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executedEnded 7 months ago ·  Onchain

Convert stETH to wrapped stETH

By 0xADa3...938617

TL;DR: Wrap our stETH to avoid unnecessary daily income‑tax liability for the DUNA.

Rationale: By wrapping stETH, the DUNA can eliminate unnecessary taxable events triggered by daily staking rewards. We estimate this initiative will save the DUNA upwards of $30,000 per year in tax liabilities (based on current staking rewards).

Proposal overview: Submitted by NOC Guild on behalf of the Strategic Proposal Working Group (SPWG). We request two Nouns for the working group:

  • One Noun to go directly to working group member stripymofo.eth (highlighted this initiative)

  • One Noun to be held by nocguild.eth (in perpetuity) to support ongoing governance excellence in the name of “Noun o Clock”

⌐◨-◨

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0
Votes 36
VoterCast PowerVote & Rationale
0x14c8...Ff41f0
43

FOR

0xF646...5c5211
40

FOR

0xcC26...0f6Ed5
37

AGAINST

0xC7CC...1c7d87
29

FOR

0x73E0...1677Ec
10

FOR

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VOTE POWER
0
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Proposal Status
  • Mon July 28 2025, 08:32 pmPublished Onchain 0xADa3...938617
  • Thu July 31 2025, 09:04 pmVoting Period Starts
  • Mon August 04 2025, 09:39 pmEnd Voting Period
  • Mon August 04 2025, 09:56 pmQueue Proposal
  • Thu August 07 2025, 01:36 amExecute Proposal
Current Results

1-FOR

165

81.68%

2-AGAINST

37

18.32%

3-ABSTAIN

N/A Tokens

0%
Quorum 202/105
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