Not necessary. Let's diversify our current stakeholdings and focus on funding initiatives that bring attention ROI to Nouns.

Prop 227: Nouncil Votes NO

NO - 29 votes

• Once again —staking all in one pool is risky. Other options (eg rocket pool are bring explored. We should wait for that option.
• I believe we already locked enough fund There.

YES - 15 votes

• I am in favor of making Nouns Treasury bigger by staking
• Yieldddddddd!

ABSTAIN - 1 votes

• I do not fully grock this.

we need to diversify our investments

no opinion

This would allow us to fund up to 4 more great Proposals in the next twelve months. The risk of stETH is largely born by our treasury irrespective of our actual mix of ETH in stETH. Also, given that we need all the funding we can get, I'd be open to rETH if it allays concerns around stETH, solutions to switch the mix are doable.

Would vote yes if diversified

"A gwei saved is a gwei earned." -Benjamin Franklin

As a chaotic neutral, I like all this recent Will Price action.

Let's work on diversifying our existing stETH holdings before taking on additional risk.

Personally uncomfortable staking more than 1/3 of DAOs ETH until staking services are more 'Lindy'. Would support diversification of current position into rETH but strongly against adding additional risk at this time.

Reasonings compiled here: https://cbites.substack.com/p/active-governance-noun-582-1