Updating my thoughts based on the feedback by Sam Martin (@swmartin) on today’s Governance call.
As per Sam, Entropy will not define in the Tally proposal how exactly ARB will be liquidated for stablecoins. Instead, this will be a task for the TMC committee after (if) the Tally vote passes.
The good thing is that TMC will put their plan of ARB liquidation on the Snapshot vote, so if DAO members don’t agree with it, ARB will not get liquidated in that way.
To me, this is sufficient enough, so I plan to vote FOR the proposal on Tally.
cc @Tekr0x.eth and others who had concerns over this point.