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Arbitrum DAO proposes to invest 7500 ETH in non-native projects sparking community controversy

The Arbitrum DAO Growth Management Committee (GMC) recently proposed investing 7500 ETH in three non-Arbitrum native protocols, Lido, Aave and Fluid, which sparked strong controversy in the community. The specific investment plan includes investing 5000 ETH in Lido in exchange for wstETH, and then depositing it in Aave V3, with an expected annualized rate of return of 4.54%; another 2500 ETH will be invested in the Fluid lending platform, with an expected rate of return of 1-2%. Several DAO representatives criticized the proposal for ignoring the Arbitrum eco-native project and suggested allocating at least 10% of the funds to the native protocol.(The Block)
 

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