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Nexus Mutual DAONexus Mutual DAOby0xa50Ec178Bd0B184A890AB6d2e7a757a01Db3a702bravenewdefi.eth

Signaling Vote: How to Allocate the 6,585 ETH Between the Chorus One Stakewise V3 Vault and Etherfi weETH Proposed Investment Strategies

Voting ended over 1 year agoSucceeded

The Avantgarde/Stakewise/Chorus One and Ether.fi teams have both posted RFC proposals for investing the idle 6,585 WETH that's currently held in Nexus Mutual’s Enzyme vault.

To determine the final allocation across these two (2) proposed investment strategies, members can signal their support for each strategy using the weighted voting options. You can split your voting power across the Chorus One Stakewise V3 Vault and/or Etherfi weETH to represent your support for how the Mutual should allocate the 6,585 WETH.

The outcome of this vote will be used to create the final NMPIP ahead of an onchain vote in July.

Voting Options

  • Option 1: Allocate to the Chorus One Stakewise V3 Vault
  • Option 2: Allocate to the Ether.fi weETH
  • Option 3: Do not allocate to either of the two proposed investments

The Avantgarde/Stakewise/Chorus One RFC Proposal

You can review the [RFC] - Stake idle ETH on Enzyme Vault to Chorus One through Stakewise V3 post on the Nexus Mutual governance forum for the full details of the proposed investment allocation.

The Ether.fi RFC Proposal

You can review the [RFC] - Stake idle ETH on Enzyme Vault to ether.fi post on the Nexus Mutual governance forum for the full details of the proposed investment allocation.

Off-Chain Vote

Option 1: Stakewise V3
229.68K NXM75.9%
Option 2: Ether.fi weETH
72.99K NXM24.1%
Option 3: Do not allocate
0 NXM0%
Quorum:605%
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Discussion

Nexus Mutual DAOSignaling Vote: How to Allocate the 6,585 ETH Between the Chorus One Stakewise V3 Vault and Etherfi weETH Proposed Investment Strategies

Timeline

Jun 18, 2024Proposal created
Jun 20, 2024Proposal vote started
Jun 25, 2024Proposal vote ended
Dec 13, 2025Proposal updated