# Larva Delegate Communication Thread

**URL:** <https://forum.arbitrum.foundation/t/larva-delegate-communication-thread/24476>\
**Category:** Delegate Statements\
**Tags:** delegation, delegate-statements\
**Created:** [May 27, 2024, 3:46pm UTC](https://forum.arbitrum.foundation/t/larva-delegate-communication-thread/24476 "2024-05-27T15:46:40Z")\
**Posts on this page:** 1\
**Showing post:** 35

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**Author:** ![Larva](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/larva/32/1896_2.png) [@Larva](https://forum.arbitrum.foundation/u/Larva)\
**Post date:** [October 1, 2024, 2:53am UTC](https://forum.arbitrum.foundation/t/larva-delegate-communication-thread/24476/35 "2024-10-01T02:53:46Z")

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**Voting** 2024-08-19T16:00:00Z

**[Snapshot] [Strategic Treasury Management on Arbitrum](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x4aa15fd4e3f8f4b270007186a76c1c79f7d3f8a4ae27f6d528666840d8cd477d) - Voted Against**

Diversifying DAO assets is indeed important, but I don’t consider it an urgent matter. ARB can effectively serve as the base asset for Arbitrum DAO. Moreover, 250M is an excessively large amount, and the 1% management fee is too high. This could lead to new issues, such as the management team focusing on their own income rather than the DAO’s interests. Therefore, I am inclined to oppose this proposal for now.

[My comments in original proposal](https://forum.arbitrum.foundation/t/strategic-treasury-management-on-arbitrum/25301/53)

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