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Arbitrum · closed proposal

Entropy Advisors: Exclusively Working With Arbitrum DAO

0xA786…77C6·ended 2y ago·Discussion ↗·MEDIUM RISK
Voters
4,782
ARB voted
169.77M
≈$13.30M
Token price
$0.08

AI summary

This proposal asks the Arbitrum DAO to fund Entropy Advisors for one year to work exclusively for the DAO. Entropy Advisors would receive $2.47 million, paid monthly, to provide strategic guidance, help partners navigate DAO processes, and align stakeholder priorities. They also plan to hire additional contributors in areas like data analytics and marketing to support the DAO's needs. Additionally, there's an optional performance-based bonus of up to 1.5 million ARB tokens, which would be voted on later and vested over three years.

Impact

If passed, Entropy Advisors will receive $2.47 million from the Arbitrum treasury to act as a dedicated strategic and operational partner for the DAO. This benefits Entropy Advisors and aims to improve the DAO's efficiency and ability to execute its long-term vision. The DAO's treasury will decrease by this amount, and potentially by an additional 1.5 million ARB tokens if the performance bonus is approved later.

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Voting results

Fund Entropy156.03M (91.9%)
Do not fund6.67M (3.9%)
Abstain7.06M (4.2%)
169.77M ARB · ≈$13.30M · 4782 votersblock 233581206

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0 votes > 5% VP
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Full proposal

Original markdown · Arbitrum

Abstract

This proposal aims to secure funding for Entropy Advisors to continue its work exclusively with the Arbitrum DAO for one year. During this period, we will deliver strategic proposals, guide key partners through the DAO processes, and align the priorities of essential stakeholders for the betterment of Arbitrum. We will also expand our efforts to include a small set of additional verticals by hiring skilled contributors in areas where the DAO needs support, such as data analytics, technical proposal creation, marketing, or any other needs that may arise.

With a budget of $2.47M for…

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