Hey @freezer - good to have your support & also happy to answer that question!
The main reason is the one you stated (liquidity shortage on DAO treasury side), as well as for some pools (i.e. the AXIE-Origin) the amount that will be needed in D1-tokens to spawn the D2 pool on Balancer isn’t listed on the sheet (as it changes all the time and will be calculated by Alex at the time of listing).
With the proposal, we’ll be in the end allocating 320 ETH to the bootstrapping of these additional funds (which isn’t lost, it’s just provided as liquidity), leaving ~195 ETH of liquid ETH in the treasury without having to shuffle/withdraw liquidity from other pools, such as the NFTX/ETH & PUNK/ETH pools which are currently already operational.
Offtopic: From a treasury/risk management point of view, it’s in my opinion useful to start conversations about de-risking the DAO treasury moving forward (for instance, hedge parts to stable currencies) keeping close tabs on what happens on volume/liquidity growth once farming is up. All with the intent to guarantee DAO stays operational in the possibility of a downwards market.