What is this about?

The discussion is centered around a proposal by Kohshiba to extend the functionality and accessibility of the INSURE token, the governance token of InsureDAO. The proposal involves registering the INSURE token on the Arbitrum token bridge gateway, which is currently only operational on the Ethereum mainnet. The goal is to improve the liquidity, accessibility, and utility of the INSURE token. The proposal also includes the initiation of a mining program on the Arbitrum network. The implementation will follow the specification of the Arbitrum custom gateway and will commence once the proposal is approved. It's important to note that no cost is associated with this proposal¹. Fred has added that the token bridge smart contracts are controlled by the Arbitrum DAO's upgrade executor, and a governance action is required to unblock certain tokens².

How is the community reacting?

The community reaction to this proposal is not included in the summaries provided.

Why this is positive?

The proposal is positive as it aims to enhance the liquidity, accessibility, and utility of the INSURE token. This could potentially attract more users and investors to the platform, thereby increasing its value. Additionally, the proposed developments could boost liquidity and augment safety on the Arbitrum network. Furthermore, the implementation of the proposal comes at no cost, making it a potentially beneficial move for all parties involved¹.

Why this is negative?

The negative aspects of this proposal are not included in the summaries provided. However, Fred's input suggests that the process of unblocking certain tokens requires a governance action, which could potentially delay the implementation of the proposal².