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Lion DAOLion DAOby0xdb4a057C4054E030e6F04619777c17CafA33cf650xtaetaehoho.lens

How much of our treasury should we allocate to LIDO staking

Voting ended over 4 years agoSucceeded

What percentage of our treasury should we allocate to LIDO staking? Recall APY ~4-5%. Total Treasury = 32.2385ETH Recall we must also have a certain amount of ETH available at all times for grants. (This will depend on the yearly grant budget). It is feasible that LIDO staking will yield enough to fulfill all grants depending on % allocated to LIDO and grant amounts.

ex) if 100% of the treasury is allocated to LIDO, that is 1.6ETH/yr. If ETH is 6.25K we could pay out 10K worth of grants per year without only LIDO rewards but payouts will have to be batched at times (due to gas). So consider proposal 1 and the above paragraph when voting.

ETH/Year By APY (Note. gas) 10% => 0.1612 ETH/Yr, 29.01465ETH left 20% => 0.3224 ETH/Yr, 25.7908ETH left 30% => 0.4836 ETH/Yr, 22.56695ETH left 40% => 0.64477 ETH/Yr, 19.3431ETH left 50% => 0.8059625 ETH/Yr, 16.11925ETH left 60% => 0.967155 ETH/Yr, 12.8954ETH left 70% => 1.1283475 ETH/Yr, 9.67155ETH left 80% => 1.28954, 6.4477ETH left 90% => 1.4507325, 3.22385ETH left 100% => 1.611925

Alternatively, if you want more choices (per 5% / per 1% please indicate so in the vote and we will start another proposal with 1% increments.

Note: Voting is quadratic. Each member may vote for more than one choice but votes will be matched by both how many unique wallets cast a vote for one choice + the amount they cast. For more info: https://wtfisqf.com/?grant=&grant=&grant=&grant=&match=1000

Off-Chain Vote

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30%
211.05 49.1%
40%
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70%
4.31 1%
80%
212.49 49.4%
90%
2.15 0.5%
100%
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Timeline

Oct 24, 2021Proposal created
Oct 24, 2021Proposal vote started
Oct 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated