On Chain Hedge Fund at recommendation of @Cobie

[McNut]

It has not been clearly detailed before, but the stETH is spoken for. Lido voted to self insure against slashing risk last year. Snapshot

stETH is generally only available for financing Lido on a going forward basis, which was recently approved.

Redirecting incoming revenue stream from insurance fund to DAO treasury

Background The Ethereum Beacon Chain was launched on 1 December 2020 and signalled a major milestone in the move from Proof of Work (PoW) to Proof of Stake (PoS). Lido was launched just a few weeks later, found market-fit rapidly and grew to become the leading liquid staking provider on Ethereum. Lido works by connecting stakers (of any amount of ETH) with a network of independent professional Node Operators that run validators on their behalf. This design socializes both staking rewards from …