Search

Search for projects by name or address

Publications

Publication

governance

10 min read • Published on 2 Mar 2026

Governance Review #86

Avatar of Manuel Gonzalez

Manuel Gonzalez

Governance Representative

Treasury Discipline and Narrative Ambition.

Governance Review #86 publication thumbnail

TL;DR

In Arbitrum, a proposal would automate the consolidation of idle non-ARB funds into the treasury management portfolio to reduce cash drag and simplify redeployment. Offchain Labs reverted the Timeboost reserve price to 0.001 ETH, and February RAD results distributed the full $5,000 budget with 78% participation.

In ZKsync, the ZK Stack Content Experiment concluded, and two new 1M ZK RFP suggestions propose expanding creator partnerships and regional content hubs. The Foundation also published its Prividium Roadshow report and confirmed Season 2 of Community Activation with a budget reallocation toward renewed workstreams.

Elsewhere, Uniswap continued voting on protocol fee expansion, opened its Security Fund cohort, and issued a DUNI tax update; Polygon released Bor v2.5.9, addressing security vulnerabilities; and Everclear approved a Buffer Multisig refill and funded H1 community operations.

Active Votes

Arbitrum: 1 active vote

Uniswap: 2 active votes

Arbitrum

Automate the Consolidation of Idle Funds into the Treasury Management Portfolio

Entropy has proposed automating the consolidation of surplus and idle non-ARB funds from DAO initiatives into the Arbitrum Treasury Management Committee (ATMC) portfolio. Instead of returning unspent stablecoins or revenue to the main treasury and requiring separate governance approvals for redeployment, funds would be directly transferred to the treasury management portfolio, where they could generate yield, subject to OAT deployment approval. Governance would retain the ability to claw back funds via Snapshot at any time.

The proposal cites idle capital currently held in programs such as DDA v2 and the Arbitrum DAO Grant Program as examples, arguing that automating consolidation would reduce cash drag and operational overhead while improving capital efficiency. The Snapshot vote is scheduled for March 5-12, following a forum discussion period.

Announcement: Reserve Price Change

Offchain Labs announced that the Timeboost reserve price has been reduced back to 0.001 ETH, reversing the recent increase, in response to market behavior and community feedback. The adjustment is authorized under the Constitutional AIP that introduced Timeboost in March 2025 and is intended to maintain the efficiency and competitiveness of the auction-based transaction ordering system.

The team stated it will continue monitoring participant dynamics and may adjust parameters further if needed. In parallel, research continues on alternative designs aimed at balancing trading quality for users with sustainable DAO revenue generation.

Rewarding Active Delegates (February Results)

SEEDGov shared the February results for the Rewarding Active Delegates (RAD) program. Of the 37 enrolled delegates, 33 met the base requirements, and 25 ultimately qualified for rewards, distributing the full $5,000 budget allocated to the single off-chain temperature check vote held during the month.

Participation reached 78.38%, with five delegates falling below the 75% eligibility threshold. RAD participants contributed an average of 117M ARB in voting power to the Snapshot vote, and the program will continue to engage directly with underperforming delegates to improve future eligibility and participation levels.

Everclear

Everclear Governance Task Force - First report 2026

SEEDGov, a member of the Governance Task Force, shared a recap of Everclear’s activity from December 19 to February 23. The DAO approved a 15M CLEAR refill of the Buffer Multisig to manage token volatility, as well as a 5.9M CLEAR allocation for H1 2026 community leadership incentives covering moderation, support, and growth efforts. A new Curia Delegate Dashboard was also approved to track delegate activity and voting participation across chains.

On the ecosystem side, Everclear announced integrations with Solana, Blast, and Mantle, and confirmed that Crosschain Asset Settlement is now live as part of its latest protocol updates.

ZKsync

ZK Stack Content Experiment Final Report

0xmadmaxx.eth shared the final report of the ZK Stack Content Experiment, funded with 300,000 ZK under Community Activation RFP #2. Over an 8-week period, 17 contributors produced 429 submissions, generating nearly 788,000 views, 11,900 likes, and 1,799 comments. The campaign focused on amplifying key narratives, including ZKsync’s privacy positioning (Prividium), institutional “Bank Stack” infrastructure, and differentiation beyond a typical L2, with strong localized traction in Turkey, India, and Vietnam.

RFP Suggestion: ZKsync Narrative Program - Individual Creators

0xmadmaxx.eth submitted a proposal for a 3-month ZKsync Narrative Program, requesting 1,000,000 ZK to formalize long-term partnerships with high-performing creators identified during the ZK Stack Content Experiment. The program would run from March to May 2026 and aims to scale narratives positioning ZKsync as a privacy-first, institution-ready infrastructure that goes beyond a typical L2, with added emphasis on MiCA-readiness and Prividium.

Participating creators would be expected to publish 20–30 pieces per month across threads, videos, memes, and explainers, with performance targets tied to reach, engagement, and narrative alignment. The initiative builds directly on the prior 300,000 ZK experiment and seeks to combine continued collaboration with proven contributors while onboarding new talent.

RFP Suggestion: ZKsync Regional Content Expansion Program - Localized Hubs

0xmadmaxx.eth created a proposal for a 3-month Regional Content Expansion Program requesting 1,000,000 ZK to scale localized ZKsync content hubs. Building on the prior content experiment, the program would deepen existing regional channels in Turkey, India, and Vietnam while launching new hubs in Korea, Singapore, and Europe, with a strong focus on privacy, institutional infrastructure, and MiCA positioning.

Each approved hub would be required to produce 20–25 native-language posts per month, manage dedicated Telegram communities, and track measurable engagement and growth metrics. The initiative aims to strengthen ZKsync’s regional narrative presence and institutional positioning across high-potential regulated markets.

ZKsync Prividium Roadshow: Oct - Dec 2025 Report

The ZKsync Foundation published its first update on the Prividium Roadshow Program, covering activities from October to December 2025. The initiative focused on targeted institutional events and memberships across Latin America, Asia, Europe, North America, and the Middle East, aiming to position ZKsync and Prividium as institutional-grade infrastructure. According to the report, curated sponsorships and private gatherings led to partnerships, listings, and strategic memberships, such as the EEA and Tokenized Asset Coalition.

During the period, approximately $272k (7.84M ZK) was allocated, with 17.15M ZK remaining for 2026 out of the 25M ZK total program budget. The Foundation plans to publish the next update after H1 2026.

Community Activation Season 1 Review & Season 2 Confirmation

The ZKsync Foundation published its Season 1 review (Sept 2025 – Feb 2026) for Community Activation Workstream 1 and confirmed decisions for Season 2. ZK Latam ($9,000/month in ZK) and ZKnomist ($10,000/month in ZK, with added Discord responsibilities) were renewed based on external impact and execution quality. Online Educators was not renewed due to declining engagement and limited measurable outcomes relative to cost.

The Foundation also announced a reallocation within the existing 20M ZK program budget, increasing the share directed to high-conviction, externally impactful workstreams while maintaining a reduced but still meaningful experimental RFP allocation. Season 2 will run from March through August 2026 with tighter reporting and accountability standards.

Polygon

WhaleCom Social Token Launch Proposal

WhaleCom submitted a proposal to align the ecosystem and scale its bonding-curve token launch platform on Polygon. The platform, already live, enables creators to launch on-chain tokens with automated price discovery and structured migration to DEX liquidity. To date, it reports around 500 registered users and 14 tokens launched, achieved without formal marketing support.

Rather than requesting significant funding, WhaleCom is seeking official ecosystem listing, co-marketing support, and visibility within Polygon’s tooling directories. The team positions the platform as a way to increase POL transaction activity, wallet engagement, and creator onboarding while introducing structured buyer protection and transparent on-chain launch mechanics.

Bor v2.5.9 Security Fix Review

Polygon Labs published a review of Bor v2.5.9, released on February 17, 2026, addressing multiple security and liveness issues affecting networking, header validation, Heimdall state sync, and block number continuity checks. Some vulnerabilities could be triggered by unauthenticated peers and, in worst-case scenarios, lead to node crashes, consensus inconsistencies, or incorrect contract behavior tied to abnormal block numbers.

The update aligns Bor with upstream go-ethereum fixes, strengthens header and handshake validation, resolves state-sync inconsistencies, and corrects the block-number continuity logic. Validators and node operators are strongly advised to upgrade to v2.5.9 or later to ensure network stability and correctness.

Uniswap

Uniswap Foundation Security Fund (UFSF) - March 2026 Cohort Applications Now Open

The Uniswap Foundation has opened applications for the March 2026 cohort of the Uniswap Foundation Security Fund (UFSF). The program aims to reduce security as a bottleneck for teams building on Uniswap v4 hooks or integrating Uniswap Trading APIs, as smart contract complexity continues to increase across the ecosystem.

Selected projects will receive a pre-audit security scan, up to 100% subsidy for a professional smart contract audit, and end-to-end security guidance in collaboration with Areta. Applications are open until March 7, 2026.

Uniswap – DUNI Tax Update

Cowrie provided an update on DUNI’s U.S. tax status, confirming that all prior Form 1120 filings and related tax payments, including interest and penalties, are now up to date. The tax obligations primarily stemmed from outbound award dispositions that were not deductible, a situation expected to be non-recurring, as tax treatment will now be considered in future governance proposals.

DUNI has submitted requests to the IRS to abate certain penalties and recalculate portions of the assessed interest. It is also pursuing a Private Letter Ruling regarding its corporate tax election. Once resolved, filed tax returns will be disclosed in quarterly financial reports, with the 2025 return to be shared with the community prior to submission.

Quiet Corner

Some ecosystems saw no meaningful governance developments this week.

  • Optimism
  • Starknet
  • Lisk
  • Scroll
  • Wormhole

As always, if we missed something important, feel free to reach out. We’re happy to dig deeper.

Upcoming Events

Arbitrum

Scroll

ZKsync

Hop

Discuss with L2BEAT

Join us every Friday at 3 pm UTC for our weekly Governance Office Hours to discuss proposals, ecosystem direction, and high-level governance strategy.