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Arbitrum DAO proposes to invest 7500 ETH in non-native projects sparking community controversy

On February 24, TheBlock reported that the Arbitrum DAO Growth Management Committee (GMC) recently proposed investing 7500ETH in three non-Arbitrum native protocols, Lido, Aave and Fluid, which triggered strong controversy in the community. The specific investment plan includes investing 5000ETH in Lido to obtain wstETH, and then depositing it in AaveV3, with an expected annualized rate of return of 4.54%; another 2500ETH will be invested in the Fluid lending platform, with an expected rate of return of 1-2%. Several DAO representatives criticized the proposal for ignoring the Arbitrum eco-native project and recommended allocating at least 10% of the funds to local agreements. The proposal will be put to a vote next Thursday

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