Title: Stake 10 ETH from Treasury using Rocket Pool Authors: 0xHunter#3863 Date Created: March 9th, 2022 Date Posted: March 30th, 2022 Status: Snapshot [Draft->Voting->Forum Voting->Snapshot->Closed] Forum Post: Post
TLDR Stake 10 ETH from the Bankless treasury with Rocket Pool Generate 4.3% annual yield (potential ~10% after the PoS merge) Support permissionless staked ETH pooling infrastructure Gather data to support staking larger percentage of Bankless treasury ETH in the future Summary The proposal is to stake (10 ETH) of our ETH in the treasury (34.45 ETH) for rETH to generate passive yield on ETH and support permissionless, decentralized PoS ETH staking. The reason for starting with a 10 ETH stake is to minimize our initial Rocket Pool protocol risk exposure, and we should stake more after we are more confident in the benefits of staking our ETH with Rocket Pool. rETH is liquid and can be swapped back for ETH at any time if needed.