SAIP #33.1: Voting discretion on LTIP with treasury ARB

SAIP #33.1: Voting discretion on LTIP with treasury ARB

Tl;dr Grant the treasury multisig ability to vote with the treasury ARB on partners and promising projects alike, without the need of individual votes in the context of the Arbitrum DAO the Long Term Incentives Program (LTIP), mimicking the setup outlined in SAIP #33

Introduction

Over the last weeks, a very important proposal is being discussed by the Arbitrum DAO the Long Term Incentives Program (LTIP). The Abracadabra DAO voted yes for it on both, Snapshot and Tally, thanks to AIP #29, and it is now time for the DAO to do its part and decide on the votings for individual projects LTIPs.

It is therefore unrealistic to create 80 or more individual votes on the DAO snapshot page and ask SPELL holders to educate themselves and vote on each and every single one of them.

Nevertheless, it remains crucial to ensure that Abracadabra effectively serves its duty as an Arbitrum Delegate and actively participates in the LTIP voting process.

Over recent days and weeks, core contributors of the DAO have invested substantial effort in preparing for this vote and are ready to take on this task on behalf of the DAO.

We are well-prepared to offer informed feedback and votes on numerous proposals, benefitting both ecosystem partners and promising projects.

Proposal

This proposal aims to enable the Treasury multisig to vote, on the behalf of the DAO, on both Snapshot and Tally, without the necessity for individual votes on each proposal.

Votes will be carried out by the Treasury multisig, leveraging the research and connections established by core contributors in recent weeks.

This will be only possible for the LTIP votes, similar setups for other proposals would require further AIPs and approval by governance.

Voting

The LTIP is already live on Snapshot It therefore requires a speedlaned AIP as described by our governance framework.

Snapshot voting for this proposal is already live, and will last 24 hours, allowing the Abracadabra DAO to cast its vote as soon as the Snapshot is concluded.

Snapshot vote can be found here.