The Arbitrum STEP Committee has initiated a proposal discussion on "Injecting 35 million ARB into the RWA ecosystem."

ChainCatcher news indicates that the official governance forum shows that the Arbitrum STEP Committee has initiated discussions on a proposal to inject DAO treasury funds into the RWA sector. The proposal states that in order to avoid excessive dispersion of funds and increase operational or default risks leading to principal losses, the committee has selected 6 products from the previously shared list of 17 candidates. The specific amounts for each provider are mostly based on existing asset management scales.

The proposal suggests achieving a 1% diversification of treasury funds annually through RWA ecosystem growth, with the selected applicants and allocated amounts (ARB) as follows:
Securitize BUIDL - 11 million ARB;
Ondo USDY - 6 million ARB;
Superstate USTB - 6 million ARB;
Mountain USDM - 4 million ARB;
OpenEden TBill - 4 million ARB;
Backed Finance bIB01 - 4 million ARB.

The snapshot voting plan for this proposal will take place on July 1 (Monday), with a comment period of about 10 days.