Unlock Protocol

Goal of the proposal

This proposal requests to use 8200 ARB from the tokens given to Unlock Protocol DAO by ArbitrumDAO to fund the retroQF round on Grants Stack for projects building on Unlock Protocol.

Current situation of DAO’s ARB Tokens

- total: 75000.0 ARB.
- DAO ALIAS Address (On Arbitrum): [0x28ffDfB0A6e6E06E95B3A1f928Dc4024240bD87c](https://arbiscan.io/address/0x28ffDfB0A6e6E06E95B3A1f928Dc4024240bD87c)

For Reference Snapshot temperature check for Retro QF Grants Round

In addition to the 7k ARB tokens requested for funding Unlock Ecosystem projects, an extra 1200 ARB is requested for compensation for the round management according to the following breakdown:

7000 ARB - Matching fund 700 ARB (10%) of matching fund to the round manager - lanadingwall.eth 500 ARB for research and technical assistance - dannithomx.eth
Total: 8200 ARB

Snapshot temperature check for 8200 ARBs

About the proposal

The proposal contains a single call to the Arbitrum Delayed Inbox Contract's `createRetryableTicket` function on mainnet to create a `Retryable Ticket` that will attempt to execute an L2 request to the ARB token contract to transfer 8200.0 of token from the Timelock L2 Alias address `0x28ffDfB0A6e6E06E95B3A1f928Dc4024240bD87c` to the [grants contract](https://arbiscan.io/address/0x00d5e0d31d37cc13c645d86410ab4cb7cb428cca) - `transfer(0x00D5E0d31d37cc13C645D86410aB4cB7Cb428ccA,8200.0)`.

Once approved and executed, the request will be sent to the Delayed Inbox contract and a ticket is created.

Note that, this function forces the sender to provide a reasonable amount of funds (at least enough to submitting, and attempting to executing the ticket), but that doesn't guarantee a successful auto-redemption. [Checkout arbitrum docs for more info.](https://docs.arbitrum.io/arbos/l1-to-l2-messaging).

Thank you!