Michigan Blockchain Delegate Communication Thread

[Michigan_Blockchain]

March Voting Update

TMC’s Proposed Allocations

Our voting order goes as (#3, abstain, #4, #1, #2). We initially wanted this proposal to be split into two separate proposals that directed the TMC’s allocation for the Stablecoin strategy and Arbitrum strategy. We feel that Gauntlet and Karpatkey in particular are excellent partners, and the projected returns for the used Stablecoin protocols give confidence that outweighs the concerns of depegging that could occur. Our main opposition to the ARB strategy comes with the current market condition…

(missed vote but are still in support of results)