Optimism Foundation Proposes Renewed ETH Staking Strategy

Optimism Foundation seeks 12-month renewal of Collective's ETH staking program. Proposal consolidates staking from three custodians to two at 33% each, with 33% in weETH via EtherFi. Authorizes yield strategies on up to two-thirds of treasury, targeting 5-10% APY versus ~2.5% staking yield. Program generated 218 ETH initially.