Proposal 227 (Q1809)
From Nouns Dev
A Nouns proposal.
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Proposal 227 |
A Nouns proposal. |
Statements
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227
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Stake additional 5000 ETH in Lido
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93
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2 February 2023
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This would allow us to fund up to 4 more great Proposals in the next twelve months. The risk of stETH is largely born by our treasury irrespective of our actual mix of ETH in stETH. Also, given that we need all the funding we can get, Id be open to rETH if it allays concerns around stETH, solutions to switch the mix are doable.
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As a chaotic neutral, I like all this recent Will Price action.
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A gwei saved is a gwei earned. -Benjamin Franklin
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Reasonings compiled here: https://cbites.substack.com/p/active-governance-noun-582-1
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Not necessary. Lets diversify our current stakeholdings and focus on funding initiatives that bring attention ROI to Nouns.
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we need to diversify our investments
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Personally uncomfortable staking more than 1/3 of DAOs ETH until staking services are more Lindy. Would support diversification of current position into rETH but strongly against adding additional risk at this time.
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**Prop 227: Nouncil Votes NO** **NO - 29 votes** - Once again —staking all in one pool is risky. Other options (eg rocket pool are bring explored. We should wait for that option. - I believe we already locked enough fund There. **YES - 15 votes** - I am in favor of making Nouns Treasury bigger by staking - Yieldddddddd! **ABSTAIN - 1 votes** - I do not fully grock this.
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Lets work on diversifying our existing stETH holdings before taking on additional risk.
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Would vote yes if diversified
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Stake additional 5000 ETH in Lido The DAO has just voted overwhelmingly to stake 5000 ETH, bringing our stETH holdings to 9700 stETH. This is a proposal to stake an additional 5000 ETH.
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2 February 2023
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1
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23
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5,000
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The text does not provide information on the name of the team or builder that
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and re brands with cc0 IP - who do you think made the atrium short film happen? I'm excited to fund them with a bigger amount to make a much more ambitious project
There is interest in funding the creators of the atrium short film with a bigger amount to make a more ambitious project. The conversation also discusses the importance of funding quality builders and looking for big impact projects while being selective and focusing on long-term success.
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can you? i've never put a prop on-chain
Yes, you can put a proposal on-chain.
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Hey Guys, --Would it be better to approach this and say that a % is staked at all times, e.g. 35% of the treasury, with a monthly recalibration? --By doing this we wont have to keep passing multiple votes for 5k and then another 5k, and at the same time we keep a good balance between liquid funds to use for builders, as <@501964507439038474> mentions, and still have a good balance staked to get a good yield?
It might be better to approach staking a percentage of the treasury, such as 35%, with a monthly recalibration. This would help maintain a balance between liquid funds for builders and staking for yield, without needing to pass multiple votes for additional amounts.
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