The Arbitrum DAO Procurement Committee (ADPC) was created with the goal of developing and refining robust processes for the selection and negotiation of service providers for the Arbitrum DAO. This is an industry-leading, DAO-native innovative approach to incentivize growth and reduce barriers to entry for all types of projects on blockchains like Arbitrum.
The primary mandate for the first 6-month tenure of the ADPC is to oversee and facilitate the procurement framework for security-oriented service providers within the Arbitrum ecosystem, create a subsidy fund that will subsidize security audit costs for new and existing projects within the Arbitrum ecosystem, and develop a Means Test to to assess a project’s eligibility for the Subsidy Fund.
Areta is serving on the ADPC alongside Joseph Axisa (Axis Advisory) and Paul Imsieh (Daimon Legal).
