oETH - Allocation

Intro

OETH is a self-custodial, interest bearing ETH derivative launched by the Origin Protocol (the same protocol behind oUSD) in May 2023. The token can be minted and redeemed though the ‘Origin Dapp’ by supplying one of the following tokens: ETH, wETH, frxETH, stETH, rETH. The protocol generates yield by deploying collateral assets through diverse DeFi strategies. Yield generated is then utilised to mint more OETH which is distributed to holders as a form of rebasing.

Scope of the vote

ARV Holders are called to deliberate on the maximum allocation of treasury principal to deploy on oETH. 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.