We vote for “#1 Deploy Both Strategies” as the first choice and #3, #2, #4, Abstain for the rest in order.
The selected partners, Karpatkey, Avantgarde (and Myso), and Gauntlet, have demonstrated strong track records in managing treasury assets in other DAOs. We believe they (Gauntlet only for stable) should be able to manage both stablecoin and ARB strategies to be executed with a focus on risk-adjusted returns and liquidity.
Regarding the stablecoin management, it’s very critical to carry out the strategies to start improving the sustainability of the DAO operations. Those three strategy proposals and their fee structures make sense to us.
Regarding the ARB management, while TMC has stated their stance on being risk averse to the ARB allocation itself, we agree with @Avantgarde on their view as we have reviewed and approved a similar proposal done in Compound, are also resonated with @karpatkey’s explanations and approach, and we strongly believe it’s worth trying out the proposed strategies to strengthen the DAO treasury.
Regarding the way of this voting being structured, we echo opinions from other delegates; we believe it should have at least two separate votes and better titles for both.