Reallocating Idle Funds: Arbitrum DAO Boosts Yield Efficiency in STEP 2 @arbitrum 💪🏻💙

Highlights

🔷 Redeemed $3.5 million USDM (now held as $USDC) after the Mountain Protocol wind-down
🔶 Redirecting funds into STEP 2’s yield-bearing assets
🔷 Estimated 4.5% APY across BENJI, USTBL, and WTGXX @Spiko_finance @FTDA_US @WisdomTreeNews
🔶 Prevents ~$13,000 per month in lost yield from idle capital
🔷 No new funding required, just reallocation of existing assets
🔶 STEP 2 Committee reached consensus on this forward path

🗳️ Voting now live: https://t.co/RREWiqJQ6f

Proposed by @EntropyAdvisors