[TEMP CHECK] Convert $2M of ARB in Stablecoins

Hi @0xkeyrock.eth,

Has any consideration been given to other use cases for ARB ?
One potential consideration is allocating a portion to Aave Grants DAO. This way Aave DAO would retain stables or AAVE whilst using ARB to reward builders who drive value and revenue to the DAO via Aave Protocol.

Options:

  • Transferring a portion to AGD and receiving back the AAVE - mainnet
  • Next funding round sending ARB instead of AAVE or Stables to AGD

The second option could be considered an Arbitrum Network budget which aligns with the Optimism focused OP airdrop reward allocation, linked below.

Something to note, the Curator relies on Cowswap and Milkman in order to execute the swaps with MEV protection and defined price impact limits. An alternative method for Arbitrum would need to be created to perform swaps. Perhaps Paraswap is a viable alternative and for this a new swaps contract would need to be developed.

The below is the AGD funding on mainnet.
Screenshot 2023-08-14 at 19.31.22

More details on Optimism here.

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