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Arbitrum · closed proposal

Streamlining the LTIPP Bounties

0x1B68…eeaD·ended 2y ago·Discussion ↗·MEDIUM RISK
Voters
8,909
ARB voted
156.45M
≈$12.25M
Token price
$0.08

AI summary

This proposal seeks to change how research bounties are awarded for the Arbitrum Long-Term Incentive Pilot Program (LTIPP). Currently, selecting teams for these bounties requires multiple DAO-wide votes, which is slow. This proposal grants the LTIPP Council the autonomy to directly choose researchers for bounties, aiming to speed up the process and encourage more applications. The total budget for these research bounties remains capped at 200,000 ARB tokens.

Impact

If passed, the LTIPP Council will have more power in allocating research tasks, potentially leading to faster research and better insights into incentive programs. This could benefit the DAO by providing timely data for future incentive frameworks. Researchers might find it easier to apply without needing to lobby delegates, but it centralizes decision-making for a portion of the 200,000 ARB budget within the Council.

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Voting results

For144.09M (92.1%)
Against187.16K (0.1%)
Abstain12.17M (7.8%)
156.45M ARB · ≈$12.25M · 8909 votersblock 213991137

🐳 Whale votes

0 votes > 5% VP
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Full proposal

Original markdown · Arbitrum

Abstract

This proposal aims to streamline the LTIPP bounty process by allowing the LTIPP council more autonomy in choosing who completes each bounty. This will help create a faster-moving selection system with more accountability, allowing the DAO to gather more insights into the results of the incentive campaigns.

Motivation

The LTIPP proposal included up to 200,000 ARB available for research on STIP, the Backfund, and the LTIP Pilot Program. The bounties guarantee the DAO will have multiple teams working on providing meaningful conclusions regarding the incentive programs. These conclu…

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