[Constitutional] AIP: Automate Timeboost Proceeds Split
AI summary
This proposal seeks to automate the distribution of 'Timeboost' proceeds on Arbitrum One and Arbitrum Nova. Timeboost is a transaction ordering policy that generates revenue. Currently, all Timeboost revenue goes to the Arbitrum DAO treasury, and 3% of it is supposed to be manually transferred to the Arbitrum Developer Guild (ADG) through a lengthy voting process. This proposal aims to implement an automated fee splitter that will automatically send 97% of Timeboost proceeds to the DAO treasury and 3% to the ADG. It also requests to distribute the 3% of proceeds that have already accrued to the ADG.
If passed, this proposal will streamline the distribution of Timeboost revenue, ensuring the Arbitrum Developer Guild (ADG) receives its allocated 3% share (approximately 75.52 WETH, or about $230,000 at current prices) automatically and in a timely manner, without requiring repeated DAO votes. The DAO treasury will continue to receive the majority (97%) of Timeboost proceeds. This benefits the ADG by providing consistent funding and reduces the operational burden on the DAO.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
12 votes > 5% VPFull proposal
Abstract
This proposal seeks approval to automate the Timeboost proceeds split on Arbitrum One and Arbitrum Nova, and distribute accrued rewards to the Arbitrum Developer Guild (ADG) via a constitutional vote, as per the already-passed and executed proposal to adopt Timeboost. Currently, all Timeboost bid proceeds are sent to the Arbitrum DAO treasury; the portion of Timeboost proceeds allocat…