Onchain Proposals
1. Transfer 6,000 ETH and Idle Stablecoins from the Treasury to the Treasury Management Portfolio
This proposal, authored by Entropy, recommends transferring 6,000 ETH (accrued from network revenue) and approximately $150K of idle USDC from the DAO’s treasury into the Treasury Management Portfolio.
- Yield Generation on Idle Capital: Currently, this ETH is sitting idle in the L2 Treasury Timelock, generating no yield or strategic value.
- Strategy Flexibility: By allocating the 6,000 ETH, the DAO could generate an estimated 288.6 ETH annually. The funds will be deployed with strategy flexibility across options like liquid staking/restaking, lending, DEX liquidity provision, and call overwriting, aligned with treasury best practices.
Voting ends in 2 days (May 7).
Temperature Checks
1. Approve Release of Frozen ETH
This proposal, authored by Aave Labs, KelpDAO, LayerZero, EtherFi and Compound, requests the ArbitrumDAO to release the 30,765.67 ETH frozen by the Arbitrum Security Council, into the coordinated recovery effort to make affected rsETH holders whole (following the recent exploit).
Voting ends in 2 days (May 7).
March 2026 Security Council Election
The March 2026 Security Council Member Election results are here! We extend a warm welcome to the newly elected members who will be joining the March 2026 cohort:
The grace period is underway through May 21. This allows the election results to register with the Security Council contracts across relevant chains. Stay tuned!