On May 30th, the Lido DAO financial working group Steak house submitted a public opinion governance proposal TMC-0, suggesting that all ETH treasury be pledged in Lido. The proposal pointed out that the annual rate of return of 20,000 ETH is 4% to 6%, and the income is close to 2 million US dollars per year. The operation on the chain is to deposit 20,304 ETH in Lido and convert it to stETH, and deploy an Easy Track contract to perform future ETH deposits. Proposal note, if stETH_0.98ETH, you should buy stETH in the market instead of directly staking ETH, which may require more operating expenses.

Odaily Planet Daily News Lido DAO financial department Steakhouse submitted a public opinion governance proposal TMC-0, suggesting that all Treasury ETH be pledged in Lido. The proposal points out that the annual rate of return of 20,000 ETH is 4% to 6%, which is close to $2 million per year at the current price. The operations on the chain are: 1. Deposit 20304 ETH in Lido and convert it to stETH; 2. Deploy an Easy Track contract to perform future Treasury ETH deposits. In addition, if stETH<0.98ETH, you should buy stETH in the market instead of directly staking ETH, because it may require more operating expenses.