This week in the DAO has been relatively calm, with updates on ongoing initiatives, a new proposal, funding and incentive programs, and voting for delegates.
Let’s dive into this week’s Arbitrum DAO news 🚀
Arbitrum Learning Track on Hack Quest
Farcaster Integrates with Arbitrum
Arbitrum Foundation Grants Phase 3
Mint an open edition #Arbizuki on Zora
Arbitrum Ecosystem Spotlight: Factor DAO
Thank ARB Program Update Assessors Needed
ARDC and ADPC Updates
Onboarding to the Arbitrum DAO
Discussions and Proposals
Voting Reminders
Governance Calls
DAO Resources
This comprehensive track provides everything you need to master DeFi strategies and development on Arbitrum.
What’s Included:
Bite-sized modules on Arbitrum essentials, Rust syntax, and Stylus SDK.
Step-by-step projects like Bulls and Cows Guessing Game, ERC20 Token, NFT, and DeFi Smart Vaults.
A personalized dashboard for tracking your progress and missions.
Post-course support and a verifiable, on-chain certification.
Start your Stylus learning here.
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 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.
FactorDAO is a community-governed platform revolutionizing the way complex DeFi strategies are built and automated. By providing powerful yet intuitive tools, FactorDAO makes creating and managing cross-protocol DeFi strategies as easy as drag-and-drop, without any coding required.
Learn more about Factor | Factor Docs
The Thank ARB program is seeking assessors for grant proposals in the Firestarters and RFP programs. The program is looking for “Tier 1 Reviewers” with expertise in the Arbitrum ecosystem. Reviewers will be compensated with 100 ARB per application review.
Additionally, “Tier 2 Reviewers” are needed for initial assessments to filter out spam and ineligible projects. Tier 2 Reviewers will earn 10 ARB per review and have the opportunity to advance to Tier 1.
This initiative aims to allocate 3 million ARB this summer. Interested community members are encouraged to apply.
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 Snapshot proposal to establish a Sub-Committee for the Security Services Subsidy fund is now up for voting. Vote here.
The ADPC has also shared its bi-weekly card recording for additional insights.
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 Foundation is seeking 5,134 ETH to bootstrap the first BoLD validator, covering assertion and challenge bonds, service fees, and L1 gas cost refunds. This proposal is contingent on the approval of the “AIP to upgrade the DAO-governed chains to use BoLD.”
Rationale Projects asks
Ask: 5,134 ETH.
The Arbitrum Startup Collective aims to supercharge innovation in the Arbitrum ecosystem by investing in up to 150 startups through a $50 million dedicated investment vehicle. This initiative will run a structured founders program for Seed to Series A startups, providing mentorship, network access, and resources to accelerate ecosystem growth and drive network adoption.
Rationale Project Asks
Ask: $50 million USD.
The following proposals are available for voting, and we encourage all delegates to analyze and exercise their right to vote.
Pilot Phase: M&A for Arbitrum DAO (Tally)
The 8-weeks M&A pilot phase proposal is the next step toward the Arbitrum M&A proposal outlining the opportunity for Arbitrum DAO to form an M&A Unit focused on identifying and executing on acquisition opportunities.
Ask: 52.000 $ARB
Deadline to vote Sunday, Jun 2, 2024.Front-end interface to force transaction inclusion during sequencer downtime (Tally)
WakeUp Labs proposal outlines the development of a simple but effective front-end interface that enables users to force-include transactions directly on L1 when the Arbitrum Sequencer is down, aiming to increase trust among end-users navigating the Arbitrum ecosystem.
Ask: 42.500 $ARB
Deadline to vote Monday, Jun 3, 2024.Catalyze Gaming Ecosystem Growth on Arbitrum (Tally)
The GCP is meant to serve as a catalyst, not a comprehensive program, with a focus around onboarding and supporting high quality builders. After the roll out of the GCP, the aim is to use its learnings to mature the organization into a longer-term gaming program with a comprehensive approach to game ecosystem growth.
This is a three-year program and forecasted amounts may change / require amendment(s) as the program evolves. Any unutilized ARB at the end of the program duration will be returned to the DAO treasury.
Ask: 200m ARB + operations costs.
Deadline to vote Voting stars in two days.Constitutional AIP - Security Council Improvement Proposal (Tally)
This AIP seeks to upgrade the Arbitrum Security Council structure to ensure Arbitrum remains decentralized and secure by increasing the threshold of the non-emergency Security Council to 9/12.
Ask: The proposal has no overhead for the DAO.
Deadline to vote Sunday, Jun 9, 2024.ArbitrumDAO Contribution; Safeguarding Software Developers’ Rights (Tally)
This proposal aims to provide financial support from the ArbitrumDAO to the DeFi Education Fund (DEF) and Coin Center to continue their efforts in policy, litigation, and advocacy for open-source software and software developers’ rights.
Ask: 1,000,000 ARB, split equally between DEF and Coin Center.
Deadline to vote Sunday, Jun 9, 2024.Kwenta x Perennial: Arbitrum Onboarding Incentives (Snapshot)
Kwenta, a prominent DeFi application in the Optimism ecosystem, plans to expand to Arbitrum using Perennial V2, an Arbitrum-native protocol. This joint proposal requests 1.9 million ARB to fund targeted onboarding incentives aimed at bringing Kwenta users to Arbitrum.
Ask: 1.9 million ARB.
Deadline to vote Friday, May 31, 2024.Set up a Sub-Committee for the Security Services Subsidy Fund (Snapshot)
This proposal aims to establish the Security Services Subsidy Fund (SSSF) Sub-committee and requests 60,000 ARB to fund its members over an 8-week cohort.
Ask: 60,000 ARB.
Deadline to vote Thursday, Jun 6, 2024.
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.
Arbitrum DAO Onboarding
Open Discussion of Proposal(s) - Bi-weekly Governance Call
Arbitrum Fellowship Calls
You can subscribe and add the Arbitrum governance calls to your calendar here
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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