PIP-85 Use treasury for airdrop farming
Abstract
This proposal would allow the team to farm airdrops using a portion of the treasury, airdrops such as Eigenlayer, Blast, etc.
Background
Until now, the treasury has been used in a very risk averse fashion. The ETH held is either staked on Lido, farming Prisma or Liquity.
A portion of the treasury would be allocated to farming airdrops, such as Eigenlayer, Blast, and any other new opportunities. Farming would only be done using ETH or staked ETH variants.
All airdrop rewards would be kept in the treasury further notice.
Specification
Allow the team to allocate up to 50**%** of the ETH in treasury to airdrop farming strategies.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x13F3...9b296a | 2.493B | Yes, allow airdrop farming |
 0xd3Ae...c661c0 | 832.055M | Yes, allow airdrop farming |
 0x6800...1cF4e0 | 821.551M | Yes, allow airdrop farming |
 0x2797...93559D | 385.138M | Yes, allow airdrop farming |
 0xB56C...8aC65d | 347.1M | Yes, allow airdrop farming |
VOTE POWER
Proposal Status
- Mon February 26 2024, 08:40 pmVoting Period Starts
- Thu February 29 2024, 08:40 pmEnd Voting Period
Current Results
1-Yes, allow airdrop farming
5.945B
2-No, do nothing
12.023M