Governance, process, and community approval

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A committee of community-elected members recommended ArbitrumDAO’s STEP 2 allocation of 35 million ARB to Franklin Templeton, Spiko, and WisdomTree to optimize fees, risk exposure, TVL, and community participation.

ArbitrumDAO members overwhelmingly approved the STEP 2 allocation of 35 million ARB to tokenized U.S. Treasurys, with nearly 89% voting in favor, 0.01% against, and approximately 11% abstaining.

ArbitrumDAO allocated 35% of its STEP 2 Treasury deployment to Franklin Templeton’s FOBXX and Spiko’s USTBL each, and 30% to WisdomTree’s WTGXX, following a review of over 50 proposals.

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