The Arbitrum DAO proposal to invest 7,500 ETH in non-native projects has sparked controversy within the community

2025-02-24 08:43:24

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According to ChainCatcher, The Block reported that the Arbitrum DAO Growth Management Committee (GMC) recently proposed to invest 7,500 ETH in three non-Arbitrum native protocols: Lido, Aave, and Fluid, which has sparked strong controversy within the community.

The specific investment plan includes investing 5,000 ETH in Lido to acquire wstETH, which will then be deposited into Aave V3, with an expected annual yield of 4.54%; additionally, 2,500 ETH will be invested in the Fluid lending platform, with an expected yield of 1-2%.

Several DAO representatives criticized the proposal for overlooking Arbitrum ecosystem native projects, suggesting that at least 10% of the funds be allocated to local protocols. The proposal will be voted on next Thursday.

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