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The Arbitrum community is debating a proposal to reward early contributors, known as "Arbiters," with 500,000 $ARB tokens for their work from 2021 to 2023, but faces mixed reactions due to concerns over reward distribution and transparency. While some members support the recognition of contributions, others vote against the proposal or abstain, seeking more details and suggesting amendments for a fairer and more sustainable reward system.
The community is discussing a proposal to reward early contributors, known as "Arbiters," for their efforts in various activities such as translation, promotion, event organization, community guidance, and safety assurance from 2021 to 2023. The proposal suggests allocating 500,000 $ARB tokens, which is 0.005% of the total supply, to 24 Arbiters. The intent is to acknowledge past contributions, demonstrate the spirit of collaboration and decentralization, establish a fair reward mechanism, and encourage ongoing participation in the Arbitrum ecosystem.
The community's reaction is mixed. There is a consensus on the importance of recognizing and rewarding Arbiters for their contributions. However, concerns persist regarding the equitable distribution of rewards, the inclusion of contributors from various platforms, the need for transparent metrics, and the expansion of beneficiaries to include more unsung heroes. Some members have voted against the proposal, seeking further details on the contributions of the Arbiters, a justification for the reward amounts, and suggesting that the proposed amount is too high. Others have abstained, looking for more context on the responsibilities of Arbiters and advocating for a sustainable program for future contributions.
Plutus70 and Krst72 have voted against the current proposal, citing concerns about the arbitrariness of the requested amounts and the lack of a comprehensive list of contributions. They support rewarding contributors but call for significant amendments to the proposal.
Mysterymen71 has provided additional information on contributions and arbiters' details in response to the concerns raised, acknowledging that the data is incomplete but represents what they could recollect. They have expressed gratitude for the support from DAO representatives and have updated the original proposal with this new information.
Treasure DAO’s Arbitrum Representative Council (ARC)75 and L2BEAT's governance team72 have announced they will vote AGAINST the proposal on Tally, citing similar concerns to those raised by other delegates and emphasizing the need for a more acceptable form of the proposal.
Posted 2 months ago
Last reply 2 days ago
Summary updated 2 days ago
Last updated 04/12 00:18