Convert stETH to wrapped stETH
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”
⌐◨-◨
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x14c8...Ff41f0 | 43 | FOR |
0xF646...5c5211 | 40 | FOR |
0xcC26...0f6Ed5 | 37 | AGAINST |
0xC7CC...1c7d87 | 29 | FOR |
0x73E0...1677Ec | 10 | FOR |
VOTE POWER
Proposal Status
- 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
2-AGAINST
37
3-ABSTAIN
N/A Tokens
