@RupertPumpkin Thanks for this proposal.
It is great to see that ether.fi believes in the symbiosis between Blue and weETH and is committed to making it happen.
Staked ETH as collateral is an important use case in DeFi lending and we believe the weETH/ETH market has great potential alongside the Re7 vault. We propose to allocate a total of 90k MORPHO as incentives over the three month period to help grow this market.
The wetETH and MORPHO distributions would follow the Standardized method for distributing incentives on Morpho Blue markets.
A vote will be scheduled in the next few days. Should the vote pass, its execution will be conditioned on the receipt of the wetETH on morpho.eth.
NB: distribution of incentives by the MORPHO DAO does not signify endorsement of market risks.