Stake additional 5000 ETH in Lido
proposed by 0x4754…c7e9
Voting ended with quorum met and more For than Against. The proposal passed.
Quorum
The For votes a proposal needs before it can pass
123 / 89 For votes of the quorum
100.0%
Quorum met · 34 over
Request size
Moves treasury funds without spending them.
Vote result
Which side is ahead
Turnout
239 / 599Nouns
39.9% cast
Proposal end
Voting period ended
Ended
1344d 13h ago · Executed
Opened
block 16,579,751
Closed
block 16,615,751
The DAO has just voted overwhelmingly to stake 5000 ETH, bringing our stETH holdings to 9700 stETH.
This is a proposal to stake an additional 5000 ETH.
1 transaction · Stake 5,000 ETH with Lido and receive stETH in the treasury
1Stake 5,000 ETH with Lido and receive stETH in the treasury5,000 ETHConversion
0xae7a…fe84stETH5,000 ETH
submit(address)
Calldata (32 bytes) 0x0000000000000000000000000000000000000000000000000000000000000000
Estimated spendTreasuryAnnual staking yield
Spending is priced the same way the Coffer prices the treasury: today's prices, today's balances. Moving money between the DAO's own wallets, setting approval limits and swapping one asset for another do not count as spending. NFTs and calls whose effect is unknown are left unpriced.
The yearly staking yield takes what is staked right now at its current rate for one year. It leaves out auction income, price moves and any change to the balances or rates.
A current treasury and staking-yield benchmark is unavailable.
- Proposer
- 0x4754…c7e9
- Created
- block 16,543,751 · transaction 0x96f190…60de
- Vote snapshot
- Voting power is read at block 16,543,751
- Quorum
- 89 For votes. Every Against vote raises this floor, up to a cap. Reaching it is not enough on its own: For also has to beat Against.
- Turnout
- 239 of 599 Nouns cast · 39.9%
- Executor
- The treasury
- Governor
- the Nouns governor on Etherscan
Schedule
- Voting opensblock 16,579,751
- Voting closesblock 16,615,751
- Executable from
Times are shown in your time zone.
How a proposal moves through the governor
The proposer can still edit for a short while after posting. Then it waits for voting to open. Voting runs for a set number of days. If the result flips near the end, an objection period opens where only Against votes are allowed.
To pass, a proposal needs two things at the close: at least as many For votes as the quorum, and more For than Against. The quorum is not fixed. It starts at a minimum and rises with every Against vote, up to a cap, so a contested proposal needs more support than a quiet one.
A passed proposal waits in a timelock, then anyone can execute it until its grace period runs out. The proposer can cancel any time before that. The vetoer can veto a malicious one.
Votes & reasoning38
For
123Nouns · 51.5% · 23 wallets
Abstain
23Nouns · 9.6% · 2 wallets
Against
93Nouns · 38.9% · 13 wallets