Arbitrum Treasury Management Council - Consolidating Efforts

[jameskbh]

Thanks for the proposal!

IMO this is long overdue, and it is great that the DAO is seemingly willing to move towards this direction.

I have a few questions:

@Entropy

Entropy Advisors will have the autonomy to make decisions with funds pre-approved by the DAO, but all decisions must be passed by the OAT with ⅗ approval. Any decision that does not receive ⅗ approval from the OAT will be considered denied and no funds will be allocated. This includes reallocating from one asset/strategy to another, thus giving the DAO the ability to respond to changing market conditions and to hold vendors accountable. Any/All fund movements will be accompanied with an update on the forum in order to keep the wider community informed. Again, this process only pertains to funds that have already been approved for allocation by the DAO, but the standard governance process will always be required to earmark funds for deployment.

Regarding the funds already deployed:

• I don’t see any mention of monthly reports like the ones done for STEP I. Who would be in charge of that for the other initiatives and for STEP I after the current funding ends in September?
• The DAO voted for specific allocations for STEP II and TMC & GMC. If there is anything that has not already been deployed, will it be changed before the initial allocation? While I like the idea of Entropy eventually optimising the portfolio, I believe this should be done AFTER the initial deployment. Can you clarify this point?