TLDR: Buy 2.34 wstETH with the ibBTC rewards and transfer to trops in order to distribute along the existing 7.03 wstETH for the last round of Lido minting incentives.
Background
There was an internal miscommunication when sharing the details for the last month of the minting incentives program by Lido, and the comms we put out mentioned that we were going to distribute 11 stETH: x.com
Unfortunately, only 7.03 wstETH (~8.26 stETH) were received from Lido to distribute for this last month so we will be short ~2.34 wstETH from what was promised.
Proposal
Buy 2.34 wstETH with the ibBTC rewards (~2.750118462 wETH) and transfer to trops in order to distribute along the existing 7.03 wstETH for the last round of Lido minting incentives.
Metrics of Success
How long will the investment thesis take to play out?
One time make up operation.
Will the treasury recoup funds or does the investment represent an outlay?
Outlay
What are the risks associated with each investment?
Not an investment
