The Aave community is voting on a proposal to convert 1,600 Ethereum in the treasury into wstETH and rETH

ChainCatcher news, the Aave community is voting on a proposal to convert Ethereum into wstETH and rETH for treasury fund management. The proposal suggests converting 1,600 Ethereum into wstETH and rETH to gain additional yield. The proposal states that the deposit yield for awETH in Aave v2 is 1.69%, while wstETH is 3.8% and rETH is 3.13%. The proposal has currently received over 252,000 votes in support, and the voting will end on July 7, 2023, at 16:22. (source link)