[SWIP-24] Establish a Policy For Enabling 100% osETH Minting In Select Vaults

In this proposal, we suggest allowing certain DAO-approved Vaults to command 100% minting threshold (otherwise known as LTV) for osETH, enabling automatic issuance of osETH against deposits and maximizing capital efficiency.

To mitigate the risk of minting osETH without providing excess collateral, we suggest setting a high bar for Vaults that wish to do so. We propose that the DAO require such Vaults to pass technical & commercial due diligence, have a TVL of at least 10,000 ETH / 2,000 GNO, not exceed a threshold fee level, and post a significant (5M SWISE on ETH / 1M SWISE on GNO) bond in order to receive this capability.

These requirements will ensure that only the most advanced and committed Vaults will receive the top perks of using StakeWise, derisking the rollout of the feature that is crucial for consumer liquid staking products, large-scale integrations, and highly efficient DeFi strategies.

Check out the full proposal by clicking on the discussion link attached below.

Vote Yes or No in this proposal.