Abstract

The DAO holds a substantial amount of ETH sitting idle. This proposal aims to allow the team to stake up to 90% of the ETH in the treasury and get ~4% yield on the amount staked.

Background

The DAO could increase its treasury by staking part of the ETH held. Currently staking ETH gives about 4%, which could be earned on the ETH sitting idle in the DAO’s.

The proposal suggests to allow the team to stake up to 90% of the total ETH held split across the following providers:

• Lido
• Rocket Pool
• Frax Shares

Specification

Allow team to stake up to 90% of the ETH held in treasury across the above mentioned ETH staking providers