Change Arbitrum Expansion Program to allow deployments of new Orbit chains on any blockchain
AI summary
This proposal asks the Arbitrum DAO to decide if the Arbitrum Expansion Program should allow new Orbit chains to be deployed on any blockchain network, not just those that derive security from Ethereum. Currently, Orbit chains are restricted to Ethereum-based networks. The Arbitrum Foundation has received interest from projects wanting to deploy on other chains like Bitcoin, Binance Smart Chain, and Cosmos.
If passed, Arbitrum's technology could expand to a much broader range of blockchain ecosystems, potentially increasing revenue for the Arbitrum DAO through a 10% profit share from these new Orbit chains. This could also strengthen the dominance of the Ethereum Virtual Machine (EVM) and Arbitrum's Stylus technology across the industry. If it fails, Arbitrum's expansion will remain limited to Ethereum-centric networks, potentially hindering growth but maintaining a focus on Ethereum's ecosystem.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
On the 18th of January 2024, the Arbitrum Foundation announced the Arbitrum Expansion Program which allows projects to fork the Arbitrum codebase, modify it to their business needs, and deploy it on any chain that derives security from Ethereum. In return, the new Orbit chain is expected to share 10% of their chain’s profit back to the wider Arbitrum ecosystem. This includes 8% for the ArbitrumDAO and 2% for a new Arbitrum Developer Guild.
Support chains other than Ethereum?
One restriction of t…