Snapshots⚡️
1. Treasury Management v1.2 (Voting ends on Nov 21, Thursday)
This AIP addresses treasury management by establishing two separate tracks (Treasury and Growth), each with its own 3-seat committee, strategies, infrastructures and budgets.
It aims to make the DAO’s ETH revenue productive and establish ways to enable more efficient and secure handling of the DAO’s ARB in its treasury.
The division into two management tracks allows for specialized focus on different asset types and strategies, potentially maximizing the effectiveness of each strategy.
- Treasury Management: 10M ARB for ARB-only onchain strategies + 15M ARB converted to stables or other cash-like holdings to serve as a pilot for the DAO’s “checking account”.
- Growth Management: 7,500 ETH of which any spend must be DAO-approved on a case-by-case basis.
The Arbitrum Foundation would serve as custodian/counterparty of the funds at all times.