Thanks for putting up this proposal to improve the operational efficiency of funding for initiative.
We value positively the processes outlined in the proposal. Explicitly mentioning the intention to request funds from the TM Track in the proposal helps its visibility. We agree with @danielo that if only yield is available to withdraw for project shortfall, the fund becomes less useful. As an example, it could currently serve the Hackathon Continuation Program using principal from the fund, but not yield as not enough has accumulated. We like @Chris_Areta’s suggestion of a certain claimable % as a middle ground.
Ultimately, covering project shortfalls is a remedy to the symptom but not the cause, which is the fall of dollar-denominated value below the requirements of project funding. A more active management of these idle $Arb funds while in custody can minimize project shortfall and dedicate yields from TM Track to further initiatives.