ChainCatcher message, the Arbitrum DAO proposes a staking proposal for the ARB token, aimed at enhancing the efficiency and security of protocol governance. This proposal will introduce ARB staking functionality, but will not allocate fees to token holders for the time being. The liquid-staked ARB tokens (stARB) implemented through the Tally protocol will support future rewards for automatic compounding, re-staking, and will be compatible with DeFi.The proposal aims to address the challenges faced by the ARB token in terms of value accumulation and governance mechanisms, while also tackling the security risks that may arise from the Arbitrum DAO treasury accumulating a large amount of ETH. A complete ARB staking implementation plan is expected to be submitted in October this year, with development costs estimated at around 200,000 USD worth of ARB tokens.

ChainCatcher news, the Arbitrum DAO community has voted to approve the proposal to "invest 35 million ARB into RWA," with a support rate of 99.44%.The proposal includes investing 35 million ARB into RWA, with 11 million ARB invested in BlackRock's BUIDL through Securitize, 6 million ARB each invested in Ondo USDY and Superstate USTB, and 4 million ARB each invested in Mountain USDM, OpenEden TBill, and Backed Finance blB01.

ChainCatcher news, Arbitrum announced on the forum that it will hold a token (re)authorization event from July 17 to July 23, aimed at strengthening community members' active participation in the DAO decision-making process and encouraging ARB token holders to reassess and reallocate their voting power to the most suitable representatives.

ChainCatcher news, according to DL News, Arbitrum DAO has $3 billion in funds. Recently, Arbitrum DAO approved an eight-week merger and acquisition pilot program proposed by Bernard Schmid, founding partner of Areta, a company that provides investment banking services for crypto companies.If the pilot is successful, Schmid plans to propose a more ambitious plan: to establish a merger and acquisition department with a funding pool of $100 million to $250 million, and to identify and acquire potential targets within two years. The report comments that while large tech companies have long used mergers and acquisitions to drive their rapid growth, this is relatively rare in the crypto space.In a conference call on March 27, members of the DAO's merger and acquisition working group emphasized that marketing companies, business development, infrastructure providers, stablecoin issuers, and zero-knowledge technology are the most attractive potential acquisition targets. Schmid also suggested purchasing other Layer 2 blockchains "to unify the ecosystem, expand the user base, and reduce competition and fragmentation in the field."

ChainCatcher news, the yield aggregation protocol Harvest announced on platform X that the Arbitrum DAO has approved its LTIPP proposal, which will receive a grant of 250,000 ARB tokens. These tokens will be used to incentivize liquidity mining for assets such as WBTC, ETH, and USDC on Arbitrum. Harvest will also establish a dedicated ARB Vault to earn ARB.

ChainCatcher news, Arbitrum DAO has removed the proposal to donate approximately 1.28 million dollars worth of ARB tokens to Tornado Cash developers Roman Storm and Alexey Pertsev. The reason is that token holders expressed concerns about the potential legal risks associated with such donations.It is reported that Arbitrum contributor ImmutableLawyer submitted a proposal last Wednesday to provide a legal defense fund for Tornado Cash developers Storm and Pertsev with 200,000 to 600,000 ARB (approximately 1.2 million dollars). On Friday, the proposal was deleted at the request of its author. Insiders say that ArbitrumDAO members are still considering other ways to fund the developers' legal litigation.

According to ChainCatcher, members of the Arbitrum community have abandoned the proposed donation to Tornado Cash developers due to concerns about the potential legal risks that the proposal could bring to the project.ArbitrumDAO proposed to donate up to 1.28 million ARB to the criminal charges against Tornado Cash developers Roman Storm and Alexey Pertsev, but the proposal has been deleted by its author as token holders expressed concerns about whether such donations would pose legal risks.

ChainCatcher news, Arbitrum DAO is discussing grants to support Web3 games, with development phases receiving between $100,000 and over $1.5 million. Web3 game contributors, including XAI, TreasureDAO, and Helika, have engaged with ArbitrumDAO to discuss potential grant allocations aimed at supporting Web3 game development. The discussions suggest a structured grant allocation at various stages of game development, proposing an initial game development grant of $100,000 to $1.5 million, $250,000 to $500,000 for the alpha to beta stages, and over $1.5 million for the game release and growth stages.

ChainCatcher news, the Arbitrum DAO has approved a one-time "backfund" of 21.1 million ARB tokens (approximately 23.54 million USD) to support 26 projects that missed the first round of funding, which are projects that have received funding from the Short-Term Incentive Program (STIP) but failed to receive funding due to the initial budget of 50 million tokens for the program.The 26 projects receiving this grant include Gains Network (4.5 million ARB), Stargate Finance (2 million), Synapse (2 million), PancakeSwap (2 million), Wormhole (1.8 million), Magpie (1.25 million), RabbitHole (1 million), dForce (1 million), Vela (1 million), and others. According to the proposal, this grant will be distributed after a three-day waiting period.

ChainCatcher message, the Snapshot page shows that the voting on the Arbitrum DAO draft "Funding Support for Successful STIP Proposals" has ended, with a final support rate of 67.68%.It is reported that the draft proposes to increase the total budget of the original STIP proposal (50 million ARB) to 71.4 million ARB, while increasing the total number of participating agreements by 26, for a total of 56 funding projects.The proposal plans to allocate the ARB held by the DAO to incentive mechanisms, while utilizing the allocation system and consensus already created in STIP 1.

ChainCatcher news, the Arbitrum DAO community has approved the proposal for ARB token holders to stake their tokens in exchange for rewards, with 66.76% of the votes in favor of allocating 1% (100 million tokens) for the staking option. The rewards will be funded by the treasury and distributed through a smart contract over a period of 12 months.

ChainCatcher message, the Tally page shows that the Arbitrum DAO has passed the on-chain vote for the short-term incentive program proposal, which is now pending execution. This proposal outlines a one-time consensus framework created by the community to allocate up to 50 million ARB funded by the DAO to incentivize active participation in the Arbitrum protocol.The program aims to meet the short-term needs of the community, planning to allocate the ARB owned by the DAO to incentives while ensuring a transparent consensus and distribution method. It includes two voting rounds and provides incentives for eligible projects to fund incentives until January 31, 2024.The authorized funds are expected to be fully allocated by January 31, 2024. Participating grantees will need to self-report data, dashboards, and continuously summarize grant performance.

ChainCatcher news, the decentralized trading platform Trader Joe officially stated that based on recent feedback received from the Arbitrum representative office, its application for ARB funding from the Arbitrum DAO treasury has been reduced from 1.83 million to 1.51 million ARB, which will be used to enhance spot liquidity and trading efficiency, promote the development of the Arbitrum ecosystem, and attract more users to join the Arbitrum ecosystem.

ChainCatcher news, the decentralized trading platform Trader Joe has submitted a proposal to the Arbitrum DAO for a grant of 1.83 million ARB, aimed at providing short-term incentives for users and supporting the development of the Arbitrum ecosystem.If the proposal is approved, Trader Joe will allocate 100% of the grant as liquidity mining incentives.

ChainCatcher message, the Arbitrum DAO has opened a nomination vote for grant Domain allocators on Snapshot. The allocators will be responsible for reviewing and seeking funding applications, mainly involving four areas: gaming, developer tools, new protocol ideas, education, community development, and events.Voting will end on September 14th, and the current top nominees from the Arbitrum community are: Jeremy (gaming), Shreddy (education, community development, and events), Matt (StableLabs) (new protocol ideas), and Hiko (developer tools).

ChainCatcher news, according to official news, Arbitrum announced that the "AIP-1.1" proposal has been voted through with a support rate of 99.56%. It is reported that the proposal involves the budget of the Arbitrum Foundation, stipulating that all 700 million ARB of the foundation must be locked in a release contract and released to the treasury over 4 years. (Source link)

ChainCatcher news, Arbitrum has distributed 4 million initial ARB allocations to the second batch of DAOs in the Arbitrum ecosystem.Previously, ARB indicated that 1.13% of the initial total supply would be airdropped to eligible DAO organizations in the Arbitrum ecosystem. In April of this year, Arbitrum began the full distribution of initial ARB allocations to DAOs in the ecosystem, with the first batch being distributed to DAOs that had confirmed the results of the test distribution. (source link)

ChainCatcher message, Arbitrum tweeted that it will send all surplus revenue generated from transaction fees to their respective DAOs, and the Arbitrum DAO has accumulated approximately 3352 ETH in revenue.All users on Arbitrum One need to pay fees when transacting on the network. The fees are divided into two parts: 1. L1 fees used to pay for costs on Ethereum. 2. L2 fees paid for Arbitrum fees. Excess L1 fees and all L2 fees will accumulate on-chain before being sent to the DAO. A significant portion of the L1 fees is retained by the Sequencer.The Arbitrum DAO has accumulated a total of approximately 3352 ETH in revenue, and the Sequencer will refund about 5954 ETH, which is the cost of publishing all data to the Ethereum network. (source link)