The Return Dao narxiDAO

#Lido DAO ($LDO) Breaks Above Key Resistance as Dual Governance Vote Drives Bullish Momentum ** $LDO price surges 2.15% to $1.28 as governance upgrade vote and technical developments fuel strong bullish sentiment with RSI entering neutral territory.

The @arbitrum DAO Treasury Management portfolio grew by $8.3M in August, closing the month at $88M. Two key events shaped the month: 🔹 ETH’s ~20% rally added $5.2M 🔹 $2.9M in stablecoins was injected from other DAO initiatives Here's a summary of activities in August 👇 By month-end, the portfolio mix stood at 53% RWAs (~$47M), 38% ETH & ETH-correlated assets (~$33M), and 9% Stablecoins split between active (~$5M) and idle positions (~$3M). No new RWA deployments or reallocations took place during the month. The DAO's RWA portfolio generated steady returns, earning $138K in August at a portfolio-weighted 4.1% 30D MA APY. ETH strategies rose from $28M to $33M, with growth mostly driven by market movements. Stablecoins were activated as well. The DAO deployed $4.5M USDC into Gauntlet's USDC Prime Vault on Morpho. Another $3.3M worth of USDC awaits deployment. This capital will soon be moved to active stablecoin managers ( @kpk_io & @avantgardefi ), who will allocate funds into Arbitrum DeFi. The treasury management portfolio continues to scale steadily, with increasing amounts of capital being actively allocated to generate risk-adjusted returns and support ecosystem growth.

# Aave Reduces Exposure to Scroll Amid Governance Turmoil $AAVE Aave, the largest decentralized lending protocol, has proposed cutting exposure to Scroll’s ecosystem due to rising risks in its governance model. The proposal from Aave Chan Initiative (ACI) suggests defensive measures: Raising reserve factor for all listed assets to 90% Lowering supply caps to existing levels Cutting borrowing caps for all assets These steps aim to safeguard Aave’s liquidity pools and protect users if Scroll’s governance instability worsens. 📊 DeFiLlama data shows Aave holds about $6M TVL on Scroll, one of its smallest liquidity pools. Meanwhile, Scroll’s DAO has paused new governance proposals as it experiments with a redesigned model. The move follows leadership turbulence, with the DAO lead resigning earlier this week, leaving several initiatives stalled.

1. Open Platform (OPEN) Goal: Platform token for interoperability across data, apps, and services. Tokenomics: ~1.7B total supply, ~1.06B circulating. Utility: Platform fees, staking, governance. Strengths: Mid-size supply; potential as a broad platform token. Weaknesses/Risks: Limited roadmap transparency, weak evidence of integrations/partnerships, uncertain demand drivers. --- 2. OpenLedger / “Open” (OPEN) Goal: Projects in DeFi, AI, and dev tooling. Tokenomics: Supply + allocations vary; heavy use of airdrops. Utility: Used for exchange listings, ecosystem hype; governance in some designs. Strengths: Big community awareness at launch, high liquidity on listings. Weaknesses/Risks: Speculative, airdrop-driven sell pressure, hype-based volatility, uncertain long-term adoption. --- 3. OpenDAO / SOS (OPEN variants) Goal: NFT-focused community token; reimburse scammed OpenSea users, build NFT governance. Tokenomics: Extremely large supply (100 trillion in SOS example); heavily airdrop-distributed. Utility: Governance, staking, community rewards. Strengths: Wide distribution via OpenSea user airdrops, strong early community. Weaknesses/Risks: Dump risk from airdrops, high nominal supply, uncertain ongoing relevance, regulatory scrutiny possible. --- 4. Project Open (Regulatory pilot) Goal: Create compliant tokenized securities (“token shares”) under SEC relief. Tokenomics: Not like a typical crypto token — governed by securities rules, not supply/airdrops. Utility: Regulatory framework for compliant equity issuance on-chain. Strengths: Could reshape tokenized securities markets if approved. Weaknesses/Risks: Entirely dependent on regulatory approval; complex implementation. --- ⚖️ Cross-Cutting Risks Confusion from multiple “OPEN” tokens. Airdrop-driven selling pressure. Weak transparency on utility, vesting, and roadmaps. Regulatory risk for security-like projects. Speculative volatility around listings without real adoption. --- 📌 Big Picture Speculative OPEN tokens (Platform, Ledger, DAO) → Short-term hype possible, but weak fundamentals until proven adoption. Project Open (regulatory) → Potentially transformative if regulators approve, but outcome uncertain and long-term.