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Arbitrum · closed proposal

TMC ARB Recommendation

0xb4c0…6f13·ended 1y ago·Discussion ↗·MEDIUM RISK
Voters
3,125
ARB voted
158.80M
≈$12.44M
Token price
$0.08

AI summary

This proposal, initiated by the Arbitrum Treasury Management Committee (TMC), recommends against deploying 10 million ARB tokens into on-chain yield-generating strategies. The TMC previously split its treasury management plan into two parts: one for stablecoins and one for ARB tokens. This specific vote focuses solely on the ARB allocation. The committee evaluated proposals from Karpatkey and Avantgarde & Myso, who suggested deploying the 10 million ARB into on-chain strategies with a 50/50 split.

Impact

If this proposal passes with a 'NO' vote, the 10 million ARB tokens will not be deployed into the proposed on-chain strategies and will remain in the treasury. This means the DAO will not earn potential yield from these strategies, but also avoids the risks associated with them. If it passes with a 'YES' vote, Karpatkey and Avantgarde & Myso would manage the 10 million ARB tokens to generate yield.

Read full proposal on Snapshot

Voting results

YES, Deploy ARB Strategy14.83M (9.3%)
NO, Deploy Nothing92.22M (58.1%)
Abstain51.75M (32.6%)
158.80M ARB · ≈$12.44M · 3125 votersblock 320204758

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Arbitrum

TLDR; We recommend that the DAO votes for NO, Deploy Nothing

The four possible combined outcomes are:

  • YES, Deploy ARB Strategy
  • NO, Deploy Nothing*
  • Abstain

The vote will be conducted via Single choice voting. Key changes:

  • No key changes in the proposal; strategy remains the same as in the previous vote aside from being split into two separate Snapshot votes per the Community's request.

Abstract

The TMC has divided the partner selection into two groups: one for managing the stablecoin allocation—which covers converting ARB tokens to stablecoins and their ong…

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