I have voted 100% for Steakhouse.
Simply put, it seems Steakhouse has the most experience and the most impressive application of the four running. I think that is very important given the stage the RWA proposal is at right now, and look forward to what they can bring to the DAO.
With the understanding Steakhouse is technically the most expensive, I think the cost difference in the 8+ provider scenario is negligible and worth the extra experience brough to the project (125k / 150k / 155k vs Steakhouseās 174k). As ultimately itās a question of $20k to $40k difference.
I recognize others have expressed concerns about conflicts of interested, but I am satisfied with @thedevanshmehta 's answer above and donāt have concerns about it to the point Iād not vote for them
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The below response portrays the views of the @AranaDigital governance team, represented by @farfel.eth.
We first want to thank all applicants for their effort and communication throughout this process. All four teams have extensive experience and would be great contributors to this program and the Arbitrum DAO. With that said, we are voting 50% for @steakhouse, 50% @Avantgarde for this Snapshot proposal. Steakhouse Financialās team has extensive experience with DAOs, proven expertise in RWA monitoring, and comprehensive reporting capabilities making them a top choice for the STEP program. Avantgarde brings strong experience with DAOs and comprehensive monitoring capabilities. Their depth of knowledge in both traditional finance and blockchain makes them a very strong candidate.
We recognize that there have been concerns about conflicts of interest, but we believe the teamās transparency and willingness to maintain clarity throughout the program are more than satisfactory.
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Thanks to everyone for taking your time to evaluate our candidacy. We appreciate everyone who participated and especially those who reached out to learn more about us. We wish Steakhouse the best of luck and look forward to supporting the DAO in other ways going forward.
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Congrats to @steakhouse for winning the position, the program is in good hands going forward. Iāll be working with them after the committees recommendations are approved on ensuring a smooth handoff to them.
I also thank all the other participants competing for the position. While the end outcome is disappointing, I do hope the increased brand awareness of your organization among Arbitrum voters made it a worthwhile exercise!
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I voted for Avantgarde and Steakhouse financial because I think they have the most relevant experience for this role. I weighted Avantgarde higher (75%) because I agree with their point that āSince Avantgarde was not part of the screening committee for the service providers, we feel we are in a good position to act in an unbiased way in monitoring the providers selected, and can provide an additional independent level of oversight beyond the opinions provided at the screening stage.ā
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First things first, we want to thank all applicants for submitting comprehensible and detailed appeals. Our vote is in favor of steakhouse.financial, because when we examine their track record, they look suitable for the position and we think they will do a great job for the Arbitrum. When it comes to budget, the amount looks reasonable as well.
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The Treasure ARC, after reviewing the applicants, voted for steakhouse.financial with the opinion that due to their extensive web2 and web3 experience are best suited to oversee the program.
Budget is in line with reasonable expectations and the potential conflicts between their role as program manager and their role on the selection council are not material.
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Below are the opinions of the UADP:
We split our votes three ways between the above entities. Steakhouse and Avantgarde have a strong reputation in the space and good track record with other DAOs. Due to our familiarity with them, we are equally giving them ā
of our votes. The group that we had the least familiarity with was Particula, but after reviewing their application and reading their previous deliverables like the Ondo review, we believe that they are qualified to be the manager of this program as wellāso we gave them the other third.
Note: one of our members has a COI with Steakhouse and has therefore not been involved in this vote.
DAOplomates voted 100% for Steakhouse.
There were really good candidates but we decided to go with steakhouse because they have a pretty solid reputation, coupled with very extensive experience in RWA monitoring. They also have deep conversancy with protocols in Arbitrum, which shows how involved they are within the Arbitrum ecosystem. This solidified our rationale even further.
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