# Arbitrum Treasury Management Council - Consolidating Efforts **URL:** https://forum.arbitrum.foundation/t/arbitrum-treasury-management-council-consolidating-efforts/29334 **Category:** Finalized AIPs **Tags:** proposal **Created:** [May 29, 2025, 11:22pm UTC](https://forum.arbitrum.foundation/t/arbitrum-treasury-management-council-consolidating-efforts/29334 "2025-05-29T23:22:32Z") **Posts on this page:** 1 **Showing post:** 13
### Author: ![TodayInDeFi](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/todayindefi/32/13505_2.png) [@TodayInDeFi](https://forum.arbitrum.foundation/u/TodayInDeFi) #### Post date: [June 11, 2025, 8:20am UTC](https://forum.arbitrum.foundation/t/arbitrum-treasury-management-council-consolidating-efforts/29334/13 "2025-06-11T08:20:17Z")
Hi this is Brook from TiD Research. Thank you for this proposal to streamline Arbitrum’s treasury management. I strongly support consolidating STEP, TMC, and GMC into a unified Arbitrum Treasury Management Council. This restructuring will enhance efficiency and enable more informed, cohesive decisions, preventing issues like those in the Reallocate Redeemed USDM Funds to STEP 2 Budget, where millions in funds sat idle for months. > [@Reallocate Redeemed USDM Funds to STEP 2 Budget](https://forum.arbitrum.foundation/t/reallocate-redeemed-usdm-funds-to-step-2-budget/29335): > > Reallocate Redeemed USDM Funds to STEP 2 Budget Non-Constitutional This proposal has been worked on in collaboration with the entire STEP 2 Committee where consensus was reached on this proposed path forward. Abstract The Arbitrum DAO held approximately $3.5 million in USDM, a yield-bearing stablecoin from Mountain Protocol. This treasury asset purchase was a part of the STEP 1 program. Following Anchorage Digital Acquiring Mountain and the [announced wind-down](https://docs.mountainprotocol.com/usdm-wind-down-overview) of USDM, the Arbitrum Foundation h… I have questions for Entropy as the Execution Body regarding the investment mandate for the ~$50M AUM. - Would it be possible to describe how the allocation strategy will look? For example, will the AUM be divided into several sub-portfolios (e.g., stablecoins, ETH, RWAs) to diversify risk and align with the previous mandates of STEP, TMC, and GMC, or will you pursue a single, unified portfolio approach? - What are the key mandates guiding the allocation decisions—such as target yield ranges, risk tolerance levels, or ecosystem growth priorities (e.g., favoring Arbitrum-native protocols, as suggested by Camelot and JoJo)? - Will we maintain the distinct focuses of STEP (RWAs), TMC (ARB/stablecoins), and GMC (ETH), or integrate them into a new strategy? - Providing details on these aspects might help the community understand the vision for treasury optimization. I also strongly support the “DAO’s Checking Account” under the Arbitrum Foundation’s management, which addresses stablecoin shortfall issues caused by ARB price volatility, as highlighted in the [TMC Stablecoin Withdrawal Process](https://forum.arbitrum.foundation/t/tmc-stablecoin-withdrawal-process/28877) and [HCP Top-Up](https://forum.arbitrum.foundation/t/proposal-non-consitutional-top-up-for-hackathon-continuation-program/29064). - Would it be possible to clarify how the account will be funded moving forward (e.g., through treasury yields, ARB conversions, or periodic DAO proposals)? - What are the general guidelines for the management of the account? The proposal mentions that proposers should contact AF to access these funds before a vote, but what specific criteria will AF use to determine eligibility? - Greater visibility into these criteria might help to streamline future proposal development. --- _[View the full topic](https://forum.arbitrum.foundation/t/arbitrum-treasury-management-council-consolidating-efforts/29334)._