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Genesis DAOGenesis DAOby0x0a3044dbfeEC3a8F8464363D568962734061229Bmaxwell.wallet

Stake 90% unused ETH (Take 2)

Voting ended almost 3 years agoSucceeded

Proposal to stake 90% unused ETH across Lido (https://lido.finance/) and Rocket Pool (https://rocketpool.net/) liquid staking services.

For reference Lido and Rocket currently hold $12 and $1.5 billion in their respective protocols with yields of ~5% / year.

Back in November we staked 10ETH to test the process before the Shanghai upgrade. Nothing particular to point out other than we gained 0.25ETH in 6 months. (https://snapshot.org/#/genesisdaosafe.eth/proposal/0x2410ae5b54a41a8c7f49ef225a5e8f0522c9db1a8ba84b5432cd7d5d22545e5b)

Off-Chain Vote

YES
104 GDAO100%
NO
0 GDAO0%
Quorum:104%
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Timeline

May 19, 2023Proposal created
May 19, 2023Proposal vote started
May 21, 2023Proposal vote ended
Jun 05, 2025Proposal updated