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Arbitrum · closed proposal

Arbitrum DAO Grants - Delegated Domain Allocation by Questbook

0xb29A…946B·ended 3y ago·Discussion ↗·● MEDIUM RISK
Voters
51,622
ARB voted
104.55M
≈$19.28M
Token price
$0.18

AI summary

This proposal asks the Arbitrum DAO to launch a new grants program with a budget of $1 million over two quarters. The program will fund various teams building applications on Arbitrum. It introduces a 'Delegated Domain Allocation' model where four community-chosen individuals, called Domain Allocators, will manage grants within specific strategic areas. Questbook, a grant management platform, will facilitate the setup and provide tools for transparency and efficiency.

Impact

If passed, the Arbitrum DAO will allocate $1 million from its treasury to fund new projects, potentially boosting the Arbitrum ecosystem by attracting builders. The community will gain more direct control over grant distribution through the Domain Allocators, but the success of the program will depend on the effectiveness and integrity of these chosen individuals. Questbook will benefit from providing its services.

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Voting results

For85.97M (82.2%)
Against18.46M (17.7%)
Abstain119.89K (0.1%)
104.55M ARB · ≈$19.28M · 51622 votersblock 106202734

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Full proposal

Original markdown · Arbitrum

Author Saurabh, Questbook

Type Non-Constitutional

Abstract

  • We propose Arbitrum DAO to launch Arbitrum grants program with a budget of $1M spread across 2 quarters to fund a wide variety of teams building apps on top of Arbitrum in a transparent manner. Questbook is leading Compound grants program through delegated domain capital allocation model , a community-run grants program.
  • We additionally propose that this budget be managed by 4 *…

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