Executed

Sequencer ETH Management: 12-Month Renewal and Treasury Optimization


Proposal ID

170747...3707

Type

Standard

Proposed

Jul 9th, 2026

Result details
Final Votes

Quorum

27.12M of 16.54M

98.8% of 51%

For

24.04M

Against

291.3K

Abstain

2.79M

Actions

No onchain actions

This proposal asks for a vote with no onchain actions to carry out.

Proposal

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.

Final Votes

Quorum

27.12M of 16.54M

98.8% of 51%

For

24.04M

Against

291.3K

Abstain

2.79M

Final Votes
Status

Thu Jul 9, 08:56 pm

Published onchain

Thu Jul 9, 08:56 pm

Voting period started

Wed Jul 15, 08:56 pm

Voting period ended

Wed Jul 15, 09:30 pm

Proposal queued

Tue Jul 21, 05:10 am

Proposal executed