Pete (slagathor)

Pete

Too complex for what the world expects. OETH.com

55 Followers

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Wrapping is a good idea, but I would request changing the amount from 2076460000000000000000 to 1076460000000000000000 so that this prop doesn't make the unstaking prop more complicated (https://www.nouns.camp/candidates/0xcc4fd6e348009710404641a01b29f15703b90aed-unstake-1%2C000-steth)

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Wrapping is a good idea, but I would request changing the amount from 2076460000000000000000 to 1076460000000000000000 so that this prop doesn't make the unstaking prop more complicated (https://www.nouns.camp/candidates/0xcc4fd6e348009710404641a01b29f15703b90aed-unstake-1%2C000-steth)

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@fattybuthappy had the idea of going with 1k so the treasury is split 1/3 each between Lido, Mantle, and Origin LSTs. This would be the breakdown of LSTs in the treasury: 1081 stETH 1000 mETH 1000 OETH 163 rETH This would leave about 404 ETH in the treasury, or about $980k right now,+ $896k USDC + $41k NOGS

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hello Lil Nouners! Pete here again from Origin to drop a quick note on OETH props: Prop 388 to Nouns proper unfortunately did not pass :( but it did win the support of the Lil Nouns, 644 - 233! With this in mind we've decided to re-submit the prop directly to Lils! Prop 158 is open for vote, for 20 more hours!

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After 2 years and after many weeks of tuning into Nouns calls and talking with delegates and community members, my OETH prop is back up for vote! https://nouns.wtf/vote/816 This prop would safely increase the yield the Nouns treasury is earning on its ETH, while also at the same time diversifying from Lido and Rocketpool. OETH has already been well tested within the Lil Nouns treasury for more than a year, as seen from https://lilnouns.wtf/vote/165 and https://lilnouns.wtf/vote/203/ Here is the 180 day yield report, comparing OETH yield compared to stETH, rETH, and frxETH within Lil Nouns: https://blush-rapid-impala-153.mypinata.cloud/ipfs/bafybeifsh7jybq26h76vxktioarhd4py7s7aabwhvwivqorbetfrjxvvfi

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Hi everyone, Peter here from Origin Protocol! I submitted a candidate prop that went onchain Sunday and goes up for vote tomorrow at 6:45 PM PDT. Would love to know everyone's thoughts, it is for testing with just 1 ETH: https://nouns.wtf/vote/388

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@fattybuthappy had the idea of going with 1k so the treasury is split 1/3 each between Lido, Mantle, and Origin LSTs. This would be the breakdown of LSTs in the treasury: 1081 stETH 1000 mETH 1000 OETH 163 rETH This would leave about 404 ETH in the treasury, or about $980k right now,+ $896k USDC + $41k NOGS

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