This proposal seeks DAO approval for an updated compensation framework for the Arbitrum Gaming Ventures (AGV) Council.
For the current Council (Year One), we recommend a one-time startup-phase bonus of 90,000 ARB tokens per member, fully vested, in recognition of the heavier-than-anticipated contributions required to establish AGV’s structure, processes, and early investment strategy during its startup phase.
This startup phase bonus is a retrospective acknowledgment of extraordinary effort, not an element of the benchmark alignment. Additionally, these changes will be fully funded within AGV’s existing operating budget and require no additional DAO funds
The startup responsibilities required to transform AGV from a concept into a functioning business entity were not envisaged at all in the original Tally proposal. During AGV’s launch, Council members undertook a heavier, more hands-on workload than was scoped or anticipated. This extra work undertaken during AGV’s startup phase was essential to successfully turn the original GCP Proposal into a functioning VC.
These startup-phase efforts, which were essential to successfully turn the original GCP Proposal into a functioning VC, are listed and expanded on in detail below:
Table B: AGV Startup Phase: Scoped vs Actual Council Workload
| Category | Original Scope (4 hrs/week) | Startup Phase Scope (~10 hrs/week) | Notes / Impact | | --- | --- | --- | --- | | Risk Mitigation & Investment Thesis | Advise on initial investment thesis and portfolio approach | Contributed to initial portfolio strategy design, including risk policies and compliance checks | Front-loaded work to ensure robust oversight scaffolding and 0-1 strategic direction | | Team Oversight & Nominations | Provide oversight and input on GCP team members and performance | Direct involvement in early hiring of core partners; provided input on org design | Higher time intensity due to recruitment, headcount planning, and onboarding of initial team members | | DAO Liaison | Serve as liaison and oversight committee between DAO and GCP initiative | Engaged in foundational DAO communications, collaboration with Arbitrum Foundation, legal, ensuring transparency during setup | Higher oversight/responsibilities, frequency of updates needed at launch | | Compliance & Governance | Complete NDAs, KYC, disclose conflicts; uphold Arbitrum Constitution | Helped shape governance documents (bylaws, entity setup), ensuring legal/structural alignment with DAO goals | Expanded scope vs. original role |
The AGV team fully supports fair recognition of the Council’s critical role during the program’s inception. The proposed startup-phase bonus specifically acknowledges the extraordinary, front-loaded effort involved in designing AGV’s foundational systems and launching its operations. This one-time award is separate from the forward-looking, market-benchmark adjustment and reflects the Council’s instrumental work in positioning the program for scale.
The AGV team, in carrying out its responsibilities under the Foundation Bylaws to manage general and administrative matters of the GCP Program, including finance and human resources, prepared this proposal using industry and compensation benchmarks, as well as a comparison of the Council’s originally laid out scope, and the additional startup phase scope that was required of them, along with its impact. The proposal was presented to the Council, which provided key input but recused itself from the decision-making process to avoid any conflict of interest. The Foundation Director has reviewed and approved the proposal in its current form.
In order to seek tokenholder approval on financial discrepancies between the original GCP Proposal and this proposal, the AGV team and Council now submit this proposal for a DAO vote.
If the proposal passes:
This proposal will include the following voting options:
Should FOR be the majority preference, and the combined FOR and ABSTAIN votes meet at least 3% of the total votable ARB supply, the proposal will be considered approved and may proceed to implementation.
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x23702e34d0ffdabe6e17315f81daaf4119a36d108326473a6e063a35da5ba281