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TL;DR:
Creedanew has countered Tnorm's Incentive Program for the Arbitrum network, arguing it may favor established projects and limit diversity. To address this, Creedanew proposes an 'Innovation Grant' or 'Underdog Fund' within the program, emphasizing transparency, detailed planning, technical audits, and advisory roles to foster inclusivity and buffer against market volatility.
This discussion revolves around a counter-proposal made by Creedanew to Tnorm's Incentive Program for the Arbitrum network. The original proposal, as per Creedanew, may favor well-established projects and overlook smaller, innovative initiatives. The concerns raised include the potential for the Arbitrum network to become an exclusive club, with high barriers to entry that could stifle innovation and limit diversity. To address these issues, Creedanew suggests the introduction of an 'Innovation Grant' or 'Underdog Fund' within the existing Incentive Program framework. This approach aims to ensure a diverse and inclusive platform, and offer a buffer against market volatility. The proposed implementation includes requiring detailed project plans, mandating transparency, conducting technical audits, and assigning advisory roles.
The community has initiated a vote to gauge agreement with either Creedanew's argument or Tnorm's proposal. This indicates that the community is actively engaged in the discussion and is taking steps to reach a consensus.
The counter-proposal by Creedanew is a positive development as it aims to ensure a diverse and inclusive platform. It also proposes to offer a buffer against market volatility. The introduction of an 'Innovation Grant' or 'Underdog Fund' could potentially encourage smaller, innovative initiatives and prevent the Arbitrum network from becoming an exclusive club. The proposed implementation also emphasizes transparency, detailed project planning, technical audits, and advisory roles, which could lead to better governance and accountability.
The concerns raised by Creedanew suggest that the original proposal by Tnorm may favor well-established projects and overlook smaller ones. This could potentially lead to the Arbitrum network becoming an exclusive club, with high barriers to entry that could stifle innovation and limit diversity. If these concerns are valid, it could negatively impact the overall health and growth of the network.
Posted 3 months ago
Last reply 3 months ago
Summary updated 25 days ago
Last updated 04/12 00:19