Arbitrum Proposal: #0xfbc7855075da7b93d7c95354e9b2adf848099562afcafa42fa7b7f6fa6e7804b

ARDC (V2) Research Election

Status:
Closed
Revelo Intel0%

Revelo Intel: 0%

0 ARB

PYOR Research: 0%

0 ARB

The Block Research: 0%

0 ARB

Llama Research & Castle Capital: 0%

0 ARB

Blockworks Advisory: 0%

0 ARB

Messari: 0%

0 ARB

Abstain: 0%

0 ARB

Voting Period

  -  

Proposer

0xb4c064f466931B8d0F637654c916E3F203c46f13

Description

Introduction

On the 19th of November 2024, the ARDC Tally proposal was executed, marking the ArbitrumDAO’s decision to extend the ARDC with the launch of the ARDC V2. This iteration features a collaborative structure, comprising specialised working members in Research, Risk and Security, alongside a Supervisory Council. The program is designed to deliver ongoing, specialised specialised assistance to the ArbitrumDAO. For more details, see the executed proposal here: https://www.tally.xyz/gov/arbitrum/proposal/36792157050667056852025000136263368859227883753318633087194112219909798752014?govId=eip155:42161:0x789fC99093B09aD01C34DC7251D0C89ce743e5a4

Following a call for applications, a review process and an amendment period, conducted in accordance with the Election Process ratified by the ArbitrumDAO, the elections for the Arbitrum Research and Development Collective are now open. The full version of the applications can be viewed here:

https://forum.arbitrum.foundation/t/election-application-thread-v2-arbitrum-research-development-collective/27267/16

We encourage all Arbitrum Delegates to vote responsibly and in the best interests of the ArbitrumDAO.

Revelo Intel

Name of Applicant: Revelo Intel

Telegram Handle: @VuBenson

Role: Research Working Member

Hourly Rate (in USDC): Revelo Intel operates most effectively on a project-based model, which aligns with the nature of our work and ensures clear deliverables and outcomes.

While our preference is for project-based compensation, we understand the structure of the ARDC proposal and are happy to accommodate its requirements. Based on the scope and anticipated tasks, our hourly rate would be $125/hour, calculated to reflect the level of expertise, depth of research, and resources dedicated to each initiative.

Experience:

Revelo Intel is a boutique research firm delivering institutional-grade insights into blockchain protocols, ecosystems, and narratives. Their expertise lies in producing tailored reports that synthesize complex project mechanics, assess market dynamics, and pinpoint adoption catalysts.

With a proven track record of publishing over 200 in-depth reports, many in collaboration with leading protocols, ReveloIntel has established itself as a trusted resource for actionable intelligence. Their most impactful research formats include (i) Project Breakdown (Diligence) Reports and (ii) Industry Intel (Narrative) Reports.

Proposed Scope of Work for Arbitrum:

Proposed Tasks and Key Deliverables (First Two Months)

For the initial one-third of the 6-month term, we propose the following deliverables, designed to address the ArbitrumDAO’s most pressing needs:

Arbitrum Stylus Developer Analysis

Deliverable: A study focused on attracting developers to build with Arbitrum Stylus, including:

Timeline: Delivered by the middle of the second month.

Value: Supports Stylus’ success by identifying strategies to position it as the leading choice for developers, strengthening Arbitrum’s technical ecosystem.

Arbitrum Orbit Growth Study

Deliverable: A report identifying trends and strategies for attracting projects and users to the Arbitrum Orbit ecosystem. This will include:

Timeline: Completed by the end of the second month.

Value: Provides the DAO with insights to guide resource allocation and initiatives for expanding Orbit, increasing Arbitrum’s market share.

Comprehensive Governance Analysis and Delegate Engagement

Deliverable: A detailed report evaluating recent governance proposals, focusing on their outcomes, alignment with DAO priorities, and opportunities for improvement. This will include recommendations for a delegate incentive structure to encourage active and consistent participation.

Timeline: Delivered at the end of the first month.

Value: Provides actionable insights to enhance governance transparency and optimize delegate engagement, ensuring the DAO remains agile and effective.

PYOR Research

The per-hour rate (for both Tier 1 & Tier 2) is a team cost. It is a blended cost for a working project team of a maximum 4-6 members working in parallel.

Before the commencement of any project, we will clearly quote the number of Tier 1 hours and Tier 2 hours and share it with the Supervisory Council.

Resource allocation will be dynamically adjusted based on project requirements, ensuring optimal expertise deployment while maintaining cost-effectiveness. Each project, regardless of tier, will have a dedicated project manager to ensure smooth execution, clear communication, and timely delivery.

Experience

Founded in 2022 by seasoned executives from Barclays, EY, and CoinSwitch (India's leading crypto exchange), PYOR has grown into a team of over 30 professionals, backed by industry leaders such as Castle Island Ventures, Coinbase Ventures, and Balaji Srinivasan. Their expertise has supported leading protocols such as Arbitrum, ICP, Cosmos, Tezos, Compound, Venus, Osmosis, Livepeer, and Swell.

PYOR's innovations include proprietary data infrastructure, like the X-ray platform, which delivers real-time, on-chain insights into protocol performance. They also offer advanced tools for large-scale monitoring and analytics to empower data-driven decision-making.

Proposed Scope of Work for Arbitrum:

As Research Members, our primary goal is to strengthen Arbitrum’s position as the leading Layer 2 solution. For any network, the core requirements are a strong developer mindshare and capture, projects that address both emerging and institutional use cases, and deep liquidity across the ecosystem. To address these challenges, we propose the following research initiatives for the first two months.

1. Expanding Arbitrum’s Ecosystem: A Strategic Analysis of Emerging Untapped Sectors and Institutional Opportunities

2. Catalyzing Capital Migration from Ethereum Mainnet to Arbitrum: A Strategic Framework for Liquidity Attraction

Ethereum Mainnet currently has more than $60B of Capital sitting on it. Currently, Arbitrum is leading in terms of attracting these outflows from the Ethereum main net, but with more L1s and L2s coming in it’s necessary to constantly research and strategise on how Arbitrum can be the home for this liquidity.

Our main aim with this research is to analyse the patterns of large capital holders and their migration patterns from the mainnet and interview them to find out any gaps in terms of security, infrastructure, and opportunities.

3. Diversifying Arbitrum’s Network Revenue Streams: Beyond Sequencer Fees

This research initiative aims to address the critical challenge of developing sustainable revenue streams for the Arbitrum network, acknowledging that the current reliance on sequencer fees is not sufficient for long-term sustainability. The study will conduct a comprehensive analysis of potential revenue models, examining both traditional blockchain monetization strategies and innovative approaches unique to Arbitrum’s architecture.

Research Methodology (Overview):

4. Developer Experience in the Arbitrum Ecosystem: A Comprehensive Analysis of Tooling, Support, and Cross-Chain Infrastructure

The Block Research

Name of Applicant & Applicant’s Representative (If applicable): The Block Research Team, represented by Abraham Eid, Alice Hou

Telegram Handle (if applicable): @Abraham_0000, @alice_hou

LinkedIn Profile (if applicable): Abraham Eid, Alice Hou

The role being applied for (choose one): Research Working Member

Hourly Rate (in USDC): 500 (for the whole 5-member team)

Experience:

The Block boasts over 5 years of experience, backed by a team of more than 35 research specialists. They have serviced over 135 clients across Web3, FinTech, VC, and traditional finance sectors, including conducting research for leading ecosystems such as Arbitrum, Ethereum, Polygon, Solana and Avalanche.

Notable projects led by Block Research include guiding a $2B+ public gaming firm on its Web3 gaming market entry strategy, collaborating with billion-dollar blockchain platforms on competitive benchmarking and development strategies, informing token distribution strategies for prominent Layer 2 protocols, and co-developing institutional-grade crypto index products for top-tier funds requiring resilience in volatile markets.

Proposed Scope of Work for Arbitrum:

ArbitrumDAO stands at a point where refining its governance frameworks and improving its ability to measure community engagement can drive meaningful progress. Our proposed work in the first two months of the six-month term will focus on two key initiatives: exploring complementary governance models and developing a comprehensive community metrics dashboard to evaluate the social adoption of Arbitrum’s various product offerings. These initiatives address the DAO’s current challenges, combining structured research and data tools to support transparency, efficiency, and community engagement.

Complementary Governance Models

The need for scalable and effective governance is clear from past initiatives like the Gaming Catalyst Program, where issues such as lagged operations and limited measurable impact surfaced. To address these challenges, we propose researching, designing, and piloting governance models such as futarchy and quadratic funding.

In designing these frameworks, we will deliver data-driven insights, including sensitivity analyses to explore how different variables (e.g., voter turnout, proposal costs) influence their effectiveness. Our work will culminate in a detailed proposal for governance experiments tailored to ArbitrumDAO, providing stakeholders with actionable tools to address governance challenges.

Community Metrics Dashboard

A vibrant and engaged community is critical for the success of any ecosystem. Developers often assess the community dynamics of an ecosystem when deciding if to build. Similarly, investors and users look for signals that indicate the ecosystem’s health and momentum. However, existing metrics like Twitter & Discord follower counts fall short of capturing the nuanced sentiment and engagement within a community.

We propose developing a community metrics dashboard that aggregates a wide range of indicators to provide a comprehensive view of ecosystem activity. This framework will allow developers, investors, and users to “test the temperature” of the ecosystem with data-driven insights. The dashboard would track, but not be limited to:

This dashboard will not only help developers evaluate which technical stack to build on, but also assist investors in identifying promising projects, and users in understanding the ecosystem’s momentum. The ultimate goal is to establish a robust framework for assessing community sentiment and engagement that can set a new standard for the industry.

Through these efforts, we aim to provide ArbitrumDAO with structured governance models and a scalable framework for measuring community engagement. Together, these initiatives will help the DAO address its immediate challenges while laying the groundwork for sustained growth and ecosystem vitality.

Llama Research & Castle Capital (@dl_research & @castle__cap)

Name of Applicant & Applicant’s Representative: DefiLlama Research & Castle Capital

Email Address: ryan@dlnews.com, atomist@castlecapital.vc (please contact both)

Telegram Handle: @cryptodurs and @atomist

Role: Research Working Member

Hourly Rate (in USDC): $100 per hour

Experience:

DefiLlama Research and Castle Capital bring complementary expertise to the table. Together, they have delivered actionable insights on Arbitrum-native protocols like GMX V2 and provided strategic guidance on DAO incentive structures and community engagement.

DefiLlama is renowned for its in-depth analyses of DeFi protocols, Layer 2 scalability solutions, and governance trends, powered by its robust on-chain data capabilities. On the other hand, Castle Capital adds deep experience in shaping Arbitrum’s governance and incentive frameworks, having contributed to initiatives like LTIPP and STIP Bridge, while creating accessible dashboards and educational content in collaboration with over 60 protocols.

Proposed Scope of Work for Arbitrum:

The proposed scope of work will tackle the challenges the Arbitrum DAO faces, providing data-driven insights that can be leveraged to accelerate each component of Arbitrum’s flywheel (outside of the technology stack). Unifying Arbitrum’s Mission, Vision, Purpose (MVP).

1. Exploratory Research on Builder Retention & Expansion (Target = Applications)

Problem: Builders are not always aware of opportunities within the ecosystem or the possibilities that the tech stack unlocks, and once onboarded have limited support from the DAO.

Goal: Identify and address key challenges in developer retention, ecosystem growth, and strategic alignment to recommend an effective builder expansion strategy.

Deliverables:

Post Work Unlock: A clear pathway for an onboarding/ecosystem workstream to be set-up with a clear basis for a strategy to be created and implemented.

2. Ecosystem-Building Initiatives (Target = DAO-Driven Development Programs)

Problem: Arbitrum lacks a competitive strategy to reward innovation, limiting its ability to attract and retain top-tier developers critical to its reputation as a home for disruptive builders.

Goal: Position Arbitrum as the premier blockchain for innovation by optimizing grant funding and incentivizing novel protocols.

Deliverables:

Post-Work Unlock: A roadmap for a grant-driven growth workstream to attract top builders and drive sustainable ecosystem expansion.

3. Improving Orbit Chain Experience & Ecosystem Integration (Target = Ecosystem)

Problem: Orbit chains often feel disconnected from Arbitrum One and other orbits, with fragmented liquidity and suboptimal UX. While full interoperability relies on Offchain Labs, abstracting chain complexities can drive immediate improvements and enhance ecosystem cohesion.

Goal: Address UX gaps, simplify chain abstraction, and align Orbit chains with the broader ecosystem while exploring future technical solutions as they mature.

Deliverables:

Post-Work Unlock: Clear recommendations for improving UX and advancing Orbit chain adoption while leveraging chain abstraction for seamless user experiences.

We also plan to include the following projects in our Scope of Work, which are detailed in ‘Additional Details’ on the forum (i) Arbitrum’s Search for its Identity (ii) New Sector Mapping and Outreach.

Blockworks Advisory

Experience:

Blockworks has established itself as a premier source of deep technical and protocol-specific research over the past two and a half years. During its participation in ARDC V1, Blockworks played a pivotal role in recovering/saving over 3.7M ARB in misused or unallocated funds for the DAO and Foundation (e.g. Furucombo and Synapse) while also facilitating important discussions around Timeboost.

Additionally, they developed a comprehensive Arbitrum data dashboard, delivering valuable insights into the platform's on-chain activity and financial metrics. They also support other leading protocols such as the Solana Foundation, Lido, and Ethena among others.

Proposed Scope of Work for Arbitrum:

1. Unified Incentives Framework (Incentive Program Design Assistance)

Through our initial ARDC STIP work, Blockworks Advisory is uniquely positioned to assist in the development of the next incentive program scheduled to launch in 2025. Blockworks Advisory could work closely with the Incentives Working Group and other major stakeholders to create a Unified Incentives Framework that applies previous best practices and lessons learned to optimize ROI in various objective functions. While we will not administer the incentives or perform the operations (management, etc) we will help structure the proposal, and the program for the greater good of the ecosystem leveraging research accomplished. As the embargo on incentives ends in Q1, this would likely be our first deliverable, and would span 2 months worth of time in our term. Additionally, we believe this deliverable to be of great value to the DAO, given the DAOs past initiatives, STIP and LTIP, and the likely continuance of incentives post-embargo. The Foundation has also weighed in and has provided incentives as a suggested area of work for the Research member, found here - https://forum.arbitrum.foundation/t/arbitrum-foundations-recommendations-for-ardc-deliverables/27686.

Below are other deliverables that we can work on in addition to or besides the Incentive Framework.

2. Timeboost Revenue Allocation Framework

While Timeboost is an innovative solution coming to Arbitrum that will likely be a positive catalyst for DAO revenue, there hasn’t been a community-wide discussion on how the revenue should be allocated and whether it makes sense for the DAO to capture all proceeds or redistribute it to impacted LPs/protocols.

3. Orbit Chain Strategy

Provide the DAO with a path towards aligning the ARB token with the growth of the Orbit tech stack, taking lessons learned from other ecosystems (Cosmos, Polkadot, Optimism, zkSync, etc). Outlining a procurement vs ownership model where we identify what products/services the DAO should own (e.g RaaS, block explorer, data indexing, etc).

4. General Data Services

Similar to the Multisig Support Service proposed by Entropy Advisors and R3gen Finance to reduce operational spend and increase proposal efficiency, Blockworks Advisory could become a shared data service provider that any Arbitrum working group or initiative (including the Foundation) could tap into to fulfill all data needs. We have the most comprehensive Arbitrum data in the industry, including DAO financials, and can leverage this to empower the various stakeholders in the community.

5. Developer-centric Strategy Framework

In last year’s Developer Report from Electric Capital, Arbitrum saw a troubling decline in active developers in the ecosystem. This deliverable would be outlining the developer pipeline specifically in regards to Arbitrum, and provide suggestions for where DAO funding could possibly aid in the development process.

6. Financial Audit of Arbitrum Grants Programs

The Arbitrum Grants program is expansive, and a financial audit would simply be a retroactive analysis of the Arbitrum Grants program to date to determine ROI for the ecosystem.

Messari

Our blended hourly rate of $145 reflects the expertise and resources required to deliver exceptional research and insights for the ArbitrumDAO. This rate incorporates contributions from our specialized team:

Additionally, we are pleased to offer Marketing support complimentary, typically billed at $100/hour, as part of our commitment to providing maximum value to the ArbitrumDAO if desired by the community.

Experience:

Messari is a leader in market intelligence, research, and data analytics for the digital asset industry, supported by a team of 130 crypto-natives. They have provided strategic support to nearly 100 projects, including base-layer protocols, DeFi, gaming, interoperability, and scaling solutions, offering deep technical research, on-chain financial reporting, and incentives analysis.

Notable contributions include ecosystem metrics deep dives and governance-focused analytics, as showcased in their State of DeFi Q3 2024 and Ethereum Quarterly Report Q2 2024. Equipped with advanced tools and ecosystem mapping capabilities, Messari enhances decision-making with the support of its analysts, data scientists, and governance experts.

Proposed Scope of Work for Arbitrum:

Messari’s work for the first two months of a six-month term will focus on addressing critical needs of the ArbitrumDAO: informed governance, ecosystem transparency, and community engagement.

1. Comprehensive Ecosystem Analysis

2. Governance Framework Review

3. Treasury Management Assessment

4. Community Engagement Initiative