Request for Proposals - ARB Distribution

We understand the value of using the RFP process as a means to gather community feedback; on the other hand, we worry about creating complex sub-layers of governance. The DAO should prioritize simple governing structures that promote transparency and lower the costs of community participation.

Many of the submitted proposals are highly technical and merit further review or have objectives that fall within the key activities of the Uniswap Foundation. The foundation is already well-resourced with contributors, possesses an in-depth understanding of the ecosystem, and has a grants program that would efficiently decide on the best allocation of the ARB airdrop.

Given the above, we suggest considering a hybrid approach that transfers the entire ARB airdrop to the Uniswap Foundation’s multisig and subsequently allocates it in the following way:

  • 50% used to fund grants for one, or more, of the available RFCs
  • 50% to be included in the next Delegate Race

This approach allows capitalising on the merits of the community’s feedback and shared learnings as well as relying on Uniswap Foundation’s existing accountability and decision-making structures.

Additionally, this approach reduces selling pressure by using ARB as a governance instrument that will align future Arbitrum developments and Uniswap’s best interests in the long term.