Arbitrum DAO’s GMC proposes investing 7,500 ETH in Lido, Aave, and Fluid, raising concerns about neglecting ecosystem-native projects.
The community questions if the DAO should prioritize internal development instead of allocating funds to external DeFi protocols.
The Arbitrum DAO Growth Management Committee (GMC)’s recent plan to distribute 7,500 ETH to three decentralized finance protocols, Lido, Aave, and Fluid, has stirred fierce controversy. The problem? None of the protocols are from Arbitrum’s native ecosystem.
Some members of the community view this as a mistaken action benefiting outside projects instead of helping the development of their own ecosystem. Conversely, the GMC contends that more certain returns and security issues guided their decision.
Should Arbitrum Support Its Own Ecosystem First?
About 5,000 ETH will be invested in the liquid staking method Lido out of the 7,500 ETH suggested overall in the proposal. These later funds will be turned into wstETH and
