Entropy Advisors
Entropy Advisors
ARB-7.33%
🧵 Weekly DAO update on @arbitrum! On @tallyxyz: ✅ DRIP passed 🔹 Register the Sky Gateway contracts is live 🔹 Constitutional Quorum Threshold Reduction is live On @SnapshotLabs: ✅ OpCo Ops Update passed 🔹 Treasury Management Council consolidation is live 🔹 Remove Cost Cap on Nova is live Quick breakdown below 👇
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1/ "Register the Sky Custom Gateway contracts in the Router" @SkyEcosystem has launched support for USDS and sUSDS tokens on Arbitrum. Live on @tallyxyz, this proposal requests to register their custom gateway in the Arbitrum Router contracts. Enabling seamless bridging via the official UI and unlocking @sparkdotfi Savings for stablecoin users.
2/ Sky vote status update: (As of June 25) 🗳 Quorum threshold: 5% (~215M ARB) 📈 ~27% Quorum Progress ✅ Currently: ~57M in favor Support rate: 99.99% with 2,226 voters 🕒 9 days left! Voting ends July 4.
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3/ "Constitutional Quorum Threshold Reduction" Live on @tallyxyz, this AIP proposes lowering the quorum requirement for constitutional proposals from 5% → 4.5% of votable ARB. Why it matters: Participation is steady, but ARB supply has grown. Without adjustment, well-supported proposals risk failing due to basic quorum math. The new threshold: 🔹 Drops the required votes by ~25M ARB 🔹 Keeps non-constitutional quorum (3%) unchanged 🔹 Uses an action contract to update parameters (no core upgrade needed)
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