Our delegation decided to vote FOR on this proposal.
Synthetix is a major DeFi protocol, and Arbitrum will benefit from its presence. It has a large user base on other chains, and Arbitrum could benefit from the potential migration of these users to its DeFi network.
Additionally, it is positive that they have collaborated with their biggest competitor to gain their favorable vote. During the screening period, they received two positive votes, and now, with the favorable vote from GMX, we believe this proposal should be approved.