Signalling vote: Next steps for the M11 Credit wETH pool deposit on Maple Finance

Since M11 Credit and Maple Finance provided their updates on the Orthogonal Trading and Auros loans, members have discussed how to move forward with the following decisions.

Decision #1

Should Nexus Mutual continue to withdraw funds from the Maple/Maven 11 wETH pool with the aim to fully withdraw funds as they become available?

Decision #2

On the basis of a decision to fully withdraw, should Nexus Mutual members delegate the process of withdrawing to the DAO investment team (i.e., Nexus Investment) for execution, or should the Nexus Mutual members return to Snapshot votes for each individual decision?

Voting

Members can choose one of the three options below, which provide options that answer the questions in both decision #1 and #2.

Based on the discussion to date, the choices for the vote are:

• Option #1: Do not withdraw
• Option #2: Withdraw and delegate withdrawal process to DAO investment team
• Option #3: Withdraw and return to Snapshot votes for each individual decision

This signalling vote will be used to gauge members' sentiment on how to move forward.

You can review the forum discussion linked below for more information.