RFC - Abracadabra DAO votes for week 17/02 - 21/02:
Summary:
This proposal asks AbracadabraDAO to engage in the ArbitrumDAO votes for this week. ArbitrumDAO has a weekly voting cycle, ending every Thurday. The votes for this week are:
- Arbitrum D.A.O. (Domain Allocator Offerings) Grant Program - Season 3
- Arbitrum Growth Circles Event Proposal
In the following section, I will present a short summary, why should AbracadabraDAO vote in the topic, and a voting direction suggestion.
Motivation
I am a delegate on ArbitrumDAO and I understand how time-consuming governance processes can be, as they are not limited to forum posts, but also several calls where the proposals are discussed. Sometimes, this is overwhelming for protocols contributors/community, so the engagement is not that high. However, every week are discussed/voted topics that has a direct impact in the protocols that are part of Arbitrum Ecosystem. For this reason, I present this week’s votes for the community appreciation, as I believe it is important that AbracadabraDAO to be part of those decisions.
This is the onchain vote for Season 3 of this Grant Program. As a reminder, the AbracadabraDAO voted for Saurabh for one of the DA positions.
Voting direction suggestion:
FOR: The introduction of new protocols, supported by this grant program, can be beneficial to the whole ecosystem and for Abracadabra protocol as well, as they could use Abra, their tokens being part of cauldrons or the DAO could invest in them.
This proposal request $67.2k USD for a series of 7 bi-weekly events over three months, aimed at fostering a self-sustaining support system within the Arbitrum community. The events are designed to empower early-stage and high-growth protocols by providing a platform for knowledge sharing, networking, and peer-led support. The initiative seeks to enhance the Arbitrum ecosystem by promoting community-driven problem-solving and leadership.
Voting direction suggestion:
AGAINST: Despite the idea being relevant, there are 3 things that make difficult to vote FOR in this proposal in the current form:
- ETH Denver starts only 3 days after the end of the snapshot vote and the proposal would likely need to go through an on-chain vote too (so the timing is not good).
- The budget itself could be lowered, and the DAO could leverage the Arbitrum D.A.O. (Domain Allocator Offerings) Grant Program and have a proper overview of the milestones, ensuring the execution of the items proposed.
- There is no clarity on whom the experts leading the panel will be, and if their support is secured at this point. As the event relies on them heavily, it makes little sense to approve the event without knowing who they will be.
Arbitrum Voting
Arbitrum Votes for those 2 topics will end February 20th.
If the proposal were to pass, Abracadabra would be voting following the voting direction suggestions proposed here.