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Arbitra DAO proposes to invest 7,500 ETH in non-native projects, causing community controversy

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2025-02-24 00:39:37
On February 24th, according to TheBlock, the ArbitrumDAO Growth Management Committee (GMC) recently proposed to invest 7500 ETH in three non-Arbitrum native protocols: Lido, Aave, and Fluid, causing intense controversy in the community. The specific investment plan includes investing 5,000 ETH in Lido to obtain wstETH, and then depositing it in AaveV3, with an expected annualized return of 4.54%; another 2,500 ETH will be invested in the Fluid lending platform, with an expected return of 1-2%. Several DAO representatives criticized the proposal for ignoring Arbitrum eco-native projects, suggesting that at least 10% of the funds should be allocated to local protocols. The proposal will be voted on next Thursday
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