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Arbitrum DAO News · Jan 23, 2024

Arbitrum DAO News: Governance, Grants and Treasury WG Updates, January 23 📰

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Arbitrum DAO News · Arbitrum DAO News

Arbitrum DAO is diligently working on developing frameworks and programs that are in line with its long-term vision. As a result, there are several proposals and events to analyze.

Let's dive into the Arbitrum DAO Updates! 🚀

  • ARDC and Experimental Delegates Incentive System Passed

  • Grants Domain Allocator Developer Tooling Updates

  • Round 2 of "Our Biggest Minigrants Yet" is Live

  • Arbitrum Treasury Management Report by Aera

  • Stable Treasury Endowment Program Proposal

  • Active Proposals Live for Voting

  • Notable Forum Discussions

  • Upcoming DAO Calls and Events

📜 ARDC and Experimental Delegates Incentive System Passed

📆 Long-Term Incentives Pilot Program Updates

Following its approval on Snapshot, the Long-Term Incentives Pilot Program is currently undergoing elections for its council and advisor team. Both snapshot votes will conclude in the next few hours.

Once this process is completed, the proposal will be ready to proceed with its development and go through an on-chain vote.

The aim of this proposal is to prevent Arbitrum from being downgraded from a "Stage 1" to a "Stage 0" designation.

The proposal offers several options, including increasing the 7/12 multisig threshold to 9/12, extending the lower threshold multisig's exit window to 7 days, or removing the lower threshold multisig and increasing the L2 timelock delay.

Currently, the proposal is undergoing off-chain voting on Snapshot and is set to conclude in just two days. The increase the threshold from 7/12 to 9/12 option has received a 97% approval rate from the community.

🫡 Round 2 of "Our Biggest Minigrants Yet" is live!

This week, the ArbitrumDAO will be granting 2,500 ARB to each of the top four projects in the 'Play to Earn, Reimagined' category, for a total of 10,000 ARB distributed in the second round.

If you are developing in the 'Play to Earn, Reimagined' category on Arbitrum or utilizing Arbitrum technology in any way, we encourage you to submit your application before January 25th.

🔥 Grants Domain Allocator Developer Tooling Updates

Updates on the distribution of grants through the Questbook program have been released, providing the current status of each application and proposal in the Developer Tooling Grants Domain Category.

You can find more information here.

📜 Arbitrum Treasury Management Report by Aera

The Aera report on Arbitrum Treasury Management highlights the need for strategic, responsive, and transparent treasury management within DAOs, proposing automated DeFi-native solutions to improve efficiency and mitigate risks.

Description:

The Arbitrum Stable Treasury Endowment Program (STEP) aims to support the budding RWA ecosystem on Arbitrum by diversifying 10, 22.5, or 35 million ARB from the treasury into stable and liquid US T-bills or money market instruments that earn a rate of return roughly equivalent to US Treasuries (referred to as "stable RWAs").

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.

Status:

Currently, there is a forum voting exercise with three current options before continuing the governance process.

  • #10 Arbitrum Open Governance Call

    Recording

  • Foundation Twitter Space: Treasury Management working group review

    Recording

  • Grantee Help Session - Prepping for Decentralized Reviews

  • Arbitrum KPI Working Group

    Context

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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