I’m glad we’re finally moving away from Balancer.
While CRV is a leading project, it’s important to not conflate the motivation:
This is not the reason – nor is it healthy to anchor this proposal on this position / person. The reason Aave can “support” (aka acquire at a lower price) is that CRV got hacked and is discounted.
While it’s important to maintain strong relationships and be good actors in this space, I’m not sure this is best to entirely guide our treasury strategy during times of volatility:
My personal opinion is to optimize for longevity and create treasury diversity beyond digital assets. RWA exposure, debt, etc – I’m excited for proposals and teams who are starting to think about this.
Stablecoins are a great opportunity to do that – and would rather see them used this way.
I’d be more supportive of swapping ARB (or a non-stable asset) for CRV in this instance.