This proposal is way more straightforward than I initially thought, I think it would be great to confirm that there is buy-in from a few other projects in the ecosystem to use this for their own treasury moves, (even if it’s just with rETH) before throwing down $250k into the research.
At first thought, it doesn’t seem like a good idea for most DAO initiatives, but it does seems suitable for some, specifically investment-style proposals with expected returns or proposals that explicitly have an objective to make ARB number go up. However, there should be stop losses and plans to pay down the loans at specific ARB price targets as part of any proposal that wants to integrate this very cool tool.