While the proposal introduces potential yield strategies for the treasury but after carefully reviewing the two service providers and the current market conditions, I’m voting NO, Deploy Nothing this proposal.
Well, covered calls could generate up to 30% returns, but that heavily depends on market liquidity and price volatility, which nothing is guaranteed. Locking up 10M ARB in this strategy feels too risky at this stage.
I believe it’s too soon to commit such a large amount. A more cautious approach with further analysis would be wiser. Hopefully 3 months is enough to get a read on it