This week in the DAO, we are tracking ongoing initiatives, reviewing new proposals, and addressing raised concerns.
Let’s dive into this week’s Arbitrum DAO news 🚀
Farcaster Integrates with Arbitrum
Mint an open edition #Arbizuki on Zora
Arbitrum Ecosystem Spotlight: Pear Protocol
Security Council Completed
ARDC and ADPC Updates
Onboarding to the Arbitrum DAO
Discussions and Proposals
Voting Reminders
Governance Calls
DAO Resources
To celebrate this integration, Arbitrum Foundation launched: 🟪Frame It🟪
A buildathon for developers to create Frames on Arbitrum, with $500k USD in retroactive rewards.
Apply here for retroactive rewards every two weeks.
If you’re developing a dApp on Arbitrum or want to add value to the ecosystem, Arbitrum Foundation Grants Phase 3 has opened new tracks: Growth Track, Advanced Growth Track, Orbit Track, Stylus Track and Multichain Growth Track.
If you fit any of these tracks, apply here: Apply Now
For the Arbitrum community, there’s an open edition of Azuki #723 on Arbitrum via Zora with a minting fee of 0.000777 ETH.
The open mint will last for one month! Mint your Azuki #723 here.
Pear Protocol is the first and only pair trading platform exclusively on Arbitrum. With Pear, you can trade popular pairs like ETH/BTC, PEPE/DOGE, and SOL/ETH.
Whether you’re a professional trader or just starting, Pear Protocol offers the tools you need to manage leveraged long and short positions effortlessly.
Learn more about Pear Protocol | Pear Docs
The 13-day Grace Period has ended, which means the election results from May 3rd have been effectuated.
Click here to see transactions executed with the respective updates to the relevant Security Council smart contracts.
The ARDC has been very active over the past week, sharing important updates on various proposals and concerns within the DAO.
These updates ensure that delegates are well-informed and equipped to make the right decisions for the DAO’s future.
The Arbitrum Development Proposal Committee (ADPC) has been actively working on several key initiatives.
Here is the bi-weekly card recording with the latest updates.
These updates reflect the committee’s ongoing efforts to keep the community informed and engaged in the development process.
If you’re interested in participating, the meetings occur every Monday at 1 pm UTC and Thursday at 11 pm UTC.
Please make sure to add the Arbitrum DAO Calendar for the full schedule and the most accurate times.
The Arbitrum Ventures Initiative (AVI) is designed to accelerate growth in the Arbitrum ecosystem through strategic large-scale investments, expanding beyond traditional grants to include a variety of financial instruments such as venture capital and revenue-sharing.
Ask: $99,000 USD.
This proposal aims to set up a high-impact marketing initiative to amplify upcoming incentive programs, seeking 238,500 ARB to fund various short-term marketing effort
Ask: 238,500 ARB
The following proposals are available for voting, and we encourage all delegates to analyze and exercise their right to vote.
Grant Request - Curve Finance (Tally)
This proposal seeks support for a standalone grant application by LlamaRisk to boost the growth of Curve Finance on Arbitrum.
It is not part of LTIPP but follows a similar model and timeline. If approved, it can be monitored under LTIPP.
Michael Egorov will match the grant with 237,500 ARB from his personal holdings.
Ask: $237.5 ARB.
Deadline to vote Tuesday, May 28, 2024.Pilot Phase: M&A for Arbitrum DAO (Tally)
The 8-weeks M&A pilot phase proposal is the next step toward the Arbitrum M&A proposal outlining the opportunity for Arbitrum DAO to form an M&A Unit focused on identifying and executing on acquisition opportunities.
Ask: 52.000 $ARB
Deadline to vote Sunday, Jun 2, 2024.Front-end interface to force transaction inclusion during sequencer downtime (Tally)
WakeUp Labs proposal outlines the development of a simple but effective front-end interface that enables users to force-include transactions directly on L1 when the Arbitrum Sequencer is down, aiming to increase trust among end-users navigating the Arbitrum ecosystem.
Ask: 42.500 $ARB
Deadline to vote Monday, Jun 3, 2024.Catalyze Gaming Ecosystem Growth on Arbitrum (Tally)
The GCP is meant to serve as a catalyst, not a comprehensive program, with a focus around onboarding and supporting high quality builders. After the roll out of the GCP, the aim is to use its learnings to mature the organization into a longer-term gaming program with a comprehensive approach to game ecosystem growth.
This is a three-year program and forecasted amounts may change / require amendment(s) as the program evolves. Any unutilized ARB at the end of the program duration will be returned to the DAO treasury.
Ask: 200m ARB + operations costs.
Deadline to vote Voting stars in two days.Arbitrum Multi-sig Support Service (MSS) (Snapshot)
This proposal outlines the creation of a “Multi-sig Support Service” (MSS) to reduce costs, improve efficiency, and enhance transparency.
Ask: $313,800 USDC per year.
Deadline to vote Tuesday, May 28, 2024.STIP Addendum and Bridge Challenge Proposals (Snapshot)
Deadline to vote Tuesday, May 28, 2024.
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.
Delegates Incentive Program Updates
Arbitrum DAO Onboarding
Arbitrum RWA Education Session
Open Discussion of Proposal(s) - Bi-weekly Governance Call
Arbitrum Fellowship Calls
Social Media Fellowship
Developer Relations Fellowship
Ecosystem Mapping Fellowship
Business Development Fellowship
Education Fellowship
You can subscribe and add the Arbitrum governance calls to your calendar here
Here are some valuable resources of the Arbitrum DAO:
Don’t forget to subscribe to this newsletter.
Every week, we analyze new proposals, summarize the state of the Arbitrum DAO, and provide you with the tools to contribute and increase your impact in the Arbitrum ecosystem.
About us, @ocandocrypto and @eugenia, we’re core contributors to web3citizen.xyz.
Reach out to us on @web3citizenxyz - we would love to hear your feedback!
Until the next edition, happy governing! 💙🧡
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