by
shalfey.eth
Refund 1,000,000 LDO spent for the new Curve pool incentives to the Lido dev team
Voting ended about 3 years agoSucceeded
The following is an extension to the proposal posted on the Lido governance forum. Last week the Lido dev team set up a new Curve factory pool “stETH Concentrated”, featuring a high A coefficient (1000) to support the stETH/ETH exchange rate & give way for leveraged stETH positions to be safely deleveraged. To attract liquidity to the pool fast enough, the dev team has allocated 1,000,000 LDO out of pocket as LP rewards for the first week. The situation had to be relieved faster than the regular reWARDS processes allow. We propose to refund the dev team for those expenses.
Off-Chain Vote
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- Author
shalfey.eth
- IPFS#QmPgAE3G
- Voting Systemsingle-choice
- Start DateMay 17, 2022
- End DateMay 24, 2022
- Total Votes Cast55.5M LDO
- Total Voters220
Timeline
- May 17, 2022Proposal created
- May 17, 2022Proposal vote started
- May 24, 2022Proposal vote ended
- Feb 21, 2025Proposal updated