Thank you for your comments, JoJo.
We wanted to point out that the last quote in your comment has been changed after conferring further with the Arbitrum Foundation on the best path forward.
On the point of sacrificing a bit of yield to support our most important protocols - the goals of funding requests will be very clearly outlined in the proposals the DAO votes on. In TMv1.2, we made the mistake of conflating the goals of the funding request with growth and passive yield, which we intend to make much more clear moving forward when submitting requests for funds (which eventually, the OpCo will actually do). Ultimately, the DAO will determine via vote what the goal of each funding allotment will be, which will steer allocation decisions.
Additionally, given the diversity of the OAT, we feel confident the goals set out by the DAO will be strictly enforced. We definitely agree that supporting our most important protocols is of utmost importance. Whether that is achieved through treasury management or other programs will ultimately be up to the DAO.