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executedEnded 2 years ago ยท  Onchain

Unstake 50% of stETH

By 0xA868...079E63

The dao currently holds an outsized amount of stETH and requires more operational cash to keep funding proposals.

I suggest we unstake and withdraw 50% of our current stETH balance, which is ~8982/2 = 4491 stETH.

Transaction details

Unstaking from Lido is a two-step process. This proposal deals with step one.

  1. Approve Withdrawal Queue to transfer 4491 stETH.
  2. (Subsequent proposal.) Request to withdraw 4491 stETH. The request is split into batches up to 1K ETH due to a Lido withdrawal limit.

Thanks to everyone for feedback, and to david, elad, and wiz for helping with this prop.

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Connect Wallet to Add Note
0
Votes 27
VoterCast PowerVote & Rationale
0x83fC...5045B9
25

FOR

0xFC21...976214
20

FOR

0xDCb4...555E5e
16

FOR

0x008c...86A7e4
9

FOR

0xb0dd...834404
4

FOR

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Wed October 18 2023, 09:34 pmPublished Onchain 0xA868...079E63
  • Sat October 21 2023, 10:06 pmVoting Period Starts
  • Wed October 25 2023, 10:54 pmEnd Voting Period
  • Thu October 26 2023, 12:27 amQueue Proposal
  • Sat October 28 2023, 01:04 amExecute Proposal
Current Results

1-FOR

102

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
Quorum 102/35
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