Arbitrum DAO, a decentralized autonomous organization, empowers community-driven governance within the Arbitrum ecosystem.

In this guide, we'll explore how the Arbitrum DAO operates, the significance of its governance token ($ARB), and how you can actively participate in shaping the future of Arbitrum.

Understanding Arbitrum DAO

The Arbitrum DAO is a community-driven governance mechanism built on the Ethereum blockchain. It allows $ARB token holders to propose and vote on changes to the organization and its technologies.

Governed by smart contracts implemented on the Arbitrum One roll-up chain, the DAO facilitates transparent decision-making and fosters decentralized management of the Arbitrum ecosystem.

The Role of $ARB Governance Token

$ARB serves as the governance token within the Arbitrum ecosystem, granting holders the right to participate in governance processes. Token holders can propose and vote on Arbitrum Improvement Proposals (AIPs), which range from protocol upgrades to treasury management.

The weight of a voter's decision is proportional to the amount of $ARB they hold, ensuring a fair and equitable governance process.

Protocol Upgrades and Chain Ownership

Arbitrum chains require protocol upgrades for various reasons, including improvements, bug fixes, and compatibility with Ethereum upgrades.

Unlike Layer 1 protocols governed by social consensus, L2 protocols like Arbitrum rely on on-chain governance for upgrades. The $ARB governance token enables decentralized decision-making, ensuring the evolution of Arbitrum aligns with community interests.

Security Council and Emergency Protocol

The Arbitrum DAO incorporates a Security Council—a group responsible for addressing security emergencies and ensuring the integrity of the ecosystem. Comprising elected members, the Security Council can expedite protocol upgrades in critical situations, safeguarding the platform against vulnerabilities and threats.

As a member of the Arbitrum community, you can actively participate in governance processes. Whether through proposing AIPs, voting on proposals, or delegating voting power, your involvement shapes the trajectory of Arbitrum's development.

By following the steps outlined in this guide, you can engage with the DAO and contribute to its growth.

How to Submit a Proposal

1. Drafting the Proposal

   • Clearly define the problem or opportunity you aim to address with the proposal.

   • Provide detailed information about the proposed solution, including technical specifications and potential impact.

   • Structure the proposal according to the guidelines outlined in the Constitution of the Arbitrum DAO, including sections such as Abstract, Motivation, Rationale, Specifications, Solutions to the Problem and Steps to Implement.

   • Post the drafted proposal in the community forum to gather essential feedback from community members and delegates. Make the necessary changes as per the feedback before proceeding further.

2. Conducting a Temperature Check

   1. Use Snapshot polls to gauge community interest and gather feedback on your proposal.

   2. Share the proposal on the DAO governance forum and encourage community members to participate in the discussion.

   3. Allow sufficient time for debate and iteration based on community feedback before proceeding to on-chain voting.

3. Submitting the Proposal for On-Chain Voting via Tally

   1. Once the proposal passes the temperature check, submit it for on-chain voting via Tally.

   2. Ensure the proposal adheres to the requirements for Constitutional or non-constitutional AIPs, as outlined in the Constitution.

   3. Please provide a clear name and description for the proposal, along with proposed actions to execute if passed.

   4. Monitor the voting period and engage with the community to address any concerns or questions about the proposal.

How to Delegate Voting Power

1. Selecting a Trusted Delegate

   1. Identify a delegate whose values and priorities align with yours and the goals of the Arbitrum DAO.

   2. Consider the delegate's track record, level of engagement with the community, and expertise in governance processes.

   3. Ensure the delegate has a transparent approach to decision-making and communicates effectively with their constituents.

2. Delegating Your Voting Power

   1. Connect your Ethereum wallet to Tally and navigate to the Arbitrum DAO page.

   2. Locate the delegate you wish to delegate your voting power to and follow the delegation process as prompted.

3. Verify the delegation transaction on the Arbitrum One network and confirm your choice.

4. Monitoring Delegate Performance

   1. Regularly assess the delegate's voting behaviour and alignment with community interests.

   2. Participate in discussions and forums to stay informed about governance decisions and provide feedback to your delegate.

   3. If necessary, reconsider your delegation based on changes in the delegate's behaviour or your priorities.

How to Vote on Proposals

1. Evaluating Proposal Alignment

   1. Review proposals to ensure they align with the values and objectives outlined in the DAO's Constitution.

   2. Consider the proposal's potential impact on the ecosystem, its feasibility, and its adherence to technical and ethical standards.

2. Participating in Temperature Checks

   1. Engage in discussions on the DAO governance forum and provide feedback on proposals during the temperature check stage.

   2. Cast your vote in Snapshot polls to indicate your level of support for the proposal and contribute to community sentiment analysis.

3. Engaging in On-Chain Voting

   1. Use Tally to participate in on-chain voting once proposals move to this stage.

   2. Carefully consider the proposal's merits and potential implications before casting your vote.

   3. Follow the voting guidelines specified for Constitutional and non-constitutional AIPs to ensure your vote is counted accurately.

By following these steps and actively engaging in governance processes, you can play a meaningful role in shaping the future of the Arbitrum ecosystem.

Conclusion

The Arbitrum DAO empowers community members to shape the future of decentralized governance within the Arbitrum ecosystem. By leveraging the $ARB governance token and actively participating in governance processes, individuals play a vital role in driving innovation, security, and transparency within the platform.

By embracing decentralized governance, Chora Club paves the way for a more inclusive and resilient ecosystem. Together, let's unlock the full potential of Arbitrum with community-driven decision-making.

Resources

1. Arbitrum DAO Governance Forum

2. Arbitrum Discord Community

3. Snapshot for Temperature Checks

4. Tally for On-Chain Voting