The SafeDAO community has launched a proposal for "stablecoin allocation".
According to BlockBeats news on December 23rd, as displayed on the Snapshot governance page, the SafeDAO community has proposed a "Stablecoin Allocation" plan. The proposal outlines the terms of SafeDAO receiving stablecoin allocation from the Safe Ecological Fund ("Foundation") as a reward for holding ARB/OP tokens (held by the Foundation as a legal entity). This funding mechanism enables SafeDAO to support Safe Ecology in initiatives based on the outcome-based resource allocation framework (OBRA) in the form of stablecoins.
The proposed plan will enable SafeDAO to receive USDC allocation from the Foundation, equivalent to the value of the Optimism (OP) and Arbitrum (ARB) tokens currently allocated to SafeDAO (stablecoin allocation). Based on the market price on December 10, 2023, this amount is approximately 1.6 million US dollars.