# \[Non-Constitutional\] Treasury Management v1.2 **URL:** \ **Category:** Finalized AIPs\ **Created:** [September 30, 2024, 12:42am UTC](https://forum.arbitrum.foundation/t/non-constitutional-treasury-management-v1-2/26967 "2024-09-30T00:42:46Z")\ **Posts on this page:** 1\ **Showing post:** 23
**Author:** ![0xAlex](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/0xalex/32/5325_2.png) [@0xAlex](https://forum.arbitrum.foundation/u/0xAlex)\ **Post date:** [November 1, 2024, 2:40pm UTC](https://forum.arbitrum.foundation/t/non-constitutional-treasury-management-v1-2/26967/23 "2024-11-01T14:40:10Z")
Thank you for this great proposal ! I agree that Arbitrum DAO requires effective Treasury Management for its long-term sustainability, including using stablecoins to pay service providers and generating ‘safe’ yields on ETH. I believe that Treasury Management should be conducted by a single entity with clear objectives rather than by two committees. I understand your answer about the rationale of having two committees with different skill set but imo it is crucial to have a macro overview and a comprehensive perspective that oversee the balance between ETH exposure, stablecoins, and ARB tokens. I guess the OpCo position you mentioned will be accountable and will have this role and responsibility ? The following comments are more ideas that can be useful for the future TMC and GMC: Regarding the conversion of ARB to stablecoins, which could impact its price, have we considered using ARB tokens as collateral on AAVE to borrow stablecoins? There is still a capacity for supplying 12 million ARB before reaching the cap, as seen here:[AAVE Reserve Overview](https://app.aave.com/reserve-overview/?underlyingAsset=0x912ce59144191c1204e64559fe8253a0e49e6548&marketName=proto_arbitrum_v3) this could be a way to get Stables without selling ARB token. To demonstrate alignment with Ethereum, it could be good to allocate ETH to some LSTs/LRTs that support minority Clients to avoid having one that represents \>66% of the total. You can learn more about this in [this tweet](https://x.com/JuanSamitier/status/1762917673787384256) from our Treasurer at Kleros Cooperative, Juan. Good to see Arbitrum DAO moving forward with Treasury Management ! --- _[View the full topic](https://forum.arbitrum.foundation/t/non-constitutional-treasury-management-v1-2/26967)._