March 2024
TMC’s Proposed Allocations
I will be voting YES on both options or mainly supporting the #1 Deploy Both Strategies option on Snapshot. The rest of my RCV will be: #3, 2#, Abstain, #4, in that order.
First, my reasoning for supporting the ARB strategy is that selling pressure FUD isa bit overblown given what the market already dumps on its own naturally. Also, while finding proper insurance is a tough ask, I think the TMC’s numbers have been laid out sufficiently well for us to back this option to alleviate current downside.
Regarding the stablecoin strategy, I believe the same applies here. The TMC is not proposing anyting out of this world that the most finance saavy here don’t do already to some degree. Optimizing and testing out these strategies is key so that we can deploy them quicker moving forward. Yes, there’s a inherent risk to both, but we’ll never be able to fully cancel those risks out and we also have to consider the opportunity cost for not implementing either proposal.
[CONSTITUTIONAL] - Adopt Timeboost + Nova Fee Sweep
Once again, I am voting FOR on Tally. Sentiment is the same as when I voted on Snapshot, this a no brainer that generally improves the network and adds extra treasury funds. Not much else to add.
[NON-CONSTITUTIONAL] Arbitrum Onboarding V2: A Governance Bootcamp
I will be voting FOR on Tally. My reasoning being the following: I became active in the forum around the time this was first pitched and have joined the DIP since then. Creating proper resources for those who want to somehow contribute or work on the DAO or Arbitrum as a whole would help a ton of people through this process, as opposed to having to figure everything out themselves.
Building an evergreen curriculum and reusable materials can help anyone get started way quicker, even outside the bootcamp.
Seeing as initial budget concerns have been -at least- partially addressed, I can definitely back this initiative.