✅ [PASSED] MIP-25: Mantle Economics Committee, and ETH Staking Strategies
➡️ Full proposal: forum.mantle.xyz/t/passed-mip-25-mantle-economics-committee-and-eth-staking-strategies/7548/19
➡️ Snapshot: snapshot.org/#/bitdao.eth/proposal/0xa34107e34b4dc4ff4cd16b77d66e62a51f4d35457a4f4b1f68ab8ac821f58561
With the passage of MIP-25, the following actions have been authorized:
1️⃣ Authorize the establishment of Mantle Economics Committee as a sub-governance body of Mantle Governance. The committee shall solely focus on decision-making and shall not hold any Mantle Treasury assets.
2️⃣ Authorize the Mantle LSD and Lido ETH staking strategies, with a combined allowance of up to 200k ETH, and Lido ETH staking strategies up to an individual allowance of 40k ETH.
3️⃣ The committee may engage in commercial negotiations and decide on the timing and size of strategy entry and exits.
4️⃣ Other LSD projects’ ETH staking strategies will be assessed and proposed to Mantle Governance for approval in the future.