# Star Program Weekly Update **URL:** \ **Category:** Growth\ **Created:** [14 February 2025 17:29 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516 "2025-02-14T17:29:37Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [14 February 2025 17:29 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/1 "2025-02-14T17:29:37Z")
**Hi, community,** This is an update on the progress of the Star since its launch. ## Sales workflow GMC and some community members have provided feedback on two key points: • Some individuals who want to pitch on their own are unsure how to proceed. • Certain concepts and content are difficult to understand and apply. In response to this feedback, we have made some adjustments: • **Independent pitching** : Community members can now pitch [independently](https://relic-point-cef.notion.site/Rocket-Pool-Star-Program-Guideline-18a574a282d680d191ecfc6bd553e8f9#18c574a282d6804ca9f6f82542d1e6d4). The necessary pitch materials and scripts are available on [Notion](https://relic-point-cef.notion.site/Pitch-Deck-18f574a282d6802ea880f31f6b88deeb) (feel free to comment with suggestions; permissions are open). You can submit a proposal directly in the relevant protocol’s forum, DM the appropriate contacts, or schedule a call. If you encounter challenges or need support during the pitch, you can proceed in your own way without following a predefined sales process. Additionally, you are encouraged to [submit details of your ongoing deals](https://forms.fillout.com/t/iS1YbvoU3eus) so we can provide support and track progress. • **Lead submission only** : If you only want to submit leads without participating in the pitch, you can continue using the previous form submission process. ## Deals Progress • **ENS DAO** : The pitch was completed this week, but ENS has already staked its treasury ETH into Rocket Pool. They also have a policy limiting any single LST to a maximum of 20%. This case will be included in our **success stories** to strengthen our pitch efforts. A [design idea](https://dao.rocketpool.net/t/token-motion-design-idea-submission/3493/7) has also been submitted. For details on ENS staking, please refer to [https://reports.karpatkey.com/ens?month=1&year=2025¤cy=USD](https://reports.karpatkey.com/ens?month=1&year=2025¤cy=USD). • **Ethereum Foundation (EF)**: We attempted to establish contact this week. The response was that they **do not accept direct pitches** and only share updates via [Twitter](https://x.com/ethereumfndn/status/1889978211100226024). I believe Rocket Pool’s official Twitter account should engage with them. The ENS DAO approach could serve as a reference for EF as well. Additionally, we have provided EF with a contact point, so they can reach out if they wish to learn more about Rocket Pool. • **L2 Leads** : @Destroyaaa has submitted multiple L2 leads, and **Fuel has already started pitching**. ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [23 February 2025 22:07 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/2 "2025-02-23T22:07:18Z")
This week, the following new leads have been added. If you’re able to pitch to the key decision-makers and push things forward, feel free to proceed. > **[Notion – The all-in-one workspace for your notes, tasks, wikis, and databases.](https://relic-point-cef.notion.site/Sales-Workflow-Management-CRM-18c574a282d6802ca52eeb7bef7d7f39)** > > A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team Two issues are currently under discussion: - Finalizing the specific incentive rules. - How to provide high APRs for DAOs. The initial incentive structure was as follows: - Submitting a qualified lead: $50 - Connecting with key decision-makers: $250 - Submitting a proposal and advancing it to the decision-making stage: $700 - Completing the rETH minting would then be rewarded proportionally. > [@Round 19 (Nov 7 - Dec 7) Grants / Bounties / Retrospective Awards Results](https://dao.rocketpool.net/t/round-19-nov-7-dec-7-grants-bounties-retrospective-awards-results/3424): > > The GMC has concluded discussions and scoring for the Round 19 (November 7 - December 7) Grants/Bounties/RA Award Round. This post also begins the fourteen-day clock during which, according to RPIP-15, “[a]nyone MAY file an RPIP disputing a grant, bounty, or retrospective award within two weeks of the announcement of recipients. Such an RPIP SHALL be subject to a snapshot vote.” Any awards not subject to such a challenge will become official on January 11, 2025 at 23:59 UTC. arrow_forward General Updatesarrow_forward … Here are two proposed optimizations: - If it’s purely about submitting leads, I suggest canceling this reward. I’ll continue to add leads weekly and conduct internal reviews. Community members can directly use these leads to pitch. If the submitted lead also includes key decision-makers, then the reward remains at $250. - I propose setting aside a portion of the budget to incentivize DAOs to mint rETH. This could be done through LP rewards or lending protocols. For the final reward, half would be used to incentivize the DAO to mint rETH, and the other half would be given to the community member who completed the deal. This approach could help lower the difficulty of closing deals. ![image](https://dao.rocketpool.net/uploads/default/original/2X/9/95b1acbbe689bc41860986bc823efb2618ea548a.png) This is just a idea, and feedback is welcome. Once confirmed, I will update it in the guideline. ---
**Author:** ![ramana](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/ramana/32/100_2.png) [@ramana](https://dao.rocketpool.net/u/ramana)\ **Post date:** [24 February 2025 05:02 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/3 "2025-02-24T05:02:30Z")
I personally like those optimisations. ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [3 March 2025 08:47 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/4 "2025-03-03T08:47:12Z")
**Weekly Update:** - **Arbitrum DAO Deal** – Arbitrum DAO did not choose the rETH proposal and instead leaned toward solutions from Lido, AAVE, and Fluid. > **[GMC's Preferred Choices for 7,500 ETH RFP](https://forum.arbitrum.foundation/t/gmcs-preferred-choices-for-7-500-eth-rfp/28524)** > > Summary On December 21 2024, the Arbitrum DAO voted in favour of establishing two committees - the Treasury Management Committee (TMC) and the Growth Management Committee (GMC), who were tasked with spearheading treasury management efforts... - **Superchain Treasury Analysis** – After analyzing Superchain’s current treasury ETH holdings, only Optimism and Base have significant ETH revenue. Leads for both foundations have been added. > **[Superchain Health Dashboard](https://docs.google.com/spreadsheets/d/1f-uIW_PzlGQ_XFAmsf9FYiUf0N9l_nePwDVrw0D5MXY/edit?pli=1&gid=576594593#gid=576594593)** > > This Sheet is private - **Virtual Treasury Update** – Added Virtual leads submitted by @Destroyaaa . The Virtual treasury page was previously live and reportedly held a few hundred ETH, but the page is currently down. - **Pitch Deck & Marketing Materials** – Design work is in progress and expected to be ready soon. Community feedback is welcome. - **GMC Proposal Review** – The two proposed adjustments submitted last week are currently under review and voting by GMC. Updates will be provided once finalized. **Upcoming Plans:** - If the incentive program is confirmed, would it be better to collaborate with native protocols within each L2 ecosystem to optimize treasury strategies? - Reevaluate the messaging for the Star program to enhance its market presence. ![image](https://dao.rocketpool.net/uploads/default/original/2X/a/a9d1485d4243c103b4504c659aef20a68ba52b10.jpeg) ![image](https://dao.rocketpool.net/uploads/default/original/2X/4/4ef82853ec11f4d61e469f8f586611eb2bc3e991.jpeg) ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [11 March 2025 15:40 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/5 "2025-03-11T15:40:42Z")
**Weekly Update (May 3 - May 10)** - The proposed reward optimizations have been approved by GMC through voting, and the incentive details have been updated in the [guideline](https://www.notion.so/Rocket-Pool-Star-Program-Guideline-18a574a282d680d191ecfc6bd553e8f9#190574a282d6809a921af86b0e3e2511). - For project marketing, some key messages have been developed: - The pitch deck materials are finalized, and I will organize them for use as content assets. - AlphalGrowth’s deal with Ronin to mint rETH is in the final negotiation stage. RPL incentives will be used, allowing us to assess the impact and identify potential adjustments. ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [23 March 2025 10:49 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/6 "2025-03-23T10:49:52Z")
**Weekly Update (May 11 - May 23)** - The Rocket Pool rETH intro & pitch deck is now ready! Huge thanks to @sleety for providing the materials and GMC for the review. The current version is available for community use—if you have any suggestions, feel free to share. > **[Figma](https://www.figma.com/deck/VpcpV6kufypjypfxZUz7LE/Rocket-Pool-rETH-Intro?node-id=1-38&t=YStbsah5k5lFVSvK-1)** > > Created with Figma - We’ve initiated some promotions from the treasury ETH perspective and will continue expanding content outreach. - The current leads remain unclaimed. To keep things moving, I’ll begin pitching some of them. So far, Virtuals has connected with the Chinese-speaking community lead, while outreach to others is still in progress. These leads are still open for community members to claim—if you’re interested, feel free to DM me or submit a form. > **[Your connected workspace for wiki, docs & projects | Notion](https://relic-point-cef.notion.site/Application-190574a282d6804fbe30f12817729867)** > > A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team - New leads include megaETH, though similar to Ronin, it may not be treasury ETH but rather ecosystem-related, potentially overlapping with @SSJ2_Spartan . Abstract is not being considered for now, as a collaboration with Dinero is already in place. ---
**Author:** ![NeverAnIsland](https://dao.rocketpool.net/letter_avatar_proxy/v4/letter/n/ad7895/32.png) [@NeverAnIsland](https://dao.rocketpool.net/u/NeverAnIsland)\ **Post date:** [24 March 2025 12:06 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/7 "2025-03-24T12:06:19Z")
> [@signalxu](#): > > The current leads remain unclaime Is there any direct link to a list of current leads? ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [24 March 2025 12:36 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/8 "2025-03-24T12:36:55Z")
👉 [Leads](https://relic-point-cef.notion.site/Sales-Workflow-Management-CRM-18c574a282d6802ca52eeb7bef7d7f39) [https://relic-point-cef.notion.site/Sales-Workflow-Management-CRM-18c574a282d6802ca52eeb7bef7d7f39](https://relic-point-cef.notion.site/Sales-Workflow-Management-CRM-18c574a282d6802ca52eeb7bef7d7f39) ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [3 April 2025 16:09 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/9 "2025-04-03T16:09:24Z")
**Weekly Update (May 24 - April 3)** Overall Strategy - **Treasury ETH Staking** : Encourage more institutions and DAOs to stake ETH using rETH. - **rETH Liquidity Incentives on New L2s** : Promote rETH adoption and liquidity incentives on emerging L2s. - **rETH Inclusion in ETH Collateral Baskets** : Advocate for rETH to be included in ETH-based collateral baskets, such as Resolv and Reserve. Progress - Reserve bsdETH: submitted a proposal requesting Reserve to add rETH to their bsdETH basket with a 25% allocation, approximately 1000+ ETH. [[RFC] Collateral Basket Change Proposal: Adding Rocket Pool ETH (rETH) to the Based ETH Collateral Basket - Based ETH (bsdETH) - Reserve Protocol Forum](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119) - Resolv: submitted the collaboration request (add rETH to the hedged LST list) to the Resolv team via Discord and am now waiting for their feedback and conditions. [Your connected workspace for wiki, docs & projects | Notion](https://relic-point-cef.notion.site/RFC-Collateral-Basket-Change-Proposal-Adding-Rocket-Pool-ETH-rETH-to-the-Resolv-ETH-Collateral-Ba-1ca574a282d680d98cd2f5729bf7499f) - Other leads: Still in contact and processing. Rewards Applied to GMC: @Destroyaaa submitted four qualified leads ( **Virtual, Optimism, megaETH, and Base** ) with a total reward of **$200**. ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [22 April 2025 10:24 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/10 "2025-04-22T10:24:18Z")
Weekly update (4.8-4.21) - **Reserve (bsdETH Integration)** :Completed the first version of the integration plugin; currently under review by the community and team. Shared with the Reserve community and awaiting feedback. > **[\[RFC\] Collateral Basket Change Proposal: Adding Rocket Pool ETH (rETH) to the...](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119/3)** > > Hi @ham , thanks for the feedback! First of all, I really appreciate the recognition and support for Rocket Pool’s rETH. Regarding the development side, I’ve already completed a first version and am currently waiting for review from the team or... - **Resolve** :Established a Telegram group with the Resolve team. They indicated rETH will be considered in their upcoming vault. Core team is also exploring deeper collaboration with Resolve. - **OP Superchain** :Submitted the [Strategic ETH Staking Proposal](https://gov.optimism.io/t/rfc-strategic-eth-staking-proposal-for-the-superchain-enhancing-security-yield-and-ecosystem-growth/9846) on the Optimism governance forum to promote rETH adoption across the Superchain. - **Other** :Processing and consolidating the remaining leads. ---
**Author:** ![signalxu](https://dao.rocketpool.net/user_avatar/dao.rocketpool.net/signalxu/32/1610_2.png) [@signalxu](https://dao.rocketpool.net/u/signalxu)\ **Post date:** [5 May 2025 14:30 UTC](https://dao.rocketpool.net/t/star-program-weekly-update/3516/11 "2025-05-05T14:30:18Z")
**Weekly update (4.22-5.5)** - Update guideline url: [https://rocketpool.notion.site/Rocket-Pool-Star-Program-Guideline-18a574a282d680d191ecfc6bd553e8f9](https://rocketpool.notion.site/Rocket-Pool-Star-Program-Guideline-18a574a282d680d191ecfc6bd553e8f9) , added the “Rocket Pool” prefix does make it look more formal and official. - Reserve bsdETH: Still in the RFC phase. So far, the only opposition has come from the BD at Origin Protocol, who raised concerns that the adjustment may reduce bsdETH’s APR. We’ve already responded and clarified our rationale. This week, we’re aiming to push the proposal to the IP stage and move it toward an on-chain vote. - Ethena : We’ve set up a Telegram group with Ethena’s COO and @G-rant . At the moment, integration isn’t feasible because **rETH is not supported for margin trading on exchanges**. - Added new leads: **Fluid** and **Balancer** (sourced from [https://www.strategicethreserve.xyz/](https://www.strategicethreserve.xyz/)).For Balancer, I spoke with Valdoff to explore whether there’s an opportunity to coordinate **co-incentives** for the migration of the rETH/ETH pool to **V3** , possibly linked with **STAR** incentives. For Fluid, initial contact has been made, and we’ll explore a similar co-incentive approach as with Balancer.