DeFi· ★★★· bullish·

Arbitrum proposal would add Paxos USDG to core strategy with 100M ARB boost

  • —Proposal would add 100 million ARB from the DAO treasury to the DRIP incentives program
  • —Arbitrum Expansion Program fee revenue would be converted to USDG via the ATMC
  • —Paxos-issued USDG would become part of ArbitrumDAO's core strategy
  • —Off-chain temperature check vote ends October 22
Why it matters: If passed, USDG becomes Arbitrum's anchor stablecoin while 100 million ARB deepens DeFi incentives on the network.
Source: PANews