← Back to Fei
Fei · closed proposal
FIP-9: Staking ETH
0xA6D0…5b96·ended 5y ago
Voters
49
FEI voted
24.15M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
10,000 ETH @ LIDO stETH24.15M (100.0%)
No deployment on LIDO stETH3.78K (0.0%)
24.15M FEI · 49 votersblock 12728906
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Fei
Forum Discussion
https://tribe.fei.money/t/fip-9-staking-eth/3331
Basic Summary
The following is a proposal to invest 10,000 ETH from PCV into stETH (represents ~4% of PCV).
Lido allows users to stake ETH on the Ethereum beacon chain to earn daily rewards. The stETH is a token that represents staked ether using Lido and is pegged 1:1 to the ETH. Its value is the result of initial deposit plus staking rewards less penalties. The daily staking rewards are paid in stETH.
Motivation
The main purpose of this initial investment into stETH is earning yield to grow PCV, which can help FEI P…
📚 Similar past proposals
Finding similar proposals…