GnosisDAO's new proposal suggests transferring at least 50% of the stETH holdings to rETH to reduce reliance on stETH

ChainCatcher news, the nosisDAO community has initiated a new proposal, suggesting that Gnosis DAO commits to gradually transferring at least 50% of its stETH holdings to rETH over time.

This GIP aims to guide the Gnosis treasury manager Karpatkey to take action to reduce reliance on stETH and introduce additional rETH into its DeFi strategy to lower the DAO's risk and support decentralized Ethereum staking. The voting deadline for this proposal is May 30 at 01:48. (Source link)