AGV Wind-Down: Structured Transition & Return of Capital to the DAO Treasury

Abstract

Co-authors: AGV Team, OpCo Team, Arbitrum Foundation & OAT

This proposal seeks DAO approval for AGV to cease forward investment activity and return surplus capital to the DAO treasury for redeployment. Following a broader review of the Arbitrum ecosystem, the OAT, AGV, and other relevant stakeholders have determined that continuing to operate AGV as a consumer- and gaming-focused venture platform is no longer aligned with the DAO's current priorities. Accordingly, AGV's scope will be narrowed to focus exclusively on managing and maximising the value of the existing portfolio, including selective follow-on investments. Its grant program and any new capital investments outside the portfolio will be sunset.

Under this proposal, ~143.7 million ARB currently held for the AGV pro