executedEnded 2 years ago · Onchain
Unstake 50% of stETH
By 0xA868...079E63Continue Reading
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.
- Approve Withdrawal Queue to transfer 4491 stETH.
- (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.
Connect Wallet to Add Note
0Votes 27
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x83fC...5045B9 | 25 | FOR |
 0xFC21...976214 | 20 | FOR |
 0xDCb4...555E5e | 16 | FOR |
 0x008c...86A7e4 | 9 | FOR |
 0xb0dd...834404 | 4 | FOR |
VOTE POWER
0
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Proposal Status
- 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
3-ABSTAIN
N/A Tokens
Quorum 102/35