📢Blockchain News Flash! Arbitrum has launched a pilot proposal to authorize Arbitrum DAO to use ARB to lend stablecoins and make grants and investments. 🚀

According to the Snapshot governance interface, Arbitrum has $3.8 billion worth of ARB tokens in its treasury. The proposal emphasizes that long-term diversification is key, but the community now also needs to obtain funds for grants, financial management, mergers and acquisitions, and other operations. Developing a stablecoin lending strategy provides Arbitrum DAO with more options and power. 💰

However, data shows that the proposal has an opposition rate of nearly 80%, and voting will end on June 18. 📊

Although it seems that the possibility of this proposal passing is small at present, we are still optimistic about the prospects of Bitcoin. 👍

Stay tuned with us for more blockchain global regulatory dynamics, industry trends, and cryptocurrency news! 🌐