# \[BIP-448\] Delegate DAO Grant ARB to LM Multisig

**URL:** <https://forum.balancer.fi/t/bip-448-delegate-dao-grant-arb-to-lm-multisig/5235>\
**Category:** General Proposal\
**Created:** [October 9, 2023, 11:40pm UTC](https://forum.balancer.fi/t/bip-448-delegate-dao-grant-arb-to-lm-multisig/5235 "2023-10-09T23:40:13Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![ZenDragon](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/zendragon/32/1542_2.png) [@ZenDragon](https://forum.balancer.fi/u/ZenDragon)\
**Post date:** [October 9, 2023, 11:40pm UTC](https://forum.balancer.fi/t/bip-448-delegate-dao-grant-arb-to-lm-multisig/5235/1 "2023-10-09T23:40:13Z")

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Payload with PR  
[https://github.com/BalancerMaxis/multisig-ops/pull/542](https://github.com/BalancerMaxis/multisig-ops/pull/542)

### Summary

The Balancer DAO Multisig and Balancer LM Multisig should delegate their ARB balances to the LM Multisig. This will permit the Balancer Maxis to vote in the ARB ecosystem on behalf of the DAO. The goal is to strengthen ties with all parties in the Arbitrum ecosystem, and drive governance in a positive way for the Arbitrum ecosystem.

### Motivation

Balancer is doubling down on the Arbitrum ecosystem in many ways, one of the most obvious being the application for a grant from the [Arbitrum Short Term Incentives Program](https://forum.arbitrum.foundation/t/balancer-final-stip-round-1/16689). To further align with the ecosystem the Balancer DAO should become and active participant in Arbitrum governance and support future votes made that affect the network we have so much stake in. This will strengthen ties with Arbitrum, as well as any partners which are acting in a responsible way on the network. Balancer as a blue chip brings nuance to all governance forums it participates in, and this one makes sense to be in our scope.

### Specifications

Part 1: The DAO Multisig on Arbitrum `0xaF23DC5983230E9eEAf93280e312e57539D098D0` will interact with the ARB token contract `0x912CE59144191C1204E64559FE8253a0e49E6548` by writing the `delegate` function passing the address `0xc38c5f97B34E175FFd35407fc91a937300E33860`. This will delegate the total ARB Balancer to the LM Multisig.

[Part 1 Simulation](https://dashboard.tenderly.co/public/safe/safe-apps/simulator/1b2ee5ef-2f6c-4c76-9f4a-ee52689c417f?trace=0.0)

Part 2: The LM Multisig on Arbitrum `0xc38c5f97B34E175FFd35407fc91a937300E33860` will interact with the ARB token contract `0x912CE59144191C1204E64559FE8253a0e49E6548` by writing the `delegate` function passing the address `0xc38c5f97B34E175FFd35407fc91a937300E33860`. This will delegate the total ARB Balancer to the LM Multisig.

[Part 2 Simulation](https://dashboard.tenderly.co/public/safe/safe-apps/simulator/d3b27dc8-250c-43d1-9352-3b7baee2f060)

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<div class="post-metadata">

**Author:** ![0xDanko](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/0xdanko/32/1376_2.png) [@0xDanko](https://forum.balancer.fi/u/0xDanko)\
**Post date:** [October 10, 2023, 5:52pm UTC](https://forum.balancer.fi/t/bip-448-delegate-dao-grant-arb-to-lm-multisig/5235/2 "2023-10-10T17:52:42Z")

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Thanks for putting this proposal together @ZenDragon. Arguably, we should’ve done this ages ago. 🙂

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<div class="post-metadata">

**Author:** ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)\
**Post date:** [October 12, 2023, 1:47pm UTC](https://forum.balancer.fi/t/bip-448-delegate-dao-grant-arb-to-lm-multisig/5235/3 "2023-10-12T13:47:59Z")

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[https://snapshot.org/#/balancer.eth/proposal/0x507e8b2e1b684887dcb9ac4d15c38caa5ec76eb908b9d441ce2c1f35ba35b070](https://snapshot.org/#/balancer.eth/proposal/0x507e8b2e1b684887dcb9ac4d15c38caa5ec76eb908b9d441ce2c1f35ba35b070)