ProposalsProposal 838
ProposalsProposal 838
TL;DR: Wrap our stETH to avoid unnecessary daily income‑tax liability for the DUNA.
Rationale:
By wrapping stETH, the DUNA can eliminate unnecessary taxable events triggered by daily staking rewards. We estimate this initiative will save the DUNA upwards of $30,000 per year in tax liabilities (based on current staking rewards / ETH value).
Proposal overview/compensation:
Submitted by NOC Guild on behalf of the Strategic Proposal Working Group (SPWG). We request $1 to go directly to working group member stripymofo.eth (spearheaded this initiative). This individual has done similar proposals in the past, in addition to many other do-good initiatives. Consensus on the X space this morning (29th July 2025) was that it would make sense to compensate this individual.
Note: will cancel this proposal if the Duna accountants advise to do so.
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TL;DR: Wrap our stETH to avoid unnecessary daily income‑tax liability for the DUNA.
Rationale:
By wrapping stETH, the DUNA can eliminate unnecessary taxable events triggered by daily staking rewards. We estimate this initiative will save the DUNA upwards of $30,000 per year in tax liabilities (based on current staking rewards / ETH value).
Proposal overview/compensation:
Submitted by NOC Guild on behalf of the Strategic Proposal Working Group (SPWG). We request $1 to go directly to working group member stripymofo.eth (spearheaded this initiative). This individual has done similar proposals in the past, in addition to many other do-good initiatives. Consensus on the X space this morning (29th July 2025) was that it would make sense to compensate this individual.
Note: will cancel this proposal if the Duna accountants advise to do so.
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