The @arbtreasury WG published a report $ARB, courtesy @hodler69420
TL;DR
1/ ARBs onchain liquidity across all DEX is better than whats found on CEX
2/ At $1.35, half of wallet addresses holding ARB will be in profit or breakeven
3/ Mcap has grown even if price fell
🧵
After meeting @rsousamarques & @Coltron_eth at dappcon, I wanted @karpatkey to work on @arbitrum's treasury
We gave them a 10k ARB grant & I'm amazed at their execution
If you can't join our space , here's a 🧵 with key highlights from their report
https://t.co/YH5QxNLY4M
Latest on Arbitrum's STEP 1 diversification framework
- screening committee for applicants
- snapshot ranked choice voting to select top 2-3 providers
- interest given to DAO as USDC
- waiving requirement of launching on arbitrum
More in 3 hours!
https://t.co/jj8zxb9yQS
Join us today at 3:00pm UTC as Ondo Finance's President and COO, @JustinUS, discusses the potential diversification of @arbitrum's treasury through tokenized US Treasuries products.
In September, @DisruptionJoe approached me with an irresistible offer : to diversify @arbitrum's treasury, nearly 3.5 billion ARB
With the launch of our framework to select tokenized RWA's offering the risk free rate of return, we have taken the 1st step towards this goal. A 🧵
Set a reminder for my upcoming Space! This Thursday 330 pm utc
we'll be talking about our analysis on a budget to prevent $ARB price impact from grants & also the plan of action for our service providers @aerafinance , @karpatkey & @avantgardefi
https://t.co/BmDGBdHHzp
Set a reminder for my upcoming Space!
We'll be talking about the price impact on $arb due to STIP, whether to backfund dapps passing the vote & go for STIP-II
We'll also be announcing the service providers who will research our treasury requirements
https://t.co/DXdDFWSPR9