closedEnded 3 years ago · Snapshot (Offchain)
[AIP 70] Resume stETH Strategy
By 0xeEEC...3665a3Continue Reading
Discussion here: https://forum.alchemix.fi/public/d/372-aip-70-resume-steth-strategies/5
A vote “FOR” executes the following changes:
- Increase the stETH deposit cap on mainnet Alchemix to 3,000 ETH with multisig discretion to decrease to 0 again if necessary.
- Modify the stETH adapter to utilize the ChainLink price oracle to report the price of stETH, capped at a maximum of 1 ETH per stETH.
- Update the maxloss() parameter to check stETH vs ETH and increase to 10% (1000 bps). 4, Keep rETH deposit caps at 0 (due to lack of rETH oracle).
- A raise of 2,000 additional stETH is recommended 1 month after the initial cap raise, at the discretion of the multisig, provided stETH price exceeds 0.99 ETH.
A vote “against” does not authorize these changes.
Connect Wallet to Add Note
0Votes 87
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x2292...d559EB | 50,000 | For |
 0xD45D...C4a9a2 | 4,139 | For |
 0x6800...1cF4e0 | 3,131 | For |
 0x854F...BfB358 | 1,381 | For |
 0xeEEC...3665a3 | 1,360 | For |
VOTE POWER
0
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Proposal Status
- Wed November 09 2022, 02:37 pmVoting Period Starts
- Sat November 12 2022, 02:37 pmEnd Voting Period
Current Results
1-For
63,493.336
2-Against
224.521
3-Abstain
206.494