Should LidoDAO diversify its stablecoin holdings?

Interesting and necessary conversation. Treasury diversification can also include EUR stablecoins as mentioned by @steakhouse above.

I’m a contributor at Angle Protocol and we started pushing the conversation about treasury diversification since the launch of agEUR and more recently here. Including a robust decentralized stablecoin in the treasury allows:

  • hedging of the USD risk,
  • payments of Euro-denominated expenses,
  • access to euro-based yield.
    The benefits can be further discussed - We’re jumping in to mention that agEUR (see documentation) could also be considered here.
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