Arbitrum DAO has multiple governance proposals entering voting, including an additional 100 million ARB to support the USDG ecosystem

According to the summary from the Arbitrum Foundation governance forum, the Arbitrum DAO currently has 4 temperature check votes ending on October 22, involving the Ethereum Glamsterdam upgrade adaptation, L1 governance recovery mechanism, treasury ETH transfer, and USDG strategic plan.

Among them, the Entropy proposal suggests setting USDG as one of the core strategic plans of the Arbitrum DAO and additionally allocating 100 million ARB from the DAO treasury to the DRIP budget, while adjusting the project cycle and allowed uses. Furthermore, it is proposed to direct the net fees from AEP into ATMC and convert them into USDG to support the growth of USDG on Arbitrum.