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Unslashed FinanceUnslashed Financeby0x3E863564f49c7c2BF1c9Aa0FB65b55DB485903170x3E86…0317

Launch bridge to Enzyme with 2 week test (4,000 Eth, 10% capital)

Voting ended almost 5 years agoSucceeded

The previous proposal to deploy capital via Enzyme bridge has been approved. As a next step, I would propose the following:

Step 1: Our team will complete the stETH integration for the preferred strategy (as per forum discussion). It has already been audited but needs to be implemented in the front-end.

Step 2: Unslashed utilises the bridge with 10% of the capital to work into the proposed stETH farming strategy. We propose a two week testing period for the stETH strategy to operate on Enzyme. In the meantime, the community finalizes the optimal portfolio allocation for Unslashed's needs for after the testing period.

Step 3: We trigger a vote to move the remaining capital over and allocate it as decided in Step 2.

The Enzyme team are excited to strengthen the alliance between the two projects/ communities and are happy to answer and questions and work on further/future integrations according to the needs of Unslashed. On a personal note, I'm a holder of USF tokens and have been providing capital since the first epoch so I'm really happy to see this partnership being strengthened.

Off-Chain Vote

Yes , in favour of this approach
3.73K 100%
Not in favour of this approach
0 0%
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Timeline

May 08, 2021Proposal created
May 08, 2021Proposal vote started
May 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated