily diversify based on best practices rather than procedural considerations. The stable coins we use today in De-Fi are mostly backed by t-bill RWAs; creating our own exposure can increase capital efficiency and mitigate risk. 2. An insight from the Arbitrum Days workshop at Istanbul was the DAO needs a strategy/program for different verticals - RWAs, gaming, NFTs, De-Fi, DeSo, DeSci, etc. Another way of looking at STEP 1 is that it’s a proposal boosting the stable RWA vertical on Arbitrum, with the added advantage that it’s in the form of an investment rather than a grant. More generally, stable RWAs have an attractive risk-reward ratio for Arbitrum in terms of sectors we should be nurturing. The total US treasury market is over $20 trillion, some of which is expected to come onchain to satisfy demand from wealthy investors. As the home of De-Fi, we should not cede space to [Base](https://www.coindesk.com/business/2023/12/12/coinbase-debuts-rwa-platform-built-on-base-under-abu-dhabi-regulators-oversight/) or [Mantle](https://snapshot.org/#/bitdao.eth/proposal/0x26884fce58b66e82fa74735a2e255f76654618278432897f4ca2430702e95dcd) that have their own RWA support program. 3. Although protocols on Arbitrum and governance might wish to hold stable RWAs, they are limited by having to conduct due diligence on providers they can trust. This proposal creates a qualified screening committee that evaluates applicants and prepares a Assessment Report on them, providing a roster of vetted service providers that anyone can use for investing assets into RWAs In conclusion, we expect that lessons learned from implementation of this proposal can pave the way for a new form of an ecosystem support program, where the ArbitrumDAO supports projects not with grants but purchases of financial products built on our chain that also diversify our treasury holdings. ### Timeline and Procedure 1. Snapshot temperature check and [if successful] an on-chain vote via Tally to fully implement this framework in February 2024; 2. Screening committee publishes RFP with specific information requested from applicants and minimum criteria they must satisfy to be considered; 3. Receive applications from service providers (30-day submission window); 4. Screening committee reviews each application, and where needed, conduct additional due diligence and research; 5. Assessment report on eligible service providers released by screening committee (April); 6. ARB token holders divide their voting power among approved service providers to allocate sanctioned amount using the [Snapshot Weighted Voting](https://docs.snapshot.org/user-guides/proposals/voting-types) strategy. Providers receive an allocation proportionate to their support from ARB holders, provided they clear a threshold of 10% of all eligible votes. ### Additional Considerations 1. The Arbitrum foundation will act as the legal entity and face the service provider during the KYC process. They shall also hold any tokens/NFTs received in exchange of investments and have authority to withdraw assets from the service provider should any risks be discovered; however an explanation for the same shall be posted on the forum within 3 days of taking such an action. They will also periodically sweep interest earned from these assets to our treasury. Fire Drills will be periodically conducted to test solvency and clear out any AML delays in returning investments 2. Interest earned from RWAs will be swept to our treasury for increasing our bridged USDC holdings (currently at 10 cents). For reference, $20 million in t-bills currently returns roughly $1 million in annual interest. Delay of more than 60 days in returning interest earned will result in liquidation of an investment from a service provider. 3. Proposals to utilize interest earned will follow the same process as requesting funds from the treasury 4. The screening committee will comprise of 6 members: Karpatkey, GFX Labs Steakhouse Financial, Nethermind and North Lake Legal, & the Treasury WG acting as facilitator and tie-breaking vote * Karpatkey is a DeFi-native organisation specialising in professional DAO finance through industry-leading research and tooling since 2020. We’ve been working with GnosisDAO, Balancer, ENS, CoW Protocol, and Lido on financial planning, operations, and strategy, diversifying their treasuries into sustainable portfolios of DeFi investments designed to support DAOs in executing their missions. * GFX Labs is the leading provider of professional governance services in DeFi. We are most known for our extensive past and present contributions at Uniswap, MakerDAO, Compound, and Optimism. GFX focuses on operational improvements and improving organizational quality and structure, with strong relevant experience in real-world asset onboarding and stablecoins. * Steakhouse Financial is the leading CFO-as-a-service consulting company for DAOs. We specialize in stablecoins and RWAs. Our team has been merging TradFi and DeFi for years – our team met as contributors to the Strategic Finance Core Unit at MakerDAO. We’ve contributed extensively to asset-liability management research and structuring MakerDAOs RWA portfolio, including its exposure to treasuries. We specialize in deep due-diligence reports of tokenized issuers and publish the leading research report and Dune dashboards covering the space https://dune.com/steakhouse/tokenized-securities * *Nethermind* is a blockchain research and software engineering company empowering enterprises and developers worldwide to work with and build upon decentralized systems. Our work touches every part of the Web3 ecosystem, from fundamental cryptography research to security, node infrastructure, DeFi, and application-layer protocol development. We have a team of over 220, with more than 180 engineers on board. Nethermind is a key contributor to the development of Ethereum, with our execution client representing over a quarter of all synced nodes. Additionally, we actively build the Starknet ecosystem and support our institutional and enterprise partners in advanced blockchain, digital assets, and decentralized finance (DeFi) fields. * North Lakes Legal is a law firm at the leading edge of bridging decentralized finance, DAOs and Real World Assets. North Lakes Legal implemented the standards for the initial high-profile real- world asset (“RWA”) financings in the DeFi space. Christian Petersen is the principal of North Lakes Legal and has 26 years of cross border project and structured finance experience. In support of Maker DAO, North Lakes Legal has structured, negotiated, and implemented the following: - Société Generale – DAI 40 million, tokenized French covered bonds - Huntingdon Valley Bank – DAI 100 million vault to acquire RWA loan participations - BlockTower Credit – DAI 150 million vault utilizing Tinlake for various RWAs - Monetalis Clydesdale – DAI 500 million to acquire U.S. treasury ETF - Most recently, North Lakes Legal advised Ondo Finance in the development, structuring and launch of Ondo USDY. 5. The Assessment Report prepared by the screening committee on eligible service providers will be used to inform delegates and ARB holders in casting their weighted snapshot vote dividing sanctioned ARB among providers. Details in the Assessment Report include schedule for returning interest, relationship with Arbitrum (debtor or custodian), maturation period of asset, legal structure (bankruptcy remote assessment), solvency, Arbitrum alignment, turnaround time for returning investment, transparency level (proof of reserves/read only access to accounts), and fees charged. 6. 200,000 ARB for implementation of this proposal; unused funds returned to treasury Anticipated expenditures include * 6 month third party audit on selected providers * Honorarium of 500 ARB per application for each of the 6 screening committee members (NB: this * may * be supplemented with a small application fee not exceeding $1000 to prevent spam proposals; * Engaging external experts and due diligence specialists where relevant. * Full account of fund utilization will be posted on the forum. 7. Eligibility: Full RFP will be created by screening committee post Snapshot approval. Some preliminary considerations; * Tokenized tbills launched or bridged to Arbitrum are NOT a hard requirement to apply. * Attested for verifiability of assets by a 3rd party * Strong reputation with relevant team experience, evidence of managing assets, and regulatory compliance * Fully liquid, secured, and safe investments that can be called back by the DAO with 3 working days notice * Between 0.15-0.4% (15-40 bps) of total amount in fees with no bonuses, * Liquid t-bills or money market instruments approximating the so called “risk-free rate of return”","['For', 'Against', 'Abstain']",1706734800,1707339600,176098838,closed,"[132253619.10767262, 117879.53247205478, 360651.3777244666]","[[132253619.10767262], [117879.53247205478], [360651.3777244666]]",132732150.01786906,1707339620,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x4e064bc3f7335eb5b3b998c3b21921995d43b5c3d225da53897acaf57b51e826,[Constitutional] Changes to the Constitution and the Security Council Election Process,"Abstract This Constitutional AIP proposes improvements to the ArbitrumDAO Constitution and the Security Council election process, which include: - Candidates are given a week to apply for a Security Council position before the nominee selection stage takes place. - Candidates need to sign a transaction from their EOA (Externally Owned Account) to apply for a Security Council position. - The ArbitrumDAO Constitution is updated to reflect these changes as well as correct previous mistakes in wording with regard to timing and quorum. Motivation This AIP aims to improve the election process ensuring that candidates are not overlooked during the nominee selection stage and that candidates stand an equal chance of being nominated to the following stage of the election process, irrespective of when in the registration period they express their interest. It also updates the system so contenders must provide a signed message before running in the elections - this ensures they are able to produce signed messages for the different chains that the Security Council needs the ability to act on. Issues with the current Security Council election process: - In the nominee Selection stage, because contender registration and endorsement occur in the same 7-day period, delegates are likely to overlook applications that are submitted at the end of the period. This results in candidates who submit their applications at the start of the period having an unfair advantage, as they are more likely to be endorsed and therefore progress to the next stage. - Candidates might sign up to the elections using an on-chain smart contract wallet which is not able to produce signatures valid for other ArbitrumDAO-governed chains. - The constitution does not clearly express the election procedure. Specifications Accordingly, this AIP aims to implement the following changes: 1. A 7-day ‘Contender Submission’ stage before the ‘Nominee Selection’ stage. Accordingly, the duration of the entire election process will increase from 42 days to 49 days. 2. For candidates to apply for a Security Council position, they are required to provide a signed message from their wallet. 3. The wording on the ArbitrumDAO Constitution is updated to correctly reflect how quorum for proposals (as well as the election process) is handled, which should also take into account ‘abstain’ votes. 4. The wording on the ArbitrumDAO Constitution is updated to reflect the new format of the Security Council elections.","['For', 'Against', 'Abstain']",1706548670,1707153470,175449669,closed,"[155276468.9459444, 182357.69185891916, 393557.77707459626]","[[155276468.9459444], [182357.69185891916], [393557.77707459626]]",155852384.41487733,1707153473,0xA7860E99e3ce0752D1ac53b974E309fFf80277C6 0xbc8a34dea05bdcc295b390228874d7ccd76c204d43dc745555cc84d7d5d06f8d,Election of Procurement Committee Members (ADPC),"This snapshot accompanies the ongoing vote to establish the [Procurement Committee](https://www.tally.xyz/gov/arbitrum/proposal/43616303506326656287362617487331059827021737444126158637397168372555259240241) - Go Vote if you haven't already! ### Proposal Overview: If passed, this proposal seeks to elect three members to the newly formed ArbitrumDAO Procurement Committee (ADPC). ### Background: The ADPC is crucial for managing and overseeing procurement activities within the ArbitrumDAO. The committee will consist of three members elected through this Snapshot voting process. Their role will include administering procurement frameworks as ratified by the ArbitrumDAO. ### Election Process: Open Election via Snapshot: The election will be conducted using Snapshot's weighted voting system. The top three candidates in terms of votes will be appointed to the ADPC. To learn more about this voting mechanism, please see the [Snapshot User Guide](https://docs.snapshot.org/user-guides/proposals/voting-types) Eligibility Criteria: Candidates and voters should adhere to the detailed eligibility criteria focusing on experience, integrity, and skills essential for the ADPC's effective functioning. The three highest ranked applicants at the end of the voting period will be elected to the ArbitrumDAO Procurement Committee. ### Key Aspects of the Proposal: - **Implementation:** The elected members' roles will become effective upon passing the [on-chain proposal for establishing the ADPC.](https://www.tally.xyz/gov/arbitrum/proposal/43616303506326656287362617487331059827021737444126158637397168372555259240241) - **Member Composition:** The ADPC will consist of three members. - **Voting System:** The election will use Snapshot's weighted voting system. - **Eligibility and Criteria:** Detailed eligibility criteria have been outlined to ensure competent and ethical committee members. - **Election Timeline:** The process includes an application submission period, KYB/KYC compliance, and the final member election phase. - **Future Amendments:** Non-Constitutional AIPs may alter election rules in the future, but not during an ongoing election. ### Applicants and Applications - [**Pavel Fedotov**](https://forum.arbitrum.foundation/t/procurement-committee-application-elections-due-22-jan-extended-from-19th/20536/3?u=dk3) - [**Joseph [Immutablelawyer]**](https://forum.arbitrum.foundation/t/procurement-committee-application-elections-due-22-jan-extended-from-19th/20536/4?u=dk3) - [**Paul Imseih**](https://forum.arbitrum.foundation/t/procurement-committee-application-elections-due-22-jan-extended-from-19th/20536/5?u=dk3) - [**Jeff G**](https://forum.arbitrum.foundation/t/procurement-committee-application-elections-due-22-jan-extended-from-19th/20536/6?u=dk3) - [**Bernard Schmid [Areta]**](https://forum.arbitrum.foundation/t/procurement-committee-application-elections-due-22-jan-extended-from-19th/20536/7?u=dk3) ## Call to Action: Review the detailed proposal and eligibility criteria on the ArbitrumDAO forum, and cast your vote for the candidates who best align with the ADPC's objectives and values. Let's work together to elect a capable and dedicated Procurement Committee! [-->To learn more about the initial proposal<--](https://forum.arbitrum.foundation/t/proposal-non-constitutional-establish-the-arbitrumdao-procurement-committee/20064) Note: If any candidate fails to pass KYC/KYB via the foundation's preferred vendor, they will be deemed disqualified, and the next candidate in terms of accrued votes will become eligible unless challenged via forum post and the Arbitrum DAO community deems it necessary to hold an additional election snapshot.","['Pavel Fedotov [pfedprog]', 'Joseph [immutablelawyer]', 'Paul Imseih [pablo]', 'Jeff G [jeff_g]', 'Bernard Schmid [bernard]']",1706027560,1706632360,173412660,closed,"[12674010.119706346, 55570612.98122398, 38161537.26782229, 7187541.026251411, 42087410.059293605]","[[12674010.11970634], [55570612.98122398], [38161537.26782229], [7187541.026251411], [42087410.059293605]]",155681111.45429763,1706632369,0xAD16ebE6FfC7d96624A380F394cD64395B0C6144 0xc591f79422bf26faf13055df098142569785c04316fdae5be993e282721eb717,Constitutional AIP - Security Council Improvement Proposal,"### **Abstract** This AIP seeks to propose changes to the structure of the security council so Arbitrum can maintain the “Stage 1” designation as per L2BEAT and not fall back to “Stage 0” designation. ### **Motivation** On December 7, [L2BEAT published an update](https://medium.com/l2beat/stages-update-security-council-requirements-4c79cea8ef52) to the security council requirements for the [Stages Framework](https://medium.com/l2beat/introducing-stages-a-framework-to-evaluate-rollups-maturity-d290bb22befe). The requirements were updated after a lot of research and feedback to make Stages more formal and precise. ### **Rationale** Upgrading the security council as per the Stage 1 requirements set by L2BEAT, will help ensure Arbitrum remains decentralized, but properly secured. See ‘Specifications’ for more details. ### **Key Terms** **Stages:** A framework, inspired by [Vitalik’s proposed milestones](https://ethereum-magicians.org/t/proposed-milestones-for-rollups-taking-off-training-wheels/11571), that categorises rollups into three distinct stages based on their reliance on these training wheels. You can learn [more about the Stages framework here](https://medium.com/l2beat/introducing-stages-a-framework-to-evaluate-rollups-maturity-d290bb22befe). **Security Council:** A group of 12 individuals who are responsible for addressing risks to the Arbitrum ecosystem through the selective application of **e**mergency actions and non-emergency actions. Learn more in [the ArbitrumDAO Docs](https://docs.arbitrum.foundation/concepts/security-council). **Timelock:** Smart contracts which implement a delay between an upgrade confirmation and execution. **Exit Window:** The actual time users have to exit the system in case of an unwanted upgrade. ### **Specifications** Arbitrum currently has two multisigs and they both contain the same set of members: a) A 9/12 multisig with instant upgrade power b) A 7/12 multisig that can upgrade with a 3+7+3 days delay While the higher threshold multisig can be classified as a Security Council, the lower one is below the minimum threshold and it’s considered a simple multisig according to the Stages framework introduced above. For normal multisigs, L2BEAT requires at least a 7 days exit window for users. The current exit window for Arbitrum is 2 days (see [this thread](https://x.com/stonecoldpat0/status/1737840485967032739?s=20) for a quick explanation). Moreover, the higher threshold multisig is supposed to stop malicious upgrades attempted by the lower threshold multisig. However, since the member set is the same, if the lower threshold agrees on something there are not enough members in the higher threshold to stop them, which means that the actual security of the upgradeability mechanism boils down to the 7/12 threshold. For the above reason, technically, with the updated requirements for Stages, Arbitrum falls back to the Stage 0 designation. Since we know that it takes time to upgrade Arbitrum, we decided to leave the Stage 1 designation with the promise of addressing the above issues in a timely manner. This proposal is about addressing the issues and moving them to be voted on by the DAO. **Proposed Solutions** 1) The **first solution** would be to remove the lower threshold (7/12) multisig entirely. This can be done in two ways: 1. The contract is removed which requires an on-chain upgrade, or, 2. The lower threshold multisig increases its threshold from 7/12 to 9/12 which requires no upgrade. Increasing the threshold gives us the flexibility to restore a lower threshold in the future should the need arise, and it’s also a very quick and easy fix since it doesn’t require an on-chain upgrade. On the other hand, removing the dependency on the lower threshold mutlisig for all the contracts in Arbitrum is a broad and potentially risky change. Therefore we suggest raising the threshold for the time being and revisiting the removal of all the dependencies at a later date if needed. 2) The **second solution** would be to leave the lower threshold multisig as it is, but to increase the exit window to 7 days. In practice, this involves increasing the L2 timelock delay from 3 days to 8 days, since there is a 1 day max delay to force transactions on Arbitrum via L1 using the ‘DelayedInbox’. Increasing the L1 Timelock would not be very beneficial due to delay attacks on the fraud proof systems, since, even with BoLD, the challenge period would end up being up to [16 days](https://x.com/DZack23/status/1737864854059335905?s=20). 3) The **third solution**, which is not strictly required by the Stages Framework for the Stage 1 designation, is to both remove the lower threshold multisig entirely and increase the L2 Timelock delay so users have more time to exit in case of unwanted upgrades, increasing the security of the system even more. ### Steps to Implement Following a week of discussion of this RFC, the proposal will go for a vote on Snapshot with the following 6 options (as they are or slightly adjusted), and/or any additional ones, should they arise from the discussion during the RFC phase: 1. Increase the threshold from 7/12 to 9/12. 2. Increase the L2 timelock delay from 3 days to 8 days. 3. Increase the threshold and the L2 timelock delay. 4. Make no changes. Following the temp-check, if any of the aforementioned options apart from No.4 is the most popular, the proposal will move to on-chain vote to execute the proposal. ### **Overall Cost** There’s no overhead to the DAO for the implementation of this proposal. ### **Timeline** **RFC -** January 11th to January 18th **Snapshot -** January 18th to January 25th **On-Chain Vote:** January 30th to February 13th **Execution Delay:** - February 13th to February 16th - L2 Waiting Period - February 16th to February 23rd - L2-to-L1 Message - February 23rd to February 27th - L1 Waiting Period **Please note the aforementioned timeline is tentative and the actual timeline might be slightly different.**","['Increase the threshold to 9/12', 'Increase the L2 timelock delay', 'Increase the threshold and delay', 'Make no changes.', 'Abstain']",1705613626,1706218426,171801739,closed,"[111076415.5097518, 561076.31516187, 19799763.673925266, 168853.48141676493, 972395.061326395]","[[111076415.5097518], [561076.31516187], [19799763.673925266], [168853.4814167649], [972395.061326395]]",132578504.04158193,1706218429,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x1e5052579c5ed931f90e03e59f34274ba0a006093a6eeeab65e5e4df552668cc,Pilot Program Advisor Elections,"## Intro This Snapshot serves to elect 3 Application Advisors for the Arbitrum Long-Term Incentive Pilot Program. More details can be found in the full proposal [here](https://forum.arbitrum.foundation/t/long-term-incentives-pilot-program/20223/19?u=matt_stablelab) ## Rules Voters can vote for up to 3 applicants. Applicants may not vote for themselves. Any group elected will be required to nominate a representative. The 3 applicants with the most votes will be elected as Application Advisors. ## Applicants and Applications * [Boardroom](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/16?u=boardroom) * [Castle Capital](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/10?u=matt_stablelab) * [Gabriele](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/31?u=matt_stablelab) * [JoJo](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/3?u=jojo) * [Milan Jonas](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/29) * [padzank](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/12) * [SEEDLatam Gov](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/19?u=pedrob) * [Serious People](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/9?u=serioustaylor) * [Travis Skweres](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/35)","['Boardroom', 'Castle Capital', 'Gabriele', 'JoJo', 'Milan | Jonas', 'padzank', 'SEEDLatam Gov', 'Serious People', 'Travis Skweres', 'Abstain']",1705448745,1706053545,171174722,closed,"[37038414.93223259, 114111558.46533538, 6416482.52519249, 154756635.27476037, 8979790.893211663, 1261656.3580975998, 139631038.06483942, 110002933.90907703, 24422798.217448466, 23917060.004006505]","[[37038414.93223259], [114111558.46533538], [6416482.52519249], [154756635.27476037], [8979790.893211663], [1261656.3580975998], [139631038.06483942], [110002933.90907703], [24422798.217448466], [23917060.004006505]]",212523062.34948748,1706053595,0x33DB27C21E0f7a2f3351A4C6DDceDFB9F713410b 0xc2d7ebf5ef78084b26544905fd6febf0b8256293ce7f67a71fdcdefc5e6284a4,Pilot program Council Elections,"## Intro This Snapshot serves to elect 5 council Members for the Arbitrum Long-Term Incentive Pilot Program. More details can be found in the full proposal [here](https://forum.arbitrum.foundation/t/long-term-incentives-pilot-program/20223/19?u=matt_stablelab) ## Rules Voters can vote for up to 5 applicants. Applicants may not vote for themselves. Any group elected will be required to nominate a representative. The 5 applicants with the most votes will be elected to the council. ## Applicants and Applications * [1sla.eth](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/30?u=1sla.eth) * [404 DAO](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/17?u=404dao) * [Ali Husain (thechaingamer)](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/18) * [Bob-Rossi](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/5?u=bob-rossi) * [Curia](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/6?u=englandzz) * [Daniel Ospina](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/24) * [dumbird](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/38?u=realdumbird) * [Ferengi](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/34) * [GFX Labs](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/2?u=gfxlabs) * [GMX](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/32?u=saurabh) * [Ian Campbell](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/15?u=serioustaylor) * [Joseph [ImmutableLawyer]](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/4?u=immutablelawyer) * [Joshua Scigala](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/20?u=matt_stablelab) * [Karel Vuong](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/28?u=karelvuong) * [karpatkey](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/39?u=karpatkey) * [Keith Chen](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/33?u=matt_stablelab) * [Max Wavé](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/8?u=maxwave) * [Metagov](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/22) * [Pingus](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/11?u=matt_stablelab) * [Puncar](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/21?u=puncar) * [Smol Phil (Philip)](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/37?u=matt_stablelab) * [Tané](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/13?u=tane) * [The Rollup](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/7?u=therollupco) * [Wintermute](https://forum.arbitrum.foundation/t/lti-pilot-program-position-application-thread/20329/23)","['1sla.eth', '404 DAO', 'Ali Husain (thechaingamer)', 'Bob-Rossi', 'Curia', 'Daniel Ospina', 'dumbird', 'Ferengi', 'GFX Labs', 'GMX', 'Ian Campbell', 'Joseph [ImmutableLawyer]', 'Joshua Scigala', 'Karel Vuong', 'karpatkey', 'Keith Chen', 'Max Wavé', 'Metagov', 'Pingus', 'Puncar', 'Smol Phil (Philip)', 'Tané', 'The Rollup', 'Wintermute', 'Abstain']",1705448711,1706053511,171174525,closed,"[1666997.106274204, 83211534.98454396, 14155774.633699514, 6641749.559647379, 1461546.5280856842, 1363945.129098002, 56957335.72741239, 1202704.5443586782, 115698777.7501134, 76382354.95475484, 48791396.53036867, 73791789.46335839, 1107683.540947265, 75672088.02352086, 57166437.99638381, 24957573.832558163, 1061483.8442610228, 16940313.61128339, 1049869.509761249, 1042127.9447301752, 1061942.4747854494, 15771445.66383075, 28683533.977390263, 82453507.04343382, 49959029.179662414]","[[1666997.106274204], [83211534.98454396], [14155774.633699514], [6641749.559647379], [1461546.5280856842], [1363945.129098002], [56957335.72741239], [1202704.5443586782], [115698777.7501134], [76382354.95475486], [48791396.53036867], [73791789.46335839], [1107683.540947265], [75672088.02352086], [57166437.99638381], [24957573.832558163], [1061483.8442610228], [16940313.61128339], [1049869.509761249], [1042127.9447301752], [1061942.4747854494], [15771445.66383075], [28683533.977390263], [82453507.04343382], [49959029.179662414]]",230766182.82513037,1706053585,0x33DB27C21E0f7a2f3351A4C6DDceDFB9F713410b 0x8112be08246466f870d0b91590fe99211f73d15cfdadac62ff3f1e6b2f74869a,Long-Term Incentives Pilot Program,"**The full proposal exceeds Snapshot’s 20K character limit. A brief summary has been provided below. The full proposal can be seen [HERE](https://forum.arbitrum.foundation/t/long-term-incentives-pilot-program/20223/19?u=matt_stablelab).** ## Summary This proposal establishes a Long Term Incentives Pilot Program for the DAO to test new incentive designs and answer the necessary questions to ensure we are ready to commit to the long-term program. This Pilot Program will distribute 25-45M ARB to protocols building on Arbitrum. The exact amount will be determined by the DAO via Snapshot vote and will be ratified via Tally vote. The program will distribute ARB to protocols for 12 weeks. The specifications of the Pilot Program were designed to remedy the 3 largest complaints regarding STIP Round 1. The Pilot Program hopes to be a test run for these additions for the DAO to determine if they should also be included in the long-term framework. #### Problem #1: Too large a burden placed on delegates In the original STIP, delegates voted on each incentive proposal individually, with almost 100 snapshot votes. This was extremely tiring for delegates and left many feeling they could not make informed decisions on every proposal. #### Solution #1 To remedy this problem, the Pilot Program will have a 5 person council elected by the DAO responsible for evaluating applications and selecting which protocols will advance to a snapshot vote to receive ARB. This will ensure all applications are thoughtfully evaluated with only the most deserving receiving incentives. Not only will this help to reduce the burden on delegates, but it will also help expedite the process and allow protocols to receive incentives quickly and efficiently. #### Problem #2: Protocols did not receive adequate feedback on their proposals A major gripe from protocols was they struggled to get feedback from delegates before the deadline. This left many feeling as though the better-connected protocols had an advantage as they were able to modify their proposals based on feedback to make them more competitive during the vote. Many protocols were willing to make changes to their applications to make them more appealing to the DAO but never received the proper feedback necessary to do so. #### Solution #2 The Pilot Program introduces Application Advisors. This will be impartial organizations tasked with providing each applicant with detailed feedback and guidance on how to improve their applications. This ensures each applicant can iterate on their proposal so they can put forward the best possible incentive plan for the council. #### Problem #3: Strict Limitations on Incentives Mechanisms STIP Round 1 had strict limitations on how the ARB could be used as incentives. This was done to protect the DAO and prevent misuse of funds. However, the strict rules resulted in the stifling of many innovative incentive designs. Many protocols had interesting designs that used the ARB in ways that increased alignment, improved cost efficiency, or helped to limit the dumping of ARB. However, these designs were not permitted in Round 1 leading to almost all protocols resulting in generic liquidity incentive models. #### Solution #3 The Pilot Program provides more flexibility to protocols to create innovative incentive structures. With the addition of the Council and Application Advisors, the Pilot Program does not require the rules to be as stringent. Malicious or inefficient designs will be first filtered out by the Application Advisors and then rejected by the council. Allowing protocols to innovate on incentive distribution mechanisms will allow Arbitrum protocols and community members to get a better idea of which designs work and which don’t work. This will help everyone as we prepare for a longer-term incentives program. ## Flow of V2 #### Application Period (2 week) Protocols will have 2 weeks to apply using the Pilot Program application template. The application template will be created by the Council and the Application Advisors to ensure everyone has the same goals and make it easier for the council to process applications. Applications will be posted in the Pilot Program section of the Arbitrum forum. Protocols only need to post the initial draft of their application during this period. They will then have 2 additional weeks during the feedback period to edit their applications. No late submissions will be accepted. #### Feedback Period (2 weeks) During the feedback period, the Applications Advisors will provide feedback and guidance on all proposals. Protocols will be assigned an Application Advisor who will provide feedback and guidance on applications on a rolling basis. Protocols will then use this time to work with the Advisors to edit their proposals before applications lock at the end of the 2 weeks. StableLab will also read all submissions during this period and highlight any rule violations to allow applicants to edit their submissions to ensure they comply with all program rules. #### Screening Period (1 week) During this period, the council will use the pre-determined rubric to grade each protocol and decide which protocols will advance to the voting period to receive ARB. The Council will use the rubric to select which applications will progress to a snapshot vote. The protocols that the council selects to advance to a snapshot vote must have a total funding amount that is equal to or lower than the incentives budget. This will ensure the DAO does not overspend should all Snapshot votes pass. Any unused funds will be returned to the DAO. The rubric will be created by the Council and Application Advisors during the Tally voting period and will be publicly available by the time protocols begin to apply. The council will be required to publish a brief reasoning for all of their decisions on the forum to create transparency and accountability. The council must judge applications as they are and cannot accept protocols at lower amounts than their application states. For example, if an application asks for 200,000 ARB the council can not fund them with 100,000 ARB **EXAMPLE**: This is a hypothetical example using a budget of 10 ARB with 50 applicants that each request 1 ARB 50 protocols apply requesting 1 Arb Each -> Councils grades all 50 applications using the rubric and narrow the selection down to the top 10 applicants to not exceed the budget -> 10 snapshot votes are created to allow the DAO to confirm the council's decisions -> 9/10 Snapshot votes receive a majority of “fund” votes -> 9 protocols are funded with 1 ARB each and 1 Arb is returned to the DAO #### Voting Period (1 Week) Upon completion of the preliminary applicant screening process by the council, the selected applications will be formally presented for consideration. Each application will then be subject to a voting process via Snapshot, allowing Arbitrum delegates to vote on the allocation of funds. In the event that the Snapshot vote is favorably concluded, the respective protocol will commence receiving its funding through an Hedgey stream, facilitated by oSnap execution pending the protocol successfully passing KYC. #### Incentives Period (12 weeks) Selected protocols will receive their requested ARB using bi-weekly Hedgey streams for 12 weeks. During this time, protocols will be required to provide bi-weekly updates on the progress of their incentives using this [template](https://forum.arbitrum.foundation/t/stip-bi-weekly-update-template/19436). Protocols will be required to finish their incentive distributions or return any unused funds two weeks after their final disbursement is available. During this period Application Advisors will continue to work with the protocols to help them analyze and improve their distribution mechanisms. Protocols will be allowed to adjust their incentive plans as long as they do not violate any rules and provide their updated plans in their next bi-weekly update. ## Overall Cost #### Total Cost: 25,815,000 - 45,815,000 ARB * **Incentives**: 25,000,000 - 45,000,000 ARB. The exact amount will be determined by the DAO through a Snapshot vote. The entire budget does not need to be spent by the council. Any unused funds will be returned to the DAO * **Council Members**: 125,000 ARB - 25,000 ARB each * **Application Advisors**: 105,000 ARB - 35,000 ARB each * **Research Bounties**: 200,000 ARB Total - the exact amount and sizes of specific bounties will be selected by the Council and can be vetoed by delegates. * **Data and Analytics Provider**: 150,000 ARB for data monitoring and reporting * **Program Manager**: 100,000 ARB for program design, organization, management, research report, and continuing development of the Long Term Incentives Framework. See the full list of responsibilities above. * **Proposal Creation Assistance:** 15,000 ARB - 10,000 ARB for Alex Lumley and 5,000 ARB for Bobby Bola for their time spent assisting with proposal design, hosting proposal office hour calls, and communicating with delegates to gather feedback. * **Retroactive Community Funding**: 100,000 ARB * **Multisig Signers**: 20,000 ARB - 2,500 ARB each","['Fund Program with 45,815,000', 'Fund Program with 35,815,000', 'Fund Program with 25,815,000', 'Don’t Fund Pilot Program']",1704826213,1705431013,168770861,closed,"[102883951.6796747, 1447166.7392413008, 70207708.52451321, 4416482.138632245]","[[102883951.6796747], [1447166.7392413008], [70207708.52451321], [4416482.138632245]]",178955309.08206135,1705431016,0x33DB27C21E0f7a2f3351A4C6DDceDFB9F713410b 0x2a25540406ad1c9f4460979b31cec5fba52637e4aff3bec97ab664a90ea8ed9e,Proposal [Non-Constitutional]: Establish the ArbitrumDAO Procurement Committee,"The ADPC (ArbitrumDAO Procurement Committee) has the immediate mandate of overseeing the ‘Procurement Framework for Security Service Providers’ recently [ratified on by the ArbitrumDAO.](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3404df8a6e105dcf8b60cb22f22928aeedd3ffa5d80dc36e4f8fd74d0f5f14cb) The ADPC may add additional procurement frameworks if ratified through Snapshot. The committee will research and propose a subsidy fund for security-oriented services within the Arbitrum Ecosystem. A ‘Means Test’ will be implemented to determine project eligibility for security service-fee subsidies. The ADPC will establish procurement frameworks for various verticals and service types within the ArbitrumDAO. Three members will be elected to the ADPC through Snapshot’s weighted voting system. Eligibility criteria for members include experience, integrity, conflicts of interest disclosure, industry knowledge, analytical skills, financial acumen, communication skills, negotiation skills, project management abilities, ethical conduct, teamwork, technology proficiency, and decision-making skills. The election process involves application submission, KYC/KYB review, and member election via Snapshot. The ADPC’s term is 6 months, with a monthly stipend of 7,500ARB for each of the [3] elected members. Operational parameters include meeting minutes, monthly reports, bi-weekly calls, and a public dashboard. The ADPC’s Multi-Sig will be a 3/5, with signers receiving 1,000 ARB per month for their services. Signers cannot be Procurement Committee members. Streaming of funds and clawback capabilities are implemented for multisig accountability. The ADPC will be regulated via an Agreement with the Arbitrum Foundation. The Agreement will cover appointment, conflict of interest, mandate, record-keeping, duty of impartiality, recusal, self-dealing prohibition, and ethical trading standards for ADPC members. [Please see forum discussion for full details](https://forum.arbitrum.foundation/t/proposal-non-constitutional-establish-the-arbitrumdao-procurement-committee/20064) Voting Options: Option A: Establish the ArbitrumDAO Procurement Committee Option B: Do not Establish the ArbitrumDAO Procurement Committee Option C: Abstain","['Establish Procurement Committee', 'Do not Establish the Committee', 'Abstain']",1704182400,1704787200,165032615,closed,"[79881555.13640702, 268133.4821415642, 309285.811777245]","[[79881555.13640702], [268133.4821415642], [309285.811777245]]",80458974.43032584,1704788251,0xAD16ebE6FfC7d96624A380F394cD64395B0C6144 0xf49d88ec2f4fa7373efc66a7cf9441d916519f48a2d90e7db3ea688357150a44,Proposal [Non-Constitutional]: Establish the ‘Arbitrum Research & Development Collective,"**Please see the link to the forum discussion for the full text of this proposal** **Abstract** - This proposal aims to fund the Arbitrum Research & Development Collective to aid in turning Arbitrum DAO members’ ideas into reality for a term of 6 months. **Motivation** - The ARDC's role in reviewing and enhancing governance proposals, conducting code reviews for security, providing quantitative analysis for economic risk, and fostering active delegate engagement will contribute significantly to the growth and success of the Arbitrum ecosystem. It will provide valuable tools and reports for proposal authors, helping them refine their ideas and make better-informed decisions. **Rationale** - the ARDC's primary mandate aligns with the strategic priorities of the ArbitrumDAO, particularly in terms of governance optimization, risk management, research, and security. By funding the ARDC, the ArbitrumDAO can enhance its governance framework and future-proof the ecosystem through specialized verticals dedicated to these critical areas. **Steps to Implement** - Steps to Implement - The AIP will move to Snapshot on the 11th of December 2023. Following the conclusion of the Snapshot vote, the AIP will then proceed to the on-chain voting stage so as to ratify the funding & process for the Arbitrum Research & Development Collective. Once the forecited steps are concluded, @Immutablelawyer will be announcing the starting date of the election process. **Specifications & Timeline** - Specifications & timeline can be found in the following sections. **Overall Cost** - Option A: If the ARDC is funded with 880,000 ARB + Multi-Sig Budget. * 330,000 ARB [Security] [Applicable Cap] * 330,000 ARB [Research] [Applicable Cap] * 170,000 ARB [Risk] [Applicable Cap] * 50,000 ARB [DAOAdvocate] [Standard] Option B: If the ARDC is funded with 1.3 Million ARB + Multi-Sig Budget. * 500,000 ARB [Security] [Applicable Cap] * 500,000 ARB [Research] [Applicable Cap] * 250,000 ARB [Risk] [Applicable Cap] * 50,000 ARB [DAOAdvocate] [Standard] Option C: If the ARDC is funded with 1.715 Million ARB + Multi-Sig Budget. * 665,000 ARB [Security] [Applicable Cap] * 665,000 ARB [Research] [Applicable Cap] * 335,000 ARB [Risk] [Applicable Cap] * 50,000 ARB [DAOAdvocate] **[Excess ARB which will not be utilised as a result of the elected members and their corresponding fees will be returned to the ArbitrumDAO Treasury]**","['Fund with 880,000 ARB', 'Fund with 1,300,000 ARB', 'Fund with 1,715,000 ARB', ""Don't fund"", 'Abstain']",1702316169,1702920969,159123001,closed,"[31531751.957894463, 0, 66389979.15911178, 27012590.231747206, 0]","[[31531751.957894463], [0], [66389979.15911178], [27012590.231747203], [0]]",124934321.3487525,1702921883,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0xef3ed3b3735cad375953947437980db576baebbba5a0c209b2cccabcb1c30740,Proposal: Experimental Incentive System for Active ArbitrumDAO Delegates,"## **Abstract** We introduce an Experimental Incentive System aimed at the ArbitrumDAO delegates with a duration of six months. The goal is to assess the incentives' impact on the delegates' active participation and involvement in the DAO's governance. *This proposal is subject to changes.* ## **Motivation** This proposal represents an improved version compared to previous initiatives and requests for comments (RFCs): - [[RFC-2] Delegate Incentive System for ArbitrumDAO](https://forum.arbitrum.foundation/t/rfc-2-delegate-incentive-system-for-arbitrumdao/15720) - [[DRAFT] Experimental Incentive System for Active ArbitrumDAO Delegates](https://forum.arbitrum.foundation/t/draft-experimental-incentive-system-for-active-arbitrumdao-delegates/16501) We have developed this new proposal considering the comments and observations provided by other delegates. Our additional motivation lies in the recent increase in proposals and increased activity within ArbitrumDAO. We believe that delegates are the core base of the DAO and should be properly incentivized to maintain active participation, both in voting and feedback on proposals and in the ideation of governance processes. # **Delegate Incentive System** ## **Before reading the proposal, note how we have decided to structure it** This proposal is structured into four main sections: * **Option 1:** This is our main proposal detailing all the specifications of the incentive system. * **Option 2:** Introduces the implementation of ""Karma"" to automate certain processes. It's important to note that this option entails additional costs. * **General Summary:** An overview of the proposed items. * **Next Steps:** Voting deadline # **Option 1 - Main Proposal** # Specifications ## Duration of the Incentive System We've allocated an initial trial period of 6 months. This timeframe should allow us to gather initial metrics to gauge the system's functionality and its anticipated impact. ## Total Number of Delegates to Receive Incentives We have set the number at **50 delegates**. This figure isn't based on specific reasoning, but we believe it's a reasonable starting point. ## Funding - Incentives for delegates: 1,500,000 ARB - Incentive Program Administrator: 25,000 ARB ## Delegate Selection Process ### Requirements Based on the feedback received, we've opted for a single tier instead of a multi-tiered program, allowing a wider array of participants, the requirements would be as follows: * **Voting Power**: >50K ARB, corresponding to 194 delegates. (Source:[ Arbitrum Delegates and Voting Power - Dune Analytics](https://dune.com/pandajackson42/arbitrum-delegates-and-voting-power)). * **Delegates to Receive Incentives**: 50. * **Budget Allocation**: 1,500,000 ARB (5,000 ARB per delegate per month). * **Historical Participation Rate (Tally)**: Over 25% > **Note:** > * So following this model, the top fifty delegates - defined by their final score - within the range, would be compensated > * The 5000 ARB per month is the max amount a delegate could earn, but this amount could be lower depending on their score. > * Certain votes won't be counted towards the Tally Participation Rate, as detailed in the following links: > 1. [Core Test Proposal](https://www.tally.xyz/gov/arbitrum/proposal/60371879178081104082641012273221287927865067413661362234634146098631763379427) > 2. [Treasury test proposal](https://www.tally.xyz/gov/arbitrum/proposal/110793123084980773896129216551445203207286848914653873956746115694475823589450) > 3. [[OLD] AIP-1.1 - Lockup, Budget, Transparency ](https://www.tally.xyz/gov/arbitrum/proposal/79904733039853333959339953965823982558487956291458141923259498272549038367575) ### Incentive Program Application Delegates matching the requirements must confirm their participation in the Incentive System in the forum (a dedicated channel will be established for this). They must post using the template provided below, within a 7-day application window. **Incentive Program Confirmation Template:** * Forum Username (Link): * Twitter Profile (Link): * Snapshot Profile (Link): * Tally Profile with Exact All-time Participation Rate % (Link): > **Note:** > * Failing to send a confirmation message will exclude you from the incentive system, regardless of eligibility. > * Applicants should ensure accuracy in numbers and links, facilitating quicker verification. **Eligible delegates for the incentive program will be announced on the forum.** ## Scoring and Framework To determine which delegates will be paid on a monthly basis, we will use a point system and a framework that will be made public. ![scores.png](ipfs://bafybeieuu4yypwmkapdkznz4arvsci7t7ond4a7qh55us2fuz5ijjbhwsa) [Framework - Experimental Incentive](https://docs.google.com/spreadsheets/d/1hTRXhxcw3o8RJYWw0Nvf48Ak0ihOe5kUJUcTWH0IDgg/edit#gid=374367862) ### Details: Terminology, Symbols, and Formulas We explain in detail the framework and points system: * **Delegates (DD):** Delegates with right to access to incentives * **Ranking (TOP):** Delegate's position in this Dune table https://dune.com/pandajackson42/arbitrum-delegates-and-voting-power * **Funds ARB (FARB):** The amount of ARB allocated per month to the delegates' payment * **Activity Weight (%):** Represents the weight assigned to each key activity to be measured in delegates. * **Participation Rate (PR) - Weight 20:** Percentage of the total participation of the member in votes. This parameter is extracted from Tally. This is the only parameter that is not reset monthly. * **PR% formula: (PR * 20) / 100** * **Snapshot Voting (SV) - Weight 15:** Percentage of delegate participation in snapshot voting. This parameter is reset at the beginning of each month. * **Tn:** Number of total proposals that were sent to snapshots for voting in the month. * **Rn:** Number of proposals the delegate voted on in the month. * **SV% formula: (SV(Tn) /SV(Fn)) * 15** * **Tally Voting (TV) - Weight 25:** Percentage of delegate participation in on-chain voting in Tally. This parameter is reset at the beginning of each month. * **Tn:** Number of total proposals that were sent to Tally for voting in the month. * **Rn:** Number of proposals the delegate voted in Tally in the month. * **TV% formula: (TV(Fn) - TV(Rn)) * 25** * **Communicating Rationale (CR) - Weight 25:** Percentage of communication threads with the justification of the delegate's vote on the proposals sent to snapshots and Tally (if necessary if the vote does not change). This parameter is reset at the beginning of each month. * **Tn:** Total number of proposals that were submitted to a vote. * **Rn:** Number of real communication rational threads where the delegate communicated and justified his/her decision. * **CR% formula: (CR(Fn) - CR(Rn)) * 25** * **Commenting Proposals (CP) - Weight 15:** Percentage of proposals where the delegate asked questions or generated important discussion for the advancement of the proposal. This parameter is reset at the beginning of each month. * **Tn:** Total number of formal proposals posted on the forum. * **Rn:** Number of actual proposals where the delegate made a genuine and quality contribution. Spam messages will not be considered. * **CP% formula: (CP(Fn) - CP(Rn)) * 15** * **Bonus Point (BP) - Extra +30% TP:** This parameter is extra. If the delegate makes a significant contribution to the DAO, he/she is automatically granted +40% extra TP. This parameter is at the discretion of the program administrator. This parameter is reset at the beginning of each month * **Total Participation (TP):** Sum of the results of activities performed by the delegate. A TP% of 100 indicates full participation. * **TP% formula: PR% + SV% + TV% + CR% + CP% + BP** * **Payment ARB (PARB):** Final amount of ARB that the delegate will receive based on his TP% and his position in the table. * **PARB formula: IF(TP% >=100; 50000 ;(5000 * TP% / 100))** #### Parameter summary * **Activity Weight (%):** * **Participation Rate (PR) - Weight 20%** * **Snapshot Voting (SV) - Weight 15%** * **Tally Voting (TV) - Weight 25%** * **Communicating Rationale (CR) - Weight 25%** * **Commenting on Proposals (CP) - Weight 15%** * **Bonus Point (BP) - Extra +30% TP (Total Participation)** * **Total Participation (TP):** * **TP = PR% + SV% + TV% + CR% + CP% + BP** ### Weight and activity considerations The activities that have been considered in shaping the framework and scope are measurable activities that we believe can positively impact governance. We have distributed the weight according to the type of activity, as we believe this is the fairest way to do it at the moment. **Surely both the activities and the weightings are far from being the final parameters, ideally after these 6 months we should have a clear idea of how to modify certain parameters or which ones to add/remove.** > **Note:** > We have not included the governance call in the list of activities because we feel that it may be difficult for delegates in different time zones to attend because of the specific timing of the call. Plus some delegates might not want to dox their voices. ### Total Participation (TP) The 50 delegates who conclude the month with a **TP score of +60%** will be the ones to receive incentives based on the result provided by the **PARB** parameter. Should more than 50 delegates have a **TP score of +60%**, only the top 50 scores will be selected. If fewer than 50 delegates have a **TP score of +60%**, only those meeting the criteria will be compensated > **Note:** > In the exceptional circumstance where scores are identical or more than 50 delegates exceed +90%, the entire month's budget may be distributed amongst all delegates with such scores. This decision is at the discretion of the program administrator. ### Bonus Point Should a delegate propose or actively participate in an enhancement proposal for Arbitrum DAO and execute it, like the [Arbitrum’s Short-Term Incentive Program (Arbitrum Improvement Proposal](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131)), they will be granted an additional +30% to their TP score for making a valuable contribution to the DAO. This could also be a governance process enhancement proposal or a template for grant selection. We understand that this is one of the weakest points of the proposal and we believe it is very objective. To assess this point we will try to answer these questions - Is the proposal of interest to the ArbitrumDAO, does it cover any vertical that has not yet been worked on? - Is the proposal well described, does it have details of the objectives it wants to achieve? - Does the proposal generate debate among delegates, is there interest among DAO members (for or against) about the proposal? - Does the proposer exhaust existing resources to demonstrate that their proposal adds value to ArbitrumDAO (governance calls, responds in the governance forum, etc). - Was the proposal put to a vote: was it a close vote or a resounding no? When evaluating the bonus points we will try to answer these questions and the administrator will have to upload a post to the forum with the answer and a justification of why he/she grants the bonus point. We also look forward to hearing the community's opinion on the matter. ### Parameter Snapshot When we refer to a month, we consider from the first day of the month 00:00 UTC to the last day 23:59hs UTC of each month. Within these days and hours, delegates have the opportunity to perform all actions to meet the parameters. The month's activities conclude on the last day of the month, so delegates must be punctual. ### Delegate Responsibilities Delegates are responsible for keeping track of their actions. At the end of the month, they have until the 3rd of the following month to submit a forum post with the following requirements: * A copy (Link) of the framework with their activity data for that month. * Additionally, the post must have a summary with all the links including: * Snapshot voting link * Forum post link explaining the reasoning behind the snapshot vote * Tally voting link * Forum post link explaining the tally vote reasoning (if you have changed your vote) * Commenting on Proposals link (only those that went to snapshots) * The summary should also include: * Delegate proposal links * Links to any significant contribution (discussion, questions, suggestions, etc.) made to a proposal. > **Note:** > * Delegates failing to post the requested information will not receive incentives. > * To avoid forum spam and disarray, we will ask the facilitators to add a channel for the incentive system so delegates can input all their information there. ### Incentive System Administrator Responsibilities After the delegates post and present their results in the framework, the incentive system administrator has 10 days to gather all the information, review, verify, and unify it. Then, present all the unified data on the forum in the [framework](https://docs.google.com/spreadsheets/d/1hTRXhxcw3o8RJYWw0Nvf48Ak0ihOe5kUJUcTWH0IDgg/edit#gid=374367862) and attach a summary explaining that month's final result. Once the final result is presented, delegates have 2 days to file a claim in case of disagreement. #### Dispute Delegates have a 2-day window to dispute if they disagree with the results presented by the Incentive System Administrator. To raise a dispute, they must do so via a forum post with the following template: * Title: Dispute * Username * Reason for dispute (be detailed) The system administrator must promptly address the issue, resolving it within a maximum of 2 days. #### Incentive System Ban Should a delegate or any community member attempt to deceive or game the incentive system, they will be banned. This decision is at the discretion of the program administrator. We must remember that this system is experimental, and we hope for community members' cooperation for its success. ### Payment Execution If all goes according to plan, the delegate payments are expected to be sent as a proposal to Tally, with full details of the payments, between the 16th and 17th. This will be repeated for the 6 months, so that the DAO has control over the incentive program and can cut it off whenever it wants. **Payments are made in ARB tokens.** #### Considerations Like every new and experimental system, there may be delays, so please be [patient](https://docs.google.com/spreadsheets/d/1lll5H9ekrsQPe7zMbvkiWTIzevlwpSJLkQql8B8UhTA/edit#gid=0). Estimated schedule: ![schedule.png](ipfs://bafkreie7nlxyh7jx7myxgfj6eqogu6p7kfebmokq3v5fvxzskmmb7j2h64) ### Administrator Perspective 1. Start of the month: Track delegate participation in governance. 2. Last day of the month: Begin collecting delegate posts from the forum. 3. Review all the information, check for accuracy, and compile it into the framework. 4. Establish the results within the given timeframe. 5. If everyone agrees, send a proposal to Tally with the payment details, to be voted on. 6. Keep the DAO informed ## Incentive system administrator Given the short duration of the program and the lack of a DAO Facilitator, SEED Latam is willing to assume the administration of this program. This means that our delegation won't participate in it and that the adminstration won't be carried out by myself, but by the organization SEED Latam. However, we're also open to a group of delegates or potentially a third party administering this program, in which case we would obviously provide any assistance necessary. For the adminstration of said program the budget would be 25,000 ARB. This payment will also be divided into 6 months and will be sent in the proposal to Tally along with the payments to the delegates. In this way the DAO will have control over the administrator. --- # **Option 2 - Karma automation for delegate incentive program** ### Features summary Karma will develop features to enhance administrator efficiency and provide transparency to the Arbitrum community. The features that will be built include: 1. Automated fetching of all delegates with Voting Power (VP) over 50k, along with their details. 2. Profile display for each delegate, showing their voting history and voting reasons they post on Snapshot, Tally or Forum. 3. Calculation and display of PR, SV, TV, CR, CP (TBD if CP can be automated) for each delegate as specified in the proposal. **Karma will implement automatically fetching delegates’ forum data** 4. Functionality for the Administrator to allocate Bonus Points. 5. Computation and presentation of the final Total Points (TP) and PARBB for each delegate on: `arbitrum.karmahq.xyz/delegate-compensation`. **This automation eliminates the need for delegates to manually report their monthly activities.** ### Timeline - **Week 1:** Collaborating with administrators and community members to finalize the project requirements. - **Weeks 2 and 3:** Initiating the sprint to design and develop all the features - **Week 4:** The product will undergo comprehensive end-to-end testing and be deployed to production. At this stage, the community will gain full access to all features. - **Week 5 and Beyond:** Implementation of bug fixes and enhancements based on insights and feedback gathered. ### Payment Schedule - **Payment 1:** 10k ARB when the proposal passes and the project is kicked off. - **Payment 2:** 10K ARB on successful launch of the product (After week 4 per the timeline above) - **Payment 3:** 10K ARB 2 months after launch as we continue to fix bugs and make enhancements (week 12 of program kickoff) **Karma payments will also be executed from the DAO and tracked by the program administrator.** ### Cost - 30000 ARB ## **SEED Latam Commitment** Seed Latam is committed to monitoring the proper functioning of Karma and collecting feedback from the community on the dashboard's performance. We also commit to collaborating with Karma so that the dashboard meets the needs of the incentive system. As with Option 1, we are also open to having a group of delegates or potentially a third party administer Karma's progress and the program, in which case we would obviously provide all necessary assistance. For the administration of the program for this option the budget would be 20,000 ARB. This payment will also be divided into 6 months and will be sent in the proposal to Tally along with the payments to the delegates. In this way the DAO will have control over the administrator. ### Disclaimer SEED Latam does not have any commercial relationship with Karma nor does it receive any payment from them for incorporating them into this proposal. The only link between SEED Latam and Karma is that both want the success of the Arbitrum ecosystem. # Overview Proposal overview **Duration of the incentive system** * 6 month **Total Number of Delegates to Receive Incentives** * 50 delegates **Selection process** * **Voting Power**: >50K ARB, corresponding to 194 delegates. (Source:[ Arbitrum Delegates and Voting Power - Dune Analytics](https://dune.com/pandajackson42/arbitrum-delegates-and-voting-power)). * **Delegates to Receive Incentives**: 50. * **Budget Allocation**: 1,500,000 ARB (5,000 ARB per delegate per month). * **Historical Participation Rate (Tally)**: Over 25% *Eligible delegates must confirm their participation in the incentive system by posting a message on the forum.* ## CONT IN FORUM POST","['Option 1 - Without Karma', 'Option 2 - With Karma', 'Against']",1701979035,1702583835,157852219,closed,"[40552285.320476435, 74809088.05227663, 14102290.789752742]","[[40552285.320476435], [74809088.05227663], [14102290.789752742]]",129463664.16250515,1702584986,0xAbAbE91A907fAdff921720C43ABe4098e7245E99 0x1a0a7bee0c5b13a690275031c44d8b5efe78b86d86f6d2357299020e7a907d57,Timeline Extension for STIP and Backfund Grantees,"## Abstract This proposal aims to extend the deadline for protocols in both STIP and the backfund proposal. Should this proposal pass, the new deadline for protocols to distribute ARB to users would be March 29th. 2024. Since backfunded protocols will experience significant delays to the start of their streams, this proposal aims to have backfunded streams continue until March 15th, 2024. These timeline modifications will help to ensure all protocols have enough time to distribute ARB to users. ## Motivation The [Proposal to Backfund Successful STIP Proposals](https://www.tally.xyz/gov/arbitrum/proposal/13413460212244439965325761903593975061091934953503684497413508380387288651335?chart=2) has recently passed quorum on Tally and will soon commence. The backfund proposal was inappropriately dated to end on January 31st, 2024. As it will likely take several weeks for back-funded protocols to pass KYC, this will only leave around 6 weeks for these protocols to distribute 16 weeks' worth of incentives. This extension proposal aims to continue the streams for these protocols until March 15th, 2024, and allow these protocols to continue incentivizing users until March 29th, 2024. This extension will allow these protocols closer to the full 16 weeks to distribute their ARB incentives to users. Additionally, due to extreme variations in KYC timing of the original STIP grantees, some protocols were given much shorter timelines to distribute their ARB incentives. This extension proposal also offers the option to extend the STIP deadline to distribute ARB to users until March 29th, 2024. This will ensure all STIP protocols are given adequate time to distribute their ARB. This however will not change their hedgey stream disbursement dates as the multisig has already started these streams. ## Rationale The grant funds for both STIP and the Backfund proposal are held by the incentives multisig as stated in the two previous proposals. However, these funds belong to the DAO and the multisig has agreed to follow the DAO's directions. This proposal signals to the multisig if the DAO would like to extend the timelines for STIP and the backfund grant. If this proposal passes the multisig will extend the backfunded protocols’ streams to end on March 15th, 2024, and will allow these protocols to continue distributing their ARB to users until March 29th, 2024. Additionally, should the DAO choose, this proposal could signal to the multisig to allow any original STIP protocols to continue distributing incentives to users until March 29th, 2024 without halting their streams. These extensions will ensure that protocols’ incentive distributions to users are not rushed. This will help even the playing field for those who took longer to pass KYC. It will allow the DAO to get more accurate data on the success of these programs. ## Key Terms - STIP - The full Short Term Incentives program proposal can be seen [here](https://www.tally.xyz/gov/arbitrum/proposal/92535731414466076465748260699234569033779695239254902723866669906112586724812?chart=2) Backfund Proposal - The full backfund proposal can be seen [here](https://www.tally.xyz/gov/arbitrum/proposal/13413460212244439965325761903593975061091934953503684497413508380387288651335?chart=2) Original Timeline - Originally both STIP and the backfund were to end by January 31st Hedgey Stream Disbursements - The ARB protocols receive biweekly from the multisig Grant Distributions - The ARB protocols award to users as incentives Incentives Multisig - The 5/9 multisig that holds the funds for both Incentives programs. Details can be seen [here](https://www.tally.xyz/gov/arbitrum/proposal/92535731414466076465748260699234569033779695239254902723866669906112586724812?chart=2) ## Specifications ### Extended Backfunded Protocol Timeline Protocols included in the backfund proposal will have their streams started in batches similar to STIP based on the time they pass KYC. These protocols will also receive disbursements from the multisig using hedgey streams every two weeks. The last disbursement date will be March 15th, 2024. Protocols will then have two weeks to finish distributing ARB incentives to users with a deadline of March 29th, 2024. ### Extended STIP Protocol Timeline Protocols included in the original STIP will have until March 29th, 2024 to finish distributing ARB incentives to users. These protocols do not have to extend their distribution schedules until this deadline. Many STIP protocols already have distribution plans in progress that end earlier than March 29th. Protocols may choose to keep their initial plans and finish distributing rewards earlier than March 29th. Protocols that do wish to extend to the March 29th deadline will be expected to update their distribution plans in their biweekly updates and maintain consistency with their fund usage as expressed in their grant application. The hedgey streams for the STIP protocols will not be adjusted as they have already been initiated by the multisig. ## Steps to Implement The multisig would initiate streams for all backfunded protocols to end on March 15th, 2024 given that the backfund proposal passes and these protocols pass KYC and sign grant agreements. STIP protocols that wish to adjust their distribution timelines will need to provide updated timelines in their next biweekly update. Backfunded protocols will also need to provide new distribution schedules that meet the March 29th Deadline. StableLab will work with the incentives multisig, foundation, protocols, and DAO to help coordinate KYC confirmation, stream initiation, stream monitoring, biweekly updates, and community questions throughout the process. ## Timeline March 15th, 2024 - Backfunded protocols receive their last stream disbursement March 29th, 2024 - Deadline for STIP / backfunded protocols to finish distributing ARB to users ## Overall Cost There is no additional to cost the DAO associated with this proposal ## Voting Options 1. Extend deadline for both STIP and Backfunded 2. Extend deadline only for backfunded protocols 3. Do not extend either deadline 4. Abstain","['Extend deadline for both', 'Extend deadline backfund only', 'Do not extend either deadline', 'Abstain']",1701539746,1702144546,156233121,closed,"[154015030.49019444, 346665.97516060347, 225892.80959903015, 2803798.6008127807]","[[154015030.49019444], [346665.9751606034], [225892.80959903015], [2803798.6008127807]]",157391387.87576678,1702144659,0xAD16ebE6FfC7d96624A380F394cD64395B0C6144 0xa635e39a2c527f7a1eabf5ea22bdec6f4a265d6c69a06076e65fde0ae0a5941b,AIP: ArbOS Version 11,"# AIP: ArbOS Version 11 # Constitutional ## Abstract This AIP introduces a number of improvements to Arbitrum chains, including support for the EVM Shanghai upgrade and the PUSH0 opcode, along with miscellaneous bug fixes. These improvements are now audited and ready for adoption, including by Arbitrum Orbit chains, Arbitrum One, and Arbitrum Nova. This proposal concerns the latter two, as they are governed by the Arbitrum DAO. On a high level an ArbOS upgrade can be seen as Arbitrum's equivalent of a hardfork - more can be read about the subject over in https://forum.arbitrum.foundation/t/arbitrum-arbos-upgrades/19695 ## Changes Included ### 1. EVM Shanghai support (including the PUSH0 opcode) Recent versions of go-ethereum already includes support for the changes to the EVM made in the Shanghai L1 upgrade, but we need to enable them for Arbitrum chains. Instead of using a time based activation, it’s better to activate support based on the ArbOS version, which makes sure that even if the upgrade is delayed, Shanghai support will take effect uniformly and without causing divergences with out of date node software. PRs: https://github.com/OffchainLabs/nitro/pull/1583 https://github.com/OffchainLabs/nitro/pull/1664 https://github.com/OffchainLabs/nitro/pull/1712 ### 2. Retryable fixes Retryable fees previously always used the network fee account, instead of also using the infrastructure fee account. The infrastructure fee account should be paid fees from the basefee, and the network fee account should be paid any surplus fees when the gas price is elevated. That was correctly implemented for normal transactions, but retryables only dealt with the network fee account. Retryable redemption also reported an incorrect gas usage in the block header. This matters to Arbitrum Nova, where the infrastructure fee account pays out some fees to the Data Availability Committee members, but the network fee account does not. PRs: https://github.com/OffchainLabs/nitro/pull/1789 https://github.com/OffchainLabs/nitro/pull/1980 ### 3. Fix the chain owner list returned by precompile This change doesn’t affect the actual chain owner set, but the list being returned by the ArbOwnerPublic precompile was incorrect for Arbitrum Nova due to an internal ArbOS issue. To be clear, this does not affect who was able to make chain owner actions. As intended, only the DAO is able to make chain owner actions on Arbitrum One and Arbitrum Nova. This change only affects the list of chain owners presented by the ArbOwnerPublic precompile. PRs: https://github.com/OffchainLabs/nitro/pull/1525 https://github.com/OffchainLabs/nitro/pull/1768 ### 4. Fix some precompile methods taking up all gas when reverting Some precompile methods such as ArbSys’s arbBlockHash method took up all gas when reverting. That meant that if a transaction called arbBlockHash with an out-of-range block number, it’d use up all the gas when reverting. PR: https://github.com/OffchainLabs/nitro/pull/1490 ### 5. Create missing precompile methods to view some L1 pricing parameters The L1RewardReceipient and L1RewardRate were previously not exposed via precompiles. This change adds methods to get them to ArbGasInfo so that the current chain configuration can be easily checked. PR: https://github.com/OffchainLabs/nitro/pull/1775 ### 6. Fix the possibility of a staticcall from the owner to ArbOwner emitting a log This shouldn’t matter in practice, but it was theoretically for a staticcall from the chain owner to the ArbOwner precompile to emit a log. In the EVM, staticcalls should never be able to emit logs. This PR fixes the Arbitrum precompile logic to disallow emitting logs in staticcall contexts. PR: https://github.com/OffchainLabs/nitro/pull/1562 ### 7. Fix default L1 pricing params This shouldn’t matter for Arbitrum One and Arbitrum Nova, because these parameters were already corrected in [AIP-7](https://forum.arbitrum.foundation/t/aip-7-arbitrum-one-governance-parameter-fixes/15920). However, it’s included in ArbOS version 11 so that any Arbitrum Orbit chains automatically get the correct parameters. PR: https://github.com/OffchainLabs/nitro/pull/1549 ## Implementation The canonical version of ArbOS 11 this proposal aims to adopt is implemented in the Arbitrum Nitro git commit hash `df93361a1293574903f28fbbbe0469a3ea5c644d` That commit builds a WASM module root of `0xf4389b835497a910d7ba3ebfb77aa93da985634f3c052de1290360635be40c4a`, which is a hash of the code that’s put on-chain for fraud proofs. You can verify this WASM module root on a x86_64 computer (i.e. not on ARM which builds slightly different symbol names) with Docker setup by checking out the previously mentioned commit of the nitro repository, running `git submodule update --init --recursive`, and then running `docker build . --target module-root-calc --tag wavm-machine && docker run --rm wavm-machine cat /workspace/target/machines/latest/module-root.txt` This uses Docker to perform a reproducible build of the WebAssembly code used in fraud proofs, and outputs its hash. The above code has audited by Trail of Bits - the audit report can be viewed in https://drive.google.com/file/d/1uwA1PK3AB9ggHMqaw91mubu5WHcEp398/view?usp=sharing ### Upgrade Action smart contracts The Action smart contracts used to execute the on-chain upgrade can be viewed in https://github.com/ArbitrumFoundation/governance/pull/170 Action contract addresses: [SetArbOneArbOS11ModuleRootAction](https://etherscan.io/address/0xe8e5dc1793d6fe39452ddcb90d12997fa39de1de#code) [SetNovaArbOS11ModuleRootAction](https://etherscan.io/address/0x6B125347f3B0790197d5247f32f91fd3e7140eD7#code) [SetArbOS11VersionAction](https://arbiscan.io/address/0xF6c7Dc6eaE78aBF2f32df899654ca425Dfa99481#code) [SetArbOS11VersionAction](https://nova.arbiscan.io/address/0x5357f4d3e8f8250a77bcddd5e58886ad1358220c#code) The above code has audited by Trail of Bits - the audit report can be viewed in https://drive.google.com/file/d/1N3197Z7DuqBpu9qdt-GWPewe8HQakfLY/view?usp=sharing ### Verifying the ArbOS Code Difference The current ArbOS version used on Arbitrum One and Arbitrum Nova is ArbOS 10, corresponding to the Arbitrum Nitro `consensus-v10` git tag. You can verify this by running the previously mentioned steps to build the WASM module root on that git tag, which produces the WASM module root `0x6b94a7fc388fd8ef3def759297828dc311761e88d8179c7ee8d3887dc554f3c3`, which is what the rollup contract’s `wasmModuleRoot()` method returns for both Arbitrum One and Arbitrum Nova. To audit the code difference from ArbOS 10 to ArbOS 11, you could simple generate a full nitro diff with `git diff consensus-v10 df93361a1293574903f28fbbbe0469a3ea5c644d` (and also generate a diff of the go-ethereum submodule mentioned in that nitro diff). However, that includes a lot of code that isn’t part of the WASM module root. To filter down to just the replay binary which defines the state transition function, you can start by generating a list of files in the nitro and go-ethereum repositories included by the replay binary in either ArbOS 10 or ArbOS 11 with bash: ``` #!/usr/bin/env bash set -e mkdir -p ~/tmp # this script uses ~/tmp as scratch space and output # this script should be run in the nitro repository git checkout df93361a1293574903f28fbbbe0469a3ea5c644d git submodule update --init --recursive make solgen go list -f ""{{.Deps}}"" ./cmd/replay | tr -d '[]' | sed 's/ /\\n/g' | grep 'github.com/offchainlabs/nitro/' | sed 's@github.com/offchainlabs/nitro/@@' | while read dir; do find ""$dir"" -type f -name '*.go' -maxdepth 1; done | grep -v '_test\\.go ``` Now, `~/tmp/replay-binary-dependencies.txt` contains a list of dependencies of the replay binary that were present in ArbOS 10 or 11. To use that to generate a smaller diff of the nitro repository, you can run: ``` git diff consensus-v10 df93361a1293574903f28fbbbe0469a3ea5c644d -- cmd/replay $(cat ~/tmp/replay-binary-nitro-dependencies.txt) ``` For the go-ethereum submodule, you can first find out what go-ethereum commit ArbOS 10 and 11 used: ``` $ git ls-tree consensus-v10 go-ethereum 128 ↵ 160000 commit 941aa323e5cbbde1d5806eb4e3dd70553c5a1298 go-ethereum $ git ls-tree df93361a1293574903f28fbbbe0469a3ea5c644d go-ethereum 160000 commit abe584818e104dd5b4fdb8f60381a14eede896de go-ethereum ``` Those commit hashes are the go-ethereum commit hashes pinned by each nitro commit. Then, you can again use `git diff` and the files generated by the earlier script to generate a diff limited to code used by the replay binary: ``` git diff 941aa323e5cbbde1d5806eb4e3dd70553c5a1298 abe584818e104dd5b4fdb8f60381a14eede896de -- $(cat ~/tmp/replay-binary-geth-dependencies.txt) ``` This diff also includes the diff between upstream go-ethereum versions v1.10.25 and v1.11.6, as ArbOS 10 used the former and ArbOS 11 uses the latter. To filter out that difference, you can use this tool to find the intersection of two git diffs: https://gist.github.com/PlasmaPower/795af590f88cfb5e21c5ad9b8a32afdf We can use that to find the intersection of the diff of ArbOS 11’s go-ethereum against ArbOS 10’s go-ethereum and the diff of ArbOS 11’s go-etheruem against upstream go-ethereum v1.11.6: ``` git diff 941aa323e5cbbde1d5806eb4e3dd70553c5a1298 abe584818e104dd5b4fdb8f60381a14eede896de -- $(cat ~/tmp/replay-binary-geth-dependencies.txt) > ~/tmp/arbos-10-vs-11-geth.diff git diff v1.11.6 abe584818e104dd5b4fdb8f60381a14eede896de -- $(cat ~/tmp/replay-binary-geth-dependencies.txt) > ~/tmp/arbos-11-vs-upstream-geth.diff diff-intersection.py ~/tmp/arbos-10-vs-11-geth.diff ~/tmp/arbos-11-vs-upstream-geth.diff ``` In addition, you can pass the following arguments to `diff-intersection.py` to ignore files that are included by the replay binary but whose components are not used: `--ignore-files 'core/blockchain*.go' arbitrum_types/txoptions.go 'rawdb/**' 'rpc/**'` Note that by default, `diff-intersection.py` does a line based intersection. To instead do an intersection based on chunks in the diff, known as hunks in git terminology, you can add the `--only-hunks` flag.","['For', 'Against', 'Abstain']",1701123085,1701727885,154720620,closed,"[168238852.0035423, 134714.5434028188, 133425.77047071827]","[[168238852.0035423], [134714.5434028188], [133425.77047071827]]",168506992.31741625,1701729561,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0x3404df8a6e105dcf8b60cb22f22928aeedd3ffa5d80dc36e4f8fd74d0f5f14cb,Procurement Framework | Security : Non-Constitutional Proposal,"##### **Abstract** Creating a procurement framework for security-oriented service providers within the ArbitrumDAO. The proposal aims to create a streamlined & harmonised approach re. service procurement for security-oriented services. ##### **Motivation** Procurement Frameworks maintain quality control, ensuring consistency in the services procured. These frameworks also promote transparency and fairness, building trust and adhering to legal standards. Moreover, they aid in risk management, safeguarding against various procurement-related risks, and streamline processes for time-saving and operational efficiency. ##### **Rationale** This procurement framework is designed to ensure that only qualified and reliable security service providers are selected, thereby safeguarding the integrity and security of the projects within the Arbitrum Ecosystem. This will aid in ensuring that the security-specific needs of projects building within the Ecosystem are safeguarded to a larger extent & thus serve to safeguard the high standards and reputation of the Arbitrum Ecosystem. ##### **Specifications & Timeline** Specifications & Timeline can be found in the following sections. ###### **Steps to Implement** This AIP will move to a Snapshot vote on the 24th of November 2023. Passing of the Snapshot vote will be deemed as a ratification of the Procurement Framework. There are no associated costs with the implementation of the Procurement Framework. ##### **Overall Cost** No cost for AIP implementation. --- ## **EXECUTIVE SUMMARY** - This procurement process is designed to ensure that only the most qualified and reliable security service providers are selected, thereby safeguarding the integrity and security of the projects within the Arbitrum Ecosystem. - Should the ArbitrumDAO vote for the implementation/ratification of this framework, we wil then be proposing the setup of the Procurement Committee that will facilitate & administer this framework. - The proposal for the procurement committee will also contain further details on the operational implementations that are to be effected in documenting, record-keeping, and disclosing material in relation to the procurement framework. The document outlines a comprehensive procurement framework for the Arbitrum Ecosystem, focusing on sourcing and selecting service providers for blockchain security and related services. It comprises several key components: - Needs Assessment: Identifying and prioritizing the specific requirements of the Arbitrum Ecosystem, including evaluating the current situation and determining market availability for the required services. - Defining Eligibility Criteria: Establishing standards for technical expertise, reputation, tools and techniques, and financial stability that service providers must meet to be considered. - Publication of Request for Proposal (RFP): Detailing the scope of work required and the submission guidelines for prospective service providers, along with evaluation criteria and a timeline for the procurement process. - Proposal Submission: Requiring service providers to submit comprehensive documentation for evaluation, with submissions made via ArbitrumDAO Forums, allowing community feedback and private collection of sensitive information. - Evaluation of Proposals: This includes initial screening for eligibility, in-depth technical and commercial evaluations, reference checks, and possibly interviews, with a focus on transparency and community involvement. - Whitelisting, Onboarding & Contracting: Selecting the most suitable service providers, conducting Know-Your-Business processes, facilitating contract negotiations, and finalizing approval of agreements. - Ongoing Obligations and Ancillary Matters: Monitoring performance, establishing feedback loops, setting renewal criteria, outlining exit strategies, and ensuring thorough documentation and record-keeping using tools like Airtable for transparency. - Public Disclosure: Making key details of the procurement process and the list of whitelisted providers publicly available, respecting confidentiality agreements. ![](https://global.discourse-cdn.com/standard17/uploads/arbitrum1/optimized/2X/9/96d131d75a56e3d72921707f2756d78262307f1a_2_548x411.png) --- ## OVERVIEW [1] On the 3rd of November, DK (Myself) posted a proposal on the Arbitrum DAO Forums aimed at establishing a framework for security-oriented proposals via a consolidated framework ([Consolidate Security Proposals into a RFP Process](https://forum.arbitrum.foundation/t/proposal-consolidate-security-proposals-into-a-rfp-process/19328)). By way of a summary, the proposal on the Arbitrum DAO forum discusses establishing a Request for Proposal (RFP) process to consolidate the selection of auditors and security service providers within the Arbitrum ecosystem (for the purposes of this endeavor, we shall be referring to this consolidated framework as the ‘Procurement Framework). [2] The Snapshot Vote for the establishment of the aforementioned Procurement Framework has since passed ([Snapshot 1](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x1ac6079871dc4af55b7d67eae130e4c1bbcbabd9bb35405bc1733ef2efe45875)). [3] On the 10th of November, Immutablelawyer posted a public consultation period on the Arbitrum Forums ([Public Consultation re. 'Consolidate Security Proposals into an RFP Process'](https://forum.arbitrum.foundation/t/public-consultation-re-consolidate-security-proposals-into-an-rfp-process/19478)). This contained a base-line framework aimed at giving some context to community members & relevant stakeholders intending on participating in the public consultation. The Public Consultation ended on the 22nd of November 2023. Following calls held, submissions received & several discussions with numerous ecosystem participants, we would now like to present the final procurement framework for ratification via Snapshot. We would like to thank all participants who took their time to provide insight in this endeavor. This was a true testament to the collaborative nature of this ecosystem. Copy of Proposal in Google Docs: [Snapshot Proposal Ratification: Procurement Framework](https://docs.google.com/document/d/1g1W9BYCNMYWi67E4Zj_TjdtCke321fTL3yhpIuo73HY/edit?usp=sharing) --- ## [Procurement Framework for Ratification](https://forum.arbitrum.foundation/t/proposal-non-constitutional-procurement-framework-security-service-providers/19704#procurement-framework-for-ratification-2) ### **1. ‘Needs’ Assessment** - Gather Phase: Collect detailed information on what is needed in the Arbitrum Ecosystem. This involves understanding the specific requirements of the end-users, the goals of relevant stakeholders, and any constraints (budgetary, time, legal, regulatory, procedural etc.). This stage often involves interviews, surveys, or group discussions with stakeholders. - Analyze Current Situation: Assess the current resources, systems, or services in place. Determine if there are gaps between the current state and the desired state. This analysis should consider whether existing solutions can be upgraded or if new solutions are needed. - Define the Scope of the Need: Clearly define what is needed to address the gap identified in the current situation analysis. This definition should be as specific as possible, outlining the functionalities, features, quality standards, quantities, and any other relevant attributes that are relevant. - Prioritize Needs: Not all needs have the same level of urgency or importance. Prioritize the needs based on factors like strategic importance, impact on operations, cost-benefit analysis, risk mitigation, and regulatory compliance. - Assess Market Availability: Research the market to understand what products or services are available that meet the needs identified above. ### **1.1. Defining Eligibility Criteria** - Technical Expertise: Prospective Service Providers must demonstrate expertise in blockchain security, including prior experience with smart contracts, the Ethereum network, and Layer 2 solutions like Arbitrum. - Reputation: A track record of successful security audits, with references and case studies. - Tools and Techniques: Tools for detecting vulnerabilities, including static and dynamic analysis, and formal verification methods. - Financial Stability: Proof of financial stability to ensure the longevity and reliability of the service provider. ### **2. Publication of the Request for Proposal (RFP)** - Scope of Work: Following the conclusion of the ‘Needs Assessment’ in the Procurement Committee will publish a request for submissions. This will be done via the ArbitrumDAO Forums wherein a detailed description of services required, including security audit scope, frequency, and expected deliverables will be provided by the PC. - Submission Guidelines: Clear instructions on how to apply, including formats and submission channels will be provided for prospective applicants so that the approach is harmonized in nature. - Evaluation Criteria: Metrics on how prospective service providers [as per ‘Eligibility Critera’]. - Timeline: Submission deadlines and timeline for the evaluation process. ### **3. Proposal Submission** - Documentation: Applicant service providers must submit comprehensive documentation, including company profiles, client testimonials, and detailed descriptions of methodologies. - Submissions: Will be effected on a dedicated section of the ArbitrumDAO Forums. This way, the PC can already get a sense of community feedback prior to putting the security service provider through the procurement process. Financial statements will & other ancillary information will not be required to be posted publicly but will be collected through private channels. ### **4. Evaluation of Proposals** - Initial Screening: Verification of compliance with the minimum eligibility criteria. - Technical Evaluation: In-depth review of technical capabilities, methodologies, and tools. - Commercial Evaluation: Assessment of cost-effectiveness and value for money. - References Check: Verification of the provider’s references and past performance. - Interviews: The PC may conduct interviews with the top candidates. - Emphasis should be placed on documenting each step of the procurement process and communicating select steps in a consolidated manner to the community for review & input. - In this regard, the PC can set up a dedicated notion page wherein the aforementioned details can be inputted, and then linked from the Forum updates posted by the PC. ### **5. Whitelisting, Onboarding & Contracting** - Selection: The PC will select the most suitable providers to be whitelisted for service-subsidies based on them validly passing the procurement process. - The PC will facilitate Know-Your-Business processes so as to make sure that all prospectively whitelisted service providers pass standard KYB checks. - Contract Negotiation: The PC will facilitate & administer the process for the finalization of the contractual provisions regulating the engagement between the service provider chosen by the projects & the project itself. Most importantly, the PC has to ensure that the pricing ‘advertised’ by the service provider for the service requested is consistent with the agreement. - Approval: Final agreements will be reviewed and approved by the PC before signing. #### **Ongoing Obligations of the Procurement Committee & Ancillary Matters** ##### [i] _**Performance Monitoring and Review**_ - Regular Audits: Random checks by the PC during the audit process so as to ensure compliance with SLAs. - Feedback Loop: A system for feedback from the projects utilizing the subsidized services. This will be pivotal in ensuring that the PC maintains a certain level of quality assurance so as to consistently assess whether any factors that led to the service provider passing the procurement process have changed. ##### [ii] _**Renewal and Exit Procedures**_ - Renewal Criteria: Every 4 months, the PC will re-evaluate whitelisted service providers by carrying out an assessment re. The Eligibility Criteria so as to make sure that Service Providers are still eligible. - Exit Strategy: If a Service Provider is removed from the whitelist, the PC will publish an announcement outlining the reasons thereof. ##### [iii] _**Documentation and Record Keeping**_ - Audit Trail: All stages of the procurement process will be documented and records maintained for accountability and transparency. - The PC will be using Airtable to document every stage of the procurement process. ##### [iv] _**Public Disclosure**_ - Transparency: Key details of the procurement process and the list of whitelisted providers will be made publicly available, respecting confidentiality agreements. We look forward to your final feedback and potentially seeking the framework in action! #### Voting For: Proceed with this framework, start discussions on PC Leadership Against: Do not move forward with this framework, it needs revision","['For', 'Against', 'Abstain']",1700951947,1701556747,154073208,closed,"[136281036.32331377, 1606852.1087498053, 14132017.14155571]","[[136281036.32331374], [1606852.1087498053], [14132017.14155571]]",152019905.5736198,1701558262,0xAD16ebE6FfC7d96624A380F394cD64395B0C6144 0xe968af3f6b06d386958e513c2285f72f7172aabd2661311a485270bab3b1c7db,Funding Gas Rebate and Trading Competition Program to Amplify Arbitrum’s Ecosystem Growth ,"Abstract: This Arbitrum Improvement Proposal (AIP) is presented with the vision of further enhancing the Arbitrum ecosystem following the Short Term Incentive Program (STIP). Acknowledging the STIP’s instrumental role in the growth of the Arbitrum ecosystem, this proposal seeks to extend its positive impact by introducing a gas rebate and trading incentive program created by Rage Trade, a native perp aggregator on Arbitrum. Through this initiative, we aspire to not only complement the milestones achieved by the STIP but also to significantly increase the influx of new traders into the Arbitrum ecosystem. Motivation: As the Short Term Incentive Program (STIP) kicks off, it sets the stage for the Arbitrum ecosystem to experience amplified growth. The STIP is poised to play a pivotal role in promoting on-chain activities and reinforcing key protocols. However, there is plenty of opportunity to intensify user engagement and participation, especially when considering innovative platforms like Rage Trade. This proposal is driven by the ambition to harness this potential, acting synergistically with the anticipated successes of the STIP. Through Rage Trade’s introduction of a gas rebate and trading incentive program, our objective is not just to elevate trading activity, but also to enhance the overall user experience, attracting and onboarding new traders to the ecosystem. This effort is geared towards empowering platforms that, in line with Arbitrum’s vision, are poised for growth but require additional support to maximize their contribution. Rationale: This proposal aligns with Arbitrum’s mission to foster a dynamic and engaged community. By allocating 100% of the grant funds to create a gas rebate and trading incentives program, Rage Trade’s platform aims to refine the user experience of traders while offering gas savings and trading incentives to stimulate a competitive yet cooperative environment. Specifications: A detailed breakdown of the platforms and technologies that will be used. Rage Trade Platform: As a prime broker and perpetual aggregator, Rage Trade unifies top decentralized perpetual exchanges across all EVM-compatible chains. It streamlines the trading experience by eliminating complexities associated with collateral and gas fund management, ensuring a faster, more efficient, and user-friendly environment for traders. Gas Tank Mechanism: The Gas Tank is a unique feature of Rage Trade that simplifies trading across different chains. Users deposit funds into their account, and a portion goes into the Gas Tank. This fund is then used to cover gas fees across various chains, eliminating the need for users to manage gas fees separately. Session-Based Trading System: Rage Trade employs a session-based trading system where users create a session that lasts for a specified duration (e.g., 7 days). This system reduces the need for manual transaction signing, making the trading experience smoother and more akin to centralized exchanges. Multi-Leg Trading and Auto-Populating Bridge: The platform allows users to create multiple trades from different chains and perps on Arbitrum, enabling them to spread risk and optimize execution. Additionally, Rage Trade handles all the bridging details, automatically selecting the best bridge or swap routes for seamless trade execution. Custom Route Selection: Users have the option to split their orders based on various criteria such as best execution price, lowest funding fees, or routes with bonuses like emissions or airdrops. This feature provides flexibility and optimization for trade execution. Aggregated Referral & Competitions: Rage Trade aggregates referrals and competitions across different perp protocols, allowing users to participate in various trading competitions and referral programs through a single platform. Incentive Distribution: The proposal involves the distribution of 1.5 million ARB tokens to incentivize trading volume on Rage Trade. The distribution will be structured to reward active traders and participants in trading competitions, fostering increased engagement and liquidity on the platform. Trading Competitions: A series of trading competitions will be organized, with ARB tokens allocated as prizes. These competitions aim to attract traders, boost trading volume, and create a vibrant trading community on Rage Trade. User Engagement and Performance Metrics: Rage Trade has successfully cultivated a dynamic user base, boasting 70,000 active traders who regularly engage with our platform. This robust participation is a testament to our platform’s appeal and functionality within the trading community. In addition to our active traders, we have nurtured a strong Liquidity Provider (LP) community, with 26,000 LPs contributing to our ecosystem. This substantial number of LPs underscores our platform’s reliability and the trust placed in us by those who provide liquidity, further cementing our role as a pivotal player in the Arbitrum ecosystem. Overall, our protocol’s historical performance not only demonstrates significant growth and adoption but also highlights our consistent delivery of value to our users, traders, and liquidity providers. These metrics are indicative of our integral position within the Arbitrum ecosystem and our potential to further enhance and expand our offerings with sustained support. Rage’s Perpetual Performance: Rage Trade v1 has experienced a remarkable market reception, evidenced by a staggering $735M in Total Trading Volume against Rage’s Total Value Locked (TVL). This impressive figure reflects the high demand and active engagement within our user base, showcasing the platform’s appeal and effectiveness. 962×642 21.9 KB Rage’s Vaults Performance: Our vault offerings, including the 80-20 Tricrypto Vault and GLP Vault, have achieved a notable peak TVL of approximately $19.87 million (at 100% max capacity since launch). This achievement highlights the trust and confidence users place in our vault products. At its peak, Rage Trade accounted for about 1.4% of the entire Arbitrum TVL, marking our significant contribution to the overall ecosystem. This percentage represents our substantial impact and the value we add to the broader Arbitrum community. The 80-20 Tricrypto vault, in particular, has demonstrated exceptional performance. Over its 10-month lifespan, it outperformed holding GLP by 8%. Specifically, from July 2022 to April 2023, the 80-20 Tricrypto vault yielded a 44% return compared to a 36% return from merely holding GLP, showcasing its effectiveness and profitability. Steps to Implement: The steps to implement the AIP, including associated costs, manpower, and other resources for each step where applicable. For the avoidance of doubt, any AIPs involving transactions with third parties (such as grants) will need to ensure that applicable legal documentation and procedures are also included. To implement this proposal, we will follow a structured approach, ensuring each phase contributes effectively to the overall goal. Here’s how we plan to proceed: Data Reporting and Transparency: Rage Trade is committed to transparency and will implement Dune dashboards for real-time tracking of all relevant metrics. These dashboards will ensure community members have access to up-to-date data, reflecting our progress and adherence to the commitments outlined in this proposal. This approach emphasizes our dedication to transparency and accountability within the Arbitrum ecosystem. Incentive Allocation: We will begin by using a portion of the ARB tokens for our gas rebate program to offset gas fees for our users. This will serve as the initial spark to ignite trading activities on the Rage Trade platform. Fee Offset & Trading Competitions: We will then allocate the remaining tokens to incentivize trading, including trade competitions and offsetting fees implemented by integrated perp protocols. The trading competitions will be strategically scheduled over time to ensure ongoing participation and interest. Regular Updates and Reporting: Throughout the implementation, we will continuously monitor platform performance, trader engagement, and community feedback. This will allow us to make real-time adjustments and improvements where necessary. To maintain transparency, we will provide the community with regular updates and reports. These will include key performance metrics and insights gained from the implementation process. Review and Analysis: At the end of the implementation phase, we will conduct a thorough review. This will involve analyzing successes, identifying areas for improvement, and extracting key learnings for future initiatives. By following these steps, we aim to ensure not just the successful implementation of the proposal but also to contribute valuable insights for the continuous growth and development of the Arbitrum ecosystem. Timeline: Relevant timing details, including but not limited to start date, milestones, and completion dates. The implementation of this proposal is structured into a 4-month period, with each month focusing on specific objectives and milestones: Month 1 - Initiation and Setup (Immediately upon approval): Allocation of ARB tokens to the designated multisig wallet to immediately initiate gas rebates and trading fee offsets. Setup of the Dune dashboard for tracking key metrics such as trading volume and unique traders. Announcement of the initiative and upcoming trading competitions to the community. Month 2 - Launch of Trading Competitions: Official launch of the first set of trading competitions. Active monitoring of trading activities and engagement levels. First monthly update provided to the community, highlighting early results and trader participation. Month 3 - Mid-term Review and Adjustments: Comprehensive review of the first two months, analyzing trader engagement and competition outcomes. Adjustments made to competitions and incentives based on feedback and data analysis. Second monthly update provided, including insights and any changes implemented. Month 4 - Final Push and Comprehensive Analysis: Continued incentivization and promotion of trading activities. Final monthly update provided, leading up to the comprehensive quarterly report. Preparation of the detailed analysis report, evaluating the proposal’s success based on predefined objectives. Post-4-Month Period - Evaluation and Reporting: Release of a comprehensive quarterly report, detailing the overall impact of the proposal on trading volume, trader engagement, and growth within the Arbitrum ecosystem. Evaluation of the initiative’s success and consideration of potential future actions based on the outcomes. This timeline ensures a structured approach to implementing the proposal, with regular updates and transparency. It allows for adjustments based on real-time data and community feedback, ensuring the initiative remains aligned with its goal of driving growth within the Arbitrum ecosystem. Key Performance Indicators (KPIs): To measure the success of achieving the grant objectives, we will focus on the following Key Performance Indicators (KPIs): Daily Volume: Aiming for a 30-day moving average of $10M in daily volume. Daily Traders: Targeting a 30-day moving average of 300 unique traders. Integration: Committing to integrate 1 or more perpetual DEXes per 2 weeks (accounting for audit time). These KPIs will serve as benchmarks to gauge our progress and effectiveness in utilizing the grant to drive growth and engagement within the Arbitrum ecosystem. Grant Breakdown: Rage Trade aims to leverage the grant to attract a substantial influx of users to the Arbitrum ecosystem, bolstering user interaction, transaction volume, TVL, and overall activity. Strategically, Rage Trade will allocate ~ 33% of the grant to gas rebates, with the other ~ 66% of the grant being directed towards offsetting integrated perp protocols’ trading fees and various trading competitions. The endgame is to amplify user onboarding and trading enthusiasm, resonating with genuine market dynamics. It’s crucial to clarify that rebate rates will be determined by the genuine fees incurred by users. If our partnering protocols grant separate rebates or rewards, Rage Trade commits to ensuring that the total sum of rebates will never surpass the fees accrued. Throughout this promotional phase, trade-to-earn schemes will not be entertained. Additionally, the Rage Trade team will vigilantly deter and counteract wash trading and Sybil-attack incidents. Offending addresses linked with such activities will be publicly disclosed and denied the associated rebates. Gas Rebates Explained: Once a week, traders will receive ARB tokens as a gas rebate, mirroring the gas fees they’ve incurred throughout the week. This rebate system ensures that users can trade more freely, knowing a portion of their gas fees will be returned. The gas rebate will be uniformly applied across all protocols integrated with Rage Trade on Arbitrum, ensuring fairness and consistency for all traders. The rebate amount a trader receives will be directly proportional to the actual gas fees they’ve paid, eliminating any potential for manipulative practices like trade-to-earn schemes. Fee Rebates Explained: ARB tokens will be rewarded as fee rebates to our traders every Friday, reflecting the fees they’ve accumulated over the week. This fee waiver will be consistently applied across all collaborating protocols. Traders’ rebate entitlements will strictly correlate with their actual trading fees, nullifying the chance for trade-to-earn practices. The rate of expenditure from the grant will be contingent on the volume of organic trading transpiring each week. The Rage Trade team pledges to continually identify and thwart wash trading and sybil-attack attempts. To safeguard the integrity of the campaign, the specifics of the anti-wash-trading & anti-sybil-attack measures will be kept confidential and will be communicated post-event, mirroring best practices employed in protocol airdrop launches. Example of Fee Structure Post-Reduction: If additional perps trading mechanisms in the Arbitrum realm are incorporated with Rage Trade amidst this campaign, the fee waiver will extend to those as well. Integrated protocol trading fee rates before and after reduction GMX V1: 0.1% → 0% GMX V2: 0.05% / 0.07% → 0% Overall Cost: The total cost to implement the AIP. The total cost to implement this AIP for Rage Trade is 1.5M ARB tokens. This cost is solely dedicated to funding trading competitions and volume incentives on the Rage Trade platform. The breakdown is as follows: Gas Rebates: 500k ARB tokens will be allocated for offsetting gas fees when trading perps on Arbitrum. Trading Fee Rebates & Competitions: The remaining 1m ARB will be used as trading fee offsets and trading competitions. There are no additional costs involved in this proposal. The entire 1.5M ARB token request is focused on directly incentivizing users and enhancing their trading experience on Rage Trade.","['Fund (1.5m arb)', 'Do Not Fund']",1699724106,1700328906,149430525,closed,"[13784562.713559736, 132369775.51088984]","[[13784562.713559736], [132369775.51088984]]",146154338.22444996,1700328919,0x9808E45C613eBA00bA18fB3D314dC4d4712c4A85 0xc040de9c6a85dee5ca15de10691165bf5595245ffac922cbef61e45199522345,Proposal to Backfund Successful STIP Proposals,"# Empowering STIP to measure the impact of incentives for new builders ![394a4797e0b4068e1290ae30aaf14db7e8b7ff72_2_1000x1000.jpg](ipfs://bafybeie62x7l7qgdl5vf2d2rqs5qvt6vrosprdun3qzr7alm4k66idntie) **Call to Action for Arbitrum ecosystem** This proposal represents a critical opportunity for our community to: * Support diverse, emerging builders and make Arbitrum a welcoming environment for new projects * Double the sample size and diversity of stages and categories in the STIP data set * Uphold constitutional values of Inclusion vs Exclusion * Avoid potentially irreversible harm of crushing small, high potential builders **Notes:** * This proposal draft has been prepared by the Arbitrum STIP Inclusion Working Group following a series of community calls and workshops involving various stakeholders. As a preliminary document, it seeks input from both the Arbitrum DAO and the Liquidity Working Group. * This proposal frequently cites AIP-9. * For all of our resources see here: [svy.gg/stip-backfund (DocSend)](https:/svy.gg/stip-backfund) # Abstract This proposal outlines a one-time backfund to all ""approved but not funded proposals’’ from Arbitrum STIP. The proposed AIP increases the total budget by 21.4M to 71.4M while increasing the total participating protocols by 26, for a total of 56 funded projects. The program plans to allocate DAO-owned ARB towards incentives while leveraging distribution systems, consensus, and delegate diligence already created from STIP 1. This program is designed to backfund approved protocols while maintaining the timelines and systems of STIP 1: * Timeline: The program is scheduled to commence and conclude concurrently with STIP 1, or within a similar timeframe, starting from the first week of November and running through January 31, 2024. * KYC: The program will utilize the same KYC system as STIP 1. * Reporting: Participating grantees are required to self-report data, maintain dashboards, and regularly summarize grant performance # Considerations Before this proposal was drafted, a working group was formed to gauge sentiment, gather key data points, and outline the proposal's structure. The working group collaborated with delegates and projects affected by the STIP, engaging in multiple calls—including sessions with the creators of the STIP and the Incentive Working Group—to solicit feedback and refine the proposal accordingly. Key concerns discussed include: ### Why not just push towards a round 2 and go through voting for all proposals again? First and foremost, we believe that the successful execution of this Backfund proposal will, in time, serve as a crucial catalyst for future grant structures, including a successful STIP round 2. Why? This opportunity will unify the Arbitrum ecosystem by addressing key weaknesses in the original STIP 1 structure by quickly providing approved projects and other stakeholders with the resources/data needed to design and support future programs. Key issues associated with delaying an immediate backfund and moving towards a round 2 include: * Proper design and execution add considerable time delay to a highly competitive environment within Arbitrum and other L2s * Requires teams with limited resources approved already for STIP 1 to spend significant time lobbying delegates * Removes attention away from new Round 2 proposals * Adds additional burden to delegates that should be focused on long-term design improvements and new STIP grants not yet approved * Removes key data for STIP experiment analysis by skewing learnings towards larger, well-established projects * Delays the alignment of the STIP with the Arbitrum constitution values of inclusivity and diversity * Negatively impacts new builder sentiment towards Arbitrum at a critical time in the L2 Wars ### The budget set aside was 50M, and the DAO decided that was the acceptable spend for a short-term incentive. While the budget was set at 50M, the original working group proposed 75M so that: > ""The budget was raised to 75M ARB to accommodate larger protocols (Pinnacle Grants) without compromising smaller applications."" [tnorm, September 3rd 2023.](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131/12) Excess demand was a significant possibility due to the high interest in STIP and the absence of a cap for Pinnacle grants. Voters lacked the data to ascertain whether the initial 50M would be adequate to achieve the objectives of STIP. Noteworthy is that, in the event of excess demand, measures including backfunding were already outlined as potential options. Proper design and fulfillment of a Round 2 or similar future funding programs may take time to develop. Meanwhile, projects that received approval but no funding have immediate initiatives requiring support. Our opportunity is to fund these initiatives, level the competitive playing field, and enhance the data available for the STIP process. ![3698b8811ac5887c127ab2bbfc94d7f6dcbd554a_2_624x285.jpg](ipfs://bafkreibtmidazgguawh6jfzjpsmn35br2qv3uba23zvdz3kffhdwc4hyj4) ![8487c56a2a8f7c7f6dd102ad36e9a20b7459b041_2_624x356.png](ipfs://bafybeihuzqen65up5nh4t666unrsu6i7mtdbazw2tcicvqewmmrx2j3zdy) ### Voting behaviors for a 50M proposal shouldn’t carry over to a proposal that includes the additional backfunded amounts. During our consultation process, we engaged in numerous discussions that brought forth questions about backfunding. Despite the criticisms, backfunding remains the most straightforward method to address the current STIP’s skewed sample size. We advocate that backfunding is the optimal approach to achieve the STIP’s intended outcomes—specifically, to examine the impact that incentives have on the growth of the Arbitrum ecosystem. Furthermore, if the STIP continues without rectifying the issues with its sample, the analysis will be compromised by a significant methodological flaw. Backfunding is not just the “best” option; it is essential for preserving the integrity of the STIP overall. Voting behavior might have differed if the budget cap were set at 75M or 100M. The only way to determine this would be to repeat the experiment with a raised cap (an option that is unfeasible as time travel has not yet been realized). It's helpful for us to remember the original objectives of the STIP: * To provide incentives to a diverse and inclusive group of Arbitrum projects. * To quickly establish an incentives program that is in harmony with Arbitrum's values and constitution. * To generate robust, meaningful data to shape the future design of Arbitrum grants for projects of all types and sizes. # Motivation > Motivation - A statement on why the Arbitrum community should implement the AIP. How can Arbitrum create an incentives structure to grow the ecosystem? STIP started when the community began investigating creative uses for incentives. A short-term program was devised to act quickly, collect data about how incentives are used by Arbitrum protocols, and learn from the results to design new programs and grow the Arbitrum Ecosystem. An unexpected budget problem caused many successful STIP applications to receive no funding. The real-world consequence of this mistake caused the STIP sample to be cut in half - but not at random. To determine the final STIP cohort, the applications were sorted by approval, which inadvertently skewed the sample towards incumbent protocols. This sampling bias is most egregious for collecting data about the smallest protocols; over 70% of Beacon grants were rejected due to the sorting algorithm that was used. Consequently, STIP may not be collecting sufficient data about new builders on Arbitrum. This AIP seeks to achieve STIP's original motivations by: 1) nearly doubling the sample size; 2) adding protocols across a broad array of industry categories; and 3) including protocols at different stages of development. This AIP will ensure an important builder population is included in the study, while increasing the validity of the STIP results. One of the most important questions facing Arbitrum today is how to grow the ecosystem and win the L2 Wars. STIP is a novel study on the impact of incentives for growing the Arbitrum ecosystem. In practice, the STIP excluded most new builders from the study, severely limiting the data that will be collected about the early stages of the builder pipeline. This AIP includes a broader range of protocols in the STIP study, ensuring that Arbitrum gets the data it needs about how incentives impact new builders in the Arbitrum ecosystem. It stands to reason that extending incentives to smaller projects could serve to incubate projects that grow into the high-usage dApps of tomorrow. Extending the STIP may not only increase the inclusivity of the program but also incentivize significant growth for the broader Arbitrum ecosystem at a lower cost per project, and this possibility is worth exploring. # Rationale `Rationale - An explanation of how the AIP aligns with the Arbitrum community's mission and guiding values` Arbitrum's community values highlight the importance of diversity, which increases the fitness of the entire Arbitrum ecosystem by representing the needs of many kinds of participants. The original work to design STIP was careful to consider how both large and small protocols would fare under the framework. However, the unexpected budget cutoff caused the sample to skew towards large protocols, which is at odds with the values of the Arbitrum community. The cost of falling short of this ideal is that STIP systematically overlooks the possibility that incentives might be uniquely interesting to small and new protocols. By failing to incorporate protocols at the first stages of the builders onboarding pipeline, Arbitrum will be unsure about how incentives operate among this crucial group of protocols. The Arbitrum community also values neutrality, which received careful consideration during the STIP design stages. It was well-understood that incumbent protocols were likely to prevail with their STIP applications - but it was hoped this would not preclude smaller participants from also being funded. Unfortunately, this wish for inclusion was not fulfilled and - unintentional though it may have been - funding was nevertheless distributed according to a ranking that was likely to favor incumbents. Again, despite the best efforts of the DAO and the STIP designers, the result was at odds with the values of the Arbitrum community. Above all, Arbitrum seeks to create and nurture a thriving ecosystem - and the DAO's values are designed to provide guiding values that will always trend towards the health of the ecosystem. When the values aren't met - even unintentionally - it is possible the best interests of the ecosystem aren't met, either. In the case of STIP, accidentally excluding Beacon grants falls short of the community values - which, in all likelihood, is a critical oversight that Arbitrum would benefit from fixing. # Key Terms: - Approved but not funded STIP proposals - AIP-9 - Backfund - Extension - STIP - STIP Round 1 - STIP Backfunded # Specifications: `Specifications - A detailed breakdown of the platforms and technologies that will be used.` Will approve funding of an additional 21.4M ARB through the end of January 31, 2024. Please note the STIP Backfund will leverage the multiple sections of [AIP-9](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131) such as [Specification section](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131#financial-proposal-5) and [Outstanding Questions and Concerns](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131#outstanding-questions-and-concerns-13) and specifically: * [Financial Proposal](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131#financial-proposal-5) * [Multisig Setup](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131#eligibility-and-evaluation-guidelines-7) * [Eligibility Requirements](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131#what-are-the-eligibility-requirements-6) and [Eligibility and Evaluation Guidelines](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131#eligibility-and-evaluation-guidelines-7). * [KPIs](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131#what-are-the-eligibility-requirements-6) Steps to Implement - The steps to implement the AIP, including associated costs, manpower, and other resources for each step where applicable. For the avoidance of doubt, any AIPs involving transactions with third parties (such as grants) will need to ensure that applicable legal documentation and procedures are also included.` ## Specific Recipients and Amounts for Backfund Proposal **We used data provided by https://www.raho.me/stip to determine which successful STIP proposals did not receive funding. This list is also available [via google docs](https://docs.google.com/spreadsheets/d/1e_HagHx883ezMlRKH3E0Ir6K_ZkoEEXzDIxPRHxKTng/).** Which protocols are included in this AIP? We used data provided by [https://www.raho.me/stip](https://www.raho.me/stip) to determine which successful STIP proposals did not receive funding. This list is also available [via google docs](https://docs.google.com/spreadsheets/d/1e_HagHx883ezMlRKH3E0Ir6K_ZkoEEXzDIxPRHxKTng/). ![01d44beaa8e7db92f79464c3287d20487f67320d_2_641x500.jpg](ipfs://bafybeibqp26s7rzgsegrd3y662hi6na3ziwijcjjxgvbl6kg2mptxctxsm) **Total ARB for backfund** - 21.4M ARB - 26 protocols | **Project** | **ARB Amount** | | --- | --- | | WOOFi | 1,000,000 | | Gains Network [1] | 4,500,000 | | DefiEdge | 200,000 | | Synapse | 2,000,000 | | ~~PancakeSwap~~ [2]|~~2,000,000~~ | | RabbitHole [3] | 1,000,000 | | Notional | 500,000 | | Rodeo Finance | 250,000 | | Magpie | 1,250,000 | | Stargate Finance | 2,000,000 | | Savvy | 200,000 | | Tales of Elleria | 50,000 | | Thales | 500,000 | | TIDE | 80,000 | | Solv Protocol | 150,000 | | Furucombo | 59,500 | | dForce | 1,000,000 | | Sanko GameCorp | 500,000 | | Ramses | 1,248,000 | | Vela | 1,000,000 | | Thetanuts Finance | 200,000 | | JoJo | 200,000 | | Wormhole | 1,800,000 | | Shell Protocol | 750,000 | | Realm | 300,000 | | unshETH | 375,000 | | StakeDAO | 200,000 | | WINR [4] | 38,000 | [1] Gains Network originally asked for 7M ARB, but reduced their ask to 4.5M ARB. See [announcement.](https://twitter.com/GainsNetwork_io/status/1712399633790497199) [2] PancakeSwap has removed their proposal from consideration because of KYC requirements. [3] RabbitHole's inclusion in backfunding would replace their proposal titled: [""Proposal: Grow Arbitrum & STIP Teams by leveraging Quest Protocol built by RabbitHole""](https://forum.arbitrum.foundation/t/proposal-grow-arbitrum-stip-teams-by-leveraging-quest-protocol-built-by-rabbithole/19185) [4] Currently, WINR will receive 462,000 of their ask - with backfunding WINR would receive 500,000. ### Overall Cost `Overall Cost - The total cost to implement the AIP.` Overall Cost - 71.4M ARB ## Projected Timeline `Timeline - Relevant timing details, including but not limited to start date, milestones, and completion dates.` _\*Note: Timeline may change based on option selected or amount of work needed to update and develop. For DAO proposals and voting procedures please see_ [_Section 2 in the constitution._](https://docs.arbitrum.foundation/dao-constitution#section-2-dao-proposals-and-voting-procedures) | **Phase** | **Date / Duration** | **Title** | **Description** | | --- | --- | --- | --- | | Phase 1: Temp check (1 week) | Th, Nov 2nd | Draft posted to forum| Discussion hosted on forum, revisions to draft, broader working group call and revisions to AIP.| || Mon, Nov 6th | Temp check posted to snapshot by sponsor delegate | Reconvene in forum to post results and conclude temperature check.| | Phase 2: Formal AIP and call for voting (3 days): | Tues, Nov 8th | Phase 3: DAO votes on AIP, on Arbitrum One (14-16 days): | Thurs, Nov 10th | Snapshot vote begins(submit to Tally) | During this Phase 3, the ArbitrumDAO will be able to vote directly on-chain on a submitted AIP. Vote to approve AIP for non-constitutional funding. Tally voting: Quorum ~71.4M ARB; greater than 50% voting in favor.| || Thurs, Nov 24th | DAO vote ends, results are final || | Phase 4: L2 Waiting Period (3 days) | Wait | Waiting period of 3 days; then schedule on-chain txs to disburse ARB |","['For', 'Against', 'Abstain']",1699365600,1699970400,148041803,closed,"[132414249.6843938, 48847543.35034749, 14380835.277159804]","[[132414249.6843938], [48847543.35034749], [14380835.277159804]]",195642628.31190002,1699970406,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x42f68a26ff5a5be692a80468a1d1885cf07d590836536f5169cc4b69f64f3f37,The Arbitrum Coalition,"Non-Constitutional Abstract TLDR: This proposal funds a coalition led by Blockworks Research, Gauntlet, and Trail of Bits in order to aid in turning Arbitrum DAO members’ ideas into reality for a term of 12 months. The Arbitrum Coalition is an organization initially made up of Blockworks Research, Gauntlet, and Trail of Bits. The Coalition aims to execute turnkey R&D work on behalf of the Arbitrum DAO. The Coalition’s mandate is to help steer the path from ideation in the forum to the optimal, efficient, and safe execution of proposals. In other words, being a steward in making the DAO’s visions a reality. The coalition will provide the necessary resources so that the DAO can make informed decisions. Motivation The Arbitrum forum includes many worthwhile suggestions, but often lacks the required research, coordination, design, and risk assessment to move forward optimally. For example, iterating on proposals, drumming up delegate awareness, and finding the necessary partners to execute an idea are often difficult tasks. The Arbitrum Coalition’s mandate is to help distill information and accelerate governance decision-making so DAO participants can make informed decisions. The Coalition has best-in-class experience/specialized expertise and personnel to execute on this venture and are all already notable contributors to the DAO. Areas of expertise include but are not limited to research, framework creation, risk assessment, secure code reviews, threat modeling, and testing enhancements.The Coalition will take the necessary steps to ensure the Arbitrum DAO has the resources it needs to accomplish its goals. As a case study demonstrating the need for the Coalition, there was a lot of discussion around returning tokens 3 accidentally sent to the airdrop address back to the recipients. However, there was no one to call on to look at the landscape of how other protocols deal with this issue, design and implement a mechanism, or take it through the governance process. Likewise, the DAO has seen multiple grant programs suggested but has not been able to assess what has worked or not worked for similar programs in the past from an objective perspective. A multitude of such cases can be seen over Arbitrum DAO’s short tenure. These are the exact roles the coalition will undertake for ideas that gain traction among DAO stakeholders. Had the coalition existed during the time of the STIP proposal, it would have played a pivotal role in alleviating many of the inefficiencies and challenges delegates faced in the process. Blockworks Research and Gauntlet would have been prepared to develop comprehensive resources in support of the program end-to-end. From simplifying the evaluation of proposals with concise explanations and quantitative analysis to simplifying the voting process for delegates, and ultimately eliminating the need for a second process aimed at finding a service provider to monitor and analyze the program once live, by doing it ourselves. While we did make modest contributions in this regard 4 [2 1], our commitment would have been backed by substantially greater resources. In addition, the Coalition would (and will, should this proposal pass) do its own analysis of how this STIP program performed (after the fact) and provide feedback and recommendations on how to improve it in the future. The Coalition would have advocated for streamlined voting methods in place of 105 separate votes and created efficient voting dashboards, reducing the reliance on last-minute community-funded solutions. While it’s a missed opportunity, it highlights the potential for future value. Additionally, complex mechanism designs like creating a permissionless validator set (BOLD) and sequencer design (timeboost) can be made more easily understandable for ARB delegates with support from the Coalition and researched impartially versus other potential solutions when proposals of this nature inevitably go on the forum. The Coalition will help community stakeholders make the best possible decisions when it comes to AIPs. For example, Trail of Bits will aim to review each onchain proposal’s source code to ensure it achieves what is stated. This code review ability is a feat many delegates cannot achieve on their own and will be extremely useful to enable competent voting. Blockworks Research will distill the competitive landscape and underlying technology and Gauntlet will be able assess potential risks to the Arbitrum ecosystem. An example that demonstrates the value the Coalition will provide relates to support decision-making for the Arbitrum Plutus DAO proposal to Activate ARB Staking 8. Adding an inflation rate to the token poses concerns around risks to the token, new independently created staking contracts would need to be audited, and it would be helpful if delegates had access to quantitative research surrounding how inflation has impacted other tokens in the past. The Coalition can work together to provide objective analysis, quantitative research, and, if desired by the community, audits and execution for this proposal and others like it. The Arbitrum Coalition will help the DAO reduce friction and operate effectively. Having three of the most experienced service providers in crypto best positioned and resourced to act at the behest of the DAO will be a tremendous value add. Rationale One key difference between Arbitrum and many other protocols is the immense power given to the DAO at token generation, which makes the DAO fully responsible for the coordination and growth of the protocol. Arbitrum’s impressive decentralization demonstrates that the DAO can’t rely on single entities such as Offchain Labs or the Arbitrum Foundation. Any steps taken to help create a robust decentralized ecosystem of service providers so that the DAO is not dependent on any single entity is a step in the right direction. This way if any one organization falls, is negatively regulated, or otherwise encumbered, the protocol continues to march forward. The Arbitrum Coalition is the first initiative toward this overarching goal. Additionally, the Coalition will aid in bringing more service providers subservient to the DAO. For example, it can be a steward in creating a methodology for other budgeted entities to come into existence. Other DAOs have a diverse ecosystem of service providers who help the DAO operate efficiently. The Coalition will be the first entity working towards this overarching structure such that over time the DAO will have an ecosystem of service providers executing on key roles like grants, development, growth, risk, legal, and more. This is a necessity in maintaining a truly decentralized and efficiently operating DAO. Two additional benefits to funding the coalition will be the professionalization of DAO undertakings and growth for Arbitrum. All representatives of the coalition are professional and will bring competent and effective work and communication into the DAO that should help proposals move along with less friction. Additionally, the entities involved have a combined audience of far over 500,000 and will be sure to produce public content on the work we do for the DAO to hopefully drive more users and developers into the ecosystem. The Coalition’s purpose is not to replace delegates, but rather to support, serve, and empower both them and the community as a whole with tools and deep insights to streamline effective decision making. Introduction to The Coalition Trail of Bits: Since 2012, Trail of Bits has helped secure some of the world’s most targeted organizations and devices. They combine high-end security research with a real-world attacker mentality to reduce risk and fortify code. They have worked extensively with Offchain Labs and performed over 1,800 hours of security review of Arbitrum through four focused engagements, including Nitro and Arbitrum V2. Many firms in DeFi, including Optimism, Balancer, Uniswap, and Compound 1 trust Trail of Bits expertise to help secure their code, and you can find many more in their Publications repository. They’ve succeeded in finding vulnerabilities in highly verified systems 1 and providing the best solutions regardless of whether they invented them. They are relentless about raising the baseline in the communities they work, and have developed and made freely available some of the most-used security tools, reference guides, and security 1 research in the industry. Gauntlet: Gauntlet 3’s quantitative optimization solutions drive rapid and sustainable growth for DeFi’s top protocols, DAOs, and ecosystems through research 2, reports 2, products 2, and bespoke engagements 4. Gauntlet has the longest track record in DeFi risk management, with a managed peak at $40+B for DeFi protocols such as Aave and Compound. Blockworks Research: Blockworks Research 1 is a team of analysts that delivers institutional-grade data-driven research and analysis for L1s, L2s, DeFi, and gaming/consumer applications. Our team is well-known in the industry for producing high-quality, actionable research reports and data dashboards covering various topics, including L2s, dApps, tokenomics, technical upgrades, emerging trends, governance, MEV, and market analysis. The team is divided into protocol-specific coverage so that our analysts are experts in their respective niches. Blockworks Research is a branch of Blockworks 1, a media company hosting conferences, podcasts, and an editorial site. Key Terms The Arbitrum Coalition (“the Coalition”): A group initially made up of Blockworks Research, Gauntlet, and Trail of Bits whose mandate is to empower delegates with resources for making the most informed decisions possible. DAO Advocate: A single designated entity that maintains the ability to direct the coalition’s efforts. Functions as a referee between the DAO and the coalition. We suggest L2BEAT fulfill the role of the Advocate as a proven good actor for the Arbitrum DAO given their contributions and status in the DAO. The advocate will receive a stipend of $8,000 per month for their work. The advocate’s main responsibility is ensuring the DAO’s best interests are met by the Coalition. Coalition Member Termination: Ultimately, and above all, this Coalition will exist to serve the Arbitrum DAO. As such, individual members of the Coalition can be considered for replacement if their service does not meet the standards of this proposal or the DAO’s expectation. In the scenario a Coalition Member is considered for replacement, the DAO will need to examine the list of alternative vendors as well as any new market entrants eligible for consideration and pass a vote through a Snapshot vote (reaching quorum) to stop the following payments to the vendor and replace said entity with a counterpart. The Coalition member will be considered terminated upon the vote passing. The same process may be executed in order to terminate and stop the stream of funds for the entirety of the Coalition and/or the DAO Advocate. Coalition Member Exit: As a malleable entity, if a member of the Arbitrum Coalition wishes to exit for any reason, they may do so by providing a two week lead time of departure and offer a list of viable replacements. Payments to the Member will stop 14 days after notice is given. Specifications The advocate will have the ability to call on the coalition for R&D efforts at their discretion and act as the DAO’s representative to ensure that the Coalition is working on the most value-added initiatives and providing beyond satisfactory value. The advocate will solely act on the DAO’s behalf and function as a facilitator. From analysis, to modeling, to payload the Coalition will tackle and streamline workstreams together. The roles of the Coalition include but are not limited to: Trail of Bits: Reviewing onchain upgrade proposals to ensure that they align with the design and specification of the proposal through whitebox source code reviews. This role is particularly important given the prevalence of governance attacks, as seen with Tornado Cash. When no proposal requires a code review, Trail of Bits will focus on building content to help review further proposals, including tools (dedicated Slither detectors, fuzzing harness, proposal state diff visualizer, … ) and educational material (tutorial, checklist, code walkthrough, …) Gauntlet: Will empower the Arbitrum DAO with an understanding of the optimal path for growth through our quantitative work. Decisions in ecosystems, specifically DeFi, benefit from design, research, and modeling to determine how to incentivize usage, maximize economic efficiency, protect systemic health, and plan for the future with rigorously validated insights. Examples of some recent work include Aave Killswitch 1, Uniswap incentive design 1, ongoing Arbitrum USDC migration 1, and Cost of MEV: Quantifying Economic (un)Fairness in the Decentralized World 1. Blockworks Research: Will provide objective data-driven research surrounding proposals to help delegates understand the context, competitive environments, and make more informed decisions. These reports may also be used as a tool for those writing proposals to improve their work. Additionally, Blockworks Research will function as the project manager handling logistics such as communication with the DAO and speaking with delegates. BWR is also able to input on mechanism design. The Advocate is not a part of the coalition and exists purely to facilitate the DAO’s interests and direct the coalition. The Advocate is a representative of the DAO. We believe it pertinent to get The Coalition stood up with haste and that Blockworks Research, Gauntlet, and Trail of Bits make up ideal initial members. That said, The Coalition is a malleable entity that can change, expand, and contract in domains and members as the DAO wishes. The Advocate as L2BEAT, likewise, should be looked at as a temporary seat that is always open to change. At the end of the 12 month period the domains and members should be reevaluated based on performance, lessons learned, and the adapting needs of the DAO as expected for the following 12 months. Projects The Arbitrum Coalition aims to provide the following services as a first priority Forum Proposal Review [BWR] Will provide impartial data-driven research surrounding proposals to help delegates understand the context and competitive environments such that they can make more informed decisions. These reports may also be used as a tool for those writing proposals to improve their work. The Advocate will direct the frequency and research topics of this work. Review on chain proposal code updates [Trail of Bits] White box security review of source code through a combination of manual and automated review, which may include a review the proposal for design flaws and identifying security and correctness properties Reviews do not include proposals that are initiated by Offchain Labs and the Arbitrum foundation. These proposals are already going through security reviews (including by Trail of Bits) Just-In-Time Quants [Gauntlet] Gauntlet’s Applied Research 4 and Risk teams will deliver quantitative review, research, and modeling or simulation for DAO proposals and initiatives relating to economic risk, design, or optimization. Arbitrum Ecosystem Risk Dashboard [Gauntlet] A public ecosystem risk dashboard, similar to Aave 3 and Compound 1, provides users, investors, and voters continuous visibility into market risk throughout the ecosystem. Market risk metrics will include Volatility, CEX/DEX liquidity, and Gauntlet Safety Ratings, to inform ongoing risk-return optimizations. Gauntlet will hold monthly Risk Training sessions on how to use the dashboard from deployment to adoption and beyond. Service Provider Onboarding Framework [BWR] Establish a framework that the DAO may choose to utilize as a tool for onboarding future service providers. The framework will include potential requirements and criteria; solutions for checks and balances; onboarding and offboarding processes for additional service providers including but not limited to legal counsel, operations, engineering, and marketing. All potential service providers can be thoroughly vetted by BWR, if the DAO chooses, ensuring sufficient staffing and resource availability. Following the DAO signaling an appetite for such an activity, Blockworks Research can propose and host a service provider onboarding process. The initial proposal will attempt to allocate a budget of ARB that service providers can then apply to receive a portion of through an RFP. The DAO will then vote which service providers to onboard. Recruiting, criteria, the process, budgeting suggestions, and facilitation can be handled by The Coalition. Though BWR is happy to take the proposal through the process, the DAO may opt to use the framework in any capacity it wishes, including ones that exclude BWR from future involvement. Project Management [BWR] Will handle communication with DAO surrounding coalition activities. Additionally, it will be the point of contact for DAO stakeholders and service providers. Blockworks is responsible for the overall execution of the coalition, documenting its success, escalating issues, and recommending solutions. Blockworks will maintain its own governance process to ensure continuity. Once the first priority services are met, the Arbitrum Coalition can provide the following. Though these are examples of activities that can be executed on, the DAO, through The Advocate, will have decision making power over the scope of the coalition’s work. Tooling Creation and Enhancement [Trail of Bits] Develop and enhance tooling to enhance the security of the Arbitrum ecosystem and its proposals, including: Specific static analysis bug detectors targeting code update. Develop fuzzing capabilities to test the validity of the new upgrade states and verify that the state changing will not break any invariant Visualize the state of the governance contracts, in particular: the state of previous proposals, current emitted and delegates votes, how the tokens are delegated, Visualize and verify correct encoding of values used in the governance contracts and the action contracts. Educational material [Trail of Bits] Provide educational material and guidelines for reviewing upgrades procedures, including: Tutorials, Checklists, Code walkthrough Research New Mechanisms [BWR] Objectively analyze and contribute to the design of new and existing mechanisms such as sequencers, fraud proofs, data availability solutions, and more. All research will be data and evidence driven evidence, where available. Projects to be prioritized by The Advocate. Delegate Engagement [BWR] Will create processes that incentivize delegates to be more active contributors to proposals rather than passive reviewers. For instance, a delegate incentives framework with accompanying requirements. Additionally, host regular cadence calls with delegates and those that authored proposals to work together on iteration. Growth Initiatives [BWR] Will produce content surrounding coalition activities. Blockworks Research’s podcast, 0xResearch, will feature a segment on a weekly basis throughout the coalition’s term that will discuss the latest updates in Arbitrum the protocol or governance. Additionally, Twitter threads and newsletter mentions will be regularly provided in order to attract more developers and users into the Arbitrum ecosystem. Costs The total cost of the coalition for the 1-year term will be based on the 30-day VWAP price of ARB on the day prior to the onchain proposal. One quarter of payment will be paid upfront to each Coalition Member, with a 274 day stream of the following ¾ starting 91 days from the AIP’s execution. The stream of funds will remain in DAO control and can be cut off at any time through an onchain DAO proposal. As of the ARB price on October 25th, this proposal is estimated to cos","['Fund The Coalition', 'Do Not Fund The Coalition', 'Abstain']",1699031243,1699636043,146775123,closed,"[75654740.65802632, 108120050.51454632, 56699087.02770899]","[[75654740.65802632], [108120050.51454632], [56699087.02770899]]",240473878.20028165,1699636268,0xA5dF0cf3F95C6cd97d998b9D990a86864095d9b0 0x1ac6079871dc4af55b7d67eae130e4c1bbcbabd9bb35405bc1733ef2efe45875,Consolidate Security Proposals into a RFP Process,"### Background Multiple security proposals are being introduced piecemeal; the Arbitrum DAO should not rush into anything but work together on an inclusive RFP framework. ## Introduction The security of smart contracts is of utmost importance in the Arbitrum ecosystem. To ensure the highest level of security, we propose implementing an RFP structure for smart contract security auditors. This proposal aims to establish a process for onboarding security service providers and then selecting them on a per-project basis in a transparent, fair, and efficient manner. The process will be open to all security engineers, researchers, and organizations. ## Proposal The Arbitrum DAO shall issue an RFP for security services. The RFP will outline the requirements for security professionals, including their experience, qualifications, and methodology. The RFP will also specify the scope of the security services needed, the timeline, and the compensation rates for various project categories. [RFP Details TBD] ## Selection Process The selection process will be based on the following criteria: Experience and Qualifications: Security researchers must have a proven track record of conducting smart contract security audits and/or tooling development. They must have experience with the Arbitrum ecosystem and be familiar with its unique features. Methodology: Security researchers must have a rigorous audit and tooling SDLC methodology. They must be able to identify vulnerabilities and provide recommendations for remediation. Price: Auditors must provide a competitive price for their services. [Standarized Metrics for rates TBD] The selection process will be overseen by a committee of experts appointed by the Arbitrum DAO. The committee will review the proposals submitted by auditors and select the most qualified candidate based on the abovementioned criteria. ## A Call to Action Implementing an RFP structure for security services will ensure the Arbitrum ecosystem remains secure and resilient. By establishing a transparent and fair service provider onboarding and project selection process, we can attract the best professionals and ensure they are compensated fairly for their services. We urge the Arbitrum DAO to consider this proposal and participate in the conversation, as the current state of the proposals is unmanageable, rushed, and exclusive. ### Voting For: Yes, invite security orgs to collaborate with the DAO on a RFP. Against: No, each security org should create its own proposal. Please join the discussion on the [Arbitrum Forums](https://forum.arbitrum.foundation/t/rfc-consolidate-security-proposals-into-a-rfp-process/19328)","['For', 'Against', 'Abstain']",1699029266,1699634066,146767723,closed,"[186941097.9039315, 460312.2025068188, 142421.63659919926]","[[186941097.90393153], [460312.2025068188], [142421.6365991993]]",187543831.7430367,1699634596,0xAD16ebE6FfC7d96624A380F394cD64395B0C6144 0xd295aabe7d3072c4397957e329ba164025c81e5844814388188bd2875d51e447,Non-Constitutional AIP: Arbitrum Security Enhancement Fund,"## Abstract Home to some of the best smart contract security researchers in the market and one of the strongest Developer Relations teams in the industry - professionals in Cyfrin come from backgrounds like Chainlink, Compound, Alchemy, Aragon, WorldCoin, Microsoft, Google, and other popular FinTech companies. Through this proposal, Cyfrin would like to request $2M to improve and foster the security and longevity of the Arbitrum ecosystem. We will do this through launching the Arbitrum Security Enhancement Fund dedicated to sponsoring audits for Arbitrum projects. ## Motivation Blockchains solve global issues no other technology today has been able to solve: verifiable accountability, unbiased data exchange, trust without intermediaries, online ownership, permissionless transactions, global identities, to name a few… Yet, until Web3 is safe, it is not scalable. In July, total losses in the DeFi sector breached $77B according to a report from CryptoSlate. In 2022 alone, DeFi experienced hacks resulting in losses of over $3.1B. In 2023, a staggering $2.3B has already been stolen, indicating a trajectory higher than the previous year. This is a security problem, a best practices problem, and a branding problem - rightfully keeping away institutions and users from a world-changing technology. Not solving this makes any effort of making web3 mainstream, vain. ![7dbb9b4b71e82d06bc9ed50d172fbd4f740875d5.png](ipfs://bafkreig3zhjhipa7wcbmrhahe3smkhj6ytridrczvc4gizwkkkliyordde) Every time there is a hack on an Arbitrum project, both the Arbitrum ecosystem and the entire industry, suffer. Getting this right increases adoption at scale. Value exchange technologies without developers capable of using them appropriately have a hard time succeeding. Value exchange technologies with developers and protocols lacking security best practices create an unsafe environment for everyone participating. – The future of crypto hinders on projects prioritizing smart contract security. Cyfrin commits to leveraging our team of industry experts to strengthen, support, and secure Arbitrum’s ecosystem and its developers. ## Rationale Leveraging our auditing, engineering, and educational skill sets, the Cyfrin team will keep projects built on Arbitrum and its users safe. Through this proposal, Cyfrin aims to contribute to the long-term success of the Arbitrum ecosystem through attracting incoming TVL for the Arbitrum ecosystem, gain user trust, and show traction to potential future investors. Laser-focused on Web3 security, Cyfrin is a market leader in smart contract audits. Cyfrin offers everything from private audits to competitive public and private audits, as well as a multi-phase auditing approach we’ve designed to ensure stronger security guarantees. ![eef6f8ad9af263c4f7d23396654d6993e05d7dcd.png](ipfs://bafkreigtdj7fs7vq3fy2jdavaghommp3ha5vrtd4727gvrqhmwipf6uptm) Additionally, you may find case studies for Oku Trade and SudoSwap to learn more about how Cyfrin works. Some testimonials from clients: “It was a pleasure to work with the Cyfrin team. Their approach to security and meticulous testing is exceptionally thorough. Additionally, their intimate knowledge of the Chainlink protocol made them particularly useful for our audit.” - Getty Hill, Oku Trade Founder “Working with Cyfrin feels like a true partnership — they are just plain good at what they do and above all are as motivated as anyone to move our industry’s security practices forward” - Beanstalk “Working with Cyfrin was a good experience, they kept in touch throughout the entire audit, and also followed up post-launch. Competitive with the best of the firms."" - 0xmons from Sudorandom Labs Through this proposal, we’re asking Arbitrum to fund a Security Enhancement Fund to audit projects built on its infrastructure. The fund will allocate funds to private, competitive, or multi-phase audits for projects built on Arbitrum. Cyfrin will power the long-term success of Arbitrum protocols, so protocols feel safer going to market and users more comfortable interacting with the Arbitrum chain. ## Key Terms Audit: An audit is a service where a security researcher reviews a codebase in depth with the intent of finding potential vectors for exploitation. Once completed, a report is presented to the protocol to fix any potential vulnerabilities found. Private audit: A team, consisting of usually 2-3 security researchers, spends weeks looking at a protocol’s codebase with the aim of finding the most critical exploit vectors in a codebase, as well as perform architecture analysis, fuzz testing, improvement pull reviews, etc. Public Competitive Audit: An audit where hundreds, if not thousands, of security researchers review a codebase and compete for funds in a set reward pool based on the complexity of vulnerabilities found, its impact, and its uniqueness. Private Competitive Audit: An invite-only audit where a protocol invites top-performing auditors to review their code and compete in community driven audit competition. Multi-Phase Audit: a new, innovative model known as the Diverge-Converge Multi-Phase Model. Crafted to maximize the quality of audits, a critical aspect in the Web3 space, by strategically incentivizing auditors and ensuring that the protocol codebase goes through at least three comprehensive auditing phases, enhancing the protocol’s ultimate security. ## Specifications The entirety of the funds will be allocated towards funding security reviews for protocols, including the costs to run the audits, hire auditors, promote contests, bring judges, do customer support, and competition moderation. The Fund will match up to 60% for the audit requested. The remaining amount will have to be paid by the project itself requesting for funding. This is mostly to weed out projects just looking for a free audit, ensuring we’re truly enabling long-lasting impact for the ecosystem. The one exception to this rule is projects who are already deployed on Arbitrum and who can prove a high number of active users, total value locked, or who provide user retention and stickiness across the Arbitrum ecosystem as a whole. Establishing the details of what “high” means in this case will be a task of the Allocation Committee once formed. These audits may come in the form of competitive audits, through our CodeHawks platform, private audits through our security research team, or through our multi-phased approach combining the above. ## Audit Types Competitive Audits CodeHawks, one of the leading competitive auditing platforms in the market and home to some of the top security experts in the industry, enhances the security of protocols through community-driven smart contract security reviews. On CodeHawks, hundreds of auditors study, test, stress, and review the same protocol’s codebase for a defined amount of time - finding bugs and potential exploit vectors. Auditors then submit the findings to the platform for judge review and monetizing based on the vulnerabilities uncovered. Private Audits Private audits, an option tailored to yet-to-be deployed, and already-live protocols. A hand-in-hand relationship between protocol’s engineering team and our security research squad is formalized to uncover vulnerabilities and support developers with state-of-the-art best practices guidance. Through constant communication, the protocol’s engineering team is able to revise vulnerabilities as soon as they’re found - ensuring the team can start working on fixes immediately. Auditors also provide architecture analysis, fuzz testing, improvement pull reviews, specific knowledge like formal verification, code smells, testing feedback, etc. Multi-phase Audits Designed for large and more complex protocols, the Multi-Phase audit approach has the stronger security guarantee of them all since it encourages the protocol to go through several audit phases before completing the final report. To learn more about the Multi-Phase Audits, review here. ![94de3d610083fec1fdc4d0cd35c1720832865f5b.png](ipfs://bafkreiauxpn2v4ymg4djs22mshbdtzucp73zr62byswrmto5dzr7fzqloq) ## Allocation Committee The Allocation Committee is the group responsible for determining which projects should receive audit funding. Cyfrin will lead the charge of setting this Committee up within 2 weeks of proposal approval. The multisig account for the Allocation Committee will contain 5 people (3 from Arbitrum’s side, 2 from Cyfrin). Each team (Cyfrin and Arbitrum) will select who from their organizations will represent them in the Allocation Committee within 10 days of proposal approval. Once composed, the committee will determine any additional eligibility criteria and share them with the community before opening up the application funnel. The application funnel should open within a maximum of one month post proposal approval. Additionally, the Allocation Committee is responsible for defining the appropriate application process and reviewing applications on a recurrent basis. The process for reviewing these applications, as well as how often the Committee meets will be determined by the members based on the amount of applications received and their complexity. We saw the community gather together under the STIP proposal and would like the same community participatory process to guide the direction of how the fund allocates the distribution. It’s a discovery process that we will run, partnering with Arbitrum to validate findings and iterate repeatedly. ## Eligibility criteria for protocols applying to the Security Enhancement Fund The Security Enhancement Fund aims at improving the security of all projects that have already deployed or will be deploying into the Arbitrum chain. Any protocol that adds value to the Arbitrum ecosystem across DeFi, Gaming, DAOs, or social projects, real world assets tokenization, track and trace solutions, or any other track, bringing a healthy and sustainable contribution to the ecosystem, is welcomed to apply. Projects should have already deployed to Arbitrum mainnet to apply, although exceptions can be made for: Protocols who commit to deploying on Arbitrum within 6 months of the audit - if this is the case, the code being audited must be deployed exclusively on Arbitrum for 6 months before launching elsewhere. The Allocation Committee will determine when taking such a risk is worth the assessment. Protocols who already have deployed and gained traction on other chains, looking to deploy to Arbitrum as well - if this is the case, information regarding the protocol’s TVL, active user base, and Arbitrum strategy should be shared in the application for review by the Allocation Committee. ## Ineligible Projects In an effort to keep the Arbitrum ecosystem secure and sustainable, we comply and leverage Arbitrum’s guidelines 2 to determine which projects are ineligible to apply for the Security Enhancement Fund. Additionally, the Allocation Committee may establish additional guidelines for ineligible projects. ## Security Enhancement Fund Distribution The 100% of the funds from the Security Enhancement Fund will be used to audit Arbitrum projects. The fund allocation per project will cover 60% of the protocol audit, expecting the protocol to cover the rest. The reasoning behind this is to ensure only protocols serious about their long-term growth get audited. However, an exception of sponsoring 80% of the audit could be made for unique situations as established by the Allocation Committee, like for a protocol amounting for large ecosystem growth or a large protocol deploying to Arbitrum. This makes it extremely convenient for protocols built on Arbitrum to enhance the security of their codebase and protect users’ assets. Audit prices are aligned with industry standards and calculated based on the complexity of the codebase under review. For competitive audits, the prize pool is calculated as approximately $30 multiplied by the number of lines of code in the code base. For private audits, the cost is calculated as $60,000 multiplied by the number of weeks required by the auditors to read, understand, and review the code base in scope. The time required for each audit is evaluated before the security review by the lead auditor assigned to the project and will be made publicly available to the community. Protocols are permitted to undergo one or multiple smart contract security reviews per protocol update. The number of reviews is determined based on the codebase size, as indicated below: For codebases or protocol updates with less than 5000 nSloc, security reviews will be limited to 1 per type. For codebases or protocol updates with more than 5000 nSloc, security reviews will be limited to 2 per type. nSloc is an objective measure and industry that stands for Normalized Source Code. Calculated reducing all multiline functions declarations to a single line, removing all comments and empty lines and counting the remaining number of lines of code. Whatever allocation we don’t spend, at the end of the year we will return to the DAO for further use. ## Steps to implement Within the next year, the Cyfrin team commits to: 1. Technical implementation of creating the Allocation Committee’s multisig and define its members 2. Allocation Committee details eligibility requirements and allocation criteria 3. Define and implement process for protocols to apply for audits alongside the Allocation Committee 4. Review applications and start distributing funds strategically for protocols who meet the criteria 5. Pair auditors with protocols 6. Kick-off auditing process 7. Amplify the Security Enhancement Fund as a great reason for projects to choose Arbitrum as their L2 of choice, as well as promotion of the protocols Cyfrin audits 8. Final report to protocols – Keep in mind, this process may vary depending on whether the protocol is undergoing a private, competitive or multi-phase audit. ## Team Patrick Collins: Cyfrin’s CEO and former Lead of Chainlink DevRel, Patrick revolutionized the industry onboarding hundreds of thousands of developers into web3 with its courses and speeches, with more than 3 million views on his courses and ~160.000 subscribers across platforms. Alex Roan: Cyfrin’s CTO, Alex is a veteran Web3 developer who has contributed to core DeFi infrastructure such as Chainlink and Compound - securing billions of dollars in value. Hans Friese: Cyfrin Lead Auditor and Co-founder, Hans is one of the world’s top auditors, consistently ranking at the top within competitive auditor leaderboards 2. He is also the founder and Lead Engineer of Solodit, the most used vulnerability aggregator tool for auditors. Don Dodge: tech veteran with a past in Google, Microsoft, Groove, Napster, AltaVista, and more. Startup investor, advisor, and board member. Mark Scrine: previously the Strategic Lead for Proof of Reserve at Chainlink Labs and led a number of their biggest integrations. These included protocols such as TUSD, Matrix Port, Avalanche Bridge, BackedFi, and Swell Network. Developer Relations & Marketing: Our industry leading DevRel team will work together with the Arbitrum’s community to promote, educate, and onboard auditors into the Cyfrin ecosystem, advocating for audit quality for protocols. Additionally, through Cyfrin’s Education platform, our DevRel team is brewing the next generation of software engineers into the space with Arbitrum as their L2 of choice. Composed of 6 people total, here’s an example of some of the leaders in our team: Vitto Rivabella, formerly leading Developers Experience at Alchemy, the popular Web3 infrastructure provider, and Alchemy University, educating tens of thousands of Web3 developers. Web3 educator, investor, developer, public speaker and a former VFX supervisor. Juliette Chevalier, former Lead of Developer Relations at Aragon and Co-founder of Surge Women, an organization bridging the educational gap between women and crypto products. She is also a key contributor to various DAOs, angel investor, software engineer, and public speaker. Community Manager: Our Community Manager will foster peer-to-peer relationships and manage technical support for the students going through the Arbitrum courses - a vital resource for community members seeking assistance and supporting CodeHawks auditors to do their best work. Design: Our design team will create visually engaging and user-friendly materials, enhancing the overall learning experience for the Abitrum developer community and CodeHawks auditors. CodeHawks Team: The CodeHawks team together with Cyfrin will run, promote, judge, support and moderate the competitions and the community, onboarding and assisting the protocols looking to onboard on Arbitrum. Once the team has made sure the protocol respects the eligibility criteria, they will manage the entire cycle from start to finish. This includes sales (answering to active inbounds, and protocols suggested by the community), contest details, marketing, judging, and final report submission. Audit Team: Our team of security researchers are experts across a variety of fields like DeFi, oracles, Web3 social, and more. They come from the industry’s top auditor leaderboard and are dedicated entirely to the private audits. ## Cost The budget for this proposition totals $2 million. The entirety of the funds is dedicated towards the sponsoring of audits for protocols deployed or deploying on Arbitrum. The entirety of the funds will be expected upon proposal approval to maintain a rapid response to audit requests and safeguard protocol integrity. Upon the onchain approval of the proposal, these funds will be transferred to the Allocation Committee’s multi-sig, as set up by Cyfrin containing the 2 Cyfrin Committee representatives. The multi-sig’s first transaction will then add the 3 Arbitrum representatives before transferring any funds to protocols. Additionally, Cyfrin suggests the Allocation Committee reimburses the DAO quarterly in the event that the minimum expected capital for that quarter ($500,000) isn’t spent within that time period. This will also enable a tangible oversight mechanism for the DAO to ensure Cyfrin is doing the expected work. ## Why $2M? At an average cost of $60,000, sponsored at 60%, $2M would cover anywhere from 20-25 audits in the span of a year. Although the cost of an audit varies widely based on codebase size, complexity, and audit type, audit prices typically range between $30,000-$100,000, with an average audit being ~$60,000. Assuming the Fund covers 60% of the audit, $2M are estimated to cover anywhere from 20-25 audits within the span of a year. Additionally, 70% of the fund will be used to cover existing protocols on Abitrum, with the remaining 30% used to cover new protocols launching on the chain. – Important to note that in order to have the best possible security for a protocol, projects often go through 2 or more audits - including private and competitive audits. Particularly for complex projects already holding a high TVL, a multi-phase audit is highly advised to decrease the chances of an exploit to an absolute minimum. Considering Arbitrum is believed to have 1.2M total commits and over 1,100 Arbitrum repositories, with over 450 active developers, this fund would cover ~10% of Arbitrum’s development. https://www.developerreport.com/ecosystems/arbitrum ## Framework on payments, reporting, and oversight Cyfrin pledges to publish financial reports to the DAO to uphold transparency and accountability every quarter, outlining expenditure details, audits funded, decisions made, and progress updates. These reports will be posted in the Arbitrum DAO’s forum for the DAO to periodically review. Snapshot has a maximum character limit. You can read the rest of the proposal on IPFS here: https://bafybeieamtixt3tpeajimfkye5utfdh6m3sy6y5drzz7bgdx4ilbgxubza.ipfs.dweb.link/","['For', 'Against', 'Abstain']",1698964793,1699569593,146518501,closed,"[32422545.318284705, 70060969.2219332, 20027173.12291615]","[[32422545.318284705], [70060969.22193319], [20027173.12291615]]",122510687.66313587,1699571377,0x190473B3071946df65306989972706A4c006A561 0xf22530295daee96dffd7f70854475c06216a4d3594929672f71c12bf638bb0c8,Proposal: Activate ARB Staking,"**Changes Based on Feedback Since the Temperature Check Version (posted 20th Oct)** - For simplicity and security reasons, decided to forego the token mint aspect of the proposal entirely and fund staking with a treasury request instead. Using the mint to fund staking was deemed too circular and not a necessary step based on feedback. - Added the idea of the ‘Arbitrum Coalition’ as a potential key partner to gather data and monitor the impacts of this staking mechanism over the next 12 months with the end goal of using these insights to refine the ARB staking mechanism further. This collaboration is reliant on the Arbitrum Coalition’s conditional funding. - Added an additional 1.25% voting option - Clarified that voting will be ranked choice voting with five different options **Changes Based on Feedback Since the RFC Version** - Added several options for voting - 1.75%, 1.5%, and 1%. Examples of APRs at different ARB staking percentages can be found later in the proposal. - The maximum lock penalty % has been changed from 80% to 60%. - Suggested that the implementation details (selecting a vendor and auditor) will be decided in a further proposal # Abstract The Arbitrum DAO treasury is growing rapidly, yet that growth is not currently being shared with token holders. The Arbitrum DAO treasury address holds 3,54B ARB tokens, and an unexpected $69,4M of unclaimed individual ARB airdrops were recently returned to the DAO treasury. The treasury is exceptionally well funded, and it’s important to note that the DAO fully controls the usage of the Arbitrum DAO treasury and that all surplus revenues belong to the DAO. This includes sequencer revenues. We believe that the Arbitrum token needs a staking mechanism. We propose creating a mechanism that distributes ARB to token lockers. A locking mechanism would incentivize long-term token holders and become a fundamental building block for future token utility proposals (e.g., distributing sequencer revenues). Along with creating a locking mechanism, we propose requesting 1.75%, 1.5%, 1.25% or 1% of the total ARB token supply from the Arbitrum DAO treasury and distributing this over 12 months through the proposed locking mechanism. The final amount would be decided with a Snapshot and that decision cemented on-chain with a Tally vote. We suggest that the ‘Arbitrum Coalition’ gathers data and monitors the impacts of this staking mechanism over the 12-month period and potentially audits the contracts if funded in time. Of course, this relationship is reliant on both proposals passing and the DAO and Coalition Advocate supporting the scope of work for the coalition. The goal is to use these insights to give the DAO the data and tools to refine the ARB staking mechanism further. It is important to note that this proposal is entirely separate from the ongoing liquidity incentives framework and grant discussion. Both can and should co-exist - Arbitrum should have a functional grants framework and a staking mechanism. The Arbitrum DAO STIP program has recently concluded, and 50M ARB tokens will enter the market over the coming months. As proposed here, a supply sink through staking would benefit the Arbitrum ecosystem as a whole. In the discussions over the previous months, we’ve seen the legal aspect be a deterrent to sharing value with ARB token holders in the form of revenue. The way we are proposing the staking mechanism through using existing treasury funds to reward lockers in ARB is the most palatable option from a legal perspective, as it does not involve sharing revenues. It also does not rule out the possibility of later moving on to a model that allows for other value accrual methods to the token. Should our proposal pass, when additional value accrual methods are proposed and the legal landscape is more mature and better understood, the process will likely be much quicker since a staking mechanism is already in use with audited contracts in place. We thank the following delegates and others for their valuable feedback while drafting this proposal. Westie from Blockworks Research Coinflipcanada And several others # Motivation The Arbitrum ecosystem would benefit in multiple ways from a staking mechanism that is constructed to heavily align incentives with those most aligned with the ecosystem long-term. While staking mechanisms are familiar and a mainstay across DeFi, sustainable models and their impact on the token in question have been scarcely studied. These staking mechanisms are often poorly designed and have rampant inflation that negatively affects the token. Regarding staking mechanisms, there are few examples to model after in the Layer 2 token space. We propose that the Arbitrum ecosystem takes the first step in this endeavor and leads the way - as it already does in many other verticals. We believe that to construct a long-term staking mechanism that is sustainable, there is first a need to gather actual data that is strictly specific to the Arbitrum ecosystem and the ARB token. Because of this, we propose that the ‘Arbitrum Coalition’ monitors the effects of this 12-month staking experiment and provides quarterly updates on the impacts of the mechanism through dashboards and qualitative reporting. After the 12-month staking experiment is over, we suggest that the DAO funds the ‘Arbitrum Coalition’ to produce a comprehensive report with results and recommendations on what they believe is the most sustainable way forward in building a staking mechanism and incentive model that is sustainable yet attractive for the ARB token. The expertise of the ‘Arbitrum Coalition’ is perfectly suited for analyzing the results of this experiment, given that Gauntlet is an industry-leading authority in tokenomics design, Blockworks spearheads the industry’s research efforts and Trail of Bits is a top-tier security organization. To read more about the Arbitrum Coalition, please visit their proposal here. # Broader Implications for Arbitrum This proposal passing would have extremely positive implications for the entire Arbitrum ecosystem. Having a native staking model that the DAO officially approves would be likely to have the following consequences: - Significantly increase interest in Arbitrum and the ARB token - Allow for composability around an ARB token that can earn yield - Reward long-term aligned stakers with yield while penalizing mercenary capital and short-term actors - Positively differentiate ARB from any other L2 tokens and bring the spotlight back to Arbitrum - Offer a first step and infrastructure towards introducing different forms of revenue sharing in the future These are some of the benefits that will likely result from having a staking mechanism; however, verifying these predictions’ accuracy by an independent third party such as the ‘Arbitrum Coalition’ is important. These hypotheses cannot be truly verified without actual data, highlighting the importance of a 12-month trial period for staking. # Benefits for Users By introducing a staking contract that responsibly distributes the allotted amount of tokens to users who are willing to lock their ARB, the incentives are aligned in a way that rewards those parties most loyal to the Arbitrum ecosystem. This includes long-term holders of ARB and DAOs that have received an airdrop and are willing to lock their tokens. The figures below detail possible APRs for stakers at different staked percentages if 1.75%, 1.5%, 1.25% or 1% of the total supply was distributed annually. The current circulating supply of ARB is approximately 1.275B. ![87f8dc9e506d60ebd15f3098d0ff626ee8453c71.png](ipfs://bafkreifv3akc3qub3mmknewbcjwchy2vc7astm2wp33occluoj4r576lu4) # Specification - The ARB staking contract will allow users to lock their ARB for up to 365 calendar days. A user’s weight is proportional to their lock time. - Users may increase their lock times. - Users may pause their lock times (meaning the time to unlock does not increase this saves having to relock continuously) - Users may have many independent locks. - Users will receive and may claim ARB emissions according to their weight. - Users may exit their lock for a penalty between 0-60% of their lock amount, linear vs. lock time remaining (365 days remaining would mean a 60% penalty, and 0 days would be a 0% penalty). This penalty is shared between remaining users according to weight. Example usage: ARB locker - The user locks 100 ARB for 365 days. - The lock weight formula is (ARB amount locked * lock time / 365) - Their ARB lock ‘weight’ is currently 100 (100 ARB * 365/365). - All rewards are distributed based on a user’s weight / the total sum of all the users’ weights. - After 182.5 days, the user will have a lock ‘weight’ of 50 (100 ARB * 182.5/365). - At this point, they may increase their lock time, do nothing, or withdraw. - The early exit penalty is (0.6 * lock time / 365)%. - For a lock time of 182.5 days, the penalty is, therefore, 30% of the locked amount - if the user were to withdraw now, they would receive back 70 ARB. - ARB staked in this contract will still have voting rights and can be delegated - voting power will not be diminished by a shorter lock length # Frequently Asked Questions 1. Why a locking mechanism? A locking mechanism allows users who are long-term believers in Arbitrum to signal this belief through their actions and get rewarded for it accordingly. Locking for longer is always optional - users may lock for any time period. One year is a reasonable lock time compared to the previously popular 4-year locking model. A one-year lock is not too long to the point of disincentiving locking, as users can choose the lock duration. Not only does this give individuals optionality and a mechanism to earn a native yield on their ARB tokens, but it also gives protocols that were a part of the DAO airdrop or have otherwise accumulated ARB a mechanism to earn on their treasury. 2. What are the consequences of this proposal? Ultimately, this proposal introduces utility to ARB and gives users more incentive to hold. In addition, long-term believers will be net increasing their network share, which sets up a base from which we can build further proposals for ARB value accrual without worrying about the distribution mechanism. 3. What would this staking mechanism mean for delegation? From a user standpoint, it’s important to note that the ARB staked in the proposed contract will still have voting rights and can be delegated - voting power will not be diminished by a shorter lock length. The staking contract will be upgradeable and controlled by the DAO - this ensures that the DAO can pause this distribution at any time. # Summary As it stands today, ARB has no native utility or yield. We propose approving the creation of the staking contract detailed above and distributing an equivalent of 1.75%, 1.5%, 1.25%, or 1% of the total ARB supply from the DAO treasury to the staking contract. These tokens would be distributed over a 12-month period, during which the ‘Arbitrum Coalition’ could - pending their proposal passing - monitor the impacts of the proposed staking mechanism and draft a report and recommendations by the end of the period. Note that the Arbitrum Coalition proposal is entirely separate yet synergistic to this proposal. The passing of either proposal is not conditional on the other proposal’s performance. It’s important to highlight that to move toward a final and refined version of value accrual to the ARB token, trial and experimentation is required. We believe there is a strong need for actual data from a live staking mechanism, such as the one suggested in this proposal, from the unique context of Arbitrum’s growing ecosystem to make more informed decisions on what the ultimate mechanism for ARB staking and value accrual might look like. Innovation has always been Arbitrum’s forte in both technical advancements and building a vibrant community - we believe that the approach to building a cutting-edge staking model for ARB through trial and experimentation is a logical way forward. # Timeline This proposal will follow the official lifecycle of an AIP detailed here. Please note that this proposal is a non-constitutional proposal. The suggested timeline can be found below. Week 36-37 - Forum post, request for comments and feedback (Complete) Week 43-44 - Temperature check forum post & Snapshot poll (1 week) Week 45 - Formal AIP and call-for-voting (3 days) Week 45-46 - On-chain DAO vote on Tally (14 days) Week 47 onwards - Implementation phase If the proposal passes, a draft of the implementation phase is detailed below in “Suggested Steps to Implement.” The final implementation schedule depends on the result of the vendor decision proposal, community review, audit schedules, and subsequent findings. A concrete schedule for the implementation stage will thus be locked in at a later stage. # Voting Options on Snapshot When this proposal moves to Snapshot, there will be five voting options. The voting method will be ranked choice voting. To read more about ranked choice voting, please visit this article from Snapshot. 1. Fund staking with 1.75% of the total ARB supply (175M ARB tokens) 2. Fund staking with 1.5% of the total ARB supply (150M ARB tokens) 3. Fund staking with 1.25% of the total ARB supply (125M ARB tokens) 4. Fund staking with 1% of the total ARB supply (100M ARB tokens) 5. Do not fund staking # Suggested Steps to Implement 1. The Arbitrum DAO will receive another proposal concerning implementation, which will aim to decide the vendor of the implementation and associated contracts and an auditor. 2. After the contracts and audits are finished, they will be provided to the community for review for two weeks. 3. After the community review period, the contracts will be deployed to Arbitrum, and the ownership will be transferred to the DAO. 4. Ratification of reimbursement of costs as illustrated in the Cost sections below and disbursement of such reimbursements to applicable service providers # Costs The costs of this proposal are mainly related to the implementation process, during which a vendor and auditor will be decided. The true extent of these costs can only be estimated after these decisions are made.","['Fund staking with 175M ARB', 'Fund staking with 150M ARB', 'Fund staking with 125M ARB', 'Fund staking with 100M ARB', 'Do not fund staking']",1698663278,1699268078,145390446,closed,"[0, 0, 0, 120054135.57804568, 59768946.18189877]","[[0], [0], [0], [120054135.57804568], [59768946.18189877]]",179823081.75994444,1699268135,0xBbE98D590d7eB99F4a236587f2441826396053d3 0x921c3d57deb2f3c84918ca3fb57479d38650b979b5902895c5822649ed86b716,Proposal: Build Optimal Onboarding for STIP Teams (BOOST),"Abstract This Arbitrum Improvement Proposal (AIP) seeks to enhance user acquisition and engagement efficiency in the Arbitrum ecosystem following the Short Term Incentive Program (STIP). The proposal aims to deploy 95 total quests across 62 unique applications. The goal is to provide a comprehensive onboarding, educational, and interaction model that results in sustained user commitment and thus solidifies Arbitrum’s position as a leading Layer 2 Ethereum scaling solution. Motivation We propose an innovative solution to address an opportunity that has surfaced following the execution of the Short Term Incentive Program (STIP) – the need for effectively onboarding, educating, and retaining new users on the Arbitrum platforms that received STIP. The STIP successfully provides incentive to perform onchain actions, but it does not address the user onboarding experience aspect of attracting new users. This proposal is viewed as the missing puzzle piece to STIP. In addition, the STIP had teams qualify, but not receive funding, providing a situation we aim to reconcile by running additional quests for those teams that will improve user retention and increase usage of their protocols. Rationale Our proposal aligns meticulously with Arbitrum’s mission to foster an inclusive, vibrant, and engaged community. By ensuring all users - existing and new ones - are carried along inclusively and effectively via well-designed quests, we will be creating an environment that promotes continued learning, interaction, and commitment. This “sticky factor” is critical for a sustainable and thriving ecosystem. Key Terms What are Quests? Quests are guided learning activities, organized around specific crypto protocols and apps. They are designed to familiarize users with different protocols, their processes, and the potential benefits they offer within ecosystems like DeFi on Arbitrum. Why are Quests Helpful? Quests provide a hands-on learning experience which makes the understanding of complex protocols more enjoyable and interactive. They provide delightful step-by-step guidance which motivates users to explore and use these protocols, thereby increasing user adoption and contributing to the broader understanding of apps. For instance, consider the quest on Layer3 called “Exploring Radiant”. It guides users through learning about onmichain money markets, swapping, and depositing on Radiant, breaking down each step into comprehensible segments. By engaging with the quest, users not only learn how to use the Radiant platform, but also get practical experience which they can apply in real-world situations. Quests like these play a crucial role in demystifying DeFi protocols, making them more accessible, and bringing users to Arbitrum. In the case of Exploring Radiant, it managed to attract 31,181 completions. This demonstrates the high engagement rate and efficiency of quests as interactive learning tools in the DeFi space. The large number of participants signifies that the quest was not only successful in providing valuable insights about the protocol but also in garnering interest from a wider community, thereby increasing the adoption rate of the whole Radiant platform. But it isn’t just Radiant. There is a whole library of Arbitrum quests available on Layer3. As part of the STIP Enhancement and Inclusion Quest Proposal, a whole new category will be created on Layer3 to display the quests included in the STIP Enhancement and Inclusion Quest Program Why Layer3? Layer3 has played a significant role in the growth of Arbitrum. We’ve guided over 337,613 users to complete more than 5.9 million on-chain transactions on Arbitrum, all at no cost to the user or Arbitrum DAO. Our initiatives, particularly interactive quests, have already greatly increased user engagement and education on Arbitrum. By transforming onchain operations into bite-sized, step-by-step quests, we have managed to make Arbitrum accessible to a wider audience. We have made it accessible and comprehensible to users, regardless of their technical proficiency level. Specifications: Teams: Upon approval, we will embark on the design and execution of 95 quests structured strategically for the following protocols and teams in direct support of the STIP. This includes one quest for each STIP-qualified protocol (29 projects, one quest each) and two quests for each recipient that received a greater than 50% majority in favor of their STIP proposal and more than 71.51 million ARB in support for their proposal (33 projects, two quests each). Each quest is meticulously designed to enhance user comprehension, interaction, and loyalty to the respective protocols. The list of protocols and teams includes but is not limited to: 1 Camelot, Jones, Dopex, GMX, LODESTAR, Socket, Timeswap, RADIANT, Pendle Finance, MUX, Frax, Tally, Rysk, Silo Finance, Stella, Good Entry, Gamma, Umami, Abracadabra, KyberSwap, OpenOcean, Angle, Trader Joe, Dolomite, Premia, Vertex, Perennial Finance, Balancer, WINR 2 WOOFi, Gains Netowrk, DefiEdge, Synapse Protocol, PancakeSwap, Notional Finance, Rodeo, Magpie, Stargate, Savvy, Tales of Elleria, Thales, TIDE, Solv Protocol, Furucombo, dForce, Sanko GameCorp, RAMSES, Vela Exchange, Thetanuts, JOJO Exchange, Wormhole, Shell Protocol, REALM, unshETH, StakeDAO, Curve, iZUMi, Beefy Finance, Arrakis Finance, Florence Finance, CVI, Prime Protocol Payment Terms: The compensation for this proposal will encompass a real-time, continuous flow of 1 million ARB tokens, streamed via the Superfluid protocol. The stream will commence immediately post-approval and will run continuously up until May 19, 2024. Should we fall short of fulfilling our obligations at any point within the specified period, a new proposal can be initiated to stop the stream of funds. In the spirit of transparency, we commit to providing regular progress updates and upon completion of each of the 3 phases and maintaining Dune Analytics impact dashboards for the duration of the initiative, both at the application and ecosystem level. In a scenario where we fail to deliver our commitments, the community possesses the full right to propose halting the stream until the matter is adequately addressed and resolved. Steps to Implement Initiate a cooperative process with all STIP-qualified protocols to design a unique quest for each, and create two additional quests for the teams that met the criteria but weren’t granted STIP. Implement the quests in month-long phases, during which we will monitor user engagement, quest completion rates, and user feedback, among other indicators. Impact Analysis with Dune Dashboards: Post-sprint, we will analyze and present our impact utilizing detailed Dune dashboards. These dashboards will visually represent key metrics to paint a clear picture of the project’s success. Metrics categories include user engagement, unique user rates, and protocol specific metrics. By confronting these steps, we can continuously refine our approach, ensuring that we provide mutually beneficial outcomes for both users and protocols involved in the STIP program. Phase 1 - STIP Proposal Quests (November 2023 - January 2024): Quests specifically designed for all STIP-qualified protocols will be released in six groups, each running for a month. The intention is to boost user engagement with these protocols that have received official STIP funding and guide users on how to use STIP protocols. Phase 2 - Non-STIP Proposal Quests 1 (February 2024 - April 2024): The second phase focuses on those teams that met the STIP criteria but did not receive funding. This stage ensures that these projects also get beneficial visibility and user engagement through their initial quests. Phase 3 - Non-STIP Proposal Quests 2 (March 2024 - May 2024): The final phase continues the support for non-STIP funded projects, further providing engagement through a second quest for each team. This step is designed to maintain and enhance user interest and interaction, consolidating the engagement prompted in Phase 2. Running two quests for non-STIP funded projects (Phase 2 and 3) is particularly beneficial as it contributes to user retention through a deeper experience with the protocol. The first quest provides users with initial exposure to the protocol, its functions, and utility. It attracts & onboards new users and raises their curiosity, while also providing a sense of familiarity and comfort with the protocol. The second quest aims to solidify this relationship. A user returns to reinforce their understanding and re-engage with the protocol – a follow-up to further strengthen the interaction between the user and protocol. The aim is to attract users and provide a solid foundation for them to be engaged, active and aligned with the protocol over a longer period. This ultimately contributes to the longevity and sustainability of each protocol. This phased approach allows us to target attention to each group of protocols, ensuring each has optimized quests and yields the best possible results for all involved. Overall Cost Estimate: The total cost to implement this AIP is 1M ARB where: Recurring costs will entail updates and maintenance, community engagement efforts, partnerships, performance tracking, and reporting. This proposal lends to Arbitrum’s goal to build an engaged and knowledgeable community committed to the platform’s longevity. By incorporating all users in a guided and rewarding learning journey, we act as a funnel for new Arbitrum users, rather than current participants dominating rewards. By also acknowledging and rewarding the efforts of teams that did not qualify for STIP, we foster a fairer and more inclusive community spirit, further underlining Arbitrum’s commitment to its members. This dynamic, transparent, and comprehensive approach propels the strength and sustainability of the Arbitrum community.","['For', 'Against', 'Abstain']",1698237088,1698841888,143863053,closed,"[43245644.496088326, 48176905.34132398, 37725946.28439389]","[[43245644.496088326], [48176905.34132398], [37725946.28439389]]",129148496.12180693,1698842152,0xA7860E99e3ce0752D1ac53b974E309fFf80277C6 0xa6b2e892cfe033bb400e42ceba6667e8d33a7a326214ba097fc8f16f843a1a54,Proposal: Empowering Early Contributors: The community Arbiter Proposal,"# Abstract This proposal recommends the allocation of 500,000 $ARB tokens, equivalent to 0.005% of the total supply, to acknowledge and reward the outstanding contributions of Arbitrum community members known as “Arbiters.” These contributors have played pivotal roles in Arbitrum’s development, from translation and publicity to community support and protection from fraudulent activity. By establishing a transparent and equitable reward system through the Arbitrum DAO, we aim to recognize past contributions and inspire continued dedication, fostering the growth of our ecosystem. # Motivation The Arbitrum community thrives on collaboration, decentralization, and the Ethereum community spirit. This proposal aligns with these principles and strives to: Recognize the exceptional contributions made by Arbiters to Arbitrum’s development. Demonstrate the spirit of collaboration and decentralization within the Arbitrum ecosystem, ensuring its long-term sustainability. Establish a clear and equitable reward mechanism through the Arbitrum DAO, ensuring that Arbiters are treated fairly. Inspire more individuals to actively participate in the advancement of the Arbitrum ecosystem by retroactively rewarding Arbiters. # Rationale The Arbitrum community, driven by its contributors, has been instrumental in shaping Arbitrum over the past two years. These dedicated individuals have contributed significantly through a wide range of activities, including translation, promotion, event organization, community guidance, safety assurance, and collaboration with other communities. These efforts have been essential to the success and vibrancy of the Arbitrum community. # Partial contribution value Since 2021-2023, the work and contributions made by Arbiter are too numerous to list and quantify individually, and the data provided are statistically estimated due to the lack of prior targeted data counting and retention. Provided millions of help to Arbitrum community users and developers. It allows Arbitrum team members to focus more on the development of technology, and also allows millions of Arbitrum community members to get answers to all kinds of questions and needs feedback. (Anyone can view the help and contributions of the arbitrators on the arbitrum Discord server, wechat groups, and other language communities, etc.) Arbiters are online 24/7 (in Odyssey and Guild activities related to many arbiters are 16 + hours online, for community members to provide the most immediate, high-quality help) arbiter two years, has been involved in the maintenance and management of the community order, to report and stop more than 100,000 times of the scam, to ensure that hundreds of thousands of members of the community are able to get help in a timely manner and to keep the server safe. Establish Chinese, Vietnamese, Korean and other Arbitrum local communities, such as: Chinese more than 10 WeChat groups, WeChat public number, microblog, Coinhub, and other media (due to policy reasons, a number of Chinese media has canceled the account) The establishment of language communities has further expanded Arbitrum’s influence, attracted more than 100,000 users and developers to choose to use Arbitrum, and promoted the prosperity of the ecosystem. Translate and proofread more than 50 Arbitrum articles, arbiters in various language areas edit, typeset and publish Arbitrum daily information more than 2,000 times, publish more than 300 articles and blogs, explain more than 50 videos, and all kinds of accounts with a large number of real fans and readers, for hundreds of thousands of users around the world to provide a quick understanding of the use of Arbitrum and the information and guidelines. arbiter has provided community optimization, management, operation, and promotion suggestions for arbitrum more than 300 times, making the system of Arbitrum publicity, service, promotion, and operation more perfect, and allowing Arbitrum users, developers, and ecosystem projects to get better service experience and help. dock 30 Arbitrum AMA, more than 20 events, more than 100 docking projects, affecting hundreds of thousands of community members, attracting more than 50 projects to choose an arbitrum network for deployment. Some Arbiters have their own communities, and as KOLs in Twitter and famous communities, they vigorously promote Arbitrum through their own influence, posting blogs and all kinds of information, and their continuous influence involves hundreds of thousands of crypto community users. This has brought great enthusiasm and new users to the Arbitrum community. arbiters has been accompanying and witnessing the prosperous development of the Arbitrum community and ecosystem, continuously carrying forward the spirit of the Arbitrum community and promoting and marketing Arbitrum. From 6,400 wallet addresses at the initial mainnet launch to 1,270,000+ wallet addresses now, including the growth of on-chain TVLs and a thriving ecosystem. Helped and assisted Arbitrum Discord to grow from tens of thousands of members to now 460,000, providing millions of high quality help, all kinds of Arbitrum promotion and publicity with millions of views. The following document is the basis for some of the contribute saved [https://docs.google.com/spreadsheets/d/1YjSCrAYJg2A1T5r8YpZx5BbfLQeyhBePqPtW5pA83dU/edit?usp=sharing] # Specifications Beneficiaries: Arbiters: Comprising the most dedicated contributors to the Arbitrum community over the past two years, recognized for their exceptional and humble service to the Arbitrum community. Distribution of Incentives: The Arbitrum community requests a total of 500,000 $ARB tokens, to be evenly distributed among 25 of its members, recognizing their past work for the Arbitrum community. Calculation: 20,000 $ARB tokens per member x 25 Discord Arbiters = 500,000 $ARB. # Wallet Address Collection and Distribution Arbiters’ contributor wallet addresses will be collected through a specified process, ensuring accuracy and fairness. If the proposal is approved, the Arbitrum DAO will disburse rewards to each Arbiter contributor’s address, following thorough verification and confirmation. # Future Plans Upon the successful implementation of this proposal, we will continue to enhance Arbiter contribution methods, ensuring the sustained growth of the arbitrum community. arbiters will continue to translate blogs, do publicity, organize AMAs, hold offline activities, provide community suggestions, optimize community services, maintain community order, provide high-quality help to the community, actively connect with various activities and projects, and help promote cooperation with other communities. On the basis of arbitrum, actively participate in the arbitrum Ambassador Program and explore more ways to contribute, and continue to provide value to the broader arbitrum ecosystem. Our goal is to continually contribute value to arbitrum and collaborate with the broader community to foster a vibrant and thriving arbitrum ecosystem. As arbitrum continues to evolve, we will also be able to really demonstrate our knowledge of the protocol and help show more new users that arbitrum is the optimal scaling solution for Ethereum. # Milestones When the arbitrum discord server exceeds 700,000 members,or when TVL passes $3b,or when we have helped community members more than two million times, or when we have made significant progress in various types of outreach and publicity. We are committed to transparently communicating milestone updates and displaying data about what arbiters are doing or contributing. After this proposal, we will pay attention to the statistics and retention of examples of contributions made by arbiters, and data. This will facilitate more detailed examples and data presentation at the next milestone. # Conclusion The implementation of a robust reward system via the Arbitrum DAO is crucial for recognizing and appreciating the invaluable contributions of Arbiters to the community. This initiative will reinvigorate community engagement, foster openness, and encourage sustained participation, ultimately ensuring the long-term sustainability of the Arbitrum community. Transparency, fairness, and continuous improvement based on community input will be at the forefront of this endeavor. With this proposal, we are confident in building a more collaborative, innovative, and dynamic Arbitrum community that embodies the values and spirit of our ecosystem. Your insights are valued and essential in shaping the future of our community. We welcome you to provide feedback and engage with us.","['For', 'Against', 'Abstain']",1698185570,1698790370,143668770,closed,"[48470686.09988797, 38627446.19275774, 32083165.257250924]","[[48470686.09988797], [38627446.19275774], [32083165.257250924]]",119181297.54989816,1698790772,0xb5B069370Ef24BC67F114e185D185063CE3479f8 0x76ff3c3e1750cfbe34dd62ed22c0c126168963d6acce2217acc4bcc7e9e623b7,UniDex STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137926069,closed,"[4353455.173410655, 59018238.15487949, 59151232.47205204]","[[4353455.173410655], [59018238.15487949], [59151232.47205204]]",122522925.80034354,1697162584,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x57989a52325d2e15bfce04d700721605c0cb02504baef73c648d609ce0512c72,Good Entry STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137925899,closed,"[173680896.43428686, 8532689.61851109, 4406829.285471555]","[[173680896.43428686], [8532689.61851109], [4406829.285471555]]",186620415.33826947,1697162605,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x655b11329d5131abb2b2f5a11bb221f6ab4930358d7d6587e24ab3bc4257ac9c,iZUMi STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137925715,closed,"[59101665.02973475, 9100520.467027694, 86630469.33834304]","[[59101665.02973475], [9100520.467027692], [86630469.33834304]]",154832654.8351052,1697162438,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x22244ef5a988b9231ad073d9fd87cd74f245895f1c0fb82fae52e6ff56cf81d7,Synapse Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137925428,closed,"[140796260.01845777, 37048907.09626369, 16834956.559474677]","[[140796260.01845777], [37048907.09626368], [16834956.559474677]]",194680123.67419747,1697162410,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0xb8798bb81535a45813f55d07fcc030ac003a450b7b8177c16972cd37f60211bc,Jones DAO STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137925203,closed,"[199095833.21221083, 3962638.653959124, 1047851.4743291034]","[[199095833.21221083], [3962638.653959124], [1047851.4743291034]]",204106323.34049883,1697162456,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x3f43c84a863eb88afd0bc593290cd4bb8a9ce90f8105c15cf1b0252866e3e051,D2.finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137924574,closed,"[2742641.7887456734, 63862586.88858709, 50577132.7441887]","[[2742641.7887456734], [63862586.88858709], [50577132.7441887]]",117182361.42152277,1697162431,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x354645c337aaf60f8a90ff2846d9e62414b902fae553e30710e58a40bd98b9a9,Silo Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137924483,closed,"[174539484.1254619, 3690207.501234504, 20373075.85175419]","[[174539484.1254619], [3690207.501234504], [20373075.85175419]]",198602767.4784517,1697162426,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x3ea1c3b6b79983ab9e1e1a354152d8319f8e9426244e7b0a625b3a8d221b67e0,JOJO Exchange STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137924266,closed,"[82021690.76685204, 10175054.349763444, 53733487.49486749]","[[82021690.76685204], [10175054.349763442], [53733487.49486749]]",145930232.61148453,1697162430,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0xfbf8cd22584d70171a95dca6b1dbfbd1a9d1ba3ee1d3e09e444024ecbc38ff1b,GMD Ecosystem STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137924078,closed,"[2778676.342497057, 98721929.55624823, 17425391.231553696]","[[2778676.342497057], [98721929.55624823], [17425391.231553696]]",118925997.13029885,1697162524,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0xd7c38a5af10a30d35b7f63564969097019aeb59e70a48d4364739ef8594f8f6c,Thales STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137923507,closed,"[112998989.57551108, 26680448.83319707, 14328778.012212062]","[[112998989.57551108], [26680448.83319707], [14328778.012212062]]",154008216.42092016,1697162922,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x4c75f39a125a8e7122d62aee61f04e5a8251f0278f41cc811b4c9fb6d9173458,Rysk STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137923297,closed,"[175823834.93927905, 7352661.303152697, 1316038.68626529]","[[175823834.93927905], [7352661.303152697], [1316038.68626529]]",184492534.92869726,1697162433,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0xe80e8f5e41070cbd992625b4edc829bbbcd2392e83b4941d8c17bbd829477358,Sanko GameCorp STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137922179,closed,"[94270805.77373664, 20613044.31352773, 60195186.77676214]","[[94270805.77373664], [20613044.31352773], [60195186.77676214]]",175079036.86402678,1697162421,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x540cbc97de29a2d5888ba227be5d97b1c4992bb1b2547ccbfedfacc3a3c6bce0,Wombat Exchange STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921993,closed,"[6932894.301944519, 55328531.23848561, 55261585.24686528]","[[6932894.301944519], [55328531.23848561], [55261585.24686528]]",117523010.78729676,1697162436,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x6bf2549bfe0699347d2ceb556339d3c4f9b1ccda71e954cf12decd5a438b82ed,Camelot STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921866,closed,"[201422583.56452307, 2407261.9013346126, 1299641.86386011]","[[201422583.56452307], [2407261.9013346126], [1299641.86386011]]",205129487.32971784,1697162439,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x4af0134cf2fad93af6f255882f4c38847e38cfa083aaa29e37e9a9a669b7d913,Rodeo Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921839,closed,"[128084700.1949704, 7888353.377331072, 22435089.745930355]","[[128084700.1949704], [7888353.377331072], [22435089.745930355]]",158408143.31823167,1697162432,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x727723d66fe020f90d63159a33a61a1cdc3c36d2a0df9b27ef910ddea2a63f18,Dolomite STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921697,closed,"[161210868.41635218, 5165128.82405709, 28999591.38675016]","[[161210868.41635218], [5165128.82405709], [28999591.38675016]]",195375588.62715897,1697162441,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x1281a058914a2fcf91b45098a8be812da69fc4fe46158a07ed02225f37816818,Furucombo STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921724,closed,"[100510888.4935132, 9972695.328807274, 30007086.382062536]","[[100510888.4935132], [9972695.328807274], [30007086.382062536]]",140490670.20438272,1697162407,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x2012049c10ea411c7fcb99d0aacf7348084313e7b78c2170ffb5d93542175319,Vertex Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921661,closed,"[159802535.27216026, 19811538.36790031, 1269908.887331786]","[[159802535.27216026], [19811538.36790031], [1269908.887331786]]",180883982.5273924,1697162423,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xb387ad47abdbf95c2c3f285db3dd3ce8cf2bab4288250c813a38d3a89089303d,ALAYA STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921609,closed,"[690140.7734229373, 113204713.79135482, 4077360.962565809]","[[690140.7734229373], [113204713.79135482], [4077360.962565809]]",117972215.52734403,1697162454,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x070a960cf0d8824badc07f0478040a16e92959c71b6e1ca49e67d96714dabc42,Curve STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921535,closed,"[60901413.75317972, 24825249.40636083, 50601775.25665469]","[[60901413.75317972], [24825249.406360827], [50601775.25665469]]",136328438.41619647,1697162420,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x1a2036dbf130685400071d8079a1b77c133f882d57d2121c027f490d6825a78c,ZKasino STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921461,closed,"[1187347.9026206387, 114486328.22126018, 14971551.435246354]","[[1187347.9026206387], [114486328.22126018], [14971551.435246354]]",130645227.55912776,1697162423,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x61a4311cc427b02bf6f69a7f1d262b7a50998d37916564934194fb1eefee8a6e,Thetanuts STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921486,closed,"[89554590.09331733, 23721599.792666752, 39902500.33523231]","[[89554590.09331733], [23721599.79266675], [39902500.33523231]]",153178690.22121674,1697162436,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0xf451dc98fa21d6dea83a7062cd5082ba57b3ed4861c2a3886b82e71e057380bb,PancakeSwap STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921413,closed,"[139296715.64353362, 7872161.71408511, 10462028.451937864]","[[139296715.64353362], [7872161.71408511], [10462028.451937864]]",157630905.8095569,1697162788,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x7572d14df9604571fa6b58827c7512d94fca09f24541202cd4a976f822df8f54,Beefy STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921363,closed,"[58268179.39718296, 38866498.82717116, 26227780.54682117]","[[58268179.39718296], [38866498.82717116], [26227780.54682117]]",123362458.77117674,1697162442,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x4ed98bf0a5018d9ff80780d97d76a7fe9ba11c6c9cd01ab336936d9f400f3087,Timeswap STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921293,closed,"[182671117.7552063, 5052186.109727629, 11733327.364343932]","[[182671117.7552063], [5052186.109727629], [11733327.364343932]]",199456631.22927722,1697162434,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xc02a8620e55e38c2596f419df965d69701b395d8aeff492a3bced32e4c1d77cb,QiDao STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921245,closed,"[23066766.65168315, 23831724.20503021, 74579615.24231617]","[[23066766.65168315], [23831724.205030207], [74579615.24231617]]",121478106.09903154,1697162457,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x70a8c246bff9f2c9ca73208fd5ce0411086e6d899a46895336617793978e99ff,DefiEdge STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921175,closed,"[144657702.47682208, 8365088.129998528, 1887997.8859994651]","[[144657702.47682208], [8365088.129998528], [1887997.8859994651]]",154910788.49282044,1697162440,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x881849ef110e3097c812cc69249f17680aa90606aac98f9d4aaf38e12b9162a0,StakeDAO STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137921025,closed,"[66730414.825137384, 12748067.633158889, 46348792.823241115]","[[66730414.825137384], [12748067.633158889], [46348792.823241115]]",125827275.28153759,1697162448,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xe2302872975225deced5b5d35f6e520740f59dc65c8d78a234121a0a1e1efcc2,Vaultka STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920955,closed,"[14496705.709535692, 85698017.34909572, 23527226.091345172]","[[14496705.709535692], [85698017.34909572], [23527226.091345172]]",123721949.14997797,1697162831,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0x8e7ef50a5d0e27635db8d82bae9d0f9e991ca5188b3411ee62814559ad5f7aaa,WOOFi STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920880,closed,"[145580732.2869254, 20943368.298060976, 9708746.2990058]","[[145580732.2869254], [20943368.298060976], [9708746.2990058]]",176232846.88399366,1697162439,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xd981f6e45a0b16f5f2a831c99bde8ee86348ecffbc7bb44e755bc41d27019d4a,Quadrat STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920767,closed,"[846732.7697404996, 34495127.99291709, 78523205.79924579]","[[846732.7697404996], [34495127.99291709], [78523205.79924577]]",113865066.56190501,1697167314,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x22012b7a25907379133a599b89b96572567045d04b26f85f1b4990c5cdb31c7a,CVI STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920648,closed,"[51374199.48879835, 40167812.44266415, 19390938.105006944]","[[51374199.48879835], [40167812.44266415], [19390938.105006948]]",110932950.03647019,1697162424,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xf293783f9d56bcc0524ed3e0a84ef8aa9b2aa7688a245d4c8055ede8a1b4e2e6,Artichoke Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920506,closed,"[1287762.1100575663, 80313809.35285956, 32964331.98679252]","[[1287762.1100575663], [80313809.35285956], [32964331.98679252]]",114565903.4497114,1697209141,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x6c4a78cb00f613cdfe49e47c17cb83e74776873a789ea2553c0b1014b0288ae1,HMX STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920501,closed,"[2474234.0091958577, 34730696.884089895, 79561346.50266898]","[[2474234.0091958577], [34730696.88408989], [79561346.50266898]]",116766277.39595626,1697162440,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x93ba405db28122f4d7c1501bb06f9d606320caee1fb4e73dd1baaf05e8d02c01,Gamma STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920356,closed,"[173257983.95752355, 3169534.633394472, 3307089.999022022]","[[173257983.95752355], [3169534.633394472], [3307089.999022022]]",179734608.58994058,1697162411,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x97f1ffcf2fb02b4adb55807641dc1f8aecceeeed7c446dfebbd63dbf2a636fa4,Perennial Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920368,closed,"[155870428.610555, 5961018.916738673, 27665887.07905343]","[[155870428.610555], [5961018.916738673], [27665887.07905343]]",189497334.6063471,1697162451,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x0aca1e2dd1d7ac5f6b687fe68fc8ed11affbb0ea261511736cc50498d55006a2,Wormhole STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920223,closed,"[80226198.61675099, 53494576.46512055, 7604085.97360648]","[[80226198.61675099], [53494576.46512055], [7604085.97360648]]",141324861.0554794,1697162421,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x54aef9378fdb7addaa3b0ec0fbeb7884b4652cff4023abec69f2ac4ac6babdc0,Angle Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920207,closed,"[165649453.98325768, 3336034.22766931, 28349137.95481736]","[[165649453.98325768], [3336034.22766931], [28349137.95481736]]",197334626.16574457,1697162435,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x14dceb2c20209f29b536c1d9e7cd56445a66d20df9d1009f5024f9e7dcc6aab2,OmniBTC STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920090,closed,"[4639409.275162973, 71943758.67769514, 37342774.10044627]","[[4639409.275162973], [71943758.67769514], [37342774.10044627]]",113925942.05330521,1697162422,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xa2ca8fdbac4c8279db3e641ffc60393aa2bcfdf832bd1734253e3db8c2c001de,"Magpie, Penpie, Radpie, Campie STIP Proposal - Round 1","This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918815,closed,"[126509198.5929638, 7446767.36347892, 30260490.991594743]","[[126509198.5929638], [7446767.36347892], [30260490.991594743]]",164216456.94803813,1697162452,0x79C4213a328E3B4F1D87b4953C14759399dB25E2 0xc99797495dabf5d69b46e583cf90e4bc2858eda07886f6bbbc2ddc40aa219869,Galxe STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137920006,closed,"[184518013.7922709, 6199573.434630343, 1072933.0913777722]","[[184518013.7922709], [6199573.434630343], [1072933.0913777722]]",191790520.3182786,1697162457,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0xb4be8b07d53cd5e865ee78543f9dff52241fdb22da4970fb5d637ba025cf2a61,Solv Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919962,closed,"[108466292.4451114, 9811668.624990633, 14082197.279434064]","[[108466292.4451114], [9811668.624990633], [14082197.279434064]]",132360158.34953615,1697162456,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xaa70ce32349090c4a0732188cca3a4a52c4ad381fff6b85cebd1615d1147b41c,REALM STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919837,closed,"[78168077.52878428, 24230632.680095557, 33629306.19026]","[[78168077.52878428], [24230632.680095557], [33629306.19026]]",136028016.3991407,1697162443,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x64ae7b7e4670f045588f81fcd4f35822aebaa02c3b4bc459696e55ed73cb5536,Wombex Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919829,closed,"[3715861.8729989273, 79766435.3967789, 36531984.15001624]","[[3715861.8729989273], [79766435.3967789], [36531984.15001624]]",120014281.41979554,1697162437,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0xfd973e0ea26cee54a45f9894ac9be82b87dc2e1f2aa73ba2c3eba83f47201ff4,dForce STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919707,closed,"[95603713.99846429, 8948775.989988398, 35022943.02521161]","[[95603713.99846429], [8948775.989988398], [35022943.02521161]]",139575433.01366484,1697166068,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x9ae13a0a2610f70bcb9e946777c6a6add1c42db3b600514577f2abf23061d2ae,Relay Chain: James Bot STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919587,closed,"[827314.1046453966, 109829331.67267528, 2762529.291671195]","[[827314.1046453966], [109829331.67267528], [2762529.291671195]]",113419175.0689923,1697162451,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x4fbce74026a978be93aabf653ad50ace270abf7f5c035e4874a21a17be38c07b,Equilibria STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919446,closed,"[31565282.45786115, 36542324.61859082, 64209441.690638445]","[[31565282.45786115], [36542324.61859082], [64209441.690638445]]",132317048.76709232,1697162435,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xb8fafe7e097e6620b6d236633029e1bf1327b3a4e3cafcb0d89892b84bde9d72,Balancer DAO STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919336,closed,"[152432319.16020647, 3855816.929660354, 509210.9157997737]","[[152432319.16020647], [3855816.929660354], [509210.9157997737]]",156797347.00566658,1697162456,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x9abaac4d02728258a41777cce8c1803403072d8116306f95317f89a7cb181ec6,Arrakis Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919321,closed,"[52816836.35531578, 35391494.34750212, 52542500.522131845]","[[52816836.35531578], [35391494.34750212], [52542500.522131845]]",140750831.22495165,1697162451,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x96e92f4bfd50d08f61dae5f36440b9bc2fbad67ccf8e5b210268663f9261c159,tBTC STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919182,closed,"[561152.0342180773, 59115801.40335103, 51020425.357927166]","[[561152.0342180773], [59115801.40335103], [51020425.357927166]]",110697378.79549786,1697162451,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x4b9b9a636554d52a2b925f6aa40eb7ad626181a63f9d0a62c4a0537302d53d87,Vela Exchange STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919057,closed,"[90543433.0473102, 9835918.727255648, 31910119.262878973]","[[90543433.0473102], [9835918.727255648], [31910119.262878973]]",132289471.03744516,1697162432,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xe213f7a4e3093ac66bc614b12c83976d5b075b58380edccdffd58349b82a0a1f,Socket STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137919080,closed,"[182790934.9132889, 3387731.4404908777, 12087165.121930664]","[[182790934.9132889], [3387731.4404908777], [12087165.121930664]]",198265831.47571144,1697169587,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x6b89b74c259d2cc5979c46be6cfe2ae20f9485eee728a628f56930db644da985,Lido STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918948,closed,"[75887073.89669684, 87089048.91463126, 37685612.03946592]","[[75887073.89669682], [87089048.91463126], [37685612.03946592]]",200661734.8507953,1697162409,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x0d9fd9f880615a320fa1294264d317228f0479d7f7f146f5c9683f1cb27f814b,Stargate Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918935,closed,"[124090222.52102174, 29037783.896476727, 3436476.5768120517]","[[124090222.52102174], [29037783.896476727], [3436476.5768120517]]",156564482.99431157,1697162421,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x7103fe55dd62c506860e27e539243521c5f981b30fe819a5d473cfca9f830ae2,MUX Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918770,closed,"[179755351.3274528, 4552932.2745558135, 5998831.937982898]","[[179755351.3274528], [4552932.274555813], [5998831.937982898]]",190307115.53999257,1697162440,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x3860f7700f2e1d6433b013114b0ff95088c09026b39321ca92c8a55fdb33d1e0,Tally STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918735,closed,"[178820757.2928848, 2299547.659803468, 491036.4331865234]","[[178820757.2928848], [2299547.659803468], [491036.4331865234]]",181611341.38587514,1697162429,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0xb370d4093ca52b41e7f6f28562359174129b3e48949fc2e731e0eef77062f7db,Dopex STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918661,closed,"[196912101.56600493, 2671271.743270401, 501084.7361465556]","[[196912101.56600493], [2671271.7432704004], [501084.7361465556]]",200084458.04542208,1697162454,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x868a55f6dd728cde516cce81f33cfe647ab39c9b24b4cb659ab4fa31df071dc6,GMX STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918525,closed,"[186362851.46822032, 3513978.2162700044, 5532331.118488233]","[[186362851.46822032], [3513978.2162700035], [5532331.118488233]]",195409160.80297872,1697162447,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x871bf6b01d337db95c1ac85e6ea4c4d16391bcfa3d5091453f2bc5ff467a50cc,Prime Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918526,closed,"[50437330.922612846, 16619309.039355423, 45556151.80433147]","[[50437330.922612846], [16619309.039355423], [45556151.80433147]]",112612791.76630025,1697162448,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x47d78e0fcac0ad664516c7bae6dc93a15d3ed15dfff96b1ab5ab6637dc680d18,LODESTAR FINANCE STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918376,closed,"[183705825.25445068, 4607531.764876813, 3360029.232199982]","[[183705825.25445068], [4607531.764876813], [3360029.232199982]]",191673386.25152737,1697162431,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x61a9b65642902868755b51fc1a7cf2a1c95ced6cf41931a16c984a9ee4c75aa1,KeplerHomes STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918256,closed,"[11890443.02233116, 89281960.08809546, 18557574.568878416]","[[11890443.02233116], [89281960.08809546], [18557574.568878416]]",119729977.6793059,1697162437,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x6709edbc057b630e80c8bd6dcd4bb5a159256a03a1aaf8e8c25bb3f523fe52a0,LOGX STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918259,closed,"[4380694.825293207, 51541962.46136197, 64545401.30466197]","[[4380694.825293207], [51541962.46136197], [64545401.30466197]]",120468058.591319,1697162438,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0xde072efefadba0973d05a58f56d31046874ab50294633359599cd59faa7afbab,Range Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918133,closed,"[13984112.471010244, 23833677.293399595, 79187085.2437142]","[[13984112.471010244], [23833677.293399595], [79187085.2437142]]",117004875.00812568,1697166570,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xce4a31c915826aa857ab730d8b84e9c5bdd171e0c10f06b70cfffdadbf554b6c,Frax Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918104,closed,"[179487684.13541725, 4532672.7725700075, 537693.4539151159]","[[179487684.13541725], [4532672.7725700075], [537693.4539151159]]",184558050.3619027,1697163165,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0xd33c2db7a567d3bd9d8c02b826c8c2130c98bf8504de56c4864e9cbfa30711c2,Abracadabra DAO STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137918003,closed,"[168956178.4487762, 6919976.313373782, 28922374.288677588]","[[168956178.4487762], [6919976.313373782], [28922374.288677588]]",204798529.0508291,1697162545,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xad923a4ff0ea227bd9e8693b64125a945ad27d7ccd8ae9e5ecf79b76f9b4a52a,Umami STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917900,closed,"[172075997.4151432, 3788693.0856015193, 28076360.32140159]","[[172075997.4151432], [3788693.0856015193], [28076360.32140159]]",203941050.8221465,1697162453,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xa5cd3d931a2884bd6aa6763699b2c52c6bb5129eefb0d33d930491d6375294f0,Webacy STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917923,closed,"[7196417.487801351, 76655792.61146203, 31993442.351540472]","[[7196417.487801351], [76655792.61146203], [31993442.35154047]]",115845652.45080511,1697162453,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0x2060bdfca68c00be3478e23b2b749b684e0034ee79d692023e6551f1a44615ae,Chronos Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917780,closed,"[5024890.311203798, 60972912.88176165, 50203356.09056746]","[[5024890.311203798], [60972912.88176165], [50203356.09056746]]",116201159.28353454,1697162423,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x8a511e833021b64d63bf518eb9ff447216d83dac9235243f3a139f699d1f98ee,OpenOcean STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917664,closed,"[166663978.983853, 11172500.093932068, 9867636.371692048]","[[166663978.983853], [11172500.093932068], [9867636.371692048]]",187704115.449478,1697162449,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x7c75d57e2539be2e764dcad851b26fc38b300af3526b179f0146fb3fc139532e,CRYPTEX STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917583,closed,"[6167883.711407397, 97392270.81913587, 22862911.539288893]","[[6167883.711407397], [97392270.81913587], [22862911.539288893]]",126423066.06983295,1697162446,0xF4B0556B9B6F53E00A1FDD2b0478Ce841991D8fA 0xe2fa3720a6ef44c285622391723389df2ddc6f5ac96fbec51c98ded36937424e,Florence Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917560,closed,"[51747808.21101193, 21264619.40087728, 35402826.65583669]","[[51747808.21101193], [21264619.40087728], [35402826.65583669]]",108415254.26772642,1697169829,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x715be769f6928edc8df795dd6a4b492456907afdb8c3f1d2adb0f31d2c48a4d3,0xGen STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917356,closed,"[938055.534442646, 107686988.71693473, 4053648.6887022257]","[[938055.534442646], [107686988.71693473], [4053648.6887022257]]",112678692.94008039,1697162441,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x82becb89a519f2ddb75811fbcc3b47ae8349003c126eea9039bbcef981852cb2,Stella STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917254,closed,"[174206609.0805961, 7624790.929358819, 1915132.073364915]","[[174206609.0805961], [7624790.929358819], [1915132.073364915]]",183746532.08331972,1697162447,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xdc35e859c48f45ea152a870b2cdb59274bd98da489c324345ec883785c2de715,Notional STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917132,closed,"[128888750.58309056, 8304811.925163054, 776740.5593028044]","[[128888750.58309056], [8304811.925163054], [776740.5593028044]]",137970303.0675571,1697163669,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xbeeb43ae2c86bc38c06f9878070350c9b22e08ec79e906ce1b8704fea0cb1f24,Gains Network STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137917008,closed,"[145151108.78718087, 5441563.65741318, 3952777.69693576]","[[145151108.78718087], [5441563.65741318], [3952777.69693576]]",154545450.14152983,1697162421,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x03e61c8225487f2ff6305c91ce37af31853e6c09f557ad6c10db188d21e85f24,TIDE STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137916881,closed,"[112689923.58573867, 8415638.038320905, 11357625.332679631]","[[112689923.58573867], [8415638.038320905], [11357625.332679631]]",132463186.95673947,1697162419,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x7c3c3c7386961fe79dea98e8acef576a57b234e53d14e21b1b8bb51baed5e8a4,Trader Joe STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137916767,closed,"[163085345.40736198, 1395279.6881612998, 28559882.92978902]","[[163085345.40736198], [1395279.6881612998], [28559882.92978902]]",193040508.0253124,1697162446,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x7f77802628767dbbe50451037b797f6f7feb7ad97ad8412b681bc1a086539ddf,Archi Finance STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137916633,closed,"[4480281.109546252, 24122791.37925808, 80605367.07271804]","[[4480281.109546252], [24122791.37925808], [80605367.07271804]]",109208439.56152403,1697162446,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x8ca12ce0c337ef44a7301455197ece2948c9223528a4197ad3ede6960caa6f4a,KyberSwap STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137916492,closed,"[168458944.63619852, 7443752.547723608, 651762.4048429002]","[[168458944.63619852], [7443752.547723608], [651762.4048429002]]",176554459.58876508,1697162449,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xe567b815fe4e30044aa8f1241fdc5042d712ad3e2cd136f9aaf8aeb09a89a4e7,Cian STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137916341,closed,"[527388.5505609766, 54748776.39579115, 53535039.15401875]","[[527388.5505609766], [54748776.39579115], [53535039.15401875]]",108811204.10037246,1697166374,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x4ecfa9a9d0abff7a1bebfa257908fc9e3ec072c6fdb40af44cf029c35493ef2c,Modular Wallet STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137916143,closed,"[800295.5963513538, 92749165.01802468, 18383858.65109921]","[[800295.5963513538], [92749165.01802468], [18383858.65109921]]",111933319.2654761,1697162433,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x9d7f0e85fd3f85238888dbb55151bfe4f9b7afdef418cf33128071c755281dc7,Savvy STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137916033,closed,"[116418703.42734246, 7019713.5733026285, 57157801.4629895]","[[116418703.42734246], [7019713.5733026285], [57157801.4629895]]",180596218.4636364,1697162452,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x355c0fe72c7fccaaf4eb41562a5ec25e3ca9f5afb392ca1d8c1a65a41c82044d,XY STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137915873,closed,"[4235210.693976691, 101440773.421167, 4147320.7963758567]","[[4235210.693976691], [101440773.421167], [4147320.7963758567]]",109823304.91152039,1697162429,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x72e4eae44f212f81bdea4880b15cbff968a2257849e3aa4dc95bd3f039a3bdd3,Pendle STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137915724,closed,"[181578880.19735312, 2512483.3798053022, 1859205.8447929104]","[[181578880.19735312], [2512483.3798053022], [1859205.8447929104]]",185950569.42195138,1697162442,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xb81842bee7514dc270a7ba1d57766ac99fcbf774d02745de335037247f5b97bf,RAMSES STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137915598,closed,"[91692586.5824414, 6235967.17897746, 40118506.79614978]","[[91692586.5824414], [6235967.17897746], [40118506.79614978]]",138047060.55757,1697162414,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x2ca200dbcc6eabbee282e82c458be2a7188c47dc4e71979aa3b04f1f91dd1886,Shell Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137915463,closed,"[78811909.56803611, 6722915.565503465, 32239946.74684487]","[[78811909.56803611], [6722915.565503465], [32239946.74684487]]",117774771.88038531,1697162427,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x51dc3882817d8a67d2550f8f9bd6f9b847b9dbfa3e2e5733b3d80ef9757fcfc6,Guru Network STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137915295,closed,"[2886994.9341367595, 107050994.22046544, 3233636.663871977]","[[2886994.9341367595], [107050994.22046544], [3233636.663871977]]",113171625.818475,1697162435,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x40604b0134f09996041ae087308a5d67ef601943d5f9e556eb5a6c7363c9563e,unshETH STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137915147,closed,"[71410482.6656051, 8114018.753109146, 40343143.000330225]","[[71410482.6656051], [8114018.753109146], [40343143.000330225]]",119867644.41904499,1697162414,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xfc76965b400c55344ca9aa3134c17492b0c4585671965626fd42a19a76beeaca,Premia STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137914945,closed,"[160791208.61687335, 7323061.766596837, 631426.994355248]","[[160791208.61687335], [7323061.766596837], [631426.994355248]]",168745697.377826,1697164124,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x0908edd135f544cdf93dd628bf9813b0f3af517c6d87838a42639885b8bb9fb3,RabbitHole STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137914801,closed,"[138289451.90809965, 15420786.434385588, 12209931.19346542]","[[138289451.90809965], [15420786.434385588], [12209931.19346542]]",165920169.5359508,1697162420,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x2a76127c0059f06f9aef7f8baeca76a6d9c69d3b44e2d88087be0dd3b59b763a,Arbidex STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137914658,closed,"[2006951.7872762, 42839545.79829543, 63918009.33484015]","[[2006951.7872762], [42839545.79829543], [63918009.33484015]]",108764506.92041345,1697162401,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x678e4a657f451b1acd6247618e6beb6d258e5ab9eb9122ed276e2486a9d907ee,RADIANT STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137914508,closed,"[181686359.47010753, 3325327.085209128, 499350.6351576604]","[[181686359.47010753], [3325327.085209128], [499350.6351576604]]",185511037.19047508,1697162438,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x44e5dfaa684ea711bb8cfaef43845b917044dc920e7a1c78d8afed201a416f52,WINR Protocol STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137914347,closed,"[147674553.65323427, 3996023.7476270273, 32769049.360633433]","[[147674553.65323427], [3996023.7476270273], [32769049.360633433]]",184439626.76149604,1697162431,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xf1191061060d8924405b366468d2ce36fbc28653ddaef6678216924d37570e9e,ApolloX STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137914208,closed,"[9149268.938542465, 80280037.22965592, 34036249.10573858]","[[9149268.938542465], [80280037.22965592], [34036249.10573858]]",123465555.27393752,1697164996,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x4ddcb7cc7764e5ca54a1e5a7e09a3300398c38f7133fb0506da6b0071b610170,NFTEarth STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137914082,closed,"[984619.6541986278, 91723918.27142487, 24383219.670283914]","[[984619.6541986278], [91723918.27142487], [24383219.670283914]]",117091757.59590797,1697162433,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x029f9208ec4560c5c4868bcf1a5633ffb15aa69f5000fbaa22146632b440188a,SpartaDEX STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137913872,closed,"[1601372.2464247842, 56738205.7595334, 51052380.838193074]","[[1601372.2464247842], [56738205.7595334], [51052380.838193074]]",109391958.84415284,1697162420,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x3151691cde313ff87ff4024b75a40296c4b1244a37efdd6f10d53c6589c9bfde,Tales of Elleria STIP Proposal - Round 1,"This is a proposal for the [Arbitrum Short-Term Incentives Program](https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131), you can find the details of this specific protocol’s proposal in the forum link attached below. The Arbitrum Short-Term Incentive Program comprises up to a 50,000,000 ARB budget earmarked for incentive grants for eligible protocols. To succeed, an application must reach a 71.51M ARB Quorum and receive more than 50% of votes in favor of the proposal. Successful applicants will receive funding following coordination with the Arbitrum Foundation and the STIP-ARB multisig. Funding is dependent upon completion of each applicant's KYC and signing of the Arbitrum Foundation grant agreement form. Funding will be allocated on a per-grant basis dependent upon the amount of votes in favor of each proposal until the 50,000,000 ARB budget has been exhausted.","['For', 'Against', 'Abstain']",1696557600,1697162400,137913662,closed,"[116080574.5418438, 18894430.093002353, 30353480.26641893]","[[116080574.5418438], [18894430.09300235], [30353480.26641893]]",165328484.90126553,1697162428,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0x5824d0b51cc435a49f6455ee2715216d6b958637218ed79e3e93c41af6bdef33,GovMonth Sensemaking - Growth and Innovation,"As #GovMonth is reaching its end, it's time to reflect on the initiatives of last month and think about where we go next. With that in mind, we'd like to ask the community to rank the following statements in order of value to the Arbitrum Ecosystem in terms of helping foster **growth and innovation** in the Arbitrum ecosystem. These are the statements: 1. Develop accountability practices within ArbitrumDAO. 2. Identify the key capabilities that will lead to improved DAO performance. 3. Form alliances with legacy institutions to boost our growth. 4. Fund projects to enhance cross-chain compatibility. 5. Improve gas fee optimization. 6. Define growth strategies. 7. Incentivize users and builders to come to Arbitrum. 8. Scale of the platform. 9. Offer educational opportunities to build the community. 10. Evolve governance capabilities.","['Statement 1', 'Statement 2', 'Statement 3', 'Statement 4', 'Statement 5', 'Statement 6', 'Statement 7', 'Statement 8', 'Statement 9', 'Statement 10']",1695816000,1696420800,135082433,closed,"[0, 0, 0, 0, 0, 0, 31871332.00648964, 0, 0, 21678894.16051554]","[[0], [0], [0], [0], [0], [0], [31871332.00648964], [0], [0], [21678894.16051554]]",53550226.16700518,1696421147,0xf9551c66995eD3Ff9bb05C9Fd7ff148Bd75dc99a 0x14e71f784e880170972572c2696ef53ef437700c637a151b5176a5827fe5b8bc,GovMonth Sensemaking - Reducing Friction,"As #GovMonth is reaching its end, it's time to reflect on the initiatives of last month and think about where we go next. With that in mind, we'd like to ask the community to rank the following statements in order of value to the Arbitrum Ecosystem in terms of reducing friction to enter and participate in the Arbitrum ecosystem. These are the statements: 1. Build a robust community of developers in ArbitrumDAO. 2. Make Arbitrum more accessible and easier to use for developers 3. Create an inclusive environment for our community. 4. Encourage meaningful participation in the DAO activities 5. Raise awareness about the opportunities on Arbitrum 6. Prioritize Gas fee optimization. 7. Ensure regulatory compliance. 8. Build out anti-Sybil protections. 9. Uphold transparency in both project and governance development. 10. Improve the equity of token distribution.","['Statement 1', 'Statement 2', 'Statement 3', 'Statement 4', 'Statement 5', 'Statement 6', 'Statement 7', 'Statement 8', 'Statement 9', 'Statement 10']",1695816000,1696420800,135081878,closed,"[0, 27781258.253628, 0, 0, 0, 27550231.928721163, 0, 0, 0, 0]","[[0], [27781258.253628], [0], [0], [0], [27550231.928721163], [0], [0], [0], [0]]",55331490.18234916,1696421503,0xf9551c66995eD3Ff9bb05C9Fd7ff148Bd75dc99a 0x6fc671517d63e69232fafd581e9461c50150008aa61f5571d2767a150d24779c,Arbitrum as official sponsor of Ethereum Mexico 2023,"### Abstract: Ethereum Mexico is a driving force for Ethereum growth in Mexico, educating individuals on blockchain technology and promoting Ethereum values. Serving as a link between the Ethereum community, the Ethereum Foundation, and Mexico’s local communities. Our organization offers IRL Meetups, Twitter Spaces, Workshops, and educational content. One of their major 2023 initiatives is a large event in Mexico City, set for October 21st, expecting over 800 attendees. This event aims to foster education and innovation within the Ethereum community. Having engaged in events like, ETHMexico, #RoadToDevcon and EthLATAM since June 2022, Ethereum Mexico wants to move beyond just market talk and truly display Ethereum’s transformative power. To gain insights into our previous achievements, please review our metrics here: [Ethereum México comunidad - Google Slides](https://docs.google.com/presentation/d/1dZMfscIjI2z48pGkG3Lr_IyqpX-ONcfqUy7f7ddPbf4/edit) ### Motivation: The project is fueled by a pressing need to fill the educational and resource gap in Mexico concerning Ethereum and blockchain technology. It aims to create a more inclusive and diverse Ethereum community in Mexico, thereby contributing to the global Ethereum ecosystem. Ethereum Mexico is not just another crypto initiative; it’s a mission-driven project that focuses on real-world impact. Far from falling into speculative conversations, it aims to educate people about the transformative power of Ethereum as public infrastructure. ### Primary Objectives: * To educate individuals about the safe and effective use of blockchain technology, focusing on the Ethereum ecosystem. * To disseminate the core values and tools of Ethereum and Web3 to a broader audience. * To provide unwavering support and assistance to local communities in conceptualizing, building, and scaling Ethereum-related projects. * Establishing strong collaborations with the Arbitrum Foundation and other key stakeholders in the Ethereum ecosystem. ### Format of the event: Our one-day event will feature a diverse range of talks, workshops, and community showcases. With its significance in the local Web3 scene, we anticipate the event will generate substantial activity in Mexico City, including various side events. Leading up to the main event, we will also host multiple gatherings in different cities to foster networking among local communities. ### Expected Audience: * Developers * End users * Potential contributors ### Confirmed Sponsors: * Ethereum Foundation * Ledger * Metapool * Liquity ### Deliverables: 1. Registration area branding 1. Logo present in event artwork 1. Press release mention 1. Social Media announcement 1. Metallic stickers of your logo 1. Talk about Arbitrum’s technology, roadmap, and real-world applications 1. Logo during streaming breaks 1. Booth of 2x1.5 meters / On-site activation 1. Workshop 1. 1 Follow up support virtual session after the event 1. 1 dedicated IRL event about your project to the community, devs and builders in México City before or after the event for 30+ people. 1. 2 scholarships for builders to attend the event (open to individuals within the national territory) + Twitter Post ### Details about Scholarships: We will open applications for scholarships to individuals within the national territory, covering accommodation and transportation expenses. Selection will be based on applicants’ interest in building, prior contributions, and background. ### Details about IRL Event in Mexico City: This post-event IRL gathering in Mexico City will provide a platform for Arbitrum to engage with the community, including talks, panels, or workshops, accompanied by a coffee station. ### Ticket Pricing and Courtesies: We aim to keep ticket prices for the core event below $12 to ensure accessibility. A limited amount of merchandise will be available for purchase through pre-orders only, with around 200 tickets provided for free to select communities and students. ### Reporting and Metrics: Engagement at Arbitrum booth: Minimum: 30-49 meaningful conversations about Arbitrum. Expected: 50-99 meaningful conversations about Arbitrum. Exceeded: +100 meaningful conversations about Arbitrum. Source: Tracking of POAP received by individuals after engaging with Arbitrum. Attendance at Arbitrum workshop: Minimum: 15-29 attendees at Arbitrum workshop. Expected: 30-39 attendees at Arbitrum workshop. Exceeded: +40 attendees at Arbitrum workshop. Source: POAP to participants after they complete the Arbitrum workshop. Streaming views during Arbitrum talk: Minimum: 700-999 views/streams during the talk. Expected: 1,000-2,999 views/streams during the talk. Exceeded: +3,000 views/streams during the talk. Source: View counts will be monitored on our YouTube channel. Attendance at in-person (IRL) event about Arbitrum: Minimum: 15-29 attendees at IRL events. Expected: 30-49 attendees at IRL events. Exceeded: +50 attendees at IRL events. Source: Attendance data will be collected and verified through the issuance of POAP to event attendees. Testimonial from scholarships Source: 1-3 min. recording of scholars sharing their experiences. --- ### Budget and Timeline: **Budget: 9483 ARB** Breakdown: Registration area branding: 415 Logo in event artwork: 415 Press release mention: 237 Social Media Announcements: 355 Metallic Stickers of Arbitrum Logo: 237 Talk & Logo during Streaming Breaks: 1781 Booth / On-site activation: 1781 Workshop focused on the Arbitrum Ecosystem: 1184 1 Follow-up Support Virtual Session: 592 1 dedicated IRL event about Arbitrum: 1184 2 Scholarships: 1184 (592 each) Twitter Post: 118 ### Timeline: Milestone 1: Pre-Event Activation (Depending on Governance Process) Contract finalization Preparation of marketing materials, including press releases, social media announcements, and branding materials Milestone 2: Event Execution (Q4 2023) On-site activation, including Registration area branding, booth set-up, and social media promotions Workshops, Talks, and other Interactive Sessions Collect metrics for reporting and tracking Milestone 3: Post-Event Follow-up (within 1 month after the event) 1 follow-up support virtual session 1 dedicated IRL event about Arbitrum in México City Final report and metrics evaluation Testimonial collections ### Team: Bricia Guzman: Bachelor in Public Accounting, Project Manager at General Magic, Co-Founder of Ethereum México, and Optimism Delegate. AnaTech_eth: Community Manager Arbitrum Foundation. Co Founder and volunteer to Ethereum Mexico in free time. Ariiellus: Bachelor in Mechanical and Electric Engineering, Project Management Specialist by Platzi, Token Engineer by TEA, Game Theory Course by Stanford University. Founder of Kairos Research and Co-Founder of Ethereum Mexico. Facunar97: Bachelor Degree in Business Administration, Researcher/Analyst at Espacio Cripto, and Co-founder and Content Lead for Ethereum Mexico. Acidlazzer: Animation and Visual Effects Engineer at the Universidad Politecnica de Sinaloa, visual artist specialized in the musical area, graphic designer, and project manager for multiple Web3 organizations. Dmars300: Founder & CEO @Cryptoversidad, Sponsors relations @Ethereum Mexico. 0xyNaMu: Experienced impact evaluation specialist with a background in public policy consulting and FinTech. She co-founded IEF and WAGMI LATAM, and is a Governor at HER LATAM. LauNaMu has been active in the web3 space since 2021, advising emerging projects on on-chain data strategies for effective impact measurement and ecosystem positioning. Chuy García: Film and music industries in México, event planning and community building. Karen84.crypto: Master’s degree in law, blockchain consultant and regulator, personal finance coach, Web3 educator, writer, and speaker, member of Nación Bankless committee, Ethereum México core team member, and founder of Búho Financiero. *We believe that together, we can propel Ethereum to new heights in Mexico. Your support is invaluable, and we look forward to realizing our shared vision. Thank you so much.*","['For', 'Against', 'Abstain']",1695644252,1696249052,134456934,closed,"[33993644.35347335, 18639075.592859868, 696226.9862036847]","[[33993644.35347335], [18639075.592859868], [696226.9862036847]]",53328946.932540245,1696249887,0xAbAbE91A907fAdff921720C43ABe4098e7245E99 0x5e0057920df9a278918e4de4ee1e6de7e2415d2af985e40a6c7a1a4b47a4ce01,Arbitrum Short-term incentive Program,"Note: This proposal has been posted on behalf of the Arbitrum Incentives Working Group as a result of multiple community calls and workshops between multiple stakeholders. It does not exclude external incentive proposals from outside of the proposed structure.* **Abstract** This proposal outlines a one-time, community-created program to distribute up to 75,000,000 ARB of DAO-funded incentives targeting active Arbitrum protocols. Aimed at fulfilling short-term community needs, the program plans to allocate DAO-owned ARB towards incentives while ensuring transparent consensus and distribution methods. It spans two voting rounds and provides incentives to eligible programs designed to fund incentives through the January 31, 2024. It asks all participating grantees to self report data, and dashboards, summarizing grant performance. **Motivation** This provisional framework aims to distribute incentives fairly and effectively using transparent criteria agreed upon by the community, while a thorough system is developed (1 19, 2 7, 3 4, 4 5). The goals of the program are to: • Support Network Growth: Accelerate the distribution of incentives to Arbitrum dApps to drive network and ecosystem growth. • Experiment with Incentive Grants: Experiment with grant distribution to uncover new incentive strategies that increase user engagement and increase volume, transactions, and liquidity in the Arbitrum ecosystem. • Find new models for grants and developer support that generate maximum activity on the Arbitrum network. • Create Incentive Data: Generate data on the efficacy of distributed grants to inform future incentive programs and incentive design. **Rationale** By incentivizing the use of existing Arbitrum dApps through this proposal, we anticipate increased volume, transactions, users, and liquidity, laying the groundwork for a dynamic ecosystem. While the proposal acts as an experimental program, its primary goal is to ensure basic safeguards while promoting innovative incentive strategies. Given that this proposal aims to be a one-time, short term incentive distribution, it lacks the accountability and operational rigor that a full program may provide. As such, we encourage protocols to consider that the use of funds will be both evaluated, and monitored by the community. Any misbehavior, or failure to comply with grant requests will likely result in ineligibility, or at the very least significant discernment, in future incentive or grant programs. **Specifications** The Arbitrum Short-Term Incentive Program will comprise up to a 75,000,000 ARB budget earmarked for incentive grants for eligible protocols. In order to expedite the distribution of this capital to the ecosystem, the DAO will adopt a bifurcated process comprising two separate processes: the Financial Proposal and Application Process. **Steps to Implement** ![8b05a5d34faf8659a144f1d35081a89ae83e237e.png](ipfs://bafkreiaizvrpzwo5bn6lxl5ikdywhfakyphtdukgkywpuzpvlrokaaj2oe) Following a successful Snapshot Temperature Check, the DAO will launch an expedited application and review process, allowing applicants to apply for grants concurrent with the on-chain vote to distribute DAO funds from the treasury. The Snapshot Temperature Check will be designed to both achieve consensus and approve funding across four options, where each vote will distinguish support of up to X ARB through the end of January 31, 2024: • For up to **25M ARB** through January 31, 2024. • For up to **50M ARB** through January 31, 2024. • For up to **75M ARB** through January 31, 2024. • Against. **Financial Proposal** The Financial Proposal will comprise the following: • A ratification of the Arbitrum Short-Term Incentive Program and application template 37 as articulated in this document. • Approval of the eligibility criteria, grant budget parameters, distribution strategy, and evaluation requirements. • A 25,000,000, 50,000,000 or 75,000,000 ARB distribution to the program Multisig. • A 32,000 ARB operational budget for community/project facilitation. o 20,000 ARB to @tnorm as retroactive payment for conducting community moderation:  Draft and review of multiple iterations of incentive proposals.  Moderation of community calls and working group telegram.  Coordination individually across dozens of stakeholders and community members over the past three weeks. o 12,000 ARB Multisig Signers (A new version of the PL-ARB Grants Safety Multisig 17 - 2K per signer). **Multisig Setup** A new multisig will be created with the signers from the original pl-ARB multisig, under the name of the Arbitrum DAO. The new multisig will include two features to ensure accountability of signers and grantees: 1. Clawback capability so the DAO can retrieve funds if the multisig violates the agreement. 2. Streaming of funds to grantees every second week for the grants duration using Hedgey. This allows for the halting of funds if misuse is discovered with the goal to stop bad actors, not punish bad designs. **What are the Eligibility Requirements?** Grant Requirements: • Grantees are required to keep distributions in ARB without converting to other assets. • Grantees must not farm their own incentive programs. • Grantees must outline a spending plan, provide a pro forma, and state the grant’s objective. • Grantees must commit to providing data on distributions, all ARB spending transactions, and key metrics like daily TVL, transactions, volumes, unique addresses, and transaction fees. This data should cover 30 days before, during, and after the Incentivization period, and be presented preferably in a Dune Spell/dashboard or alternatively in a report. • Grantees must agree to share all contract addresses being used to distribute incentive rewards. • Grantees must disclose the contracts being incentivized and denote any external contracts being incentivized as part of the program. • Grantees can only incentive contracts on the Arbitrum Network. • Grants are not to be used in DAO governance. • Grantees are expected to not encourage or partake in sybil attacks against the forum to sway community opinion. • Grantees must agree to KYC with the Arbitrum Foundation in order to receive funds. • Grantees must apply using the approved program application template 15. By streaming grant payments, the multisig will be empowered to hold grantees accountable to their proposals by halting fund streaming for any of the following reasons: • Any use of funds not explicitly described in the grantees application. • Failure to comply with data reporting standards. o Grantee recipients will be required to provide Dune dashboards uploaded and posted to the forum by eligible teams by December 15, 2023. • • Dashboard requirements are: Daily TVL, transactions, volumes, unique addresses, and transaction fees for incentivized protocols. This data should cover 30 days before, during, and after the Incentivization period. If a metric does not apply, or this is not achievable, it should be noted in the application. • • More granular dashboards (including pool-level and user analysis) will be noted by the community for future programs. o If dashboards are not posted by this date, the multisig will be empowered to halt incentive funding streams for protocols at their discretion. In that this proposal aims to be experimental, the multisig is not intended to provide quality control on the design of incentive programs. Rather, they are empowered to halt streaming in the event of negligence or misuse of funds. **Eligibility and Evaluation Guidelines** Grants span two award cycles, but projects can only be awarded once. Projects rejected in the first cycle are invited to address delegate/community feedback and reapply for the second cycle. Protocols can submit grant applications for amounts they feel appropriate. While there’s no ARB limit, delegates and voters will assess each grant individually. As such, the Arbitrum Working Group has included four grant categories, as well as some recommended metrics by which the community might consider evaluating the grants: • **Beacon Grants (<= 200K ARB)** o Recommendations:  Live on Arbitrum for at least 2 months.  Meets one of the following criteria:  .> $1.5M TVL.  .>$2M 30D cumulative Volume. • **Siren Grants (Up to 750K ARB)** o Recommendations:  Live on Arbitrum for at least 4 months.  Meets one of the following criteria:  .> $4M TVL.  .>$40M 30D cumulative Volume. • **Lighthouse Grants* (Up to 2M ARB)** o Recommendations:  Live on Arbitrum for at least 6 months.  Meets one of the following criteria:  .> $15M Arbitrum Network TVL.  .> $100M 30D cumulative Volume. • **Pinnacle Grants* (> 2M ARB)** o Recommendations:  Live on Arbitrum for at least 12 months  Meets one of the following criteria  .> $30M Arbitrum Network TVL  .> $200M 30D cumulative volume *Grants greater than $1M ARB will be asked to include milestone-based funding tranches in their application. One could reasonably use the date of publication for this proposal to inform these metrics. **Steps to Implement (How does the DAO Approve Grants)?** Grants will be approved via a three week process across two cycles. Cycle 1 1. Application Period (1 Week): During the Application Stage of the program, eligible protocols will be invited to post proposals in the “Incentive Grant Applications” Category of the Arbitrum Forum using the official Application Template 20. Once posted, the community may provide feedback on the proposal through the end of the Review Period. 2. Review Period (1 Week): Delegates and network stakeholders will be asked to provide feedback on grant applications upon each specific forum post. Delegates should engage with the goal of ensuring the responsible use of funds. This means an application should represent a comprehensive strategy for incentive distribution, align with the program goals and requirements, and present their plan to adhere to the aforementioned data standards. Applicants are expected to adjust, amend, and update their proposals in line with community feedback over this time period. Due to the accelerated timeline of the program, feedback and communication between delegates and applicants will be critical. 3. Voting Period (1 Week): A delegate will sponsor the proposal throughout the governance process for each grant application. ARB holders and ARB delegates will be invited to vote on each submitted proposal via Snapshot Poll. To succeed, eligible applications must receive a greater than 50% majority in favor of the proposal, and receive greater than 71.51 million ARB in favor of the application. If successful, applicants will coordinate with the Arbitrum Foundation and the PL-ARB multisig to secure the completion of KYC, and receive funding to the address included in their application. Cycle 2 Repeat the process outlined in Cycle 1, with the exception that the review period for the second round will comprise a 2 week review period. **Timeline** [See image above] Sep. 01, 2023 - Forum Post Sep. 09, 2023 - Snapshot Vote Begins Cycle 1 Sep. 16, 2023 - On-Chain Vote and Application Period Sep. 23, 2023 - Review Period Begins Sep. 30, 2023 - Voting Round Begins Oct. 07, 2023 - Funds Distributed Cycle 2 Oct 07, 2023 - Application Period 2 Begins Oct 14, 2023 - Review Period 2 Begins Oct 28, 2023 - Voting Round 2 Begins Nov. 04, 2023 - Funds Distributed **Overall Cost** Up to 75,032,000 ARB. **Outstanding Questions and Concerns** What happens if the budget is exceeded? We do not expect applications to exceed the funding budget of 75M ARB. However, if requested grants do exceed the allocated budget, funding will be allocated on a first-come, first-serve basis dependent upon the time the proposal was submitted to the Arbitrum Forum. In the event that the budget is exceeded, the DAO may choose to unlock further funds for a third round, or backfund successful incentive proposals. What will happen to excess funds? Following Cycle 2, excess funds remaining in the multisig will be returned to the Arbitrum Treasury address by the multisig. What is the plan after the Short Term Incentive Program? The Short Term Incentive Program is designed specifically as a one-time program, with the intention of allowing incentives while the DAO designs a more robust, sustainable program in the months throughout the end of the year. At the end of the year, if there is no program in place, protocols can put forth direct votes to on-chain governance to extend their programs. This program offers an opportunity for participating protocols to demonstrate mission-aligned conduct as justification for future funding. What are the specific KPIs for this program - what determines its success? • Community Support: The primary KPI for this proposal is aligning with both delegates and protocols to agree on the distribution of funds through the end of 2023, with an agreement to work towards a more efficient, comprehensive, and effective program in 2024. • Network Activity: An increase in network metrics such as TVL, Volume, Users and Transactions on the incentivized protocols in addition to an increase in general network activity. • Community Awareness: Raised awareness, collaboration, and understanding of incentive distribution strategies and tactics. • Incentives Data: Increased data on incentives, grants, and protocol behavior to inform future Arbitrum incentive programs and iterations. **Forum Link ** This snapshot is replication of the forum post. The forum post includes link to various reference material, forms, etc... which can be reviewed on the link below https://forum.arbitrum.foundation/t/arbitrums-short-term-incentive-program-arbitrum-improvement-proposal/16131/","['Up to 25M ARB through Jan 2024', 'Up to 50M ARB through Jan 2024', 'Up to 75M ARB through Jan 2024', 'Against']",1694404708,1695009508,129991563,closed,"[62609699.07880869, 119918144.1295113, 0, 0]","[[62609699.07880869], [119918144.1295113], [0], [0]]",182527843.20832,1695009521,0xF92F185AbD9E00F56cb11B0b709029633d1E37B4 0x84e841ad47a5ac7eae2c8ee87c05abc381f8e724598d939ae67060487268304f,"Domain Allocator Election for the Education, Community Growth and Events Domain","**Introduction:** This is a vote to elect the Domain Allocator for the Education, Community Growth and Events domain within the Arbitrum ecosystem grants run through the Delegated Domain Allocation model. More details around this domain and interested domain allocators can be found [here](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759). - Time Commitment: 15 hours per week, adjustable based on the volume of proposals. **Preferred Credentials:** - Experience in builder community growth and technical bootcamps Candidates: - Jengajojo: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/4), [Twitter](https://twitter.com/jengajojo), - Oyeniyi Abiola Peace: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/5), [Twitter](https://twitter.com/_iamoracle) - Steve: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/10), [Twitter](https://twitter.com/happyutok) - Dumbird: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/15), [Twitter](https://twitter.com/realdumbird) - Cattin(SEED Latam): [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/16), [Twitter](https://twitter.com/Cattin0x) - Raj: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/19), [Twitter](http://twitter.com/rajkaria_) - Shreddy: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/30), [Twitter](https://twitter.com/shreddydefi) - Vardhanam (The Other DAO): [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/33), [Twitter](https://twitter.com/vardhanam_eth) - Zer8: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/31), [Twitter](https://twitter.com/zer8_future) - Jonas: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/32), [Twitter](https://twitter.com/jooooo5as)","['Jengajojo', 'Oyeniyi Abiola Peace', 'Steve', 'Dumbird', 'Cattin (SEED Latam)', 'Raj', 'Shreddy', 'Vardhanam (The Other DAO)', 'Zer8', 'Jonas']",1694022779,1694627579,128644783,closed,"[1054202.0619113415, 261059.6580321866, 383098.37672500167, 15520643.15022453, 52123104.816608146, 215494.6666204972, 38176870.64882928, 1520098.1678475044, 696506.961489537, 623504.838103533]","[[1054202.0619113415], [261059.6580321866], [383098.37672500167], [15520643.15022453], [52123104.816608146], [215494.6666204972], [38176870.64882928], [1520098.1678475044], [696506.961489537], [623504.838103533]]",110574583.34639286,1694627828,0xb29A655f3D67B2B6724Fb22B2C2303cB660c946B 0xfa78979a7afa0b0df5c885ebf3a0d46c3676152c6c95b482ed9e91c2ed2dcca5,Domain Allocator Election for the New Protocol Ideas Domain,"**Introduction:** This is a vote to elect the Domain Allocator for the New Protocol Ideas domain within the Arbitrum ecosystem grants run through the Delegated Domain Allocation model. More details around this domain and interested domain allocators can be found [here](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759). - Time Commitment: 15 hours per week, adjustable based on the volume of proposals. **Preferred Credentials:** - Core contributor to Arbitrum protocol Candidates: - Jojo: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/2), [Twitter](https://twitter.com/jojo17568) - Ceazor: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/6), [Twitter](https://twitter.com/Ceazor7) - Matt (StableLabs): [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/11), [Twitter](https://twitter.com/StableLab) - McFly: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/25), [Twitter](https://twitter.com/0xmcflyeth) - Blocktools: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/28), [Twitter](http://www.twitter.com/blocktoolbox) - Marc (blockshard): [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/29), [Twitter](https://twitter.com/BumpyTale) - Zer8: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/31), [Twitter](https://twitter.com/zer8_future) - Jonas: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/32), [Twitter](https://twitter.com/jooooo5as) - Apoorv Anand: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/38), [Twitter](https://twitter.com/Apoorvanand99)","['Jojo', 'Ceazor', 'Matt (StableLabs)', 'McFly', 'Blocktools', 'Marc (Blockshard)', 'Zer8', 'Jonas', 'Apoorv Anand']",1694022494,1694627294,128643808,closed,"[57975860.362200834, 1004403.6875868916, 45147948.328126274, 745270.2606302015, 189100.0387321559, 255592.53153481704, 114897.89931475864, 139801.7813851954, 109112.54888953811]","[[57975860.362200834], [1004403.6875868916], [45147948.328126274], [745270.2606302015], [189100.0387321559], [255592.53153481704], [114897.89931475864], [139801.7813851954], [109112.54888953811]]",105681987.43840152,1694627572,0xb29A655f3D67B2B6724Fb22B2C2303cB660c946B 0x6a578c12950f9367d2530b0324f06835bf9df5b957adcfe2bce1a240dcc09ae4,Domain Allocator Election for the Dev Tooling Domain,"**Introduction:** This is a vote to elect the Domain Allocator for the Dev Tooling domain within the Arbitrum ecosystem grants run through the Delegated Domain Allocation model. More details around this domain and interested domain allocators can be found [here](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759). - Time Commitment: 15 hours per week, adjustable based on the volume of proposals. **Preferred Credentials:** - Core contributor to Arbitrum and popular L2s in Web 3 Candidates: - Juandi: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/8), [Twitter](https://twitter.com/ImJuandi) - Hiko: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/36), [Twitter](http://twitter.com/HikoDeFi) - Shlok Mange: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/37), [Twitter](https://twitter.com/shlokm289)","['Juandi', 'Hiko', 'Shlok Mange']",1694022217,1694627017,128642925,closed,"[55393379.00031029, 27239748.18773291, 590706.6340536049]","[[55393379.00031029], [27239748.18773291], [590706.6340536049]]",83223833.82209708,1694627305,0xb29A655f3D67B2B6724Fb22B2C2303cB660c946B 0x399ccb013b49076b1ec98dd48fb088c061d3a1db45b528d8854d59c4dabe2336,Domain Allocator Election for the Gaming Domain,"**Introduction:** This is a vote to elect the Domain Allocator for the Gaming domain within the Arbitrum ecosystem grants run through the Delegated Domain Allocation model. More details around the gaming domain and interested domain allocators can be found [here](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759). - Time Commitment: 15 hours per week, adjustable based on the volume of proposals. - Primary Responsibility: Sourcing, reviewing, funding grant proposals that fall under the gaming domain and sharing the rationale for their decisions on each proposal **Preferred Credentials:** - Experience in game development or a deep understanding of the Web3 gaming industry **Candidates:** - Jeremy: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/12), [Twitter](https://twitter.com/jerame30) - Idea2IDO Investing: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/13), [Twitter](https://twitter.com/idea2ido) - Bob Rossi: [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/14), [Twitter](https://twitter.com/BobRossiETH) - Adam (Flook): [Application](https://forum.arbitrum.foundation/t/arbitrum-dao-grants-domain-allocator-nominations/15759/17), [Twitter](https://twitter.com/Flook_eth)","['Jeremy', 'Idea2IDO Investing', 'Bob Rossi', 'Adam (Flook)']",1694021972,1694626772,128642151,closed,"[26104079.620892186, 795773.8679203837, 14281724.398744864, 48437820.3762562]","[[26104079.620892186], [795773.8679203837], [14281724.398744864], [48437820.3762562]]",89619398.26381525,1694626932,0xb29A655f3D67B2B6724Fb22B2C2303cB660c946B 0x5c0cecde14ec0b83c954b47c2d79348ce249019b83894f3938fc80b45e1232da,Time Management in Arbitrum’s Governance,"Informational Non-Constitutional AIP ## Abstract To optimize time and organization, we propose that all Snapshot voting, that is, Phase 1 (as displayed on our diagram on the details of the proposal below), start on Monday of each week. This will be organized as follows: * 17 Votes for what remains of this 2023 (starting from September) * 53 Votes throughout 2024 ![Pwv_L9X7r2Zs_4OK7spesPWN4GJOFYzlx1Ni-eQUYpgPRWOq_9FHxdmxZm5VJvE_i05jcDemx3lHqisNdV1XFci35fslxQgzn0E2DTqMvsjECRH5mmVlbpSvQyTGoGOqP1kMApGOnBBqDXEQnRBJsrw.png](ipfs://bafybeifjml2bsdnsq4fidkrfkoucmzrks4z2jri5zpuxprgygnxi2a2lxu) ## Motivation On April 2nd, the Arbitrum governance presented its first proposal for discussion. Since then, the forum has received about 39 proposals covering a variety of topics and motivations. Although most of these discussions have been managed in an orderly manner, an increase in the volume of daily proposals could lead to the disorganization of the DAO and an overload of work for the voters. The order and predictability of the dates aim to make the DAO more efficient without losing its dynamism. ## Justification We consider it necessary to establish the basic infrastructure for the DAO. Therefore, we propose an improvement in the scheduling of proposals. As time goes on, we are likely to see more and more proposals being published; this growth in proposals is fundamental for Arbitrum's success, so we must be organized so that the flow of voting and proposal is as clear and simple as possible. ## Details of the Proposal Currently, the procedure to bring an AIP to a vote is as follows: ![592b3c93c0daa6161427ffa1a5926933e33dfc76.png](ipfs://bafkreiemrsidr37dngxewbijvpe73vfluchh2clj42wagujei7ec45i5lm) A proposal can be sent to Snapshot (by an address with a weighted vote of 0.01%) randomly any day of the week. We propose that proposals only be sent to Snapshot every Monday so that the votes start at the beginning of the week. The votes for 1 month would look something like this: ![d3ab2463d208946cc43eda4aa933f9f960f29010.png](ipfs://bafkreibt5u65pugwvi4puf5dr7x4xev5jgavo6wi32edemfusrfhrbgf44) ## Considerations * More than one proposal can be sent to Snapshot. This depends on the delegates who pass the proposals to vote. * This schedule does not interfere with the Security Council voting process. * Proposals should be sent to Snapshots every Monday from 00:00 until 23:59. * If a proposal is not sent to Snapshot the Monday after its publication, it can still be sent in the following weeks. * There may be some Mondays when there are no proposals to publish. * In case the Arbitrum Foundation integrates a Governance Facilitator, this should ensure that the schedule is followed. We also have to emphasize that given the nature of onchain governance, this proposal isn’t necessarily binding to delegates - since delegates can still push proposals at any moment, so it simply serves as a recommendation for better organizational practices and forum guidelines, making Arbitrum’s governance more predictable for both contributors and voters. ## Timeline This proposal, if accepted, can be implemented the first Monday after it has been approved since it doesn't really require any technical implementations or funding. ## General Cost This AIP does not require funds.","['For', 'Against', 'Abstain']",1693454450,1694059250,126581425,closed,"[40735896.10155481, 375513.1997078153, 1037550.1388892804]","[[40735896.10155481], [375513.1997078153], [1037550.1388892804]]",42148959.440151975,1694059682,0xAbAbE91A907fAdff921720C43ABe4098e7245E99 0x66b953a7cf4de9f6de54e6eb87ae291b5cc62f12c7fed68eba91043607883221,Proposal: Building the Future of NFTs: The Rarible Protocol - Arbitrum Integration Proposal [REVISED],"Category: Non-constitutional Proposer: RARI Foundation ## Abstract The Rari Foundation is submitting a proposal to jumpstart the growth in the Arbitrum NFT ecosystem. The proposal involves integrating Arbitrum One with the open-source Rarible Protocol, which is an indexer, order book, and SDK powering NFT-based applications, which, once integrated, can be freely and easily used by the Artbitrum builders. ## Motivation The Arbitrum ecosystem is hard for independent developers to build NFT-based applications due to a lack of easy-to-use tooling and infrastructure. Without this support, the developer community will opt for other chains with more robust support for building. Optimism vs. Arbitrum NFT stats as of July 27, 2023, indicate Arbitrum is not the first choice for the creation of NFT assets or contracts. Source: [NFT Scan 3](https://arbitrum.nftscan.com/). ![98d064c39ba85a45bcb0c4831594150174c0ad8c_2_1380x364.png](ipfs://bafkreibumjn6k4xpmflli2bplvqr73mph4t6uuhrzvrzwuw7izhdcnkll4) ![54086dc9319855e9a48199d7ee4860def6b9399b_2_1380x360.png](ipfs://bafkreieaxoqoikmypdsggspy5vjlqzajm4iod2kq5ib5k5n4ouqpoybsrm) The open-source Rarible Protocol is focused explicitly on the NFT use case and will enable builders to develop their next dapps choosing Arbitrum, resulting in bringing in new Arbitrum users and sequencer revenue. The Rarible Protocol is a trusted choice as it’s community governed, has an easy-to-use API, a comprehensive SDK, and is committed to expanding its capabilities to power innovative NFT use cases. Furthermore, the Protocol is used by [Rarible.com](https://rarible.com/) NFT marketplace, whose brand and community can be leveraged in raising awareness about Arbitrum venturing deeper into NFT tooling. Such signaling to the market will show that the Arbitrum community is serious about growing its ecosystem and flourishing NFTs. Rarible and the Rari Foundation will promote the integration in a cross-marketing push to ensure the NFT and crypto community knows that Arbitrum is serious about NFT growth. This support will consist of (and shall not be limited to): * Regular features on [Rarible.com](https://rarible.com/) 1 top spotlight section (1 million MAU) * Dedicated social support for the launch on Rarible’s and Rari Foundation’s owned channels (Twitter, Instagram, Discord, 800k+ followers combined) * Email blasts for the integration (500k+ subscribers) * Leveraging Rarible’s and Rari Foundation’s press relations * Potentially a hackathon This proposal is being submitted outside of the pending grants framework in order to implement the integration asap, as waiting for the grants framework would result in significant implementation delays. As such, the Arbitrum DAO has an opportunity to express its willingness to incentivize ecosystem growth via strategic partnerships. ## Rationale The proposed AIP aligns with the Arbitrum community’s mission and guiding values by enhancing the utility, scalability, and inclusivity of the Arbitrum network. The Rarible Protocol, a decentralized toolset for NFT applications, is open-source and free, mirroring Arbitrum’s commitment to technical inclusivity and neutrality. By integrating Arbitrum One into the Rarible Protocol, we empower developers to create more complex and innovative applications on Arbitrum. This integration increases accessibility to real-time and historical Arbitrum blockchain data, aligning closely with Arbitrum’s commitment to user-centricity and technical inclusivity. Key Terms The Rari Foundation: The legal entity for the Rari DAO community that is in possession of $RARI Treasury and on the path of possession of the Rarible Protocol Rarible Inc.: A leading NFT marketplace that allows users to mint, buy, and sell NFTs. One of the applications using the Rarible Protocol. Rarible Protocol: Open-source, free-to-use, community-governed Protocol (which includes an SDK, indexer, and order book) for the creation, transaction, and distribution of NFTs. Rarible SDK: A part of the Rarible Protocol that provides a set of tools for developers to interact with multiple blockchains A few notes on the [Rarible Protocol](https://rarible.org/): * It is an open-source, EVM-based SDK and multichain indexer that currently powers 4,000+ NFT marketplaces (including [Rarible.com](https://rarible.org/), and a series of non-marketplace-based applications (like wallets and NFT analytics services - see more use cases [here](https://docs.rarible.org/use-cases/use-cases-overview/)). * Designed as a set of building blocks, the Rarible protocol empowers the creation of fully customized NFT experiences of any level and complexity. ️ * API access is lightning-fast, unified, and comprehensive. You gain seamless access to NFT Items, Collections, Activities, and NFT Metadata across multiple blockchains, including ETH, POL, IMX, FLOW, and TEZ, to name a few —all consolidated within a single endpoint. * The Protocol’s indexer is the fastest on the market. It retrieves blockchain data through fast APIs, eliminating the need for your own indexer and reducing costs associated with maintaining Blockchain Nodes. * User-friendly SDK allows you to connect wallets seamlessly, mint NFTs, put them up for sale, purchase NFTs, showcase collections, and so much more. The Protocol is the feature-rich product on the market (you can do anything NFT related on our Protocol). * Comprehensive Marketplace Support: Our platform offers unrivaled support for various marketplaces, providing access to aggregated order books from major platforms like OS, LR, X2Y2, Sudoswap, and Tezos, so you can ensure your users have access to the most competitive listings in the market. * Cutting-Edge NFT API Integration: We pride ourselves on providing the best NFT API support, seamlessly integrating with popular communication tools such as Discord, Zendesk, VIP support, Slack, and TG. * Powerful Analytics Capabilities: Our platform boasts best-in-class analytics tools, including OLAP statistics and floor price analysis, empowering users with valuable insights into market trends and performance. * Unmatched Reliability: We maintain the highest level of reliability, ensuring a remarkable 99.99% uptime for our Protocol, making us the most dependable choice in the market. ## Specifications Below is a detailed breakdown of how the integration will take place and the platforms and technologies that will be used. ### Rarible Protocol: Integrating Arbitrum One The Rarible Protocol is a decentralized toolset that allows developers to build NFT applications. It includes smart contracts, an indexer, an SDK, and APIs. The integration of Arbitrum One into the Rarible Protocol will extend these capabilities to the Arbitrum ecosystem, enhancing its utility and inclusivity. 1. Rarible Arbitrum SDK - The Rarible SDK will expedite Arbitrum application development. By extending the SDK to support Arbitrum One, we will provide developers with tools for interacting with smart contracts, supporting NFT operations like minting, transferring, and burning, and integrating with multiple wallets. 2. Rarible Orderbook & Smart Contracts - Our contracts, specifically the Rarible Exchange V2, will be deployed to the Arbitrum chain, granting access to our off-chain order book. Certain actions, such as canceling, confirming, updating, or when price changes occur, are on-chain, but orders are created off-chain. 3. Rarible Public API - With the integration of Arbitrum One, the API will offer extended support for these chains, allowing developers to easily access and interact with NFT data on Arbitrum. 4. Rarible Arbitrum Indexer - Rarible’s multichain indexer will be able to track and record NFT events on Arbitrum, providing developers with a comprehensive view of NFT activities on Arbitrum. ## Steps to Implement ### Arbitrum One integration into Rarible Protocol The first key milestone will be integrating Arbitrum into the Rarible Protocol, which will set the foundation for future milestones involving building NFT applications on Arbitrum. Tasks: Integration of Arbitrum One chain into Rarible Protocol * Arbitrum API Integration: This task involves integrating the Arbitrum API into the Rarible Protocol API to support Arbitrum One. * Node Preparation: A separate node for Arbitrum will be set up for rapid indexing upon approval * Contract Deployment: The Rarible Shared NFT, Rarible Factory (for creating collections), and Rarible ExchangeV2 contracts will be deployed to Arbitrum for users to interact with. * Orderbook: Rarible’s order book will be able to store listings, orders, and bids made with the Protocol * Arbitrum Indexer: Index NFT contracts, ERC-721/1155, ERC-20 tokens, Exchange orders & bids (from Seaport & Rarible). * Arbitrum support on Rarible Multichain SDK: This involves adding a new blockchain, connectors to wallets, and ensuring functionality similar to ETH/Polygon. * Debugging and Testing: General debugging of all components will be conducted, along with testing on production with OpenSea orders. * Build Testnet for Arbitrum: An additional environment for the testnet will be set up, including indexing, reindexing, etc. ## Timeline The tentative timeline consists of 7 weeks, 5 of which are the integration phase. If the proposal is approved by early September 2023, the project implementation can be executed in early Q4 2023. ![f2c50222937695d8622cbfc5429a99a48c1efaab_2_1380x274.png](ipfs://bafkreidspk3ghv2f32w5jfvtidmypu32j4pmzyf4lius3zl2nflisd2xsm) ## Overall Cost As the integration of the Rarible Protocol and Arbitrum will benefit both ecosystems, we are offering to split the Rarible Protocol integration costs between our two parties with an equal share. Integration of Arbitrum One into the Rarible Protocol Duration: 5 Weeks Costs: 200,000 $ (Artibtrum portion = 100,000 $) Payment terms: * 50% payable upon proposal approval * 50% payable upon completion The amount is payable in USDC or ETH. Note that the Rari Foundation will absorb costs related to the service and maintenance of the Protocol upkeep after the integration implementation.","['For', 'Against', 'Abstain']",1692990962,1693595762,124919339,closed,"[107698883.00377052, 12753589.954503668, 326833.34466538153]","[[107698883.00377052], [12753589.954503668], [326833.34466538153]]",120779306.30293971,1693596469,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xf34389495435823ac0297d6a5aa832e64cc9a5363ccbf9282351d111843fceea,Proposal to onboard Matrixed.Link as a validator for Arbitrum,"Abstract: This proposal seeks to onboard Matrixed.Link as a validator for the Arbitrum One chain. Motivation: Matrixed.Link is an experienced team that has been actively engaged with Arbitrum since 2021. We have successfully been servicing the Chainlink price feeds on Arbitrum to-date and have operated infrastructure and a Chainlink node for Gainsnetwork.io with a track record of fulfilling over 300,000 on-chain oracle requests on Arbitrum. We have also collaborated with the Tracer DAO in the early days of the chain. Our expertise in running infrastructure has contributed to the securing of hundreds of millions in Total Value Locked (TVL). With our experience and proven reliability, we aim to expand our services by also operating as a validator for the Arbitrum One chain. We are committed to the success of Arbitrum and aim to increase our involvement within the ecosystem with the support of the community.Our team consists of blockchain enthusiasts. We believe that this technology will make the world a better place. We are a pioneer in the Chainlink Network contributing to the creation of the first custom DON, which is one of the most profitable Decentralized Oracle Network to date. Rationale: Given our current role in maintaining mission-critical infrastructure for Chainlink and Gainsnetwork.io, we are well-positioned to undertake the responsibilities of a validator. Our successful operation of bare-metal servers and utilization of reliable cloud providers globally demonstrates our ability to deliver highly secure and reliable services. By extending our capabilities to include validator services, we aim to further contribute to the stability and growth of the Arbitrum ecosystem. Specifications: Our infrastructure includes multiple dedicated bare metal servers operating in collaboration with various cloud providers such as OVH, Hertzner and Digital Ocean. These servers are strategically distributed across different regions; including France, Germany, Finland and our own small data center/office in the Netherlands. To ensure comprehensive oversight and prompt response, we have implemented monitoring and alerting systems that incorporate Graphana and our own custom solutions. This robust infrastructure and our proficiency in running Chainlink nodes and handling on-chain oracle requests position us as a qualified candidate for the role of a validator in the Arbitrum One chain. By leveraging these established systems and our expertise, we are committed to delivering secure and reliable services consistently. Value Add: Our team at Matrixed.Link is honored to contribute as a veteran Chainlink Node Operator by leveraging our experience and expertise to serve as a reliable validator. By joining the active validator set, we aim to strengthen the overall security and performance of the Arbitrum One chain, ensuring its continued success. Team: Comprised of passionate individuals deeply immersed in the Blockchain and Chainlink space, the Matrixed.Link team has been actively operating Chainlink nodes and validators since 2021. Our strong understanding of the technology and unwavering commitment to the ecosystem make us well-suited to undertake the responsibilities of a validator. Chainlink Nodes: We have successfully managed multiple Chainlink nodes, including: Polygon (Matic) Network: View our node on Polygon at https://polygonscan.com/address/0x5543ff441d3b0fcce59aa08eb52f15d27294af21 Arbitrum Network: Explore our node on Arbitrum at https://arbiscan.io/address/0x64ae501217d502be8a1d9d4a4f669fbac6a0c062 Ethereum Network: Discover our node on Ethereum at https://etherscan.io/address/0x1feec90f63b1927d1078d123a57f940e680a3abf Read about our experience as a Chainlink Node Operator here: https://medium.com/@Matrixed.link/matrixed-link-1-year-as-a-chainlink-node-operator-6afe8c6f7024https://twitter.com/chainlink/status/1512446920047923211 Our nodes operate with exceptional reliability, boasting minimal downtime and earning us a stellar reputation for delivering dependable services. Read more about our other custom Chainlink solutions here: https://medium.com/@Matrixed.link/managed-node-services-spotlight-landx-cb1a6b404ad2 https://medium.com/@Matrixed.link/weekly-project-spotlight-stake-link-bda1d9fe8be7https://medium.com/@Matrixed.link/managed-node-services-spotlight-gtrade-a8d1a240c974 Implementation Steps: To become an active validator, we will diligently execute the necessary implementation steps. This includes setting up the required infrastructure, including the installation of new bare-metal servers where applicable. Throughout the process, we will maintain close coordination with the Arbitrum team, ensuring a seamless integration and smooth operation of the validator. Our team is also willing to create extra resources to onboard/troubleshoot other validators.","['For', 'Against', 'Abstain']",1691866058,1692470858,120754137,closed,"[28106999.3610026, 26848146.833631966, 627078.3983810381]","[[28106999.3610026], [26848146.833631966], [627078.3983810381]]",55582224.59301667,1692470863,0xF8E93a7D954F7d31D5Fa54Bc0Eb0E384412a158d 0xfd3551e2a0effc5d900e522b79300f68c351ec930cb05b62f537842508feceff,Proposal: Security Council Elections Proposed Implementation Spec,"Category: Constitutional - Process As part of its governance, the Arbitrum DAO incorporates a Security Council that can take certain emergency and non-emergency actions: Section 3 of the Constitution 10 describes this council in more detail. Initial Setup Transparency Report 3 details the current members of the council. Section 4 on the Constitution outlines an election process that will replace six security council members every six months. The first election to replace the first cohort of Security Council Members is expected to begin on the 15th September. Executive summary This vote relates to the enactment of the Arbitrum Security Council elections. A smart contract system has been developed to enable on-chain voting. That system is final and under multiple security audits. This vote is meant to temperature check with the DAO both the process that will be conducted for the elections, as well as the smart contract system that will enable them. A successful vote will lead to an on-chain proposal that updates the constitution text with the new sections below, as well as the new Security Council election system being activated within the broader Arbitrum governance architecture. Implementation Status The code representing the proposed architecture is currently under audit and is available for full review in: GitHub - ArbitrumFoundation/governance at c18de53820c505fc459f766c1b224810eaeaabc5. The work has already been audited by Trail of Bits and the identified issues have been patched in, the full audit report will be made available in the codebase soon. A Code4Rena audit competition has also been commissioned for the election system and can be viewed at Code4rena | Keeping high severity bugs out of production Background An overview of the election process as described by the Constitution alongside the process for how to enact a code change to Arbitrum’s smart contract suite: Constitution of the Arbitrum DAO 2 (esp. sections 3 10 and 4) - As noted above, this proposal seeks to enact what is already described in the Constitution. DAO Governance Architecture 5 - The proposed architecture makes use of a number of existing governance components. An understanding of the following smart contract suites will help the reader evaluate this proposal as it re-uses several components: Open Zeppelin Governor - The proposed architecture inherits a number of OpenZeppelin contracts. Gnosis Modules 1 - Each of the security councils is a Gnosis Safe, and updating members of the security council is handled via adding Gnosis modules. High-level Election Overview The Constitution specifies that membership of the Security Council is split into two cohorts. Every 6 months, all positions in a single cohort are put up for election. The proposed election implementation, which must adhere to the specification laid out in the Constitution, is split into: Election stages: The process for selecting and voting for nominees. Update stages: Installing the newly elected cohort into the Arbitrum smart contracts. The election process and update stages are performed via on-chain smart contracts. A brief overview of each stage includes: Election Stages Process for selecting and voting for the new cohort of Security council members. Nominee selection (7 days). Candidates must gain 0.2% of total votable tokens in order to make it to the next step. Compliance check by Foundation (14 days). As dictated in the Constitution, the selected nominees must undergo a compliance check to ensure they comply with the legal requirements, service agreements, and additional rules dictated by the Constitution. Member election (21 days). Votes are cast and the top 6 nominees are selected. Update Stages Process to install the newly elected cohort of Security Council members into the Arbitrum smart contracts. Security Council manager update (0 days). The manager is the source of truth for specifying who are the current council members. It processes the election result and takes note on who will be the new security council members. L2 timelock + withdrawal + L1 timelock (3 + 7 + 3 days). All actions that directly affect the core Arbitrum contracts must go through a series of timelocks to protect the right for all users to exit. This is a built-in safety mechanism for users who are unhappy with the approved changes. Individual council update (0 days). Once the updates have passed through the relevant timelocks, the Security Council manager can install the security council members. This requires updating 4 Gnosis Safe smart contracts that are controlled by the Security Council members. Security Council Election Flow ![image](ipfs://bafkreia2bk2mmknletnshsvxbohkbszppbkb3wdntpnraj7x2gwgx2rgqq) Election Stages in detail 1. Nominee selection (7 days) This stage consists of handling election timing, candidate registration, candidate endorsement: Election creation. Elections can be created by anyone, but only every 6 months. The election alternates between targeting the positions on the two cohorts. Once created, this first stage of the election process lasts for 7 days. Candidate registration. During these 7 days, any candidate can register, unless they are already a member of the other cohort. Members of the current cohort (the cohort up for election) are allowed to register for re-election. Endorsing candidates. Delegates can endorse a candidate during this 7 day window. A single delegate can split their vote across multiple candidates. No candidate can accrue more than 0.2% of all votable tokens. Fallback in case of too few candidates. In the event that fewer than 6 candidates receive a 0.2% endorsement, outgoing members of the cohort up for election will be selected to make up to 6 candidates. Implementation details The nominee selection process is implemented by the SecurityCouncilNomineeElectionGovernor contract. It inherits most of its functionality from the Open Zeppelin Governor contracts and we have extended it with an extra feature: Custom counting module to allow delegates to endorse multiple candidates. The governor contract has the following characteristics: A new proposal is created each election cycle, with an identifier unique to that election cycle. Candidates can the put themselves forward by calling addContender. Delegates can call castVoteWithReasonAndParams, supplying custom arguments in the params to indicate which candidate they wish to endorse with what weight. 2. Compliance check by the Foundation(14 days) The Foundation will be given 14 days to vet the prospective nominees. If they find that a candidate does not meet the compliance check, they can exclude the candidate from progressing to the next stage. Note that grounds for exclusion could include greater than 3 members of a given organisation being represented in the nominee set (as described in section 4 of the Constitution). Implementation details The foundation can exclude a nominee by: Calling a custom excludeNominee function on the same SecurityCouncilNomineeElectionGovernor contract. The Governor smart contract enforces the 2 week time period and the Foundation must exclude nominees by this deadline. Once the compliance check has completed: Anyone can call the execute function on the SecurityCouncilNomineeElectionGovernor to proceed to the member election stage. If there are less than 6 eligible nominees, then the Foundation will consult with outgoing members of the cohort on whether they will continue in this role for another 12 months. Members of the existing cohort may be selected at random to fill the remaining seats. 3. Member election (21 days) The voting process can begin once a set of compliant candidates have been successfully nominated. The voting process is designed to encourage voters to cast their vote early. Their voting power will eventually decay if they do not cast their vote within the first 7 days: 0 - 7 days. Votes cast will carry weight 1 per token 7 - 21 days. Votes cast will have their weight linearly decreased based on the amount of time that has passed since the 7 day point. By the 21st day, each token will carry a weight of 0. Additionally, delegates can cast votes for more than one nominee: Split voting. delegates can split their tokens across multiple nominees, with 1 token representing 1 vote. Implementation details The Security Council member election will take place in a separate SecurityCouncilMemberElectionGovernor contract which will also inherit from Open Zeppelin Governor contracts. After the 14 day waiting period for the compliance check, anyone can trigger a new member election: Call the execute function in SecurityCouncilNomineeElectionGovernor to deploy a new election proposal for SecurityCouncilMemberElectionGovernor The SecurityCouncilMemberElectionGovernor includes: A custom counting module that allows delegates to split their vote and accounts for the linear decrease in voting weight. These additional parameters are supplied as the params argument when calling castVoteWithReasonAndParams. The custom counting module also checks that the nominee being voted is a compliant one by checking against the compliant nominee list in the SecurityCouncilNomineeElectionGovernor. At the end of the 21 days of election: Anyone can call the execute function on the SecurityCouncilMemberElectionGovernor contract to initiate the update of top 6 nominees with the most votes into SecurityCouncilManager. Update stages in detail 1. Security Council manager update The security council manager is a contract which contains the canonical list of security council members, and which cohort they are part of. When a member election completes, the manager updates its local list of the current cohorts then forms cross chain messages to propagate those updates to each of the Security Council Gnosis safes. The manager also provides some additional functionality to allow the security council to: Remove a member: As described in the Constitution, the council can remove one of its own members. The DAO can also remove a member under special conditions described by the Constitution. Add a member: After removing a member, the council can add a member Address rotation: As a practical matter, a council member can rotate one of their own keys. This can only be done with the approval of at least 9/12 council members as well as explicit approval from the member carrying out the rotation. Implementation details The manager functionality is contained within a custom SecurityCouncilManager smart contract. Since the SecurityCouncilManager is indirectly able to make calls to the standard UpgradeExecutor contracts which have far reaching powers, special care must be take to ensure the manager only makes council member updates. Calling the UpgradeExecutors on each of the chains requires navigating withdrawals transactions, timelocks and inboxes, the SecurityCouncilManager outsources the calldata creation for these routes to a UpgradeExecRouteBuilder contract. 2. Timelocks and withdrawal Constitutional DAO proposals all pass through: L2 timelock (3 days), L2 → L1 withdrawal (~7 days), L1 timelock (3 days). You can read more about these stages in the governance docs 1. The purpose of these delays is to ensure that users wishing to withdraw their assets before the proposal is executed will have the time to do so. Changing the Security Council members should also provide this guarantee, so after the election has completed and before the Security Councils are updated the update message also goes through these same stages. The update message will use the existing timelocks to enforce these delays. Implementation details The existing governance timelock contracts are used as part of this flow. The SecurityCouncilManager is given the PROPOSER role on the L2 timelock enabling it to create messages that will eventually be received by each UpgradeExecutor. 3. Individual council updates The new Security Council members need to be installed into 4 Gnosis safes: Arbitrum One 9 of 12 Emergency Security Council Arbitrum One 7 of 12 Non-Emergency Security Council Ethereum 9 of 12 Emergency Security Council Nova 9 of 12 Emergency Security Council The old cohort of members will be removed, and the new cohort will replace them. Implementation details To do this the existing Upgrade Executor contracts on each chain will be installed as Gnosis Safe modules into the Security Council safes. A custom Governance Action Contract 2 will be used to call the specific OwnerManager addOwnerWithThreshold and removeOwner methods on the Gnosis safes. Additional affordances The Constitution also declares some other additional affordances to certain parties The DAO can vote to remove a member prior to the end of their term, as long as 10% of possible votes are cast in favour and 5/6 of cast votes are in favour. This will be implemented as a governor with correct quorum and proposal passed thresholds. This governor will be given the rights to call removeMember on the SecurityCouncilManager. The Security Council can remove a member prior to the end of their term, if 9 of 12 members agree. The 9 of 12 council will be given the rights to call removeMember on the SecurityCouncilManager. The Security Council can add a member once one has been removed, if 9 of 12 members agree and if there are less than 12 members currently on the council. The 9 of 12 council will be given the rights to call addMember on the SecurityCouncilManager. Constitution Updates The proposed implementation mostly satisfies the specification outlined by the Arbitrum Constitution. There are some minor changes that are required to the Constitution’s text to take into account the time it takes to install new candidates and to support compliance procedures set out by the Arbitrum Foundation. Note, the final wording for how to update the Constitution will be provided in a later revision. We simply want to notify the requirement that the text needs to be changed. At this stage, our request for feedback is focused on the implementation details of the smart contract suite. Update timeline for the election The Section 4 of the Constitution contains the text: From T until T+7 days: Any DAO member may declare their candidacy for the Security Council; provided that a current Security Council member in one cohort may not be a candidate for a seat in the other cohort. To the extent that there are more than six candidates, each eligible candidate must be supported by pledged votes representing at least 0.2% of all Votable Tokens. In the event that fewer than six candidates are supported by pledged votes representing at least 0.2% of all Votable Tokens, the current Security Council members whose seats are up for election may become candidates (as randomly selected out of their Cohort) until there are 6 candidates. From T+7 days until T+28 days: Each DAO member or delegate may vote for any declared candidate. Each token may be cast for one candidate. Votes cast before T+14 days will have 100% weight. Votes cast between T+14 days and T+28 days will have weight based on the time of casting, decreasing linearly with time, with 100% weight at T+14 days, decreasing linearly to 0% weight at T+28 days. At T+28 days: The 6 candidates who have received the most votes are elected and immediately join the Council, replacing the Cohort that was up for re-election. We need to make three changes to the Arbitrum Constitution: New timeline. A dedicated compliance process must be included between the nominee selection and member election phases. This will shift the timeline of events and the total election will now last at least 42 days alongside additional time to install the newly elected Security Council members via the on-chain governance smart contracts. Less than 6 eligible nominees. The Arbitrum Foundation has the authority to add new nominees during the Compliance stage if there are less than 6 eligible nominees. Installation time. We need to remove the phrase ‘immediately join the Council’ to take into account the on-chain governance process for installing the newly elected candidates. For example, the various time locks to protect a user’s right to exit Arbitrum during the upgrade and the time it takes to send an L2 → L1 message. With the above in mind, we propose an update to Section 4 of the Constitution with the following text: Nominee selection (T until T+7 days): Any DAO member may declare their candidacy for the Security Council; provided that a current Security Council member in one cohort may not be a candidate for a seat in the other cohort. To the extent that there are more than six candidates, each eligible candidate must be supported by pledged votes representing at least 0.2% of all Votable Tokens. Compliance process (T+7 until T+21 days): All candidates will cooperate with The Arbitrum Foundation and complete the compliance process. The Arbitrum Foundation is responsible for removing any candidates that fail the compliance process. In the event that fewer than six candidates are supported by pledged votes representing at least 0.2% of all Votable Tokens, the current Security Council members whose seats are up for election may become candidates (as randomly selected out of their Cohort) until there are 6 candidates. Member election (T+21 until T+42 days): Each DAO member or delegate may vote for any declared candidate. Each token may be cast for one candidate. Votes cast before T+28 days will have 100% weight. Votes cast between T+28 days and T+42 days will have weight based on the time of casting, decreasing linearly with time, with 100% weight at T+28 days, decreasing linearly to 0% weight at T+42 days. At T+42 days: The process for replacing the cohort of Security Council members with the 6 candidates who received the most votes will be activated. The installation process must be executed via the on-chain governance smart contracts and it may take several days until the new Security Council members are installed. We propose to update the Constitution with the following text: The Arbitrum Foundation is allocated 14 days for the Compliance process and it should be executed between the Nominee selection and Member election. The Arbitrum Foundation has flexibility to update its compliance policy for every new election. This is required to allow The Arbitrum Foundation to comply with Cayman Island laws. Furthermore, The Arbitrum Foundation maintains the right to issue new procedures and guidelines for off-chain components of the Security Council election. All efforts should be made by The Arbitrum Foundation to ensure an orderly, fair, and transparent election. Final update to the Constitution text. For completeness, the amended text for Section 4 of the Arbitrum Constitution, including the changes from AIP-4: The Security Council has 12 members, who are divided into two Cohorts of 6 members. The initial Security Council Cohorts were determined by randomly splitting the 12 members into two 6-member cohorts - 6 members in the ‘First Cohort’ and 6 members in the ‘Second Cohort’. The members of the initial Security Council Cohorts are detailed in a transparency report linked in the discussion","['For', 'Against', 'Abstain']",1691510498,1692115298,119422145,closed,"[80668950.20360789, 178202.07603444194, 73082.77635965889]","[[80668950.20360789], [178202.07603444194], [73082.77635965889]]",80920235.05600224,1692115602,0x9808E45C613eBA00bA18fB3D314dC4d4712c4A85 0x5e43fdcaa085476a7be4fb638dd57f7b3f6b708fbbbe1380e54da126c7a095d2,Proposal: Update Security Council Election Start Date to Ensure Time for Security Audit,"Category: Constitutional - Process High Level Overview The ArbitrumDAO Constitution specifies that the first Security Council election should start on the 15th September alongside a specification for the election. An on-chain implementation of the entire election is still a work in progress. The Arbitrum Foundation has sponsored the implementation of a smart contract suite by Offchain Labs, an extension of Tally’s user interface, and the respective audits. This proposal seeks to revise the ArbitrumDAO Constitution to provide flexibility for the start date of the election. If passed by a Constitutional Vote, the new start date will be on the 15th September or the earliest possible date in which an on-chain election can begin. The motivation to change the election’s start date is to provide time for the implementation to be completed, security audits to be performed, for the community to gain confidence in the quality of its implementation and for the Arbitrum DAO to vote on a separate Constitutional AIP to install an on-chain election system. The overarching goal is to still allow the election to begin on the 15th September, but it is prudent to provide leeway and ensure all parties, especially the Arbitrum DAO, are confident in the election software’s security and completeness. Path to a Smart Contract Enabled Election This proposal seeks approval from the Arbitrum DAO that the first and all subsequent security elections should be performed via the on-chain election process. The activation of the Security Council election is dependent on: Complete implementation for the on-chain smart contracts, Complete implementation of the user interface, Smart contract audit by a highly regarded auditing firm, All parties, including the Arbitrum DAO, have gained confidence in the implementation’s completeness and security, Successful Constitutional Vote by the DAO to install the new election software. A vote on this proposal is approving that the above conditions are mandatory for any election software before it can be installed into the on-chain smart contracts. Modified Start Date for Election The implementation sponsored by the Arbitrum Foundation should be ready for the start date of the 15th September. Even so, given the naunces of implementation details and the potential security risks to a critical part of the system, we believe it is still prudent to provide leeway and extra time for the Security Council elections to begin some time after the required date set out by The Arbitrum Foundation. After all, it is not just about having a complete implementation, but ensuring all parties have confidence that all efforts have made been to minimize the risk of bugs in the implementation. Revision to ArbitrumDAO Constitution The revised text focuses on the election beginning at the earliest possible date from the 15th September. Additionally, the election can only begin once an on-chain election system is installed via a separate Constitutional Vote. All future elections can begin exactly six months after the previous election. As such, the chosen date for the first election will decide the earliest start date for the next election. For extra clarity in the text, we have renamed “September Cohort” to “First Cohort” and “March Cohort” to “Second Cohort” Finally, to remove any ambiguity, all security council members are expected to serve the time until the new Security Council members are installed in the respective smart contracts. Current text of ArbitrumDAO Constitution: The Security Council has 12 members, who are divided into a September Cohort of 6 members, and a March Cohort of 6 members. Every year on September 15, 12:00 UTC, an election starts for the 6 September Cohort seats; and every year on March 15, 12:00 UTC, an election starts for the 6 March Cohort seats. This means that the initial September Cohort will serve an initial term of 6 months, whereas the initial March Cohort will serve an initial term of 1 year. The initial Security Council Cohorts were determined by randomly splitting the 12 members into two 6-member cohorts - 6 members in the September Cohort and 6 members in the March Cohort. The members of the initial Security Council Cohorts are detailed in a transparency report here. Proposed Revision of Arbitrum Constitution: The Security Council has 12 members, who are divided into two Cohorts of 6 members. The initial Security Council Cohorts were determined by randomly splitting the 12 members into two 6-member cohorts - 6 members in the ‘First Cohort’ and 6 members in the ‘Second Cohort’. The members of the initial Security Council Cohorts are detailed in a transparency report here. The first security election is scheduled to begin on the 15th September 2023 or the earliest possible date. The election can only begin upon the availability of an on-chain election process that was approved and installed by the Arbitrum DAO. This first election replaces the ‘First Cohort’. The date chosen for the first election will form the basis for all future elections. Every election will begin exactly 6 months after the previous election has finished and it will replace its respective cohort of 6 members. All Security Council members are expected to serve their term until the election is complete and the new Security Council members are installed.","['For', 'Against', 'Abstain']",1689965367,1690570167,113554933,closed,"[83105069.84913562, 349955.1739001044, 94342.99417016088]","[[83105069.84913562], [349955.1739001044], [94342.99417016088]]",83549368.01720633,1690570503,0xA5dF0cf3F95C6cd97d998b9D990a86864095d9b0 0x6b001068a3aa7f58e0e334a1f717be2145eb4c7b3f3af479cd827020aa2993a6,Accelerating Arbitrum - leveraging Camelot as an ecosystem hub to support native builders,"**Non-Constitutional Proposal** **AUTHORS** [Iron Boots](https://twitter.com/SirBootsOfIron) (BD Lead), [Myrddin](https://twitter.com/0xmyrddin) (Dev Lead) ... ## Abstract This post proposes granting 1.5M ARB per month to Camelot DAO for the next 6 months to fund liquidity incentives for Arbitrum-focused projects on Camelot, including the onboarding of new and multi-chain protocols entering the ecosystem. Camelot strives to support the native ecosystem through collaborative relationships and has a proven track record of allocating incentives to enable sustainable growth and long-term liquidity for ecosystem protocols. This proposal will therefore support deeper spot liquidity for Arbitrum native builders, as well as supporting integration partners and the launch of new protocols, thereby enabling significant growth through an approach that prioritizes Arbitrum’s core values. Most importantly, this will further the adoption of ARB as a base asset within liquidity pools and partner integrations. ... ## Motivation Camelot is not just a DEX - it’s the infrastructure that enables native protocols to build sustainable and efficient liquidity. As Arbitrum’s first major native DEX, Camelot strives to support the ecosystem with a long-term and collaborative approach that moves beyond the traditional role of DEXs as simple ‘yield farms’. In just over 6 months of being live, Camelot has achieved over $2,500,000,000 total volume traded, highs of $100m TVL, and the successful onboarding of countless protocols to the Arbitrum ecosystem. The Round Table is the hub for Camelot’s official long-term partners, and the initial members consisted of the core Arbitrum protocols such as Vela, Jones, Pendle, Plutus, GMX, Sperax, and more. On average, Round Table partners have over 90% of their total DEX liquidity and volume on Camelot. Since then, the Round Table now consists of over 25 official partner protocols, and through its launchpad Camelot has supported over 9 protocols to raise funds in a community-focused and decentralized way. Most importantly, Camelot is home to numerous community builders that leverage the custom-built features to manage their liquidity, with a combined reach of over 40 native protocols present on Camelot and over 15 integrations being built on top of its infrastructure. Camelot is one of the most used dapps in the ecosystem, with over 300,000 unique users since launch. Camelot is not a fork, and is custom-built code that has been thoroughly tested and audited by Paladin. In addition, Camelot has no private investors and was launched in a truly community-focused and decentralized way. The ownership of Camelot has been spread through the key Arbitrum players, thereby making the protocol truly part of the ecosystem and community. This grant would have a significant impact on the growth of the Arbitrum ecosystem in several ways: * Deep spot liquidity is the foundation for DeFi protocols to thrive, enabling further innovation and use cases for Arbitrum native protocols. For example, deeper spot liquidity unlocks the potential for tokens to be used in lending markets, options and perps protocols, structured products, and much more. Whilst other DEXs also tackle this for blue chip tokens, Camelot is uniquely positioned to most effectively support the native ecosystem builders. This proposal will specifically focus on Arbitrum protocols throughout their lifecycle, whilst leveraging the network and community of Camelot to generate sustainable growth with real users. Deepening pools that already have significant liquidity is not our only focus, as Camelot is positioned to ensure the distribution of ARB tokens materializes into a stronger ecosystem. Most importantly, Camelot can work with partners to pair their tokens with ARB as a base asset. This will advance ARB as a foundational asset of the ecosystem, providing it with direct value and utility. * Camelot has a proven track record of effectively allocating rewards in a sustainable and economical way. Therefore, not only will this grant proposal deepen liquidity, it will also ensure that the most active and aligned builders on Arbitrum directly benefit from it too. As an ecosystem hub for native builders, Camelot will leverage this grant to support and incentivise new protocols launching in the ecosystem, further cementing Arbitrum’s position as the go-to layer 2 for innovation and DeFi. Through its launchpad and network of Round Table partners, Camelot additionally offers protocols marketing, BD, and general support. * In addition to liquidity, Camelot is one of the largest Arbitrum governance delegates and has continued to foster collaboration in the ecosystem. Therefore, this proposal would also focus on integration partners that enable more efficient liquidity management and further use cases. These protocols also build on top of our partner liquidity pools, therefore multiplying the network effects of the allocated Arb incentives. Camelot currently has over 15 integration partners, ranging from advanced liquidity management apps, leveraged yield farming, derivatives, structured products, and more. ... ## Rationale Camelot was conceived to help deliver Arbitrum’s goal of scaling and revolutionizing the future of Ethereum. Through its commitment to supporting native builders, Camelot strives to build the foundation of sustainable liquidity and collaboration that will allow Arbitrum and its diverse ecosystem to thrive. Since its inception in December 2022, Camelot has maintained a robust upward trajectory, steered by a long-term, sustainable incentives approach. We've avoided the common pitfalls of being a ‘yield-farm for mercenary capital,’ and our proven track record of allocating incentives effectively to yield maximum returns for our community, protocol, and ecosystem stands testament to our potential. We plan to harness the power of Arbitrum grant incentives to maintain this growth trajectory. Though past performance doesn't necessarily predict future success, it does offer valuable insights into the potential of this proposal. Over the period from December 2022 to May 2023, Camelot experienced an impressive average monthly increase in volume and Total Value Locked (TVL) of 275% and 79% respectively. Even more noteworthy is that during this period, Camelot generated over $10m in protocol fees, with a significant proportion of these channelled back to our token holders. This strongly suggests that, with the additional Arbitrum incentives, we can stimulate significant growth and capture substantial long-term value across a large number of native protocols. Moreover, we can achieve this while ensuring a decentralized and sustainable token ownership distribution. Camelot also received an airdrop of over 2,000,000 ARB, which has so far been fully dedicated to being an active governance participant. To allocate the Arbitrum incentives even more effectively we will distribute it across 4 different categories: Ecosystem Builders, Integration Partners, Core Pairs, and Liquid Staking Derivatives. ![image](ipfs://bafkreicjatrrpsk2u22lkmiqwklpmnk5jqkacc45odyf7npqib3hrgydse) ### Ecosystem Builders Camelot is home to many of Arbitrum’s favourite protocols, and this category will distribute incentives to builders that are fully aligned with Camelot’s approach to sustainable liquidity and long-term collaboration. As detailed in the ‘Specifications’ section below, Camelot is one of the most effective hubs to distribute incentives, due to the large and expansive network of long-term partners. ### Integration Partners By providing incentives to partners that are building on top of Camelot’s infrastructure, we are diversifying the use of incentives to fuel even further innovation and growth that benefits all partners and the broader ecosystem, whilst also deepening the underlying liquidity at the same time. These partners would include concentrated liquidity managers, leveraged yield protocols, lending markets, liquidity management dapps and more. ### Core pairs Whilst Camelot’s primary focus is on the native Arbitrum builders, ensuring Camelot can offer deep liquidity for the most actively traded tokens like ETH and USDC is also important as the native DEX. With the number of protocols actively building on Camelot, deep liquidity for core pairs will be an important piece to ensure we have a strong foundation that can expand to longer-tail tokens too. ### Liquid staked derivatives Liquid staked derivatives are seeing rapid growth as they unlock significant liquidity on Ethereum whilst securing the network at the same time. The majority of LSD liquidity is currently on Ethereum, and we think it’s an important catalyst for the broader Arbitrum ecosystem to support LSD adoption natively too. Deeper LSD liquidity will allow Arbitrum native builders to tap into a highly productive asset to build on top of, leading to further growth, utility, and products for the ecosystem. ### Velodrome on Optimism as Precedent While Arbitrum is a unique ecosystem which is difficult to compare to other networks, the effect of Optimism’s grant to Velodrome in July of 2022 supports that a similar grant to Camelot could have a positive effect on the Arbitrum ecosystem. Velodrome received a 3M OP grant from the Optimism Foundation in July of 2022 that was meant to last 4-5 months. As seen in the visual below, Velodrome had around $14M in TVL, generated around $3.3k in weekly fees, and had $2M in daily volume before the grant. In the last 3 months, Camelot has averaged over $80M in TVL, $450,000 in weekly fees, and $18M in daily volume. While TVL and volume numbers can be skewed by low fee-generating mercenary TVL, fees paid are less biased, and Camelot has been earning over 100x more fees than Velodrome before incentives. ![image](ipfs://bafkreidwm2wtosajdmpiqyryhwv3wvbrr634fp2zavgebk5z7jjl6igwdu) Camelot has surpassed Velodrome by nearly every metric by using novel, long-term emission incentives. Thus, we’re asking for 1.5M ARB per month vs Velodrome’s 3M OP over 4-5 months. Because Camelot is currently in a much better position than pre-grant Velodrome, we expect that the ARB grant will increase liquidity depth on Camelot and the general ecosystem expansion even more, supercharging the network to a new level. To provide additional perspective, the Arbitrum DAO treasury currently holds 3,527,046,084 ARB tokens. Assuming a hypothetical 10-year runway of treasury spending, this would be equivalent to 352m ARB tokens a year. Camelot’s grant proposal for a total of 9m ARB tokens would therefore represent 2.56% of the annual budget, with the expectation of significant ecosystem growth and expansion. ***Camelot TVL, Volume and Fees before ARB Grant*** ![image](ipfs://bafkreiflwh7et2aybm4bhk2aunxtlloz6h3yxtxdd4gffgawyhajcno4l4) ... ## Specifications Camelot will distribute 1,500,000 ARB tokens per month as incentives across a broad range of Arbitrum liquidity pools and integrations. The distribution of these incentives will adhere to the Proposal Objectives, the proposal parameters, and the Transparency Report. The transparency report will ensure that Camelot has clearly documented where every $ARB token has been allocated, the relevant growth metrics achieved, and most importantly the progress for its broader Arbitrum objectives. You can see the objectives and parameters below and a template of the transparency report attached. This report will be provided at the latest 72 hrs before the following month’s incentives are to be distributed. ### Proposal Objectives *(As measured and tracked within the transparency report, attached below)* * To grow the liquidity of Arbitrum builders, bringing new users into the ecosystem and directly supporting the growth of ecosystem protocols * To use the incentives to bring new protocols into the Arbitrum ecosystem * To support the launch of native builders and their liquidity requirements * To advance the adoption of ARB as a base asset in liquidity pools * To advance the adoption of ARB within integration partner strategies * To provide marketing and community support to the ecosystem builders included in the incentive programme ### Proposal Parameters *(As measured and tracked within the transparency report, attached below)* * Incentives will be distributed to a minimum of 30 partner pools, as documented in the transparency report. Any new pool or integration needs to be clearly documented beforehand in the transparency report. * No single pool or partner (excluding core $ARB pools) can receive more than 5% of the total incentives (as measured over a 30-day period) * No single pool or integration partner can receive more than 5% of its TVL in monthly incentives (as measured over a 30-day period) * A pool must maintain a minimum trading volume of $1,000,000 annualized to be valid to receive rewards (as measured over a 30-day period). * A minimum of 33% of the total incentives will be used on liquidity pools with $ARB as the base asset. On top of this minimum, Camelot will provide bonus incentives to teams that actively transition their liquidity to ARB as a base asset too. This will be included and measured within the aforementioned transparency report. * The partner integration section has now been merged into the “Ecosystem Builders” section, with the relevant parameters above being applicable. * If at any point the Arbitrum community or DAO is not satisfied with the performance or delivery, they can move forward with a governance vote to end the grant early. Camelot will distribute the incentives across the following categories and pools detailed below. The distribution across these various pools will adhere to the Proposal Objectives and parameters, please reference the transparency report for a more in-depth breakdown: [TRANSPARENCY REPORT](https://docs.google.com/document/d/1_os6yN7G2kdoeoXNotX0nqsYXQyJ0bakGXavmLNIXdc/edit?usp=sharing) ![image](ipfs://bafkreifbxdwctnf335rkwqpw7k5dejulbgc3wbcmjxew45pkxxttyamhrq) * Ecosystem Builders 75% * Liquidity incentives for partner pools such as Vela, Pendle, Plutus, Jones and a diverse range of Arbitrum protocols. This will include integration partners that build on top of Camelot liquidity pools, such as Gamma and DeFi Edge, following the same parameters and guidelines shared above. * The transparency report contains a broader breakdown of the ecosystem pools that this will be focused on. In addition, these incentives will be used to encourage the adoption of ARB as a base asset for ecosystem protocol liquidity pools. * Core Pairs 15% * These represent the core liquidity pools such as ARB/ETH, ETH/USDC, and USDC/USDC. Further examples are included in the transparency report. * Liquid Staking Derivatives 10% * Focusing on a diverse range of LSDs, most of which have little liquidity on Arbitrum. This will therefore target protocols such as unshETH, Lido, Rocket Pool, Swell, Stafi and more. Camelot will utilize its Nitro Pools technology to release the granted ARB in combination with $GRAIL and $xGRAIL emissions to liquidity providers. Nitro Pools are custom-built permissionless solutions to distribute incentives to any liquidity pool, with the ability to add custom requirements also. Along with the rest of the protocol, Nitro Pools have been audited by Paladin, and used by Camelot and numerous partners over the previous 8 months. ... ## Steps to implement Camelot will receive 1,5000,000 monthly over a period of 6 months, for a total of 9m ARB. In order to most transparently receive the tokens requested, Camelot will use a new multisig that will have several ecosystem players from other Arbitrum protocols. The makeup of this multisig, including the protocol affiliation(s) of each signer will be made public upon the creation of the multisig (before the proposal is moved to snapshot), and all changes to the makeup of the multisig will be announced in advance. This multisig will be governed by a multisig participation agreement wherein each signer will agree to use their signing authority only to further the interest of the wallet itself, using the ARB tokens to incentivise liquidity in approved nitro pools. By structuring the multi-sig with signers representative of the broader Arbitrum ecosystem, Camelot will ensure that the ARB tokens granted by the Arbitrum DAO will be leveraged to support new protocols, DAOs, and projects that are broadly value additive for Arbitrum. Camelot currently has [2,189,094 ARB tokens](https://debank.com/profile/0x03ff2d78afb69e0859ec6beb4cf107d3741e97ab) in its treasury, which it has used entirely for governance purposes. As an additional safeguard and sign of assurance, Camelot commits to placing its own ARB into the grant multisig for the duration of the 6 month proposal, therefore at any given time, Camelot will have “guaranteed” more ARB than it would receive from the Arbitrum DAO. Once the grant is over, Camelot will receive its own 2,189,094 ARB tokens back. Once the ARB tokens have been distributed to the intended multisig wallet, Camelot will bear the full responsibility and workload to ensure the effective allocation of these tokens. Camelot will actively manage and continuously analyze the effectiveness of the incentives being used, following the aforementioned proposal objectives and parameters, and clearly documenting any changes or adjustments in the transparency report. More information on the mechanics of Camelot’s nitro pools is available [here](https://docs.camelot.exchange/protocol/nitro-pools). Once the ARB tokens have been distributed to the grant multisig, Camelot will then further distribute them to internal wallets where the tokens will be used as incentives for the pools and partner integrations mentioned above under ‘Specifications’. * Camelot will receive 1,500,000 ARB tokens per month for 6 months, which it will distribute in accordance to the proposal objectives and parameters. * Camelot will detail how every ARB token is allocated and the progress towards the proposal objectives within the [transparency report](https://docs.google.com/document/d/1_os6yN7G2kdoeoXNotX0nqsYXQyJ0bakGXavmLNIXdc/edit?usp=sharing). * The transparency report will be shared no later than 72 hours before the next month's incentives are distributed. * Camelot will hold a bi-weekly public community call to discuss the performance and progress of the grant and the transparency report in further detail. ... ## Timeline Camelot will begin the grant distribution from the date this proposal is passed and the ARB is delivered until 6 months after. The 1.5M ARB will be distributed monthly to the relevant ecosystem multisig mentioned above, for a total of 6 months. Once the grant is active, Camelot will provide the subsequent transparency reports no later than 72 hours before the next month's incentives are to be distributed. The transparency report will follow the template that is attached and will include all relevant information. Following the conclusion of the grant, Camelot will provide a comprehensive analysis of the performance of the grant and its impact. ... ## Overall cost 1,500,000 ARB distributed monthly over 6 months, for a total of 9M ARB tokens.","['For', 'Against', 'Abstain']",1689364800,1689969600,111229329,closed,"[49223240.008841634, 62763012.2478821, 52128168.08225786]","[[49223240.008841634], [62763012.2478821], [52128168.08225786]]",164114420.33897847,1689969607,0x2e3BEf6830Ae84bb4225D318F9f61B6b88C147bF 0xa0e14b85197d73e825ac30f72b7d895d644ed06159a32a578f4efe47a2739b2f,[Non-Constitutional] Fund the Arbitrum Grants Framework Proposal Milestone 1,"Proposer: disruptionjoe.eth Authors: Plurality Labs Reviewers: ccerv1.eth, emu.eth, dennison.eth, nich.eth, zer8🧠.eth, pepperonijoe.eth, shawn164.eth, azeemkhan.eth, jmcook.eth, boilerrat.eth, jord.eth, ui369.eth, spengrah.eth, griff.eth [A 7 min explainer](https://www.loom.com/share/2852597b76b74fec8ce6c6698fa73bd3) ### TL;DR This proposal requests 3.971 million ARB (0.08% of the total treasury) to fund the first of three milestones in a comprehensive plan to build an Arbitrum DAO Pluralistic Grants Program. If successful, the project will further establish Arbitrum as the go to scaling solution for Ethereum. Milestone 1 is the start of this journey with a funding request that breaks down as follows: 1. 2.6 million ARB (72%): Funding Arbitrum ecosystem development 2. 450k ARB (12.5%): Plurality Labs Services 3. 260k ARB (7.2%): Grant Program Managers 4. 300k ARB (8.3%): Matching Gitcoin funding pools using Arbitrum 5. 361k ARB project buffer* *Representing 10% of funds requested. This will be used as a project buffer with funds either deployed in support of the program, recycled into ecosystem development or returned to Arbitrum DAO. Successful completion of these deliverables will be a major value driver for the Arbitrum ecosystem. This success of this program will be assessed through metrics including, but not limited to: * Number of active developers * Dev Github quality * Delegate engagement satisfaction * Voter participation * Capture-resistance ### Deliverables At the end of Milestone 1, Plurality Labs will have delivered: **Discover | Facilitate DAO native workshops** * Conduct Arbitrum DAO Vision, Mission, Values workshops * Clearly define funding priorities in a bottom-up way * Establish and confirm key success metrics for the Grants Program * Scope out requirements for a Gitcoin Grants round on Arbitrum * Establish clear communications cadences & channels for all key stakeholders to engage with the program **Design | Construct best in class Pluralistic Grants Program** * Identify suitable tools and technology to support a robust, secure and efficient grants program (i.e. Allo) * Design and process map the end to end grant funding flows * Design approach, process and channels for sourcing high impact grants ideas * Design Grantee Registration process and grant pipeline management structure * Design Grant Program manager application process and assessment criteria * Work with Gitcoin to set up and launch a Gitcoin Grants round on Arbitrum * Design credibly neutral grant funding evaluation criteria, reporting structure and cadence **Execute | Facilitate the successful execution of Pluralist Grants Programs** * Onboard and coach Pluralist Program Managers in grant program best practices * Deploy 2.6 million ARB in funding to programs selected via the Pluralist Program Managers * Deploy 300k ARB to Gitcoin Grants round recipients * Oversee grants rounds to ensure they are free from fraud or abuse **Evaluate | Report back on grant funding outcomes** * Publish financial & analytics reports on grant funding value, volume, outcomes and other relevant metrics requested by the community * Share key learnings and grants program best practices with Arbitrum DAO and the wider web3 community * Collate community feedback and input on grants programs efficacy and success * Evaluate, review and iterate based on this feedback to continually improve the overall impact of the Arbitrum DAO grants program ### Motivation We are here because Arbitrum intends to deploy one of the largest DAO treasuries ever to grow their ecosystem. A 10% difference in the allocation efficiency of funds could mean hundreds of millions of waste which would impede Arbitrum’s ability to actualize its full potential. It’s easy to say, “we can solve these problems later”, but we have an opportunity to start on the right track and solve these problems today The Plurality Labs team has a chip on our shoulder. We have all been in DAOs and have seen how governance can fail, sometimes quickly, sometimes quietly. Our common thread is the shared values of trust, transparency and freedom combined with a passion for helping DAOs solve hard problems. ### Issues with fully Centralized and Decentralized Grants Programs Within web3 we have seen three main vehicles by which Grants Funding can be allocated to builders. Below we have outlined why we believe Arbitrum DAO should take a pluralist approach to grants funding. ### Centralised Grants Program: Problems ![0311b2837f5d19e1de6302c085e0eb8b800963cf_2_624x345.png](ipfs://bafkreidp5ob5oiuy77fqrklknkgy2jujbdeavyhhxyxptnaar7txya4ybu) * Limited transparency and auditability: A centrally managed grants program may lack transparency in decision-making processes, grant distribution, and fund allocation. This opacity can undermine trust and hinder the overall effectiveness of the program * Limited community participation: Web3 communities thrive on active participation and collaboration. A centrally managed grants program may not effectively engage community members at all levels of the organization in the decision-making and codesign processes. * Domain expertise and scale: Volume of grants requests may overwhelm capacity of small centralized team who may also lack domain specific expertise on programs requesting funding * Bias and limited experimentation: Centralized Grants teams bring their standardized approach to grant vetting leading to a lack of experimentation which creates an inherent selection bias. The selection bias can even be non-malicious as they are biased by forces like being more likely to “open the door” for those who they know or have worked with before.h. ### Decentralised Grants Program: Problems ![b5cb3f790e8de949030775b29bba6030f6ef6421_2_624x287.png](ipfs://bafkreidqzewoyc2jyhr6a5mbqrcaml4cowvjqbp7bmtjgpzyfe2hqcwcbe) * Lack of time: Delegates will stop engaging if the request is for more than is reasonable. Reviewing a grant, especially if it is a direct grant for larger amounts can be expected to take from 1-4 hours each. Delegates cannot take that much time. * Inclusion and accessibility: Navigating the delegates and governance process of a large DAO represents a major lift for any prospective grants applicants. Those able to do so will likely have the best network and most capital, not necessarily the best grants ideas… * Lack of coordination: With a decentralized grants program, decision-making and coordination are distributed among multiple stakeholders. This can lead to challenges in achieving consensus, coordinating efforts, and aligning priorities. * Evaluation of impact: It is challenging for the DAO to assess the relative impact of different grants programs if no standardized reporting cadence, key metrics and evaluation criteria is maintained centrally. * Mitigating risks and fraud: Decentralized grants programs are vulnerable to risks such as fraudulent proposals, mismanagement of funds, and malicious actors. Implementing mechanisms for due diligence, verification, reputation systems and Sybil defense can help mitigate these risks and protect the integrity of grants funding. * Not fully developed: Even solutions like quadratic funding which lets users directly express their interest still require a program manager. They must shepherd the round and ensure quality fraud protection while making objective decisions about eligibility criteria, user and project appeals, and more. Until we design the open and permissionless protocol to handle these subjective components, the model still has single points of failure. ### Launching the Arbitrum DAO Pluralistic Grants program A Pluralist Grants program provides a perfect middle ground between Decentralized and Centralized Grants programs, unlocking the “best of both worlds. At its core the Pluralistic Grants Model will see the Pluralistic Grants Program Allocator onboard 4-6 pluralist grants managers who will be responsible for distributing funds to grant applicants that benefits the Arbitrum Ecosystem. Sourcing and selection of these ideas will use novel combinations of bottoms-up and top-down mechanisms facilitated by Plurality Labs. The programs will focus on specific needs within the ecosystem and their potential impact, for example, one Pluralist Grants Manager may focus on bringing a novel new technique for fund allocation or deep grants proposal expertise (i.e. Questbook). Another might stand up an Arbitrum gaming specific grants program. This flexibility allows for experimentation to allow Arbitrum DAO to discover what works best and allows for the specific needs of the Arbitrum ecosystem to be catered to. Our approach includes a progressive decentralization of the Pluralist Grants Program Allocator. During Milestone 1, Plurality Labs will maintain accountability for sourcing, selecting, reporting on and delivering results of the chosen pluralist grants programs. Milestones 2 & 3 will see experimentation with decentralized allocation mechanisms in a Proof of Concept stage with the goal of running at least one round of Pluralist Grants Program selection in a fully decentralized way without needing any corrective intervention. ![0e9c91acb14f197ac0396d79f28b7f530aedfd36_2_624x363.png](ipfs://bafkreiaumlf7kbilxwrxnx7hixajjiz5pzbpr73ciybkkgdnbqsjefqzru) > 💡The Pluralist Grants Programs will be selected after the proposal passes governance and the Discovery Phase is completed. During the discovery phase, we will gather input from delegates and the broader community to define the vision, mission, and values of the Arbitrum DAO, and determine what needs to be funded. Once this foundation is established, we will evaluate the best domains and mechanisms for allocating resources and capital to grantees. Pluralistic Program managers will play a crucial role in promoting experimentation, decentralization of decisions, and improved resource allocation outcomes. We have observed that many previous grants programs has struggled with an inability to source great grant opportunities, which we hope to address in the following ways: * Applications to be program managers should separate from the applications for grant program ideas * Create a backlog of “high impact work to be done” be created, allowing competent builders to step to deliver impact for Arbiturm DAO * Create a list of builders, potential grantees, and those interested in supporting the Arbitrum ecosystem which can be direct towards the “high impact work that needs to be done” * Robust evaluation and reporting facilitated by Plurality Labs reduce time/effort/reliance on Project Manager and Grantees to demonstrate their success to the community * Launch a Grant Program accelerator program to provide grantees clear guidelines, training and support to develop a high quality grant submissions The selection of the Pluralist Grants Programs and their managers will involve a facilitated bottoms-up approach, sourcing ideas, people, and processes. Factors considered in the selection may include, but are not limited to: * Previous experience delivering grants programs. * Domain expertise and knowledge * Ability to source innovate grants projects and support in the maintenance of a health pipeline of grants submission * Maturity of program specific processes and tooling * Nature of proposed funding allocation mechanism and data on demonstrated impact/success of mechanism * Demonstrated involvement with and commitment to Arbitrum ecosystem and its values This is an exhaustive list, and the criteria for selecting Program Managers will be further refined in the Discovery and Design phase, with input from delegates and the broader community. We are committed to maintaining credible neutrality in the selection process. With this approach we are confident that the Arbitrum DAO Pluralistic Grants Program will be fair, impactful and ultimately support the growth and success of the Arbitrum Ecosystem. ### The Pluralistic Grants model also provides 300k ARB to support matching Gitcoin rounds which run on Arbitrum. This is not payment to Gitcoin the organization, but a payment to grant recipients in a Gitcoin Arbitrum round we intend to launch. Gitcoin core rounds include support for Open Source Software, Ethereum Infrastructure, & Zero Knowledge. This aligns with the stated Arbitrum goal of supporting the Ethereum ecosystem while also attracting users which might otherwise choose another L2. It also allows us to tap into support of the Gitcoin DevRel team to help source builders, host hackathons. Funding grants this way will not only benefit the Arbitrum ecosystem, but enable the Gitcoin product team to prioritize making their Allo protocol available on Arbitrum. By being able to execute pluralistic programs on their Allo protocol allows us an open data substrate which will enable us to compare programs and projects across the pluralist framework. It also allows program managers to use quadratic funding and quadratic voting (if they choose) which require Sybil defense. This is a crucial enabler for the next section. ![88d617338384427ed53607b929264bc8b623ef43_2_624x281.png](ipfs://bafkreiaylf4ugerhg5c755rx2ffjydpjcri6sx7mohjrafoiuylihkijfy) ### Improved Accountability, Transparency and Reporting are key benefits of the Pluralistic Grants model. Web3 spends 100’s of millions annually on different grants and grants programs and to date, there has been little focus on the efficiency of those grant programs or the efficacy of their spend. We intend to build grant program efficiency metrics as well specific grantee project efficacy (or results) metrics. By using a common framework for executing a plurality of grant programs, we have the ability to identify, track and refine metrics for each unique grant program. Something that has not been done to date, and would be more difficult to do in stand alone grant environments. By doing this, we can begin to build qualitative data on the efficiency of each distribution method in a way that can identify improvements for that mechanism, but also compare mechanisms across stakeholder groups and use cases. By building these metrics, Arbitrum will be able to parse down the crowded field of grant-execution options and deliver the most effective Grants Program web3 has seen to date. Grant program execution typically stops when the money has been distributed, and we think that is premature. As part of this program we intend to experiment with a series of existing post-project evaluation tools (after action reviews, qualitative/quantitative metrics, case studies) but add in or invent novel web3 project evaluation solutions (hypercerts, on-chain analysis, panel reviews) to rate every project receiving funding in a way that can demonstrate the efficacy of the spending as it relates to building the Arbitrum ecosystem. We know there are inefficiencies and fraud in the web3 grant mechanisms; this part of the program allows Arbitrum to make the most of its investments. Doing this will lead to a higher return on the Arbitrum investment and more funding for the most worthy projects, while leaving room to experiment with the novel web3 mechanism that can help us revolutionize the grant process. ### Multisig Management All funds will be sent to a Grants Safety Multisig*. This multisig will review, sign and execute all fund disbursement for the Arbitrum DAO Pluralistic Grants program. The role of the grants multisig is to process the requests made by Plurality Labs while also being able to review issues. At no point will Plurality Labs hold the funds designated for grant funding. The final form of this proposal will either name the selected individual or state the electoral process. > 💡 We also intend to use the Zodiac module shared by the Tally team allowing the DAO the ability to clawback funds from the grants program at any time. ### Team Plurality Labs Team **Disruption Joe** Ran grants operations for Gitcoin Grants rounds 8-10 growing gross marketplace value from $2 - $10 million. First Gitcoin employee to leave the company and work full-time for the DAO. Started the Fraud Detection & Defense (FDD) workstream. FDD is responsible for stopping over $3 million in fraud while Gitcoin Grants delivered over $50 million in funding. More reading about the work done in the [FDD Review](https://gov.gitcoin.co/t/introducing-the-fdd-review/11095). Joe will be supporting overall project management and grants framework design. **Pepperoni Jo3 (on behalf of [r3gen.finance](https://www.r3gen.finance/))** Cofounder of r3gen, a web3 financial service provider working with clients including Squid, Coordinape, Inverse Finance and Treasure DAO. Previously PwC consulting alumni specializing in Org Design, Operational Excellence and Change. Joined web3 full time at Index Coop where he served on the Leadership Council as Head of People and Community. More information on the r3gen services and team [can be found here](https://docsend.com/view/xj359rx3fj83irdg). **Mary Quandt** People-first strategic design-thinking and organizational development leader. Partners with global business leaders to accelerate business strategies and execute people- and organization-focused solutions. Leadership approach combines possibility and participation while keeping firm foot in practical implementation. Thrives on building, leading and growing inclusive cross-functional teams to challenge the status quo. Experience includes IndexCoop, US Election Assistance Commission, Johnson & Johnson, Human Performance Institute, GE, Amazon, Martha Stewart and Charles Schwab to name a few. **Shawn Grubb** As former CIO, CEO, and non-profit chairman of the board, Shawn spent his corporate career preparing for DAO governance. Introduced to the blockchain in 2015 he went full-time degen in 2019 but moved to DAOs in 2021 when he joined Index Coop leading the governance communications and people operations. In August 2022, he joined Gitcoin where he currently leads governance ### Looking Ahead: Milestone 2 & 3 The overall plan is to deploy a pluralist grants framework which operates in a politically decentralized & capture resistant way. This will fund grants programs in a continuous way that minimizes bureaucracy and increases action while providing accountability as part of the system. Prior to releasing funds for milestone 2 to begin, Plurality Labs will offer a review of the previous milestone accomplishments and failures. They will provide a breakdown at that time based on how this project evolves. Milestones 2 & 3 are about scaling the frameworks and models we use while iteratively testing them. After Milestone 3, we hope to have built the needed components for this whole process to run on chain. If successful, Plurality Labs would no longer be needed as a project manager of the overall grants program. Onchain decisions of the community would allocate funding to the programs which have been proven useful. Plurality labs could then be an equal peer to any other program competing for a portion of continuous funding available to the ecosystem. ### Voting Options 1. Yes, fund Milestone 1 (3.971 million ARB) 2. No, do not fund Milestone 1 3. Abstain","['For', 'Against', 'Abstain']",1688666400,1689271200,108504324,closed,"[53146424.65610952, 46959029.86642403, 606267.4958540833]","[[53146424.65610952], [46959029.86642403], [606267.4958540833]]",100711722.01838684,1689271204,0x1B686eE8E31c5959D9F5BBd8122a58682788eeaD 0xe07fb357b2b40e042ca58a36a1534afc33a1d313d4781ac433536bc884fc3c65,Arbitrum DAO Grants - Delegated Domain Allocation by Questbook,"Author Saurabh, Questbook Type **Non-Constitutional** ### **Abstract** - We propose Arbitrum DAO to launch Arbitrum grants program with a budget of $1M spread across 2 quarters to fund a *wide variety* of teams building apps on top of Arbitrum in a transparent manner. Questbook is leading [Compound](https://compound.finance/governance/proposals/136) grants program through [delegated domain capital allocation model](https://blog.questbook.xyz/posts/min-grants-dao-max-community-participation/) , a community-run grants program. - We additionally propose that this budget be managed by **4** **individuals called Domain Allocators - chosen from the community and by the community**. These domain allocators would manage grants for a *domain*. These domains are strategic areas of focus for which Arbitrum wants to disburse grants - The performance of each of these *domain allocators* will be publicly viewable and auditable using rich dashboards. At the end of the quarter, the Arbitrum community can vote to replace, continue domain allocators or increase budgets for each *domain allocator.* - We ([Questbook.xyz](https://questbook.xyz/) ) **will help facilitate setting up these *domain allocators* and provide the tooling to run the grants program in an efficient and transparent way**. We have previously set up or currently setting up the grants process for Compound, Polygon, Solana, Celo, and Aave. ### **Motivation** As we continue to experience the depth of the bear market, it is increasingly important for Arbitrum to retain the mindshare of key ecosystem contributors and incentivize builders to build on top of it. Grants program is a great way to attract high-quality builders and grow the ecosystem more quickly. This proposal details the benefit to all the stakeholders involved - token holders, builders and DAO members ### **Rationale** **(Benefits to Arbitrum)** The proposed structure will lead to the following outcomes: 1. **Aligned allocation of funds:** By leveraging the Delegated Domain Allocator (DDA) model, Arbitrum DAO can ensure that funds are allocated to projects that align with the domain (selected by the Arbitrum community), promoting efficient and effective use of resources. This approach aligns with Arbitrum’s goal of enabling the distribution of grants and empower the community to build and participate in the future of the Arbitrum. 2. **Increased transparency:** The Delegated Domain Allocator approach provides a clear and transparent process for allocating funds, ensuring stakeholders understand the decision-making process and building community confidence. Questbook, a decentralized grant management platform, provides a transparent space for teams to showcase their backgrounds and experience. In addition, Questbook’s reporting features will allow Arbitrum to quickly generate monthly reports on the allocation of funds, with the details for each grant proposal. 3. **Increased accountability:** With a dedicated group of stakeholders responsible for allocating funds, the Delegated Domain Allocator approach promotes increased accountability, ensuring that the funds are used effectively and efficiently. Domain allocators can be replaced through a community vote if their performance is not up to the standards accepted by the community. 4. **Lower** **Turnaround Time (TAT):** The Delegated Domain Capital Allocation model will help improve proposals’ turnaround time and overall outcomes for the ecosystem. **An example of this is Compound who’s already leveraging the DDA model and has a communication TAT of less than 48 hours.** The performance of domain allocators will be measured using objectives and key results (OKRs) to ensure goals are achieved efficiently and effectively. 5. **Strong Brand Recognition** : The Delegated Domain Allocator model will play a crucial role in boosting developer engagement with Arbitrum, as well as forming strategic partnerships with important ecosystems to jointly fund grants in mutually beneficial areas. ### **Specifications** The program structure focuses on having community members as domain allocators. Arbitrum DAO will be required to set a budget of $1M to be disbursed by 4 domain allocators and for committee compensation. Each domain allocator will be elected by the community. Interested community members can self-nominate themselves to be considered for becoming a domain allocator. The domain allocator for each domain will be selected via a community-wide Snapshot vote. Domain allocators will run their domain on-chain for full transparency. The data and performance across key metrics will be visible to the community in order to evaluate the domain allocator’s performance. ### **Steps to Implement** **Arbitrum Grants Committee** The program will consist of 1. A Program Manager 2. 4 Domain Allocators ![1.1.png](ipfs://bafkreicew52tsgud3subrurhrv6jud3zyep743fpgfiv4yzw54nnty423m) We propose  [Tally’s Zodiac Governor Module](https://docs.tally.xyz/user-guides/using-governor-with-gnosis-safe/zodiac-governor-module-for-subdaos-and-grants-programs) for security purposes. Furthermore, a Grants SAFE with 4/6 multi-sig will be set up between the program manager and 4 domain allocators. We will then have 4 SAFEs for each of the domains with a 3/3 multi-sig setup between the program manager, the specific domain allocator, and one member from the DAO. We have identified the following domains based on our thorough research and the feedback from the Arbitrum team and community. ![1.2.png](ipfs://bafkreifk7yaqw2lvwj35tx2rumagctyd3of6nd2bh3fawsiij74bmdlyv4) ## Domain Allocator Roles & Responsibilities: The following will be the roles and responsibilities of the selected domain allocators. 1. Time commitment per week: Maximum of 25 hours per week for the program manager and 15 hours per week for the domain allocator, which might vary based on the number of applications. The program manager will ensure that the workload is evenly distributed 2. Program Manager: 1. Communication: 1. Work with the Arbitrum team and the elected domain allocators to create and list out the necessary RFPs 2. Identify key areas and relevant ecosystem partners who will co-fund grants alongside Arbitrum 3. Create marketing content for communicating RPFs to the builders 4. Coordinate between Arbitrum team and the community regarding cohort announcement and funding requirements 5. Communicate the information regarding approval/rejection of proposals to the Arbitrum community regularly 6. Attend community calls, actively participate in the community forum, and keep the community updated and take their feedback on the program 7. Regularly update the progress of the grants program to the Arbitrum community over Discord and community calls 8. Bi-weekly reporting of key metrics of the grants program and progress each selected project such as: ![13a.png](ipfs://bafybeihd4opx3atmhvarhrd5t6edpmpyfi4m6ptblpl4siihpqip5qh2wu) 2. Grants Program: a. Source good-quality proposals from developer communities b. Sign the transactions for the approved projects c. Ensure a quick turnaround time for proposers regarding their proposal decision d. Coordinate between the domain allocators to ensure that the workload is evenly distributed and take their feedback consistently 3. Domain Allocator: 1. Review proposals received for their domains based on the rubrics set by the domain allocator 2. Reject/Approve proposals and coordinate consistently with the program manager 3. Source applications by reaching out to developer communities in their network 4. Discuss program improvements with the other domain allocators and program manager during scheduled meetings. ### **Compensation:** The grant budget will be $1M with $200k for each domain. The committee compensation will be $200K for 4 domain allocators and one program manager for 6 months. Note that this is the proposed budget. All unallocated funds from every domain and committee compensation will be returned to the treasury. The compensation for Domain Allocators and Program Managers has been factored into this overall proposed budget. Please find below its details. ![14aaa.png](ipfs://bafybeig7zsa7e7vdk7zdnmspuq4z6ciajxorckhiy3ckpro4xfcv6ycheq) P.S 1. We are inviting applications for all domain allocator roles. Once this proposal passes through Snapshot, we will create a separate forum post for the nomination of domain allocators. Delegates and community members can self-nominate themselves under the post for two weeks. After the nomination period, a snapshot vote will be conducted. ## **What does success look like?** Objective 1. The prime objective of this model is to have domains that align with Arbitrum’s priorities. This way the contribution of the projects as part of the grants program is directly adding value to the DAO and the token holders. 2. Increase in the number of builders, proposals, and funded projects 3. Number of partners who are co-funding grants alongside Arbitrum in mutually beneficial areas 4. Increase in the homegrown leadership to run grant programs (measured by the number of people running grant programs) 5. Increase in the community members’ participation to keep grant programs accountable (measured by the number of people looking at the dashboard and participating in the program) 6. Diversity in projects being funded across technologies, geographies, and demographics, to name a few. We encourage the community to regularly review the project domains during Arbitrum’s community call 7. Increased engagement in builder community’s Discourse Discord, Telegram Social media (Twitter, Reddit) GitHub Subjective 1. Improved community involvement in the grants program 2. Strengthened builders’ sentiment towards Arbitrum 3. Enhanced Arbitrum’s brand recognition in builder circles ## **About Questbook:** Questbook’s role in Arbitrum’s Grant Program - Saurabh from Questbook will be the program manager. Thereafter, the program manager will be elected from the community. Saurabh was previously working very closely with the Program manager of Polygon, where he facilitated the disbursement of approximately $1 million in grants. Saurabh has received a grant from IoTeX to establish their grant program, and he works closely with the Program Manager of Compound Grants Program 2.0. Saurabh has spoken to more than 100 builders and teams over the last 6-8 months and understands what it takes to make a grant program successful - from both program manager and builder perspectives. - Questbook Grants tool will make sure the workflows are systematic and transparent. ### Product Flows 1. Posting a grant - [Link](https://www.notion.so/72eac960081b4a57911d0f6ea165095c?pvs=21) 2. Reviewing and Funding Proposals - [Link](https://www.notion.so/009f9cc2b9cd409da8cb4b822f56024a?pvs=21) 3. Settings - [Link](https://www.notion.so/572a2fdb8d354e7aa6b6d505c0e4479a?pvs=21) 4. Communicating with Builders - [Link](https://www.notion.so/f7a7e6aef74542f3abc147d31f8f0a1f?pvs=21) 5. Funding Builders - [Link](https://www.notion.so/ad02afc7a6ab4079907a5ce884330eb0?pvs=21) ### **Credentials** - Questbook (YC-W21) is a decentralized grant orchestration tool, currently being used by Compound, Polygon, AAVE, Celo & Solana Ecosystem - Saurabh from Questbook will be the program manager. Thereafter, the program manager will be elected from the community. Saurabh was previously working very closely with the Program manager of Polygon, where he facilitated the disbursement of approximately $1 million in grants. Saurabh has received a grant from IoTeX to establish their grant program, and he works closely with the Program Manager of Compound Grants Program 2.0. Saurabh has spoken to more than 100 builders and teams over the last 6-8 months and understands what it takes to make a grant program successful - from both program manager and builder perspectives. **Questbook Product Compensation:** - We are willing to share the tool for free with Arbitrum Grants Program - However, for any specific ask from the grants team, to run the process more smoothly, we charge for the additional features based on the development overhead. ### **Timeline** We will start implementing the grants program once this proposal is passed through Tally.","['For', 'Against', 'Abstain']",1688065200,1688670000,106202734,closed,"[85968691.21274212, 18458458.967357945, 119892.67470859864]","[[85968691.21274212], [18458458.967357945], [119892.67470859864]]",104547042.85480964,1688670049,0xb29A655f3D67B2B6724Fb22B2C2303cB660c946B 0xb0156cfc112bbe4275b0a1d6cacc3970affdad6057047b8cee79ba54d45446aa,Proposal: Activate support for account abstraction endpoint on One and Nova,"Author Jason Windawi, Alchemy Type This is a Constitutional proposal. Abstract As part of the broader development of account abstraction standards and tooling, Ethereum researchers have proposed a new RPC endpoint eth_sendRawTransactionConditional that adapts L2 sequencers to the specific needs of ERC-4337 bundlers. Offchain Labs has contributed to this new method by developing, testing and incorporating adjustments necessary to support the endpoint for Arbitrum’s sequencer into Nitro with v.2.0.14, which is now live on the Arbitrum testnet. This AIP proposes that the Arbitrum DAO activate support for this endpoint on the One and Nova mainnets. Motivation EIP-4337 has created significant momentum for account abstraction across the EVM ecosystem. Among other innovations, the proposal split validation and execution into distinct steps in the process of bundling transactions for submission to an alternative mempool. This split introduced a potential issue for bundlers working on their L2 transactions. The delay between simulated transaction validation by the bundlers, and the final inclusion by sequencers, introduces a risk for reverting bundle submissions. This is due to the lag between the initial submission of a transaction and its ultimate inclusion, during which a smart contract account’s storage can change and invalidate the transaction. Reverted bundle transactions result in lost value for the bundler, discouraging operation of these services until the issue is addressed. Ethereum researchers developed the eth_sendRawTransactionConditional endpoint to address this issue. This endpoint adds new options to the standard eth_sendRawTransaction endpoint that allow users to specify valid ranges for block height and timestamps. This will allow sequencers to reject transactions that don’t meet conditions for inclusion during the earlier validation stage, addressing the risk that in-account storage might change between validation and execution. Offchain Labs developed, tested and implemented a version of the eth_sendRawTransactionConditional endpoint in the v.2.0.14 update to Nitro, and have since implemented the endpoint on the Arbitrum testnet. This proposal requests that the DAO approve activating this endpoint for Arbitrum mainnets. Rationale This proposal directly supports the DAO’s constitutional value of maintaining alignment with the broader Ethereum ecosystem. The eth_sendRawTransactionConditional endpoint was developed by the Ethereum Foundation to address the proposal’s implications for layer 2 sequencers. Variations of this endpoint are being actively explored and developed by prominent EVM L2s and others in the ecosystem, indicating that the need for this endpoint in the context of sequencer/bundler interactions is a known problem with the need for active work toward a solution. Our proposal is also aligned with the DAO’s objective of ensuring decisions are sustainable over the medium and long term. As Arbitrum continues to push toward decentralization beyond Vitalik’s second milestone, the need for a flexible and secure endpoint for 4337-compliant transactions on Arbitrum will only become more critical. Finally, the proposal is aligned with the Arbitrum community’s values of social and technical inclusion. By enabling one of the core features of account abstraction, Arbitrum’s ecosystem would have access to the enormous potential for improvements in UX and other benefits of account abstraction. Specifications PR # 1474 on Github provides a history of the development and testing done by Offchain Labs, as well as the multiple stages of review by the team before it was merged on April 11, 2023. Making the endpoint viable for Arbitrum entailed two key adjustments to the checks performed before transactions reach the sequencer. The most fundamental was a config value change to the load balancer. The protocol’s load balancer has historically limited the computational costs of processing transactions by setting the number of acceptable slots in a transaction to zero. The new endpoint’s design allows for up to 1,000 slots. To accommodate this increase for conditional transactions, PR 1474 removed this 0 restriction for Nitro and for the testnet. Allowing conditional transactions also introduces a risk of DOS attacks spamming the protocol with transactions regardless of whether they meet the state conditions at the time they were submitted. To address this, Labs updated the Arbitrum sequencer’s pre-check to incorporate a backward-looking validity check of a given account’s state, meaning that transactions can only execute if they met their own conditions as of one second prior to submitting the transaction. Steps to Implement The work already done by Offchain Labs on this endpoint means that the steps to implement this AIP reduce to changing the load balancer config value as described above. Timeline Ideally ASAP, or as soon as is practical for Offchain Labs. Overall Cost The upfront costs for implementation should effectively be zero given the work done already by Offchain Labs.","['For', 'Against', 'Abstain']",1687220460,1687825260,102915502,closed,"[60523829.13279885, 105311.60145292307, 78643.78040694348]","[[60523829.13279885], [105311.60145292307], [78643.78040694348]]",60707784.514658876,1687825270,0xdb5781a835b60110298fF7205D8ef9678Ff1f800 0x373dfa89fc9c5ccba8ed83fa3fa4f233edd270075b5f8f4f3902b408318d9d17,AIP-1.2 - Foundation and DAO Governance,"Category: Constitutional - Process Abstract: This document (“AIP-1.2”) proposes amendments to the Constitution, and The Arbitrum Foundation Amended & Restated Memorandum & Articles of Association (the “A&R M&A”) and Bylaws (the “Bylaws”) to (1) remove references to AIP-1, and (2) make other changes reflecting feedback from the community. Motivation: AIP-1 set out critical aspects of governance and included key governance documents for the ArbitrumDAO, and The Arbitrum Foundation which referenced AIP-1 throughout: the ArbitrumDAO Constitution (the “Constitution”), the Bylaws and the A&R M&A. However, after vigorous community debate, AIP-1 did not pass. Rationale: The Constitution is a foundational document that lays out the governance system and capabilities of the ArbitrumDAO; the Bylaws and A&R M&A outline The Arbitrum Foundation’s relationship with and obligations to the ArbitrumDAO. These documents should be updated, via amendment, to remove references to AIP-1 and also to reflect other changes requested by the community during the debate process over AIP-1. Specifications: 1. Amendments to the Constitution (https://drive.google.com/file/d/1pIYxg9rJzIPcP0bvQAaPgmLITM9rVBIf/view?usp=share_link) -Remove references to AIP-1, except as reference to the moment the original Constitution became effective. -Make explicit that proposals to amend The Arbitrum Foundation’s A&R M&A and Bylaws take the form of a Constitutional AIP. -Make explicit that the DAO may make a Non-Constitutional Funding AIP with respect to the Administrative Budget Wallet. -Lower the threshold number of Votable Tokens required for an AIP to be posted on-chain from 5,000,000 $ARB to 1,000,000 $ARB. -Add a new Section 5, which details the Data Availability Committee, including processes for removing and appointing Data Availability Committee members. 2. Amendments to the Bylaws (https://drive.google.com/file/d/1VLYNk9VYUWMl0sL2wchot6I6arHCzd4r/view?usp=share_link) -Remove references to AIP-1. -Clarify that the definition of “Administrative Budget Wallet” includes all assets that are contributed to or otherwise acquired by the Administrative Budget Wallet, inclusive of assets specifically approved by the ArbitrumDAO. As pointed out by the DAO in its feedback in response to AIP-1, the “Administrative Budget Wallet” defined term in the Bylaws was unclear and didn’t clearly reflect the reality of The Arbitrum Foundation’s receipt of 7.5% of the token supply upon the $ARB token genesis. -Remove references to “Special Grants” and replace with the concept of Arbitrum ecosystem growth. -Remove “AIP Threshold” defined term as it is not used elsewhere in the Bylaws -Clarify that the ArbitrumDAO may replace The Arbitrum Foundation’s directors, change the number of directors, and require The Arbitrum Foundation to take certain actions. 3. Amendments to the A&R M&A (https://drive.google.com/file/d/1Zmi5w21skdwuC7EAe59mYBC_4fS1vqzJ/view?usp=share_link) -Remove references to AIP-1. Steps to Implement: 1. Approval of amended Constitution. 2. Approval of Amended & Restated Bylaws. 3. Approval of amendments to the A&R M&A. Timeline: This AIP-1.2 will be posted on the DAO forum and will have at least a 72-hour period for DAO comments and input. After the end of the 72-hour period and appropriate updates incorporating DAO feedback, this AIP-1.2 will be posted for vote on Snapshot for an additional 7 days. Subsequent to the Snapshot vote, an on-chain vote will be conducted according to the terms of the Constitution.","['For', 'Against', 'Abstain']",1681149600,1681754400,79075841,closed,"[137606930.3529121, 280121.7956632606, 895054.3385153797]","[[137606930.3529121], [280121.7956632606], [895054.3385153797]]",138782106.48709065,1681754412,0xA5dF0cf3F95C6cd97d998b9D990a86864095d9b0 0x7203289844e807781e8d2ec110d4b97a79a29944cae06a52dbe315a16381a2ae,"AIP-1.1 - Lockup, Budget, Transparency","Abstract tl;dr: AIP-1.1 proposes (1) a lockup, (2) a budget and (3) transparency reporting regarding the 7.5% of the $ARB tokens distributed to the Foundation’s “Administrative Budget Wallet”. The Administrative Budget Wallet will be used for covering ongoing administrative and operational costs of The Arbitrum Foundation, payment of service providers, and for the purpose of fostering the growth and development of the Arbitrum ecosystem. In respect to the 7.5% that has been distributed to the Administrative Budget Wallet, a transparency report regarding the 0.5% that has already been transferred is available here 163. The remaining 7% of tokens will not be used until the approval of a budget, such as the one proposed in this AIP. The proposed budget is in-line with the Foundation’s strategic needs to represent and service the DAO and the allocation is smaller than initial allocations to peer foundations. This AIP proposes placing the 7% outstanding distribution in a smart contract-controlled lockup – linearly unlocking over 4 years – alongside transparency report structures to allow the DAO to periodically monitor expenditures and other activities of the Foundation. The Administrative Budget Wallet will be used in pursuit of the Foundation’s mission statement as set out in the bylaws 24, which includes financing technical improvements and operations of the Arbitrum network, fostering ecosystem growth through grants to align with partner projects and educational initiatives with in-person and online events. Motivation On March 16, 2023, the Arbitrum networks (Arbitrum One and Arbitrum Nova) were decentralized and given to the newly formed Arbitrum DAO. Included in this transition were: -Control of the upgradeability and technical future of the chains -Control over the DAO treasury -Control over net fee revenue - i.e. the net difference between fees collected by on-chain operations and L1 fees paid by the Sequencer -All Arbitrum social media platforms and accounts -Ability to elect and, if deemed appropriate, remove the Security Council and Directors Full responsibility of the chain’s technology, future, and fee revenue were given to the DAO directly. With the DAO assuming those rights and controls, the DAO also assumed the responsibility to fund the ongoing operations of the chains and the costs of running critical chain infrastructure, including RPCs, the Sequencer, and third-party vendors and service contracts. While there are many activities that the DAO can do directly on-chain, several of its responsibilities require a representative that can engage, maintain and enter new agreements with service providers to run infrastructure that’s critical for the ecosystem (e.g. servers, RPCs, block explorers, data feeds and analytics platforms, and tooling), and ensure that both the chain and the ecosystem have the support they need to continue to thrive. In order to ensure a smooth transition to the DAO without any interruption of services, it was necessary to create an organization that would be ready to service the DAO immediately from launch. The Arbitrum Foundation was created to fill this need, with its mission and scope outlined across the Foundation Bylaws 24. Prior to the launching of the DAO, The Arbitrum Foundation assumed responsibilities for funding and running chain infrastructure. However, in an arrangement that appears to be unique amongst Arbitrum’s peers, the Foundation does not receive or control the net revenue from transaction fees as this is given directly to the DAO treasury. The DAO is also tasked with fostering and developing the Arbitrum ecosystem, where the DAO may seek to partner with companies or organizations that either cannot or will not publicly negotiate collaborations or partnerships due to confidentiality and other operational requirements. Often, large enterprises negotiate partnership opportunities in private without public processes, where these relationships can only be disclosed after they are agreed upon. Having a well-funded Foundation empowered to represent the DAO in this arena, alongside peer foundations, is in the best interests of the DAO to further develop the growth of the Arbitrum ecosystem. Rationale While the need for the Foundation to exist and represent the DAO is well-motivated, it became clear through community discourse around AIP-1 that it was important to have additional insight and restrictions on the Foundation’s initial funding. This AIP-1.1 proposes a detailed set of controls and initiatives to achieve that goal. 1. Smart Contract Lockup: The remaining 7% of ARB tokens in the “Administrative Budget Wallet” will be subject to a four year lockup schedule, unlocking on a continuous linear time basis commencing from the date of the Snapshot approval of AIP-1.1 by the DAO (i.e., a total of 175m $ARB released over each year for 4 years). The lockup will be enforced on-chain through a smart contract which will designate a multisig wallet controlled by The Arbitrum Foundation as the beneficiary. The lockup contract will be configured in a manner that allows the DAO to adjust future funding and/or modify the unlock schedule. 2. Operating Budget: Below is a proposed annual operational budget for the first year of the Foundation. While the operational costs are denominated in USD, the expectation is that approximately half will be paid in USD and half will be paid in locked $ARB tokens. As this will be the first year of the Foundation’s operation and as the Foundation is still young at the time of this AIP, it goes without saying that these are estimates with the expectation that this will be an upper bound on the operational costs for the first 12 months. The transparency reports described in the next section will be an opportunity to track the actual expenses against the budgeted categories and keep the community informed. Operating Budget: Cost ($USD) General and Administrative: $16,000,000 R&D: $9,000,000 Technical Infrastructure: $5,000,000 Events, Marketing & Communications: $6,000,000 Total - Next Twelve Months: $36,000,000 (50% $USD/50% $ARB) *The General and Administrative line-item includes personnel, contractors, legal, insurance and other operational costs. As of the date of this AIP, the Foundation currently has five full-time contributors, 8 contractors, and the Security Council engaged to support the Arbitrum ecosystem. The Foundation’s budget anticipates the need to hire an additional 15 full-time contributors across technical, growth and community functions over the course of this year. This operating budget presents best-faith estimates of the Foundation’s anticipated budgetary needs which may be subject to change. 3. Ecosystem Growth Initiatives Any additional funds released in compliance with the lock-up schedule above will be made available, but not necessarily deployed, to opportunistically pursue ecosystem growth opportunities and strategic partnerships on behalf of the DAO. The expectation is that the vast majority of ecosystem growth funds will be paid in tokens, and thus will not require the Foundation to sell any tokens. Wherever reasonable, the Foundation will include additional lockups and/or vesting when making distributions in tokens. The Mission Statement in the Foundation’s bylaws 24 highlights the varied nature of the opportunities the Foundation intends to pursue, and a set of KPIs that can track all of these opportunities being developed. The basis of those KPIs will stem from a focus on onboarding and growing both the developer and user base of the Arbitrum ecosystem, attracting best-in-class infrastructure providers to the network, expanding across various industries, use-cases and scope of projects that engage with Arbitrum technology. The ultimate goal of the Foundation is to continue to foster the development of the technology and expand the Arbitrum ecosystem globally. In addition to the Foundation’s processes for selecting grants, it is important to note that the DAO maintains control over the 3.527 billion $ARB and has the ability to distribute any additional grants as it sees fit. Additionally, should the DAO choose, it has the ability to trigger the inflation of the total supply of $ARB which will supplement the on-chain DAO treasury with 2% growth of the total supply of $ARB each year. 4. Transparency Reports The Foundation understands and agrees that the community should have oversight across how these funds are being utilized to gain comfort that spending is in the interest of the community. In furtherance of this goal, the Foundation is committed to providing a comprehensive annual report and a semi-annual progress update. This will provide the community with a better understanding of the Foundation’s expenditures, balance sheet and its pursuit of ecosystem growth opportunities alongside partnership developments, as well as the various internal and external committees and stakeholders that are involved in the decision making process. The Foundation is continuing to build out its internal personnel to service grant requests and has already engaged a DAO service provider to assist with the administrative components of servicing grants. The Foundation is also talking with a number of different external service providers to assist in both the review and diligence processes. The financial element of these transparency reports will include a breakdown of operational costs incurred while running the Foundation, including infrastructure spending for the Arbitrum chains, events, community building efforts, grants, etc. In addition to the aforementioned reports, the Foundation is providing an initial transparency report alongside this AIP covering all major actions and decisions the Foundation made during set-up, including the costs incurred up until now, which can be found here 163. Steps to Implement 1. Foundation to deploy smart contract vesting wallet in the specified configuration and transfer 700 million $ARB to it. 2. Foundation to implement all processes described in this AIP. Timeline This AIP-1.1 shall be posted on the DAO forum and will have at least a 72-hour period for DAO comments and input. After the end of the 72-hour period and appropriate updates incorporating DAO feedback, this AIP-1.1 will be posted for vote on Snapshot for an additional 7 days. ","['For', 'Against', 'Abstain']",1681149600,1681754400,79073961,closed,"[137012024.61667585, 1224386.4833715, 1390839.3014264964]","[[137012024.61667585], [1224386.4833715], [1390839.3014264964]]",139627250.40147364,1681754417,0xA5dF0cf3F95C6cd97d998b9D990a86864095d9b0 0x3ae4c725f7cb82d450b6fe8517178b2a0a51d1105beaad0adb421df1bc8f8cc4,AIP 1.05: Return 700M $ARB to the DAO Treasury [REAL],"Abstract Return the 700M $ARB unjustly allocated to the Foundation from the DAO What happened with AIP-1 was a clear overreach of the DAO’s power of treasury resources This is a symbolic gesture to demonstrate that the governance holders ultimately control the DAO, not the Arbitrum service provider nor the Foundation Only after this has occurred, can we move forward with Budget proposals. Motivation As stated in (Proposal: AIP-1.1 - Lockup, Budget, Transparency 3), On March 16, 2023, the Arbitrum networks (Arbitrum One and Arbitrum Nova) were decentralized and given to the newly formed Arbitrum DAO. Included in this transition were: Control of the upgradeability and technical future of the chains Control over the DAO treasury Control over net fee revenue - i.e. the net difference between fees collected by on-chain operations and L1 fees paid by the Sequencer All Arbitrum social media platforms and accounts Ability to elect and, if deemed appropriate, remove the Security Council and Directors Full responsibility of the chain’s technology, future, and fee revenue were given to the DAO directly. With the DAO assuming those rights and controls, the DAO also assumed the responsibility to fund the ongoing operations of the chains and the costs of running critical chain infrastructure, including RPCs, the Sequencer, and third-party vendors and service contracts. The DAO has full control of the resources of the DAO treasury. Though it is acknowledged that there is nuance in the chicken and egg problem, the DAO undeniably has the right to reverse any decisions made unilaterally by the foundation or the service provider. When the public on medium distribution was released, it marked the creation of the DAO. In the prospectus, it was clearly outlined that the DAO would receive 42.78% of the token supply The legal rationale behind the decision from the service provider to not initially allocate resources to the foundation is not clear, but what is done is done. Once public communication is disseminated and people make investment decisions based on the terms of decentralization, that is binding and there is no going back. The Foundation has unilaterally been allocated $750M tokens from the DAO that was not approved by the governance token holders. Any funds must be returned until it has been properly allocated by the DAO and the DAO only. Health of the Foundation We understand that the Foundation needs resources for the ecosystem to succeed and compete versus its competitors. We are in support of AIP1.1 and AIP 1.2 as proposed. It is prudent that full faith and trust be restored in the governance process before we proceed with anything else. Ask Return 700M $ARB from the Foundation to the DAO as a symbolic gesture that the governance token holders hold ultimate power and authority over the resources that were granted to the DAO Buyback $ARB via Wintermute with whatever fiat is left from the $10M OTC sale Disclose terms of the market making deal with Wintermute Pause AIP 1.1 and 1.2","['For', 'Against', 'Abstain']",1680918741,1681523541,78163289,closed,"[20526942.094755903, 118334390.35010344, 1993792.7157490484]","[[20526942.094755903], [118334390.35010344], [1993792.7157490484]]",140855125.16061005,1681523561,0x4bca130D4D1387Ec00705Dc24e8eB63488136e71 0xe8bc33b7849bd1d7984a8d638444e2dd97b0dfa3f5f2c9dff28fcfe0247bdab3,AIP 1.05: Return 700M $ARB to the DAO Treasury ,"Abstract Return the 700M $ARB unjustly allocated to the Foundation from the DAO What happened with AIP-1 was a clear overreach of the DAO’s power of treasury resources This is a symbolic gesture to demonstrate that the governance holders ultimately control the DAO, not the Arbitrum service provider nor the Foundation Only after this has occurred, can we move forward with Budget proposals. Motivation As stated in (Proposal: AIP-1.1 - Lockup, Budget, Transparency 3), On March 16, 2023, the Arbitrum networks (Arbitrum One and Arbitrum Nova) were decentralized and given to the newly formed Arbitrum DAO. Included in this transition were: * Control of the upgradeability and technical future of the chains * Control over the DAO treasury * Control over net fee revenue - i.e. the net difference between fees collected by on-chain operations and L1 fees paid by the Sequencer * All Arbitrum social media platforms and accounts * Ability to elect and, if deemed appropriate, remove the Security Council and Directors Full responsibility of the chain’s technology, future, and fee revenue were given to the DAO directly. With the DAO assuming those rights and controls, the DAO also assumed the responsibility to fund the ongoing operations of the chains and the costs of running critical chain infrastructure, including RPCs, the Sequencer, and third-party vendors and service contracts. The DAO has full control of the resources of the DAO treasury. Though it is acknowledged that there is nuance in the chicken and egg problem, the DAO undeniably has the right to reverse any decisions made unilaterally by the foundation or the service provider. When the public on medium distribution was released, it marked the creation of the DAO. In the prospectus, it was clearly outlined that the DAO would receive 42.78% of the token supply The legal rationale behind the decision from the service provider to not initially allocate resources to the foundation is not clear, but what is done is done. Once public communication is disseminated and people make investment decisions based on the terms of decentralization, that is binding and there is no going back. The Foundation has unilaterally been allocated $750M tokens from the DAO that was not approved by the governance token holders. Any funds must be returned until it has been properly allocated by the DAO and the DAO only. Health of the Foundation We understand that the Foundation needs resources for the ecosystem to succeed and compete versus its competitors. We are in support of AIP1.1 and AIP 1.2 as proposed. It is prudent that full faith and trust be restored in the governance process before we proceed with anything else. Ask Return 700M $ARB from the Foundation to the DAO as a symbolic gesture that the governance token holders hold ultimate power and authority over the resources that were granted to the DAO Buyback $ARB via Wintermute with whatever fiat is left from the $10M OTC sale Disclose terms of the market making deal with Wintermute Pause AIP 1.1 and 1.2","['For', 'Against', 'Abstain']",1681225200,1681830000,78047794,closed,"[14363542.24058144, 44234794.890667774, 594279.0683995599]","[[14363542.24058144], [44234794.890667774], [594279.0683995599]]",59192616.19964863,1681830010,0x4bca130D4D1387Ec00705Dc24e8eB63488136e71 0x3be7368a662d1cf12fa4da768d626edbc013be0dc7b994fef2e24d9a54e4033a,AIP-1: Arbitrum Improvement Proposal Framework,"## Category: Constitutional - Process ### Submitted by: Lemma Ltd ### Abstract This document (“**AIP-1**”) proposes the structure of a decentralized autonomous organization called the ArbitrumDAO that would be governed by holders of $ARB, the decentralized token that will serve as the primary token for fostering, developing, authorizing and/or governing the ArbitrumDAO-approved chains (as defined in the ArbitrumDAO Constitution). The ArbitrumDAO Constitution, located at https://docs.arbitrum.foundation/dao-constitution is incorporated herein by reference. ### Motivation The Arbitrum Foundation, a Cayman Islands foundation company, which will serve the ArbitrumDAO community and be governed by it, aims to foster the growth and development of the Arbitrum ecosystem. The ArbitrumDAO will have the ability to submit Arbitrum Improvement Proposals (“**AIPs**”), vote on them and make them a reality through The Arbitrum Foundation. The guiding values of The Arbitrum Foundation and ArbitrumDAO are described in Section 5 of the ArbitrumDAO Constitution and are incorporated herein. ### Rationale The Arbitrum Foundation serves the ArbitrumDAO by administering the wishes of the community and otherwise adhering to its guiding values. The Arbitrum Foundation and DAO governance are intended to serve as vehicles enabling impactful, transparent and fair decentralized governance by the broader Arbitrum community. Through the submission of AIPs, the ArbitrumDAO will be able to collectively decide and effectuate changes ranging from core protocol technology to non-technical decisions that otherwise impact the community and $ARB tokenholders. ### Specifications **Governance powers breakdown** **1. $ARB Tokenholders** * $ARB tokenholders, who make up the ArbitrumDAO, play the most critical role in the proper functioning of decentralized governance in the pursuit of a trustless, transparent and verifiable Arbitrum ecosystem. As Arbitrum is intended to be a public good, it is only right that governance over it should be governed by those for whom such public good is intended for. * $ARB tokenholders have the ability to directly propose, vote on and effectuate on-chain AIPs with respect to the ArbitrumDAO-approved chains. **2. Special Grants** * The Arbitrum Foundation shall be permitted to issue grants out of the Administrative Budget Wallet without undergoing a full on-chain AIP process (such grants, “**Special Grants**”). * The rationale behind the ability of The Arbitrum Foundation to issue Special Grants is to avoid inundating governance with grant applications, while at the same time alleviating voter fatigue. * The Special Grants application process and criteria will be released at a later date by The Arbitrum Foundation. **3. Directors** As a Cayman Islands foundation, The Arbitrum Foundation is required to have at least 1 director responsible for the management and operation of The Arbitrum Foundation, in particular approving and entering into contractual arrangements on behalf of The Arbitrum Foundation (i.e., the parties actually approving and signing agreements).| The directors are responsible for ensuring that AIPs do not: * Compromise their fiduciary duties owed to The Arbitrum Foundation; * Violate The Arbitrum Foundation’s Amended & Restated Memorandum of Association or bylaws, the ArbitrumDAO Constitution, the AIP Process or any other laws or regulations of applicable jurisdictions (including but not limited to Cayman Islands laws); and * Cause The Arbitrum Foundation to be in breach or violation of any contracts, agreements or any other arrangements. The initial directors of The Arbitrum Foundation are: * Campbell Law, * Edward Noyons and * Ani Banerjee The ArbitrumDAO may remove or elect The Arbitrum Foundation’s directors or expand or reduce the number of directors at any time pursuant to a Non-Constitutional AIP **4. Security Council** The Security Council is a committee of 12 members of a multi-sig wallet which has the ability to perform both Emergency and Non-Emergency Actions, which are further detailed in Section 3 of the [ArbitrumDAO Constitution](https://docs.arbitrum.foundation/dao-constitution), which is incorporated herein by reference. The initial Security Council members, split by cohort, are as follows: i. September Cohort 1. [Mo Dong](https://twitter.com/no89thkey) is the Co-Founder of Celer Network. Mo received a PhD from the University of Illinois Urbana-Champaign in computer science. 0x526C0DA9970E7331d171f86AeD28FAFB5D8A49EF 2. [Harry Kalodner](https://www.linkedin.com/in/hkalodner/) is Co-Founder and CTO at Offchain Labs, the developers behind Arbitrum. Harry started working on building Arbitrum while studying at Princeton University. 0xf8e1492255d9428c2Fc20A98A1DeB1215C8ffEfd 3. [Diane Dai](https://www.linkedin.com/in/diane-dai-649890a7/) is the Co-Founder of DODO, a leading decentralized trading platform. Diane has extensive marketing experience in Defi space since 2017 and was named to Forbes Asia 30 under 30 in 2022. 0x0E5011001cF9c89b0259BC3B050785067495eBf5 4. [Caleb Lau](https://twitter.com/EnigmaticUnreal) has been a software engineer at Etherscan since 2019. He works closely with L2 scaling teams to bring users the Etherscan experience on the explorer front. 0x8688515028955734350067695939423222009623 5. [Ed Felten](https://www.linkedin.com/in/ed-felten-275171/) is Co-Founder and Chief Scientist at Offchain Labs, the developers behind Arbitrum. Prior to this, Ed served as the Robert E. Kahn Professor of Computer Science and Public Affairs at Princeton University. Ed also served as the Deputy U.S. Chief Technology Officer from 2015-17. 0x6e77068823f9D0fE98F80764c21Ec294e4d96AdB 6. [Bryan Pellegrino](https://www.linkedin.com/in/bryanpellegrino) is Co-Founder and CEO at LayerZero Labs, an omnichain interoperability protocol. Bryan is a multi-time founder/serial entrepreneur who has been active in crypto for more than 10 years. 0x8e6247239CBeB3Eaf9d9a691D01A67e2A9Fea3C5 ii. March Cohort 1. [Patrick McNab](https://twitter.com/pat_mcnab) Is a Co-founder of Mycelium who have been developing and deploying decentralized financial infrastructure since 2018. Mycelium (previously Tracer DAO) were one of the first protocols deployed on Arbitrum in 2021 and support the Arbitrum ecosystem through running validators and Chainlink nodes. 0x566a07C3c932aE6AF74d77c29e5c30D8B1853710 2. [Justin Drake](https://www.linkedin.com/in/drakefjustin) has been a researcher at the Ethereum Foundation since 2017. He focuses on Ethereum consensus layer upgrades. 0x5280406912EB8Ec677Df66C326BE48f938DC2e44 3. [Bartek Kiepuszewski](https://www.linkedin.com/in/bartek-kiepuszewski-b3a299/?originalSubdomain=pl) has been a blockchain architect at MakerDAO since 2017. He also co-founded l2beat.com and TokenFlow Insights. Bartek holds a PhD in computer science from Queensland University of Technology. 0x0275b3D54a5dDbf8205A75984796eFE8b7357Bae 4. [Rachel Bousfield](https://github.com/rachel-bousfield) has been a software engineer at Offchain Labs since 2021. She is currently leading the development of Stylus. 0x5A1FD562271aAC2Dadb51BAAb7760b949D9D81dF 5. [Patricio Worthalter](https://www.linkedin.com/in/worthalter/?originalSubdomain=ar) has been working full time in the Ethereum space since 2015. In 2018 he founded POAP, a web3 native public good that mints digital collectibles for the preservation of memories. 0xf6B6F07862A02C85628B3A9688beae07fEA9C863 6. [Yoav Weiss](https://twitter.com/yoavw) is a security researcher at the Ethereum Foundation and has been building in the Ethereum space since 2017, working on account abstraction (ERC-4337), OpenGSN, L2 security, etc. Yoav brings over 25 years of experience and has developed security technologies used by industry leading companies. 0x475816ca2a31D601B4e336f5c2418A67978aBf09 Compensation: Security Council members are each paid $5,000 per month in $ARB tokens. Security Council Elections: Section 4 of the [ArbitrumDAO Constitution](https://docs.arbitrum.foundation/dao-constitution) describes the Security Council election process and is incorporated herein by reference. **5. Data Availability Committee (Arbitrum Nova chain only)** Transactions occurring on the Arbitrum Nova chain are settled on Ethereum mainnet, but, unlike transactions occurring on the Arbitrum One chain, the underlying transaction data batches are posted and stored by the members of the Data Availability Committee on a [Data Availability Server](https://developer.arbitrum.io/das/daserver-instructions) (and not on Ethereum mainnet). The initial members of the Data Availability Committee are authorized representatives of the following parties: * Reddit, Inc. * ConsenSys Software Inc. * QuikNode, Inc. * P2P Business Technologies * Google Cloud ( Google LLC.) * Offchain Labs, Inc. * Opensea Innovation Labs Private Limited Data Availability Committee members can be appointed and removed at any time pursuant to a Constitutional AIP approved by the ArbitrumDAO. In the event that a Data Availability Committee member is removed (and not otherwise replaced) pursuant to a Constitutional AIP approved by the ArbitrumDAO, or in the event that a Data Availability Committee member resigns without a replacement, the Security Council may execute an emergency action (9-of-12 approval required) to appoint a replacement for such removed or resigned Data Availability Committee member. ### AIP Guidelines and Process Breakdown Section 2 of the ArbitrumDAO Constitution lays out the AIP process and voting procedures, as well as the various categories of AIPs, and is incorporated herein. **Arbitrum Voting Protocol Procedure** 1. [Tally.xyz](https://www.tally.xyz/gov/arbitrum) will act as the initial on-chain voting platform for the ArbitrumDAO to submit and vote on AIPs 2. Tally will serve as a front-end user interface that allows DAO members to do several things, namely: * Create AIPs; * View delegates and their voting share; * Re-delegate votes to a different delegate; * View current and past AIPs; * Vote on AIPs on-chain, interacting with the on-chain governance contracts via the Tally front-end; and * View the status of AIP execution during all voting stages ### **Steps to Implement** 1. Ratification of formation of The Arbitrum Foundation and its [Amended & Restated Memorandum of Association](https://docs.google.com/document/d/19MLHbkvCgbP9grygn6YfxxM9oA_T1mEK-aYDD7nRA04/edit?usp=sharing) and [bylaws](https://docs.google.com/document/d/1YkV8IC-TXQFjPZn5_IJGb2wjlxNTjDZXK3cCzoF8hqM/edit?usp=sharing) linked in this AIP-1. 2. Ratification of the [ArbitrumDAO Constitution](https://docs.arbitrum.foundation/dao-constitution) 3. Ratification of Security Council and Data Availability Committee member appointments and respective powers 4. Ratification of the following allocations of the L2 basefee on the Arbitrum Nova chain: 8% of the basefee to the Data Availability Committee and 12% of the basefee to Arbitrum Nova validators 5. Ratification of the funding of the DAO Treasury (as defined in the ArbitrumDAO Constitution) 6. Approval of the AIP process as described in this AIP-1 7. Completed setup of the [Arbitrum ](https://forum.arbitrum.foundation)[Forum](http://forum.arbitrum.io), [Snapshot](https://snapshot.org/#/arbitrumfoundation.eth) and [Tally](https://www.tally.xyz/gov/arbitrum) 8. Ratification of funding the Administrative Budget Wallet 9. Ratification of reimbursement of costs as illustrated in the Overall Cost sections below and disbursement of such reimbursements to applicable service providers **Timeline** Solution prepared and ready to be ratified and approved **Overall Costs** **Initial Setup Costs of The Arbitrum Foundation and ArbitrumDAO** Total setup costs, including legal costs, DAO administration setup and registration fees to be reimbursed to service providers: $3.5 million (“**Total Setup Costs**”) **DAO Treasury** In order to best provide the ArbitrumDAO with the ability to effectively govern and foster the development of Governed Chains (as defined in the ArbitrumDAO Constitution), 3,527,046,079 $ARB tokens have been transferred to the DAO Treasury. The ArbitrumDAO will have direct on-chain governance powers over the DAO Treasury in accordance with the AIP process as delineated in the ArbitrumDAO Constitution. **The Arbitrum Foundation Administrative Budget Wallet** For the sake of operational and administrative efficiency, a separate account controlled by The Arbitrum Foundation will be created (“**Administrative Budget Wallet**”). 750 million $ARB tokens will be transferred to the Administrative Budget Wallet for purposes of making Special Grants, reimbursing applicable service providers for the Total Setup Costs and covering ongoing administrative and operational costs of The Arbitrum Foundation. Further funding of the Administrative Budget Wallet shall require approval of an AIP by the ArbitrumDAO pursuant to the AIP process. [The Arbitrum Foundation Memorandum of Association](https://docs.google.com/document/d/19MLHbkvCgbP9grygn6YfxxM9oA_T1mEK-aYDD7nRA04) [The Arbitrum Foundation Bylaws](https://docs.google.com/document/d/1YkV8IC-TXQFjPZn5_IJGb2wjlxNTjDZXK3cCzoF8hqM/edit?usp=sharing)","['For', 'Against', 'Abstain']",1679955204,1680560004,74357879,closed,"[16418340.15083403, 100343537.24475034, 14120336.076898294]","[[16418340.15083403], [100343537.24475034], [14120336.076898294]]",130882213.47248442,1680560014,0x74369AdDA9E1c8482599B4614f2f31af0d9084e8