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Arbitrum · closed proposal

[CONSTITUTIONAL] Register $BORING in the Arbitrum generic-custom gateway

0x1B68…eeaD·ended 1y ago·Discussion ↗·LOW RISK
Voters
2,996
ARB voted
200.36M
≈$15.69M
Token price
$0.08

AI summary

This proposal asks the Arbitrum DAO to register the $BORING token in its generic-custom gateway. This registration is necessary to allow the $BORING token, which is part of the Superboring protocol, to be bridged from Ethereum to Arbitrum. The Superboring protocol is expanding to Arbitrum, and making its token bridgeable is intended to help drive adoption for both the protocol and the Arbitrum network.

Impact

If this proposal passes, the $BORING token will become bridgeable to Arbitrum, potentially increasing activity and liquidity on the Arbitrum network. The Arbitrum DAO incurs negligible cost for this registration. If it fails, the Superboring protocol's expansion to Arbitrum might be less attractive without its native token being easily transferable.

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Voting results

For183.52M (91.6%)
Against3.91K (0.0%)
Abstain16.83M (8.4%)
200.36M ARB · ≈$15.69M · 2996 votersblock 356341477

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Arbitrum

Disclaimer from L2BEAT

This proposal is one of several similar maintenance proposals that have been put forward recently and require a constitutional vote. Back in September last year, we indicated that such updates should be handled differently, but no such initiative has been proposed so far. We have been asked to support this proposal, which we are doing through this vote. Separately, we will request a dedicated discussion to address these issues in future. However…

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