UPDATE: TIP 14 execution is underway. 🌳
Following DAO approval, Compound V3 will be added as an additional MEY venue for the $tETH strategy.
This gives tETH another venue to deploy capital when rates are favourable, supporting more efficient and diversified yield generation.
A new TIP is live on the Governance Forum. 🌳
TIP 14 proposes expanding the $tETH strategy to @Compound_xyz V3, adding another lending venue for Market Efficiency Yield to support a more diversified strategy.
Details below. 🧵👇