[Non-Constitutional] Treasury Management v1.2

The following reflects the views of L2BEAT’s governance team, composed of @krst and @Sinkas, and it’s based on the combined research, fact-checking, and ideation of the two.

We’re voting FOR the proposal in the temperature check.

Having discussed this proposal extensively with both Entropy Advisors and other Arbitrum delegates, we believe that this is a meaningful and reasonably contained experiment that will provide us with important lessons on how to approach treasury management in the future.

In this case, we like the fact that the board members are pre-appointed as part of the proposal, as ultimate success depends on the competence and effectiveness of these specific teams working for both pathways. We believe that Entropy’s vetting and selection of the right teams increases the chances of success and also ensures clear accountability - as these teams are pre-appointed and have mandate from the DAO, they have been provided with everything we could provide to ensure their success.

We also want to ensure our full support as delegates along the way and hope to have a good, healthy relationship with them during their term. We hope that they will present their progress and be available for questions and feedback from delegates during the monthly GRC calls.

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