Voting yes.
AGV was a good bet at the time but the market shifted, and time will tell if it pays off.
I’m a big believer in us hodling ARB as much as we can during the bear. ARB is under a lot of selling pressure as well as the rest of the market, so returning the ARB to the treasury is probably a good decision to reduce the pressure
I’m also really glad OpCo is stepping in to look after the existing investments instead of going cold just because the vehicle is changing. OpCo running point, carrying over feels like the right, natural home for that work. It should be an easy transition ![]()
AGV was careful with their budget, and I’d like to praise that, but I also want to mention they could have done a better job communicating with delegates and on marketing with the DAO in general.
AGV didn’t maximize the impact of being part of a DAO… They needed to lean into that as a unique advantage and get us more involved in their investments, IMO that was their biggest mistake.
They treated us like a problem instead of an opportunity and kept us at arm’s length, working in backrooms instead of pushing for network effects.