TMC’s Proposed Allocations

I voted FOR, with “#3 Only Deploy Stable Strategy” as the top choice, and “#1 Deploy both” as the second choice. As noted in the today’s Open Discussion of Proposals call, stablecoins are needed in our treasury to pay, for example, service providers.

I trust that TMC partners will be able to convert ARB to stablecoins in a way that least impacts the price. If service providers are paid in ARB instead, they will simply sell it on the market which is the least preferable way of converting ARB to stablecoins.

This is why it’s better if ARB-to-stablecoin conversion is done through an initiative such as TMC, which should affect price less than just dumping ARB on the market.

Btw, next time I suggest that you make a better title for the proposal. I imagine there may be some other TMC recommendations in the future, so you could have at least named it “TMC Recommendation 1”, or “TMC Recommendation March 2025”.

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