I have voted “For” this proposal on Tally. My opinions have largely remained unchanged from my comments above & above.
I believe treasury diversification is important to the longevity of a DAO, and this is a good first step towards that. It’s crazy to think around a year has already gone by since the DAOs inception and yet we’ve not had much discussion or action on Treasury diversification. So at a minimum it will be nice to get some inertia going on this.
An added benefit will be to also provide Arbitrum a chance to enter into the RWA space. Something that based on Blackrock’s recent investments into RWA on Ethereum is something worth exploring. Since the DAO is keeping these assets within the treasury, we have a good opportunity to kickstart this project with little cost to the DAO. On the whole, this feels like a win-win project.
I am partly in agreement regarding the changes to the cost between the Snapshot and Tally vote. I do think these costs should be explained better and they do feel sort of ‘tacked on’ last minute without much clarity. However, upon further discussion I can see the logic in the change — after feedback was incorporated, the expected costs have gone up. Plus, I do not want to see the entire project be derailed over something like this. So while it’s not an ideal situation, I think ultimately the benefits of a project like this outweigh this issue.