Our delegation has decided to vote in favor of this proposal.
D2 Finance explains the operations of its ETH++, RODEO++, and ARB++ vaults. It states that the decision to maintain a capped TVL is for security reasons and proposes a nearly 50% reduction in size.
Considering that D2 Finance is a native protocol on Arbitrum, notable for its degree of composability with innovative trading and yield strategies that add value to Arbitrum, the explanations provided and the new grant amount requested address the Council’s concerns and make it worth the investment from the DAO.