Two days ago, GMC Committee (GMC) Dow’s arbitrary Suggest distribution 7500 ETH to Lido, AAVE and fluids.
These are three central financing protocols that are not home to expression, and for this reason, the proposal sparked some discontent within society.
DaO: 7500 ETH dedicated to Lido and AAV
the ProfessionalBoussal In fact, the favorite options share GMC For distribution 7500 ETH.
On December 21, 2024, DAO was introduced to the establishment of two committees, TMC and the GMC. These two new committees were assigned to develop suggestions for the DAO cabinet, where 25 million ARB and 7500 ETH are deposited.
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The GMC committee suggested its allocation 5000 ETH on Lido To get 5000 WSTTH to deposit on AAVE V3Standing on To expressWith the aim of working as a liquidity of LST/LRT throat.
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Also suggest Lending 2500 ETH to liquids To support the ETH -based Dex and lending liquidity.
The purpose of this initiative will be to provide a path for the expression institution to distribute 7500 ETH from the DAO Ministry of DAO to achieve two distinct goals, which are generating low -risk returns on an inactive ETHEREUM, and stimulating the growth of the ecological system.
Since this is the first segment of DAO money, GMC wanted to make sure that DAO started from a solid and stable base, while securing the main partnerships from the beginning.
They write.
“Therefore, we focused on choosing partners of the highest levels of quality with low -risk strategies that allowed DAO boxes to increase their arrival and their impact on the induction ecosystem.”
The proposal to vote will be presented on Thursday on a shot.
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Community reaction
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First of all, it must be said that, so far, it is still just a suggestion, and if it is supposed to fail, the GMC will make a new proposal to Dao of TRBITRUM.
The growth management committee consists of only three members, so it is clear that its proposals may not be appreciated by everyone. In fact, some delegates opposed these recommendations.
The truth is that the beneficiaries of these funds effectively excluded the original protocols of the introduction. In fact, such recommendations have been met with various criticisms from some DAO members.
In particular, what surprised many not the destinations themselves, but the fact that among them there is no original protocol to express. According to some, this will be an indication that Dao is not ready to support developers in expression, or that it is not considered any original project to express well enough.
GMC is accused of choosing the simplest and most beautiful allocation, which is not wrong but wise and excessively conservative, as well as somewhat offset by those who develop on expression.
In fact, the committee has chosen a strong and conservative solution, although there are those who argue, for example, that there are many projects about the expression with less risk or similar to those in the liquid.
Justifications
The first justification for GMC is specifically, being the first chip for the allocation of funds by Dao, the committee wanted to ensure a strong and stable solution.
Moreover, the proposal determines that this is the first round of many future allocations, and that the idea is to constantly re -invest in ETH and Stablecoin from these allocations directly within the Defi ecosystem on expression.
However, the truth is that the first round of financing is those under everyone’s eyes, so this conservative choice risks it as a completely shy option.
Note that the committee chose these three protocols after reviewing up to 45 proposals, including some original protocols for expression such as dolomite, GMX and Camelot.
In the suggestion, they wrote that they also want adventure along the risk curve to increase the return, help in launching emerging protocols, and enhancing the original/alignment/alignment to sensitize the treasury strategy, because it makes sense more so that Dao itself becomes more able to manage positions.
