Proposal Summary:
This proposal suggests utilizing 80M PLS from the Yield ARM (Recently received from the weekly flush), converting half into WETH, and pairing the two assets. The pair will then be staked in the PLS/WETH PulseX Farm to generate rewards.
Proposal Details:
Source of Funds:
Yield ARM: 80M PLS from this week's weekly flush.
Action Steps:
Conversion: Convert 40M PLS into WETH using PulseX.
Pairing: Pair the remaining 40M PLS with the newly converted WETH.
Stake in Farm: Deposit the PLS/WETH pair into the PulseX Farm to earn rewards at the current APY.
Expected Outcome:
Enhanced Yield: Increased yield generation for the Treasury by earning farm rewards in PLS/WETH.
Compounding Returns: Strengthened Treasury growth as farm yields are compounded back into the Treasury.
Ecosystem Engagement: Improved protocol synergy by participating in the PulseX ecosystem.