# Non-Constitutional: Stable Treasury Endowment Program 2.0

**URL:** <https://forum.arbitrum.foundation/t/non-constitutional-stable-treasury-endowment-program-2-0/26819>\
**Category:** Finalized AIPs\
**Created:** [September 17, 2024, 9:33am UTC](https://forum.arbitrum.foundation/t/non-constitutional-stable-treasury-endowment-program-2-0/26819 "2024-09-17T09:33:22Z")\
**Posts on this page:** 1\
**Showing post:** 70

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**Author:** ![0x\_ultra](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/0x_ultra/32/236_2.png) [@0x\_ultra](https://forum.arbitrum.foundation/u/0x_ultra)\
**Post date:** [January 16, 2025, 4:03pm UTC](https://forum.arbitrum.foundation/t/non-constitutional-stable-treasury-endowment-program-2-0/26819/70 "2025-01-16T16:03:33Z")

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I’m voting FOR this proposal after carefully weighing the pros and cons. While I acknowledge some concerns raised about potential overlap with the Treasury Management Committee initiative or OpCo, I’ve decided to support this proposal. Although it may not be a perfect solution, it provides a path towards financial sustainability for the DAO and leverages the expertise of a proven team. I believe that RWA represent a crucial investment opportunity and are key to the long-term stability and appeal of the ecosystem.

Besides that, I agree with @Jojo that this should be the last iteration of the STEP program in its current form. Moving forward, we should focus on developing a well-structured handover plan that ensures the necessary expertise is retained - whether through OpCo, TMC, or an alternative solution.

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