[RFC] Modelling how ETHplus would react to a deep and sustained stETH depeg and what actions we can take via governance to mitigate loss

Appreciate your comments and votes guys.

@0xJMG, more than happy to provide updates on this going forward. What kind of metrics did you have in mind? Since stETH is 50% of the collateral basket and the largest ETH LST we focus on that? Tracking metrics like maximum depeg, average depeg, total liquidity, slippage incurred if the protocol was to sell off it’s entire allocation via DEX pools etc. Most of which can be found in the Lido All-In-One Dune dashboard.

Any other left field data-points you think I should include?

@glock Really really appreciate you taking the time to make an account and jump into the discussion, always happy to see new voices in the forum. Yeah, if the poll remains positive at the end of the week, i’ll push it for on-chain voting which will open on Wednesday. You can either remain an independent voter and look out for the vote (will also post on Twitter and the TG groups) or if you like the way I govern and trust that I have the best intentions of ETHplus at heart you can delegate your voting power to me. You can find more information on the mechanics, how to delegate and my voting history on my delegation platform.

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