The Foundation has proposed renewing the Sequencer ETH staking program for another 12 months.
The proposal would allow the Foundation to continue staking the Collective’s ETH, consolidate institutional staking from three custodians to two qualified custody providers, and use conservative yield enhancement strategies, such as covered calls and collars, on up to two-thirds of the ETH treasury.
Any cash proceeds generated from these strategies may be redeployed into short-duration RWAs on OP Mainnet. The proposal targets a materially higher blended yield than staking alone, while maintaining institutional custody and risk controls.
You can read the proposal in its entirety here
You should vote for this proposal if you support renewing the ETH staking program with the proposed updates for the next 12 months.
Threshold 51%
ACTIVE