by
gropper.eth
Activate Lido Protocol Governance with Revenue Share Staking
Voting ended over 1 year 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 $LDO2.07M LDO43.6%
No - do not add revenue share2.67M LDO56.4%
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- Author
gropper.eth
- IPFS#bafkreie
- Voting Systemsingle-choice
- Start DateApr 05, 2024
- End DateApr 08, 2024
- Total Votes Cast4.74M LDO
- Total Voters119
Timeline
- Apr 05, 2024Proposal created
- Apr 05, 2024Proposal vote started
- Apr 08, 2024Proposal vote ended
- Jul 04, 2024Proposal updated