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The Arbitrum Treasury and Sustainability - Working Group, funded by Plurality Labs and led by Thedevanshmehta and Sids2000, aims to manage the DAO's treasury by diversifying assets, mitigating ARB token price impacts, and transforming grants into investments, with the community showing strong support and involvement. The group operates independently, plans to provide bi-weekly updates, and collaborates with service providers who have received grants to research effective treasury management strategies.
The Arbitrum Treasury and Sustainability - Working Group is a community-led initiative focused on managing and diversifying the Arbitrum DAO treasury, which holds a substantial amount of ARB tokens. The group's objectives include mitigating the price impacts from ARB distribution, diversifying treasury assets, effectively utilizing sequencer fees, and transforming grants into investments. The working group, funded by Plurality Labs and spearheaded by Thedevanshmehta and Sids2000, is tasked with researching best practices, engaging with service providers, and making recommendations on financial tools and practices. Their independence is emphasized, with Plurality Labs providing initial funding but not influencing the group's direction.
The community has shown a positive response, with members and organizations offering support and expressing interest in the initiative. Contributions from various community members include:
###) Why this is positive?
We have not been able to determine whether this will be negative.
Posted 2 months ago
Last reply 6 days ago
Summary updated 5 days ago
Last updated 04/12 00:18