Open Discussion of Proposal(s) - Bi-weekly Governance Call

4:06PM Dec 3, 2024

Speakers:

AplOttr

Daniel Ospina

Pruitt Martin

Krzysztof Kaczor, L2Beat

Jojo, Jones DAO

Matt Fiebach, EntropyAdvisors

Sam Martin, EntropyAdvisors

Keywords:

proposal updates

on-chain AIP

budget adjustments

volatility buffer

reporting function

user research

builder insights

quest book renewal

AI framework

ARDC elections

delegate incentives

Eth Bucharest

Arbitrum hub

incentive program

delegate feedback

Quick updates from people like Krzysztof and just kind of updates of the call in like or of the DAO overall. But the intention of this call is specifically to be around new proposals, or proposals at some point in their development life cycle. So that's why we're getting started with Daniel with the on chain. AIP. Go ahead. Dan, Daniel, all right. Thank

you. So the proposal is on, is on tally. We have done a few revisions to incorporate the feedback, most notably the elimination of the on chain mechanism. So the collab berry grant has been removed. And also we have made a few small adjustments to the budget, like, for example, adding based on one on one feedback that we receive, adding an extra reporting three months after so there was a tiny increase in some areas because of that, etc. But overall, the program is coming quite a bit cheaper than the than the previous, than the snapshot suggested. So there, we're more or less on target, and we also added the volatility buffer for our price fluctuations. However, we're expecting the market to go up, so hopefully none of that is used, and actually the MSS will be returning funds to the DAO at the end of this, as I was saying, We clarified a little bit more about the reporting. We also clarify a little bit more about how the investment agreement will work with the Arbitrum Foundation, and we already started the process of coordinating with them to figure that out. Ultimately, the the situation is, we're going to look together at the very fine details of how this works. But the guideline is that we have a 5050, split with the the Arbitrum foundation on the benefits of of these agreements, and that is spending confirmation with the foundation. If the foundation were to say, actually what are Dao is proposing is completely unviable, then the program gets canceled and the funds return. Now we're not expecting that scenario, but just to have the safety mechanism for the DAO there, we added it. And that's primarily that's primarily it. If there is any extra questions or things like that. Let me know, almost forgot to mention, we also added a section updating on the results of the previous program, knowing that both programs are quite different. But if you want to go deeper into how the previous program went, what we have learned from that how this program is different, you can go to the FAQ section in the forum, and we have an in depth explanation. That's it for now. Let me know if you have any questions. If anybody has

any questions, we have about one minute for questions.

All right, I guess, not cool. So next up, we have myself and I do apologize to everyone we are not able to record the call. I just pinged Clifton and RAM to see if they could come in and try to record. But sin case and Chris off, if you guys could try to record, that'd be awesome. Other but either way, I am taking a screenshot of everyone who's here, sending it to see last time so they know, so they can make sure to give them bonus points for this. And we also have an auto recorder, so everyone should be able to get that cool. So I am next up starting the countdown cool.

Yeah, cool.

So this is on the designing and reporting information dissemination function. You guys should be able to see my screen in a moment. But in the meantime, whoops, but, but in the meantime, basically, what, what this is about, it's currently in the it's it's currently in the in the forum and and basically the overview of this is it's work that I have already been doing and designing and setting up. It's in it's a lot of the GRC calls and setting up reporting function overall. Basically, the DAO right now does not have, or previously the DAO did not have a reporting function. We just had sign of, kind of some like governance calls, and each each initiative was responsible for, for reporting in its in its own way. Now the problem with that is that, you know, if we have 420, 5 million expenditure, just to be clear, that's how much has been allocated, not how much has been spent, we we as a large and complicated organization, should be able to understand the status of all these things, where they're where they're going, how they're doing, and should be able to then you'd leverage that information to improve and kind of iterate from there. We are starting now to do that. So starting in August, I went through and took like based off what, what Christopher had done the first time, made a list of all the initiatives, because he never really had one, went through all the tallies to see their current status. Started to standardize some of the reporting of, okay, what questions are we asking? Put it onto a Google Doc. Realized that didn't work very well. Put it all into a notion. Started to follow up more consistently with with with these, with these initiatives, including, there was, like, some some tasks that came out of it, like we had to make sure that for the MSS, the event horizon, guys could remove their their MS, s, right, things like that. So basically this is setting up that that reporting, the reporting function. Now, to be clear, there is reporting and there's information dissemination. Reporting is just like in the way that I'm that lumin and I have been thinking about it from powerhouse and and basically reporting is just, hey, here's what's going on. The information dissemination is the marketing, it the letting everyone know within the DAO, etc, etc. The feedback we've got so far is that people want this to cost less and that people don't want to pay for the design of more things. So based on what, based on what happens, like the the next steps is, I'll have an open call tomorrow. We'll gather more information. I'll continue responding on the forum, but I'm going to iterate on proposal from the fifth to the 12th, and then go to snapshot from the 12th to the 19th, focusing more so on just what we have now, and not really designing everything new or like any anything new. And then, and then, kind of going from there, go ahead, Paula, I think we have two minutes left on

this. You said go to snapshot, but you mean go to on chain voting because it's already on snapshot.

Oh, well, I'm going to iterate on this proposal and go to snapshot again, because the feedback I've gotten so far from other people, sorry, should be more clear feedback I've gotten from from delegates and other people is like, even if it does passes, it's just not, it's not good enough for us to have agreement that this, this is what will work. So I still, I still appreciate everyone voting and providing feedback, because I would leverage that to to provide to create a better proposal. Any other questions? Go ahead. Christ, so

just to avoid confusion in the future, if that will be the case, as just make it clear, like, I've been working with Alex on this idea for some time, because originally, like, I wanted to have this reporting function in the DAO because we, I believe we need it. However, right now, what I told Alex already, right now, this proposal doesn't even resemble my original idea. So if, like, I'm happy to wait for Alex to, you know, figure out, like, how to make it work. But if at some point, like it is not what I had in mind, I will simply step in, and we may have two different proposals for the same thing. So just for clarity and to not confuse anyone in the future, if needed.

Yep, and, and, and this is something that Christopher and I spoke about. So this is where I was anticipating the DAO would want to do more of the design and setting up the reporting. And what we've realized is, no, let's just make it bare minimum. Just continue with doing what we're doing, and we can make small iterations, and we'll work on a little bit of documentation, so if it needs to get handed off, it will that should lower the cost, but it will also reduce what this function is able to do overall. So that's the, that's the that's the proposal. And if, if anybody has any other questions, I'm going to have an open call tomorrow. Going to have an open call tomorrow in the morning, and it's on the governance calendar. Other than that, that's my time. And you can drop any other questions in the chat, and then we'll and I'll answer them. Cool. Next up we have, i

Next up, we have the user research proposal. Danielo, if you're

there, yep. 10. Thank you. Let me pass it on to Daniel s from our team the other Daniel, yep, can you hear me? Daniel,

yeah, I can hear you. Can

you hear me? Yep, great, perfect. Thank you. Over to you. Sounds good.

Well, Daniel, you should have four minutes set a timer now, and I'll raise my hand when it's time to like what one minute left.

Wonderful. Hi everybody. It's the first time I'm on the call with some of you, but I have been working with Daniel research. Daniel recently to build out some additional research capacity for RnDAO in 2025 so we're really excited about this. We are currently proposing a research initiative to better understand the reasons that builders choose Arbitrum as their ecosystem. And there are a variety of different questions out there, kind of around this area, and we are proposing a project to generate deep insights about this. So essentially, there are a variety of theories about why people are choosing Arbitrum, but there's lack of clear understanding about user stories, motivations, needs, mental models that we believe is a threat to the future sustainability and expansion of the ecosystem. And so we're proposing to do in depth user research builders to support a variety of different Arbitrum initiatives and making the ecosystem bigger and more responsive to builders needs. So one of the things that we wanted to talk about is like, why is it important to have in depth understandings of users and user stories. And you know, there are lots of different types of research out there. There are things that we can get by reading and available materials online. There's information that we can get by surveying, but we think that there is a special type of insight that can be gained that's important for the growth of the ecosystem from really diving in deep to the stories that different people have. If you look at the history variety of different industries, there are lots of examples of this, whether it's, you know, many of us remember the early days of cell phones, where there was this push to make phones smaller and smaller and smaller. And Apple really innovated to figure out that actually, you know, at some point a phone can be too small, and maybe what people wanted was more functionality, not just a smaller phone. So these are the types of insights that we're interested in generating. The project that we're proposing will get at the challenges that builders have in their projects and their work, and how this drives their decision making. Stories about how builders actually learn about Arbitrum and eventually choose to build within the ecosystem, and illustrations of the mental models that builders have which dictate their choice for blockchain technologies and ecosystems. So we expect this will give guidance on features and support programs. Will enable Arbitrum to talk about builder personas and the different types of people that choose to build on the platform and could be building on the platform, and overall improve ROI efforts to evangelize and bring people to the ecosystem. So we have a variety of different notes here about our research goals. They kind of touch on the types of things that that I just discussed when it comes to a team. So I would be working as the project lead, but in collaboration with Drea from RnDAO and also Alex on this, who would work on stakeholder management, because I'm a bit newer to the ecosystem. We also plan on building out an advisory council which will help us make sure, I'll get to the question just a second, an advisory council that will help us make sure that the insights we generate will go directly into initiatives and support them. And we expect that there will be a variety of organizations that do user research in 2025 and we hope to collaborate on them, where synergies exist.

Yeah, Alex and Daniel, that's that's about time. Does anybody have any questions quickly, if so, you can drop them in the chat. There's Paul, you got, you got, you got 10 seconds. Go ahead.

Well, the question maybe requires more than 10 seconds, but it's about, what methods are you going to use to recruit the right people to be interviewed?

Yeah, that's a great question. We essentially have a variety of criteria that we want to look at so that we're getting a broad understanding of users. We understand that there are a variety of projects, whether it's infrastructure and tools or NFTs, and so we want to sample from each of those populations, in addition to looking at people who came to Arbitrum for different reasons, were they expanding the existing project or building something entirely new? So we have a set of criteria that we're going to look at to make sure we get a broad understanding, and then we have a variety of approaches to to actually finding the specific people within those criteria.

Awesome. Thanks so much. Daniel s and Paulo also there. I will call out. There's a call in a few hours for the user research work. It is on the governance calendar. And now we'll move on to quest book season three. Jojo, if there's, if you're there, two quick notes, JoJo, before you get started. This is for everyone. The the way we'll do this is you should have four minutes to like, like, like, like, about four minutes to talk with about 30 seconds left. I will raise my hand and make an emoji so you know that between 30 to 60 seconds left. So you need, you know, you need to wrap up, and then we have a buffer of one minute for everyone. So if there's a question here or there, people can ask it. Otherwise, please drop your questions in the chat, and the team should be able to answer them later on or in the forum post. Jojo, if you're there, you want to go ahead. Yeah. And Daniel, would you mind stop, to stop sharing your

screen? Well, I keep it short. I drop the link of the proposal in the chat. We're basically looking to renew the arbitrary run Season Four after season. What are the main difference? The main difference is the time we have been going through two seasons already, or six months each. We feel like it's it's time to just extend to one year, especially because every time there is a renewal, there are always gaps, right? And these gaps are kinda deterior We can see, for example, into the Bucha in which everybody and their grandma is suggesting to go to the program. But the program is currently in our life, right? So, one year program, four domains. These are the same domains that we knew we have been working with the Arbitrum Foundation and off chain labs to have a more vertical approach. But does it mean that for gaming, for example, it will be mostly oriented toward the user acquisition of web two users, okay? For the dev tooling, there will be some fine tuning, first into styles and second on telegram tooling, which is something that we lack in in our ecosystem, and for the event, a better coordination with the Aboriginal foundation marketing and event team to basically, you know, being able to leverage side events and events that are targeted by foundation through our program. There is we're going to go to the vote in today's okay? The vote will be renew the program with four domains, or renew the program with five domains, or go against what is the fifth domain? The fifth domain is the orbit one, knowing that this domain is experimental and that the world Dao is still looking to understand what is the right direction this domain, if voted, Will devocation of the others. Every domain will have 1.5 million in budget, and the RB one will Dev. So this will be the the two main option is snapshot. And after that, we will have an extended candidacy period, extended because, effectively, due to the Christmas post, we can't have election, okay, before Christmas, so it just makes sense to have an extended candidacy period and the election at the beginning of new year, around the sixth or seventh of January. I don't remember the process date, but it's written the proposal, and then we're going to go to tally any question.

So we we about two minutes left. Uh, JoJo, but the one question I didn't have is, why do we need an events budget? Why do we need an events quest book, if we already have an events budget that passed tally?

Oh, sorry. The the domain is education, community and events, right? So it covers a broad scope. We can have material, the real material being created. We can have obviously physical events that are mostly, you know, minor events. This is, I think this is more complementary to the event budget and to the stuff that the arbitral Foundation does, because effectively, with 50k you can do up to certain things, right? You can, you can do events like the Arbi work that we saw in Bangkok, for example. Still, it can still make sense to penetrate certain key markets, okay, as allowed by the the foundation, even with this type of events, Matthew, please,

more of a flag than a question. But just wanted to mention that we are doing like a little deep dive into the quest book domain allocations that have occurred thus far. So just so it's on people's radars,

yes, entropy will present a deep dive on some of the proposals that were approved to show results. Because effectively, one of the gap that we had is that we don't have a follow up to understand our projects are doing. And they took the burden task, and I thank you then for this to highlight some of these results which will be available, if not before snapshot, surely before call that is that is important. Okay? Alex, yep,

yep, that is it for that one. If anybody has any other questions, please drop them the chat so we can keep moving. Now we have the next one up that we have, I believe, is the stylist one or the the artificial intelligence on stylus, ox, redacted, if, if you're here, i

Hello, Hello, can you hear me?

Yep, we can hear you. Go ahead.

Oh, cool, good. Oh, so thanks. Thanks. Thanks. Thanks for giving me this opportunity to talk about this proposal. It's something that came up. I came up with less than actually a month ago. Been thinking about it still here, so then I brought it to the a bit of Dao, yeah. So entirely, what you want to do is just build a framework where anybody can build any like an a model like, let's say, for example, currently in the web two space, you have the Lama models, where you can just spin up a learner mode model on your local machine and digital so just kind of the similar thing, where we just create a framework where you can build, now the models now on top of publish on chain now, yeah, it's something that we actually researching it, because it's Not something else really existing. You know, the existing you know, the existing implementations for building actually AI model function are still on their initial phases, actually here. So even in my free time this day, I just like, think about the right architecture, maybe thinking of spinning up an orbit chain and support stance on these and stuff. Yeah. So it's entirely research thing that I just want to get into great and

I think we have a couple of minutes left. Does anybody have any questions? If not, I have one that I've seen a lot in the forum, yeah. So So redacted. One that we've seen a lot in the forum is, why doesn't this fall under the stylus grant? Or why can't you apply to start the stylus fund for this?

Okay, actually, yeah. I mean the stylus grant, I have seen it. But then also looking at they, they saying, like, for large amounts, maybe they'll be following people to the DAO to get money directly from the Dao. So, like, I just say, maybe, let me just come from the DAO and maybe also see the community's idea. Like, you know, get feedback from the community about such an initiative through,

okay, but actually the main one that was being asked in the group was about the using the AI Trailblazer grant, which actually was laser For the best result for this initiative.

Okay, any other any other question.

Quick question, Alex, I haven't dove deep into this proposal, but redacted. Are you looking for funding for like, support, developer support for this, is this what this program is, or are you looking to fund an actual orbit chain to support AI models.

We are looking for funding just to bring this product that we have to life. I mean, not really like for orbit chain. I just mentioned like orbit chain in the sense that maybe once we get into building this might come some, some limitations with working, maybe the Arbitrum one layer two. So, like, maybe you might consider having, like an orbit chain, because it's entirely like a research initiative, I mean, because, you know, with the obit chain, I get to define your own gas fees and everything. Yeah, that's what I mean. But we are really looking just for the money to develop this and bring this to life.

Got it. Okay. Well, I'll take a deeper look at this. Thanks for Thanks for raising it here, and maybe follow up with more questions. Don't take time real quick from the stylist sprint side. I think this I also need to do like a full read through. But I think it would make sense to apply first to the stylist sprint, get feedback from the committee there and then, once that feedback period is over, we'll, you know, if it's a large request, we'll send those proposals to the DAO following following that full application process. So just like looking skimming through it, I think that would be the better Avenue, rather than going to the DAO directly at this time.

Okay, cool, bro. Can Can redacted reach out to you, or, yeah, feel

free to reach out to me. I'll drop my telegram in the chat, and we can just talk async.

Yeah, sure. How can I reach you?

I'll drop my telegram right now in the chat, and it's call Awesome. All right, guys. So just to continue moving on the next one we have is I actually skipped around and got messed up. But the next one that we have is the ARDC v2 and they're specifically on this call because they have elections going to snapshot, I think, either today or the next couple days. So that's why they're on this call as a proposal, in addition to the GRC call commutable lawyer, if you are there.

Hey, Alex, the proposal amendment period concluded yesterday as communicated in both the ARDC channels on telegram and on the forum, have updated the timeline to begin the snapshot collections for service providers and the supervisor Council this Thursday, before it was Tuesday and conformity with Dao rules. And this has also been updated on notion, which includes other materials, such as the recordings carried out from the individual and group interviews and presentations, hourly rates and the summary referred by James I also included within the notion, which will be helpful to delegates before they vote. The Arbitrum Foundation also posted a list of recommendations across all three verticals that elected ARDC members and the super binary Council could consider, which we recommend, going over some additional updates to keep in mind, include the fact that Juan RA has teamed up with Alex for the communications role, who will be serving As his body and mentor to support him fulfilling his duties. Elected and also entropy have teamed up with Tamara for the operations role, whereby they will be supporting her by acting as the DAO representatives performing there. This is workload and strategic direction, and also important to know that they will not be receiving any further payment for their portion of work. And this was a recommendation by L to be to which was the former Dao advocate. In conclusion, the snapshot member election period will continue until the 13th of December, 11:59pm UTC. If anyone has any questions, feel free to reach out. So Paolo, do you want any other question?

I just wanted to ask a little clarification on how the election is going to go for the operations role, supervisor Council. Now that's only, there's only one applicant.

I mean, we also have this sort of scenario happened in v1 where, for risk, for example, you only have chaos, so it will be elect or don't elect. It will basically just be that. So it won't be like different choices. But since entropy and tomorrow have parted up, it will just be, do you want to elect tomorrow and entropy, or do you not want to elect them? So that will basically be the vote there. There'll

be one snapshot just for that. That's

what you mean. Yeah, yeah, actually. Correction, sorry, I don't want to mislead people. For the supervisor, the council, it will be one list of all the applicants, and then, based on where you classify in the classification of the voting, you will be elected. So for for example, for communications, there are, I think, eight applicants, so the top two of communications and the ranking will be elected. And then for operations, Kamara and the entropy, obviously will be in the classification as

well. What's the voting methodology they're going to use for

that weighted voting? And also shutter, okay, also minor update, we're coordinating with the Arbitrum Foundation to switch on the shutter setting. Thanks a lot to entropy, to Paolo as well, for reaching out, to point out as well. So right now, we're actually finishing up a full Google Doc with all the tags that will be there. Now we have the benefit of having 40k plus characters, so we'll put as much information on there, as much as possible on this network vote as well. But like one last point we throw or anything with the foundation to put on shutter to then post our elections, and then for them to switch it off as well.

Thank you. Awesome. So that's the end of that. Just dropped a note. Whatever you guys think is best. My My only ask is just try to find a way of like, where to place the information. We can talk about this offline, where to place the information so that everyone knows. Maybe it's all in the snapshot, and that's fine. But just, I know people have been asking questions about about ARDC, how it works, and even these sorts of things. How can we make it easier for people to get all that, all that information? We can talk about that offline. Talk about that offline, about disseminate that information. Thanks, Joseph, thank you. We now we have the notable proposal discussions. Lino, if you're there, we're just we'll have four minutes for Arbitrum ventures, and we'll have a minute buffet. I think we are still tracking on time. Go ahead. Lino,

everybody. Thanks. Thanks, Alex, we here to discuss the phase two of Arbitrum. The Arbitrum Ventures initiative proposal that we put on the forum on Friday. This is a draft of a directional snapshot that would help us kind of converge on some form of next steps for Avi on this slide, in order for you to understand kind of where this fits, you need to understand a little bit of the background of the whole program. I'm not going to go over this is just for information here, but important bits are at the moment we are executing the AVA pilot phase, which started in late August, and this proposal is a core deliverable of that pilot. And there are a number of other ones which will update more in more detail during the DRC tomorrow. But QDR, we are creating a new forum category, or so category, where we'll put a series of posts at the InterLink and we're covering the branch of those proposals. Over the next days in December, this direction of snapshot that we've written refers to an idea of or an intention to create an interim investment capacity or facility of five to $15 million but it's not being described or analyze, or kind of proposed a specific approach to in this document that will be a separate snapshot before this all goes to tally, most likely the current proposal. What it covers, essentially, it asks for budget and appointment of Firestarter to facilitate the creation of the cap co over up to one year period, or exactly one year period that we might kind of transition to different modes of operations to make feasible. And what the creation of the cap co would enable is essentially allowing us to run very modular programs within a firm in a box structure, or from the front, or creating some kind of a fundamental approach that would enable us to kind of be a lot more mature in how we handle things like, for example, the the RN Dao hack down continuation proposal, or a number of other things that have come to the DAO, of which we have more than 10 cases recently. Essentially, what we're seeing is that, at the moment, there isn't a huge appetite to make very big investment commitments, but there's quite a lot of interest to try a number of small things, and we would be able to facilitate them better in the structure and connect with different Dao strategies, initiatives and so on. The second bit, which I want to put special emphasis on, is the creation of the interim expert council. So this is not the long term oversight structure of the capital or the venture front and so on that will ultimately meet. And we kind of figured that there's a lot of dead logs in terms of how that needs to be created, stood up, and there's dependency on a bunch of other work streams. It's just an interim structure that allows us to essentially stand up the cap CO and it might or might not have role in the deployment of the interim investment facility. Most likely it would have some role. And then the third aspect is advanced, having this capacity and appointed full time people to work on that, we can also provide a counterparty to kind of working groups working at output, treasury management, different aperture and foundation programs, like what's happening with AI grants at the moment, with participants in a way that, thanks Alex, wrapping up in a way that would help the design going forward. And why do you think we think it's important to address this now, even though the pilot is still ongoing, we've seen over 10 different initiatives relate to investments in the last year. We want to be able to handle them in a better way, and clearly more of them are going to tally. We made a lot of progress during DevCon and creating some alignment and coverage and delegates, and we want to bring that to the forum and kind of get a sense whether we figured out an approach going forward and get convergence on that, otherwise we might dead lock and spin wheels longer. And also, I want to point out that we realized that kind of the text we've written at the moment is not highly ready, but getting a directional sense would, and maybe the other some sort of dimension would help us refocus and kind of, as I said, converge around how exactly to put this totally in the new year. So in terms of next steps,

the Oh yeah, we're just, we're just wrapping up.

No wrapping up. If everything goes well, we could put this for vote on 12th of December, so we can work until the reopening New Year, and we want to run office hours on the 16th of December. That's it for me. Thanks. Alex, Matt, you

want to go ahead and ask a quick question? Yeah, I'll

be quick. I'm just curious if this is replacing the deliverables associated with the original proposal. If I remember correctly, it was a ecosystem report, a thesis, and, you know, a proposal to basically set up the cap CO was the original deliverables associated with the $200,000 proposal passed, I don't know, some six months ago, or something like that. So this, like replacing that initial proposal, or, kind of, what's the, yeah, what's the status? No,

this was part so this, having a proposal for the next phase, whatever that might end up being, is one of deliverables, and the other ones, they are in the pipeline. Kind of what. What changed a little bit is that, as mentioned, we agreed with the foundation to create a subcategory and create a series of smaller posts covering a lot of topics, because we found it a little bit difficult to find a good way to communicate some of the findings. So rather than a lengthy report is going to be like 510, different posts in a category, that's what we're thinking about at the moment, which might end up summarizing some report later on. But we released two short posts today, and there's a few more coming in in the next weeks, in December. Thanks

so much Lino and just based on the number of questions you've got on the forum post and all this stuff, I'd encourage you to maybe have office hours sooner than the 16th, because I think people will try to come and ask you guys a bunch of questions might not have to show all those revolts. So what we got next is a shoot the partner with eth Bucharest, 2025 if you are there, if you I'm

here. Hi, cool and and

I'll get you know, and I'll give you four minutes, and then I'll raise my hand when it's kind of time to

stop. Go ahead, right? So, GM, everybody, unfortunately, I don't have a presentation to put up the screen, but what I'll do, I'll put like, the proposal link in the chat so that everyone can have a look at it. My name is octave, and I represent I'm one of the co founders of Ethereum, Bucharest, and I'm here to talk to you today about our proposal where we want to involve Arbitrum With eth. Bucharest, 2025, and before going into that, I just want to lay down like the context. So we had our first edition this year in 2024 in March. It was a very successful edition. We had over 1100 participants, 100 hackers, 50k in prizes, nine side events, 80 speakers. And the list can go on. You can find more details in the recap of what happened this year in the proposal. I also want to thank Joe and 08 for being there in 2024 and successfully representing Arbitrum Dao. We are very honored to have them there. And then what we what we did lately, also, was we organized the first area life hackathon for stylus, and that happened in the beginning of November. So we are very fond of Arbitrum ecosystem, and we want to develop this long term relationship and partnership with Arbitrum for Romania and also Eastern Europe. And how we want to do that is by the point of this proposal where we want to give Arbitrum a spotlight representation during the next year's main event, and how we want to do that. Also, very shortly, we want to offer, like a main partner package, which will give prime visibility and awareness during the event. We also want to involve Arbitrum specific bounties, and this can be on a various of tech stacks, being or being stylus, which probably will be the main one, because this is what's being pushed at the moment. And also we want to evolve with the open track. Which open track is our way of onboarding people into the EVM ecosystem, and not necessarily only developers, but also people with different other skills. That's why the open track involves business plan element next to the thematic of real life utility. So this is the main what the proposal is about, and it's a continuation of our road with Arbitrum and reading through the through the comments that everyone left. And I'm very thankful to everyone that took from their time to read the proposal and leave their feedback. The consensus will be that we should actually look at the pricing and wait for the quest book proposal to pass, and then go through that and we are reviewing the what's possible. At the moment, we understood that the add ons that we were that were placed in the in the initial proposal, like the one with the VIP area and the and the speakers dinners, are not that valuable, seen as valuable by the DAO representatives, and we accept that, however, we have lately worked on another part that we would like to include in this proposal, and that will still make the proposal like bigger than 50k So still going through this channel, and that's a sort of activation we want to do with Arbitrum and pop, where we create this support passport and everything. And this is an alpha that I put here is just that we might be able to have pops on Arbitrum, but I'm not allowed to say that as a secure thing at the moment. And I know that people should ask me questions, but I have a question here, like, because there are a lot of delegates in this call we are sent to apply for the quest book program. But since the latest development, that will be push and it would probably be approved somewhere mid February or end of February, which is makes it too late for doing proper preparations for Arbitrum presence at Bucharest 2025, so I will leave you with one question, someone can you know enlighten me, what will be the best way in this, in this situation?

And just to quickly wrap it up, maybe if Pruitt or someone from actually could speak because correct, if I'm wrong, you guys, but they could also apply to the events budget, correct, or maybe you guys could connect offline.

Yeah, like, as I kind of left a comment about a week ago, so, like, it is within the scope of the events proposal that was passed. So, you know, it's ultimately up to the DAO if they, you know, if they want to fund this event, we put out the recommendation of them going through quest book as well. Just because, I think when we designed the proposal, request of what, like, yes, the request of like, 60, 70k, fits the requirements, but I think we kind of had envisioned things similar to Gov hack that were a little bit larger in person, like Barbara specific events and just routing it through quest book would have probably funded quicker. But I understand timelines only match like always match up. So if that's not the case, and you know, they can push it through to a snapshot to get his opinions, but like entropy and the ADPC are, aren't the decision makers in this case,

right? Thank you so much for and also sorry that I replied so late to the comments, but I moved this past week, so apologies for that.

Okay, you feel good on your next steps, and you can reach out to somebody if you're unsure where to go.

Next, right? Cool, yeah. Oh, good. All right.

Next one we have the Arbitrum hub evolution by ox builder, or, I think, also Black Panther. Yeah, go ahead, sir.

So can you allow me to share the screen? Oh, okay, I can share. I think so. First of all, good morning everyone, and thank you so much, Alex for the invite to discuss our proposal. So little intro, like I'm pish, the creator of arbitrub.io and I'm presenting the new proposal that we have proposed to the firm. A little history about this proposal is that, like we proposed the same proposal back in, I think June, where we had some good, positive feedbacks from the delegates with concerns around budgets, KPIs and SOPs, considering all the feedbacks throughout the past few months, verifying the proposal and the strategy around the Arbitrum hub.io, platform, and in this proposal, we have tried our best to define like how, what are the uses of our vision hub with Proper key performance indicators standard operating procedures, like how the information should be flowing to the hub from multiple sources, how it should be approved if there are some issues with the informations, how it should be verified with the program managers, but proper feedback mechanism in place, and the success metrics as well, like there were Some questions about, like how to track the user growth in terms of the hub and how it can be transparent to everyone. We also created this analytics dashboard, which is basically a local studio, which gives an high level overview of the analytics about from hub uses in different countries. And then also, we also try to define the proper budgets, considering the fact that we had the comments in the last proposal around some budget issues. And here we try to defend like, what roles to be required to fulfill this. And the good thing about the platform is it's also open source, so we are also considering that it remains future proof throughout the existence of Dao. And it can always, it can always be, it can always be, keep on enhancing on the needs of the DAO, whether it's related to the events, new initiatives, or whatever. So that's all. And the second thing is, like, I just want to define two use cases, little, two seconds, so two use cases that we can get from this call itself. Like, for example, we can see, like, Dan is asking about, where can we find the posts related to the AVA. So we have the ABI hub on the hub itself, arbitrary hub itself, where it gives, what is Arbitrum Venture initiative with forum links, what it is doing. What is pilot phase? Learn more, give, takes them to the forum where they proposed the things and then upcoming key deliverables, monthly updates. With the team, how the users, or anyone can get involved with the AVA team. What are the FAQs around the API? The second use case can be related to the ARDC. For example, Alex asked, I mean, Alex asked the member from ARDC to comment things about the work that they are doing in ARDC. So this could be shared, which gives a high level of overview of what the ERC is doing. So this is just a piece of cake. We also have the community, where we define the all the community needs, like Ambassador highlights, what they are doing, the grants, developer, work hub, working groups, and so, yeah, that's the proposal that we have proposed. If any of them have any questions, they can ask

any questions.

Bolt Panther, I'm having a reporting call, like an open governance call on the reporting I'd love to have you there. We can kind of talk through more of how there's overlap. I will say is, I do think that there is a bigger problem of information dissemination within the DAO that your yourself is tackling. I'm tackling some way foundations tackling Paulo puzzles, app, many other people are struggling with, and my personal take is that we just need to do some better definition around what the problem actually is and how we can best solve it. But I'm happy to speak to you more about that in a separate call. And I'd also encourage yourself to have your own governance call so people can come and ask questions to talk about

it. Yeah, yeah. We'll be hosting that very soon. Yeah.

Cool. Reach out. Reach out when you need me to schedule it, and then I

just want to say yeah. I just want to say one thing, like during the initial development of the abstract hub, we also would like to thank deception Joe, who supported us with a grant from Thrive protocol while building this platform in the initial days and after that, like we continued this platform enhancements on our own with our own resources. So yeah, a big fan to disrupt San Jo for starting out and supporting us during the initial days of its formation. Thank

you. Appreciate you so so now we have Christ off with a quick update on the on the incentives detox, and then if we have a couple of minutes entropy, if you guys have something to share, otherwise, you guys can just push towards your call in 15 minutes. And we'll just do some brief highlights of, like a lightning round. Go ahead. Christoph,

yeah, I will be very quick around the topic of, I, like, actually don't have any proposal at this point to to discuss, but I'm having a request for proposals because the current current status of the detox polls is that we are done evaluating, like, What was what has happened before, what was done in step, state bridge and l AP and STIP back fund. Yeah, so, and at this point, we are exploring what are the possible desired design structures and processes for the Future program. We already had camel from patterns last week presenting their view on what what kind of incentive program they would be able to run. We have some, some other parties lined up to be to present their own ideas in the future. Unfortunately, all of them are delaying the moment when they want to present. So I hope that they will present tomorrow, but all of them told me that maybe next week. So hope, like I still don't know if tomorrow we'll have the call or if we'll cancel it. Maybe I will be just presenting like my expectations of what the what the program should be, and next week, for sure, we will have some parties presenting their desired designs. So what I wanted to do here is just like call request for proposals. If you have any thoughts on how the future incentive program should look like, what? What kind of incentive program should we run? What? What API should be? Should we be optimizing for? Then feel free to reach out to me, and you know you will get the space and time to present these calls. Yeah, that's it. See you tomorrow or next week. Thank you. Awesome. Thanks. Christoph,

so now for entropy, I'll just, I'll just point out that they still have two discussions in the in the forum the OpCo and the treasury management, which treasury management is going to move to snapshot on the on the fifth at least, that's what the post previously. You guys can also check out the recording of the call in the in their forum post. And I just dropped the link to that here. Additionally, just a couple of quick updates of our lighting ground. One is that wake up labs, who was a previously funded initiative, they posted they're live on Mainnet with their front end interface to force transaction inclusion during the sequence or downtime. You guys can check them out for any the marketing people like zero there they are asking for support in terms of marketing that remarket, that remarket, that maybe entropy can also help out. Additionally, for those who you guys didn't, who did not see, there is an AI trail blazer, 1 million, 1 million grant from foundation. I think it's up to 10, 10,000 but you guys can take a look at the link, and right there, it's, it's basically a grant for up to 10,000 and it's, it's almost like a mini quest book for AI and agents and all those sort of sort of things done by the Foundation. There also will be a holiday break starting the 20th to the sixth and and that means that all proposals should be there should be no live proposals during that time, meaning not on tally, not on not on snapshot, and they should be done by then. Additionally, we had a few moments in the past few weeks that necessitated Pruitt to not put anybody in time out, but to remind people that there is a code of conduct. And prud, if you could drop the link to the code of conduct, that'd be helpful, and just a reminder to check those out and to familiarize yourself with how we are expected to act as a Dao, and this is a social agreement, to be clear. Lastly, the delegate incentive program, there have been some questions on how it works, because now the new version is coming out, starting November. I posted a few screenshots that are important for people to understand how the delegate incentive program is working. I've also communicated with with the delegate incentive program. And Jana Luca can talk more about this, but they're working on a Bible to explain how everything works. And I have asked them to create, like, almost an FAQ place so people have a better sense of kind of how it all works. For now, I'll just say, if you guys have questions on how the delegate center program works, drop it into the telegram chat or play or drop a response in this forum post, and that's it. If anybody else, if anybody has anything urgent, please drop it in the chat in the last minute before we leave. Otherwise there'll be the end of call and I will post an update on with the auto recording, and in the next 24 to 48 hours, anything urgent? All right, I guess that is I'll say on. I'll stay on for another couple minutes. If anybody has any other questions or thoughts, go ahead and raise your hand, and everyone else can leave if they need to

cool entropy. Since we have an extra minute, did you guys want to go quickly in your OpCo and and in the in the treasury management. You guys good.

Just one update on treasury management. So the funds are going to be transferred to a foundation, controlled address that they designated, and then they're going to split it into two separate wallets. I just wanted to flag that, just in case anyone saw it on tally and Liz concerned for any reason. But other than that, if anyone has any other questions, we do have office hours in 15 minutes, and happy to field them. There.

Cool. Thanks, guys, that's it. And please reach out if you guys have things that you want, if you have feedback on how this open discussions call went, happy to iterate on this. And I guess actually the last question I will ask, there have been some thoughts around creating, like, a on the other week, creating more of an announcements, or just kind of an up to date of like, what's happening in the Dao. If you're interested, if you think that's worthwhile, please reach out to me or give me a thumbs up. And we can, we can figure out how to make this more consistent, to make the information dissemination easier for the Dao. Other than that. Thanks so much. Talk to you guys later.

You