TMC Recommendation
$25 million ARB allocated (in Treasury Management):
- $15 million for stable strategy
- $10 million for ARB strategy
Stables: divided into 3 parts (three different managers):
- AAVE for potential 8%
- DeFi (Pendle, Uni, GMX, etc.) for potential 12-20%
- DeFi (almost the same) for potential 5-15%
ARB: into 2 parts (also different managers):
- Myso strategy for call options 7-20%
- Myso strategy for call options 30% (the manager later wrote that this is not quite the correct percentage, it is significantly less, about 10%)
The committee itself doubts the ARB strategy, because it can simply lose ARB with a sharp increase in the ARB price.
However, it seems to me that if this happens, this is essentially a conversion of ARB into stables, which will take place at a higher price than the 15 million ARB that will now be transferred to stables and this could potentially be more profitable.
So I voted:
Votes:
- #1 Deploy Both Strategies,
- #3 Only Deploy Stable Strategy,
- #2 Only Deploy ARB Strategy,
- #4 Deploy No
Platform: Snapshot