Proposed Allocation to stETH from ARCx Treasury

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Hi all,

@HelloShreyas and @schlabach here from Llama, which provides treasury management as a service for DAOs and protocols.

We wanted to share that we’ve proposed a $25k allocation to stETH from ARCx’s treasury. We chose stETH so we could earn yield while keeping things relatively simple for now.

You can check out the full proposal here: Introducing ARCx Growth Allocation I: Deploy Treasury Productively - Improvement Proposals - ARCx. Would love any thoughts or feedback that Lido has on this!

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Great to hear! Good choice for you first allocation program, and it’s a compliment to be among the first chosen projects.

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