Hi, thanks for tagging me, I was busy and wasn’t able to follow everything and do my DD.
So I did a quick check of OETH and its holder, supply into other protocols etc.
So, the main usecase for people to borrow an LST is looping currently, Aave already has several LSTs from Lido, EtherFi, Renzo, etc.
I think OETH could be a great addition if we are somehow able to show and convince holder to deposit and borrow on Aave. With currenlty about 100m in market cap (together for OETH & WOETH) this could result in decent revenue for the DAO.
I will support OETH till ARFC but would like to see a risk report from @LlamaRisk and @ChaosLabs to understand what OETH holder are currently doing with their token.
Also it would be great to kickstart the asset listing with some incentives to get some traction.