Hey @TokenLogic,
We support moving the DAO’s ETH into an LST, however, we are curious why rETH was chosen over stETH/wstETH? Or why the proposal wasn’t framed to provide the option between rETH and stETH?
Considering the proposal is based on needing to cover DAO expenses it would make sense to maximise the yield from the DAO’s ETH holdings, which would mean acquiring stETH instead of rETH as shown below.
Thanks!