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Aavegotchi · closed proposal

[AGIP 111] Staking 350 ETH with Lido and Acquiring rETH

0x2090…dD3F·ended 2y ago·Discussion ↗
Voters
756
GHST voted
11.55M
≈$509.9K
Token price
$0.04

AI summary

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Voting results

Quorum
11.55M / 9.00M GHST(128%)
✓ Quorum met
Yes. Stake w/ Lido and buy rETH8.82M (76.3%)
No. Don't stake or buy rETH.2.73M (23.7%)
11.55M GHST · ≈$509.9K · 756 votersblock 54380128

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Full proposal

Original markdown · Aavegotchi

Author: Dr. Wagmi (16635) Quorum Requirement: 20% (9M) Vote Duration: 14 Days

Objective: This proposal aims to enhance the Aavegotchi DAO's treasury management through strategic staking, with a dual focus on accruing additional yield and increasing our Ethereum (ETH) holdings. We propose to engage in ETH staking through two prominent protocols, Lido and Rocket Pool, to achieve this objective.

Details of the Proposal:

  1. Staking with Lido: We propose to stake 350 ETH directly with the Lido protocol. Lido currently offers an estimated yield of 3.7% per annum.

  2. **Acquiring rETH via …

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