[CONSTITUTIONAL] Remove Cost Cap, Update Executors, Disable Legacy USDT Bridge
AI summary
This proposal combines three separate changes for the Arbitrum DAO. First, it removes the 'Amortized Cost Cap' on Arbitrum Nova, which is a mechanism that currently subsidizes transaction costs. Second, it updates the 'Upgrade Executor' contracts on Arbitrum One, Arbitrum Nova, and Ethereum mainnet to a more modern version with improved functionality. Third, it disables the old Tether (USDT) bridge for Arbitrum One, as a new, more secure USDT bridge is now active.
If passed, users on Arbitrum Nova will likely see higher transaction fees, as the Arbitrum Foundation will no longer subsidize these costs, potentially making Nova less attractive for some users. The upgrade executor update improves the technical infrastructure for future protocol upgrades. Disabling the legacy USDT bridge will prevent users from accidentally using an outdated and potentially risky bridge, directing them to the new, safer option. The Arbitrum Foundation will save an unspecified amount by no longer subsidizing Nova costs.
Voting results
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[CONSTITUTIONAL] Remove Cost Cap, Update Executors, Disable Legacy USDT Bridge
Abstract
This AIP combines and puts forward three separate proposals for the ArbitrumDAO to consider: <u>Remove Cost Cap on Arbitrum Nova</u>, <u>Update the Upgrade Executors</u>, and [<u>Disable Legacy Tether Bridge</u>](https://snapshot.box/#/s:arbitrumfou…