OPAP
Non-Custodial underlying assets adjustment
OPAP(Optimizing Portfolio and Allocation Proposal) mechanism is the first decentralized solution for optimizing liquid staking yields. Unlike traditional approaches that rely on MPC wallets, StakeStone provides full transparency for underlying assets and yields.
OPAP allows optimization of STONE’s underlying assets, ensuring STONE holders to receive optimized staking yields automatically and effortlessly.
Portfolio Optimization (adding new strategies to the underlying assets of STONE)
Allocation Optimization (changing the proportion of ETH among different strategies)
All past and active proposals (Optimizing Portfolio and Allocation Proposal-OPAP) can be found and voted on StakeStone's website or here: https://app.stakestone.io/u/portfolio-allocation/vote/vote-list
How OPAP Works:
WHEN TO VOTE:
Any adjustment to funds must first be proposed and displayed in the form of a proposal. The holders of STONE will determine the final decision on whether to execute the proposal through on-chain voting.
WHO CAN VOTE:
All STONE holders can vote in favor or against the proposal in OPAP on StakeStone's website, with the weight determined by the number of STONE they lock.
HOW TO DECIDE:
The final decision on whether to pass and execute the proposal will be based on the number of votes in favor and against the proposal.
The proposal will be implemented if it receives more affirmative votes than opposing votes at the end of the public notice period.
When nobody vote for or against in one proposal when the voting period ends, it will NOT be implemented.
HOW TO PROPOSE:
Currently, proposals can be raised by this address:
0xc52d678f99bfc43ae777a16a79b78db571a3e2a1All proposals raised can be found in StakeStone’s website (as in OPAP section), can we will send remainders for each proposals in our telegram and discord group, we also encourage you to set up your own reminders.
StakeStone will gradually transition to DAO governance to decentralize the proposal submission, relevant parameter adjustments, and rule decisions.
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