# Join the veBAL war on Balancer

**URL:** <https://research.lido.fi/t/join-the-vebal-war-on-balancer/2282>\
**Category:** Proposals\
**Created:** [May 30, 2022, 6:08am UTC](https://research.lido.fi/t/join-the-vebal-war-on-balancer/2282 "2022-05-30T06:08:43Z")\
**Posts on this page:** 1\
**Showing post:** 12

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**Author:** ![Chuck](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/chuck/32/32_2.png) [@Chuck](https://research.lido.fi/u/Chuck)\
**Post date:** [June 2, 2022, 3:17am UTC](https://research.lido.fi/t/join-the-vebal-war-on-balancer/2282/12 "2022-06-02T03:17:28Z")

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Yes, I agree that these are two different paths to managing the DAO treasury. These two paths have their pros and cons:

Spending Budget  
Pros:

1. Specific value of costs.
2. It is much easier to manage and less further code development is needed.

Cons:

1. Decreasing the value of the treasury holding.
2. Inflation impact.

Direct Investment with an incentive entitlement right  
Pros:

1. Potential investment rewards may increase the value of DAO treasury.
2. Deeper integrated and collaborated with other DAOs.

Cons:

1. There will be a risk of treasury value losses, and it will bring more uncertainty and difficulty on treasury management.
2. Further contract coding and managing might be needed.

I think this is a topic we can continue discussing and it’s not in a hurry to make the decision. Now the most emergency topic should be [Should Lido on Ethereum be limited to some fixed % of stake?](https://research.lido.fi/t/should-lido-on-ethereum-be-limited-to-some-fixed-of-stake/2225) Maybe we can make more broad discussion after that.

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