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Arbitrum · closed proposal

(V2) Arbitrum Research & Development Collective

0x560b…1841·ended 1y ago·Discussion ↗·MEDIUM RISK
Voters
4,354
ARB voted
139.77M
≈$10.95M
Token price
$0.08

AI summary

This proposal, ARDC V2, seeks to fund the Arbitrum Research & Development Collective (ARDC) with various USDC amounts, ranging from $1.73 million to $2.60 million. It introduces a new Supervisory Council to oversee operations and communications, replacing the previous DAOAdvocate and Operations Lead roles. The funding model is revised to be more cost-effective, with a portion paid upfront and the rest tied to project deliverables. The proposal also removes the Hats Protocol integration, saving 45,000 ARB tokens, and allows for a potential six-month extension of the ARDC's term.

Impact

If passed, the Arbitrum DAO will allocate a significant amount of USDC to fund the ARDC, which will conduct research and development for the ecosystem. The new Supervisory Council will provide more distributed oversight, potentially improving accountability and strategic alignment. The removal of Hats Protocol saves 45,000 ARB, benefiting the DAO's treasury, while the new funding model aims for better cost-efficiency. The community benefits from continued R&D, while the ARDC members receive compensation for their work.

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Voting results

Funded with 1.73M USDC + Council90.70M (64.9%)
Funded with 2.09M USDC + Council27.79M (19.9%)
Funded with 2.60M USDC + Council10.92M (7.8%)
Abstain8.84M (6.3%)
Do not fund the ARDC1.52M (1.1%)
139.77M ARB · ≈$10.95M · 4354 votersblock 264746400

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Full proposal

Original markdown · Arbitrum

photo_2024-10-17_12-36-01.jpg

A brief summary of the changes carried out include:

  • Retainer Model (Cost-Effectiveness): One-third of the total cap allocated to each working member’s role will be paid upfront, covering the first 1/3 set of hours.The remaining two-thirds of the cap is tied to project-based deliverables and will be paid in phases: 50% upon commencement of each task, and the final 50% upon successful completion of the task.
  • Removal of the Operations Lead Position: The responsibilities previously managed …

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