# GFX Labs Delegate Communication Thread

**URL:** https://forum.arbitrum.foundation/t/gfx-labs-delegate-communication-thread/13794
**Category:** Delegate Statements
**Tags:** delegation, delegate-statements
**Created:** [April 12, 2023, 10:44am UTC](https://forum.arbitrum.foundation/t/gfx-labs-delegate-communication-thread/13794 "2023-04-12T10:44:42Z")
**Posts on this page:** 1
**Showing post:** 97

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### Author: ![GFXlabs](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/gfxlabs/32/321_2.png) [@GFXlabs](https://forum.arbitrum.foundation/u/GFXlabs)
#### Post date: [September 30, 2025, 2:45pm UTC](https://forum.arbitrum.foundation/t/gfx-labs-delegate-communication-thread/13794/97 "2025-09-30T14:45:10Z")

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**1 Poll Closing October 2, 2025**

[Transfer 8,500 ETH from the Treasury to ATMC’s ETH Treasury Strategies  
 ](https://snapshot.box/#/s:arbitrumfoundation.eth/proposal/0x15d7bef4adb076e13fbbc0941543eb93cff9512e2c83ada0498ef1df290c67a5) **Summary:** This proposal asks ARB holders if they support transferring 8,500 ETH to be managed by the Arbitrum Treasury Management Council.

**Recommendation: Vote Against.** [As we noted here](https://forum.arbitrum.foundation/t/transfer-8-500-eth-from-the-treasury-to-atmc-s-eth-treasury-strategies/29983/2), the ATMC is underperforming simply holding stETH. Given the increased risk profile and lack of risk premium, we do not support transferring additional funds to the ATMC.

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_[View the full topic](https://forum.arbitrum.foundation/t/gfx-labs-delegate-communication-thread/13794)._