Grant request - Notional Finance leveraged rETH/WETH vault

Grants / Bounties
4

Hi @Pierre-Yves I think most readers will appreciate proposals meant to increase the yield farming options for rETH. But I want to point out some things if you don’t mind:

  • I have some doubts about Notional Finance asking for 50k. If it works out like your proposal states, it would make more sense for you to invest in this yourself?

  • Your proposal also seems A LOT like another one I have read: Proposal for rETH-cETH Zero-Liquidation Loans

  • I also want to add that the above mentioned proposal makes more sense because of the following:

  1. MYSO Finance does not require 50k
  2. They do not require a chainlink integration
  3. It’s trust-minimised, so no trusted third party or admin involved
  4. Last but not least, it’s a proposal for ‘zero-liquidation loans’, which takes away a HUGE risk-factor. You can also get 10x leverage, without the risk of being liquidated.

I think it might be more beneficial to run with the MYSO finance proposal. Nothing personal, just my two cents.

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