Arbitrum DAO has four active temperature check votes scheduled to end on Oct. 22, according to a roundup from the Arbitrum Foundation governance forum. The proposals cover Ethereum Glamsterdam upgrade compatibility, an L1 governance recovery mechanism, a treasury ETH transfer, and a strategic plan tied to USDG. One proposal from Entropy would make USDG one of Arbitrum DAO’s core strategic initiatives and add an extra 100 million ARB from the DAO treasury to the DRIP budget, while also changing the project timeline and permitted uses of funds. The proposal also calls for routing AEP net fees into ATMC and converting them into USDG to support USDG growth on Arbitrum. The update was reported by ChainCatcher.
Arbitrum DAO has four active temperature check votes that are due to close on Oct. 22, according to a roundup from the Arbitrum Foundation governance forum. The items cover Ethereum Glamsterdam upgrade compatibility, an L1 governance recovery mechanism, a treasury ETH transfer, and a USDG strategic plan.
Details of the USDG proposal
Among them, Entropy has proposed making USDG one of Arbitrum DAO’s core strategic initiatives. The proposal would add an extra 100 million ARB from the DAO treasury to the DRIP budget, while also adjusting the project timeline and the allowed uses of the funds.
It also proposes routing AEP net fees into ATMC and converting them into USDG to support USDG growth on Arbitrum.
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