OpCo – A DAO-adjacent Entity for Strategy Execution

We support the overall direction of the initiative and greatly appreciate the effort, as well as the articulate and well-thought-out proposal by @Entropy. We recognize the value of an OpCo or its equivalent, as highlighted by @WintermuteGovernance. Our experience with dYdX governance reinforces our belief that such structures are critical and practical solutions for maturing DAOs with a broad base of stakeholders and delegates, like Arbitrum. However, we also have concerns regarding the size and budget of The OAT. While the OAT has hiring as its important task in the beginning, its key mandate should focus on observing and overseeing OpCo’s activities. In this context, having five members seems excessive. Additionally, bonus compensation should be outcome-based rather than granted simply for remaining in their positions.