Following the positive response from both the DAO community and prospective B2B partners since the Incentivised Migration Program’s initial proposal, StakeWise has since received the commitment from a close node operator partner to migrate their validators to StakeWise Vaults.
Consequently, we would like to request the DAO to allocate 375,000 SWISE and 18.4 osETH from the DAO Treasury to enable the migration of 15k ETH ($50M). The osETH will be swapped into ETH prior to its distribution.
DAO vesting contract: 0xF0d99D5d1D5E06CdAd4766503Cb82213B5E1d1bE SLC Team Safe: 0x2685C0e39EEAAd383fB71ec3F493991d532A87ae