A note on The RFC from Avantgarde Finance
Having read the proposal I am supportive of the prominent inclusion of rETH.
However as others have pointed out, holding rETH directly in the capital pool is easily actionable and it is questionable whether the additional management oversight with corresponding fee is a meaningful benefit.
Hi @Uisce.eth, @Moss from Avantgarde here.
Thanks for mentioning our proposal. From the feedback gathered on our RFC so far, it’s become clear that - as it pertains to rETH - it is indeed better for Nexus to follow the path you’ve outlined here, hence it will be excluded from our next iteration. We believe in your value proposition (as our initial idea shows) and therefore we are generally supportive of this initiative.