Arbitrum DAO has two significant on-chain votes closing this week. According to the Arbitrum forum’s November 2 roundup of active and upcoming votes, a proposal to transfer 1,800 ETH from the treasury ends on November 12. Of that, about 1,714 ETH would go to the TM Portfolio to restart its covered call strategy, and about 86 ETH to the Arbitrum Developer Guild, funded from Timeboost and PGA revenue. The total rose from 1,700 ETH after the temperature check to include ETH accrued since the off-chain vote. CoinDesk’s week-ahead column lists the same vote and dates.
The second proposal, ending November 13, would adopt USDG as a core strategic initiative of the DAO. It adds 100 million ARB from the treasury to the DRIP incentive budget and changes season structure, permitted activities and timelines. It also lets the Arbitrum Treasury Management Company deploy assets for USDG growth, and routes Arbitrum Foundation fee income, net of 20% allocated to the Developer Guild, to the TM Portfolio for conversion into USDG.
The Defiant reported on October 6 that Paxos’s USDG launched natively on Arbitrum One, with Fluid, Morpho, GMX, Maple and Kraken named as launch partners, and that about 63.7 million ARB in the existing DRIP program was still unspent. The sources reviewed give no vote tallies yet, and the outcomes are not known.
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Sources:
Arbitrum Forum: Roundup of Active/Upcoming Votes, Nov. 2, 2026
The Defiant: Arbitrum adopts Paxos USDG as its ecosystem dollar
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