TMC Proposed Allocations V2 -- ARB Strategy

[ocandocrypto]

As in @web3citizenxyz representation. Voting AGAINST. Below the rationale:

Web3 Citizen Delegate Communication Thread

Snapshot: TMC ARB allocation We are voting Against. As voiced before when we chose Yes stablecoin, No Arb, we will vote against this allocation relying mostly on the TMC’s recommendation. Just holding is not ideal, but we don’t feel enough confidence that the benefits (low yield with upper bound of 4% and high yield relying on finding counterparties) justified additional risks when deploying this large amount of capital. We can get behind the idea of reopening applications for ARB allocations …