GovHack at ETH CC (Brussels)

Abstract

Hack Humanity is seeking $309k of funding from the Arbitrum DAO to host an event and after-party coinciding with ETH CC 1 in Brussels, Belgium. Arbitrum GovHack Brussels will take place as a 3-day event on July 5, 6, and 7, the days directly prior to the start of the conference. ETH CC is only 11 weeks away, so approving the funds ASAP is of the utmost importance to ensure that Arbitrum has a strong presence at one of the most important Ethereum-centric events of the year.

Hack Humanity intends to continue serving the DAO by planning IRL activations and will seek additional funding in the coming months. The time constraints for ETH CC have led us to propose funding solely for this event in hopes of an expedient proposal process prior to asking the DAO for a larger funding package that ensures a long-term and optimal solution for Arbitrum DAO’s event participation.

GovHack Brussels aims to: Build trust and deepen relationships between Arbitrum contributors Ideate and later implement proposals that benefit Arbitrum Attract new talent to the DAO Position Arbitrum as the go-to home for talent to build and the DAO as a world-class operation maturing and innovating at the forefront of decentralized governance

GovHack Brussels, improves on and expands GovHack ETHDenver with additional prize pool, the introduction of a subsidy pool for high-value contributors, enhancing and running a proper community showcase day, and adding a dedicated afterparty.

Key Funding Notes

Any excess funds from the $309k that are not spent on the Brussels event will be rolled over and used to fund future Arbitrum events, but only if the DAO votes to spend additional funds on future events before the end of August. If the DAO votes against further spending on events, or a proposal fails to pass by the end of August, the excess ARB will be returned to the DAO.

The amount of ARB to be moved to the multisig will be determined in accordance with the dollar equivalent of the trailing 14D ARB TWAP with a 30% buffer. After the ARB is swapped to USDC, any amount in excess of $309k will be immediately back to the DAO.

The scope of this proposal to the DAO is specifically for ETH CC in Brussels.

start

April 25, 2024

6:33 AM

end

May 2, 2024

6:33 AM

Voting

off-chain

Voting type

basic

Voters

20,777

Votes

142,333,910

Final Votes

closed

For

141.8M ARB

99.63%

Against

399.8K ARB

0.28%

Abstain

124.1K ARB

0.09%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

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Voting

100,000

Voting type

100,000

Starts in

100,000

Voters

1,000,000

Votes

1,000,000

Votes

Choice label

TICKER

100%

Choice label

TICKER

100%

Choice label

TICKER

100%