Category: Constitutional - Process
This document (“AIP-1.2”) proposes amendments to the Constitution, and The Arbitrum Foundation Amended & Restated Memorandum & Articles of Association (the “A&R M&A”) and Bylaws (the “Bylaws”) to (1) remove references to AIP-1, and (2) make other changes reflecting feedback from the community.
AIP-1 set out critical aspects of governance and included key governance documents for the ArbitrumDAO, and The Arbitrum Foundation which referenced AIP-1 throughout: the ArbitrumDAO Constitution (the “Constitution”), the Bylaws and the A&R M&A. However, after vigorous community debate, AIP-1 did not pass.
The Constitution is a foundational document that lays out the governance system and capabilities of the ArbitrumDAO; the Bylaws and A&R M&A outline The Arbitrum Foundation’s relationship with and obligations to the ArbitrumDAO. These documents should be updated, via amendment, to remove references to AIP-1 and also to reflect other changes requested by the community during the debate process over AIP-1.
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