Without delving into the details (such as the amount of ARB to deploy or the proposed fees), I really like the direction of this proposal.
One thing I would like to see is the integration of this proposal with the rest of the DAO’s initiatives. I see the role of treasury manager, not for a specific allocation, but for the DAO, establishing north stars with particular mandates.
You identify the necessary revenue to sustain the current expenses. Now, let’s imagine your proposal is approved, and you start deploying the capital and achieving those revenues. However, the DAO continues to approve high budgets for expenses, making it unsustainable all over again.
What I mean by this is that, in my opinion, the role of the treasury manager should take on a more general and long-term position within the DAO. This includes identifying the DAO’s needs and providing a professional opinion on each proposal that involves an expense, specifically regarding its sustainability.
In the past, you had already raised the need to determine the medium and short-term objectives and align them with the principles outlined in the Arbitrum constitution:
I believe that discussion is key before proceeding with this significant diversification.
Of course, all things (treasury management, objectives, and diversification) could be all objects of this proposal.
But first, I would like the discussion around what are the DAO’s short, mid, and long-term objectives and then a guarantee that the person executing this significant diversification will have a voice and an opinion on the rest of the future expenses so that the delegates can understand how spending proposals impact the treasury and its sustainability.