The following reflects the views of GMX’s Governance Committee, and is based on the combined research, evaluation, consensus, and ideation of various committee members.
As discussed earlier, we are in favor of supporting the Stablecoin Strategy. It is a great way to put the DAO’s funds to work and generate additional revenue for the treasury. Diversification through a 33/33/33 allocation ensures a balanced approach to risk management while maximizing returns across different protocols. All three service providers—Karpatkey, Avantgarde and Gauntlet—are highly capable and have demonstrated strong track records based on their past work.
We strongly support the Stablecoin Strategy and will vote yes in favor of the proposal.