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Arbitrum DAO News · Feb 21, 2024

Arbitrum DAO News: Governance, Gov Hack and Miscellaneous, February 21st 🤓

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Arbitrum DAO News · Arbitrum DAO News

A few days away from kicking off GovHack at EthDenver and amidst new proposals, we embark on a week of deep analysis and learning.

Let's dive into the Arbitrum DAO Updates! 🔥

  • Impact of STIP Report

  • LTIPP applications have begun

  • Karma Dashboard Walk-through

  • Arbitrum GovHack Around the Corner

  • Arbitrum DDA Program Request for Continuation

  • Upcoming DAO Calls and Events

  • Active Proposals Live for Voting

  • Notable Forum Discussions

The Arbitrum STIP is a one-time initiative to distribute 50 million ARB tokens to support active Arbitrum protocols based on community voting. Blaze AI has created a report on the impact this initiative has had on the Arbitrum ecosystem.

Read the report here.

Eth Denver is around the corner, and with it, members of the Arbitrum DAO have built Arbitrum Gov Hack, an event that will take place from February 26th to 29th, allowing web3 contributors to contribute to the future of the DAO for 3 days.

Not just technical skills are required; any contributor can participate. You can participate online, as long as at least one of the participants is present at the event.

Registration link.

This collaboration round is the first time quadratic funding is being leveraged to co-fund a national Ethereum event. The ETH Bucharest Conference and Hackathon is a four-day event scheduled to take place from March 27th to March 30th, 2024, in Bucharest, Romania.

See the details here.

The Pitch Session for applicants to the Arbitrum Research and Development Collective has been conducted, with strong profiles being put forward. It is now time to analyze them and be prepared for the voting that will take place during the first week of March.

Check out the recording of the pitch session here.

The Arbitrum Grants Program operated through the Delegated Domain Allocation model by Questbook has already allocated $912k to over 60 proposals. For its continuation, it proposes a $4,000,000 budget to support domains such as Gaming and Dev Tooling, aiming to enhance operational efficiency and transparency through measures like audits for Solidity code and on-chain grant disbursement.

Check out more details here.

The discussion delves into how Arbitrum's initiatives, such as the Gaming Catalyst Program, could transform Web3 gaming by focusing on digital asset ownership, interoperability, and user-generated content, despite concerns regarding economic feasibility and potential exploitation.

Check out more details here.

The pilot program is for protocols that did not receive ARB during STIP or the Backfund.

However, protocols that received grants from the Arbitrum Foundation, Questbook’s grant program, or any other Arbitrum Grants program are eligible to receive Pilot Program funding.

Additionally, receiving funding from the Pilot Program does not prevent protocols from applying for funding from other DAO or foundation programs, including the Long Term Incentives Program.

Check out FAQs here.

This Wednesday, February 21st, there will be a call between the SeedLATAM team and Karma to review the dashboard that will allow the Delegates' Incentives program to display the monthly results of the top participants.

Check out more details here.

This week, the ArbitrumDAO will be granting 2,500 ARB to each of the top four projects, totaling 10,000 ARB distributed in this round.

If you are developing in the 'Sustainability in the Blockchain Age' category, we encourage you to submit your application.

Different communities from the Latin American web3 ecosystem have created a round on gitcoin that allows for the promotion and support of new projects in Arbitrum in the region.

You can listen to the details of the announcement of this round on X spaces.

Description:

This initiative aims to utilize Arbitrum's treasury to nurture ventures in the Collab Tech vertical, encompassing governance, operations, growth, community, and contributor tooling. The RnDAO approach includes a builders' pipeline program run through a pilot grant to RnDAO via Plurality Labs, consisting of a Research Fellowship and a Venture Programme, aimed at quickly validating the viability of ventures at a low cost.

Status:

The initiative seeks funding from ArbitrumDAO for the next development phase, following the initial pilot that funded six seats in the Fellowship program and one seat in the Venture Programme.

Description:

This proposal aims to continue the development of a pluralistic grants framework for the Arbitrum DAO. This initiative is focused on decentralizing grant decision-making, scaling valuable grants allocations, and fostering the growth of the Arbitrum ecosystem. Milestone 1A involved deploying funds through various grants programs and experiments in collective decision-making. Milestone 1B, or 1B(ridge), seeks to build upon the successes and learnings from Milestone 1A, addressing shortcomings and leveraging better technology and strategies for scaling. The budget remains the same as the first milestone, with a focus on ecosystem development and service fees.

Status:

The proposal is currently in the feedback phase from delegates to proceed with the natural governance process.

Active Proposals Live for Voting

The following proposals are available for voting, and we encourage all delegates to analyze and exercise their right to vote.

No longer Active Proposals for Voting

The following proposals have concluded, and we invite delegates to stay tuned for their development within the Arbitrum DAO. The approval of a proposal is just the beginning, not the end.

  • Karma Dashboard Walk-through

  • Arbitrum KPI Working Group

  • Arbitrum - L2BEAT Office Hours

  • Arbitrum Open Governance Call

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

To stay connected and informed, here are some valuable resources:

Every week, we analyze new proposals, summarize the state of the Arbitrum DAO, and provide you with the tools to contribute and increase your impact in the Arbitrum ecosystem.

We would love to hear your feedback as we continue to provide more Arbitrum DAO news each week.

Until the next edition, happy governing! 💙🧡

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