ETH+ - Allocation

Intro

Reserve is a DeFi protocol that allows for the permissionless creation of tokens, or RTokens, backed by a custom selection of other ERC20 tokens, chosen by the issuer. ETH+ is an ETH-pegged stablecoin, solely backed by wstETH and rETH. Revenue is distributed currently 95% rToken holders and 5% RSR stakers.

Scope of the vote

ARV Holders are called to deliberate on the maximum allocation of treasury principal to deploy on ETH+. The protocol analysis attached provides essential information about the protocols under consideration. Additionally, they will outline the committee's risk concerns and propose the recommended maximum allocation of principal to ensure appropriate diversification of funds.