The proposal could use a better labeling as “Proposal” to get more delegate engagement during the feedback period.
I’m voting NO on the Stablecoin Strategy and YES on the ARB Strategy.
Why I’m Voting NO on Stablecoin Conversion
I trust all 3 candidates to do a good job and I also believe in having a stable strategy plan but the timing to sell ARB into stablecoins is terrible. Trump is likely to deliberately decrease the dollar’s value before negotiating the massive government debt that’s coming due. This is basic leverage in negotiations - devalue what you owe before you pay it back.
Why I’m Voting YES on ARB Strategy
I’ll be voting in favor of the ARB strategy tho still poor risk-reward on the board specially from Karpatkey 20% its quite low but I’ve seen the great work they are doing on ENS and I believe they are playing it safe which its cool. I’m confident on both candidates to play DeFi and bring success to ARB. I would like more transparency on what its going to be done but competence had been shown and we can trust, they are putting reputation at stake.