Proposal DIP-22: Staking Strategy for Treasury Management

Objective: Generate a sustainable yield on our treasury assets while supporting and securing the Ethereum ecosystem.

Current Treasury Holdings: 505 ETH in a multi-signature wallet.

Proposal Details:

Stake 200 ETH in Lido and 200 ETH in Rocket Pool: These are leading decentralized staking protocols, providing an opportunity to support the Ethereum network. This diversification mitigates protocol-specific risks.

Expected Yield: Staking 400 ETH is projected to yield approximately 14.8 ETH annually. Given the current market prices, this translates to around $37,200 USD or an equivalent of approximately $4 USD per share per year.

Risk Management: By dividing our stake between Lido and Rocket Pool, we balance our exposure to protocol risks. Maintaining 100+ ETH in liquid form ensures we have sufficient funds for operational liquidity and future share burns.

Rationale: As a DAO, it's imperative to manage our funds wisely and conservatively. Staking offers a significant opportunity to grow our assets. Not leveraging this option could be a missed financial opportunity.

*As a side note, Staked ETH will be counted towards the burn value calculations similar to WETH as that could be sent in lieu of Eth.