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LidoLidoby0xcDeFeD59e93D90B5b2CC6ac4231d12ee38B69A9bgropper.eth

Activate Lido Protocol Governance with Revenue Share Staking

Voting ended almost 2 years agoSucceeded

$LDO Revenue Share

a. Redirect 20-50% (toggle-able parameter based on governance) of future Lido DAO revenue from the protocol treasury to $LDO Stakers

b. Distribute Lido DAO revenue to $LDO stakers in $LDO tokens weekly through a buyback and distribute mechanism (exact mechanics will be determined separately)

i. This mechanism allows all $LDO holders (not just stakers) to benefit from the revenue generated by the protocol ii. All stakers will ‘receive’ token as weekly emissions. All earned tokens will be vested for 3-months before distribution accruing compounded emissions.

The aforementioned is based on included link and subsequent conversation.

Off-Chain Vote

Yes- add revenue share to $LDO
2.07M LDO43.6%
No - do not add revenue share
2.67M LDO56.4%
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Discussion

LidoActivate Lido Protocol Governance with Revenue Share Staking

Timeline

Apr 05, 2024Proposal created
Apr 05, 2024Proposal vote started
Apr 08, 2024Proposal vote ended
Jul 04, 2024Proposal updated