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Arbitrum · closed proposal

[Constitutional] AIP: Remove Cost Cap on Arbitrum Nova

0xd333…8227·ended 1y ago·Discussion ↗
Voters
2,680
ARB voted
196.61M
≈$15.40M
Token price
$0.08

AI summary

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Voting results

For179.74M (91.4%)
Against29.78K (0.0%)
Abstain16.84M (8.6%)
196.61M ARB · ≈$15.40M · 2680 votersblock 349029783

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Full proposal

Original markdown · Arbitrum

Note: this proposal will be subject to an individual Snapshot vote; if it reaches a quorum of 3% of votable $ARB, it may be combined with several other maintenance-related proposals for a joint Tally vote.

Abstract

This proposal will remove the Amortized Cost Cap, which is expected to result in higher gas fees for users on Arbitrum Nova. This increase is necessary to ensure the long-term sustainability of the network and reduce the financial burden on the Arbitrum Foundation. Given the diminishing relevance of Nova and the evolving Layer 2 landscape, lifting this cap will prevent inefficie…

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