RFC - Abracadabra DAO votes for week 17/03 - 21/03:

[RFC] Requests For Comment
1

RFC - Abracadabra DAO votes for week 10/03 - 14/03:

OBS: No vote will end this week.

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:

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 have a direct impact in the protocols that are part of the 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 proposal covers 2 actions - the adoption of Timeboost and a Nova Fee Sweep action.

  • Timeboost introduces a new transaction ordering policy for Arbitrum One and Nova. Timeboost enables auctions for the rights to an express lane on both Arbitrum One and Nova, giving the winner a time advantage for tx inclusion. Bid proceeds in ETH will be sent to the DAO Treasury.
  • The Nova Fee Sweep action will forward historical transaction fees to the ArbitrumDAO Treasury, a task leftover from the Nova Fee Router Proposal.
  • The exact timestamp of the proposed rollout of Arbitrum One and Arbitrum Nova is estimated to be done within 5 business days after the vote gets executed (assuming it passes).

Voting direction suggestion:

FOR: Timeboost make Arbitrum more competitive and the Fee Sweep will reinforce the DAO’s treasury.

The Arbitrum Foundation is requesting 30M ARB to run an ongoing open application for 1 year to support projects that require a subsidy to audit their project.

  • A list of auditors will be approved into the program.
  • Arbitrum Audit Committee will include membership of Arbitrum Foundation, Offchain Labs, a technical expert elected by the DAO, and a team member from the OpCo (when operational).
  • To be eligible for the program, projects will need to satisfy certain requirements such as launching on Arbitrum and any code audited will need to remain exclusive to Arbitrum for a fixed period of time.

Voting direction suggestion:

FOR: The ecosystem will benefit from the program, and AbracadabraDAO could apply for it if deciding to have a specific product for Arbitrum.
Another way of this could benefit Abracadabra is with integrations from protocols that are supported by this program.

This proposal by the Onboarding Working Group (WG) aims to run a selective training program designed to onboard high-quality governance contributors to Arbitrum with $172K.

  • Key components include a series of workshops led by high-context DAO stakeholders, hands-on exercises, and dedicated office hours hosted by the WG to provide a personal, high-touch experience for participants.
  • Participants who successfully graduate will be matched with an Arbitrum protocol or service provider to support their governance needs.

FOR: This will help to improve the DAO’s governance. Abracadabra DAO could benefit from the program if it chooses to onboard one of the participants.

Next steps

If this RFC becomes an AIP and pass, Abracadabra would be voting following the direction suggestion proposed here.

As I recognise that this is a cadence too high for AbracadabraDAO governance cycle, as an alternative, I suggested a few items that would help to reduce the governance overhead.