While I do get the concerns people have one should not forget that this isn’t the everything the DAO has. This is simply a good start to use idle assets and generate revenue. And they simply go the EF way. Making sure that yield is high but risk very low. And no one can argue that Lido & Aave aren’t safe.
You cannot say it for Fluid maybe, but for now they are doing an outstanding job and I understand why they got chosen, additionally they offer good yield.
And this yield can be used in the future to boost arbitrum native protocols as well.
Most lack the understanding that you need to start somewhere and you usually choose the safest place instead of high risk. And no TVL will be gone. It will still be on the Arbitrum chain, offering protocols like Contango or other ones on Arbitrum more and deeper liquidity which helps them as well.
In the future there could be a vote to reserve 10% of those assets for Arbitrum native protocols but in the end I would always go the safe way with the majority. That’s what most of you probably do as well with their private portfolios.
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