Reduce Ethereum referral rewards from 0.50% to 0.25%
Referral reward amount in LDO is calculated each payout week based on ETH/USD and LDO/USD 14 days (whole referral period).
If this snapshot vote passes the referral rewards will be a TWAP of 0.25% payback. The minimum reward will still be 5 LDO and the maximum reward amount 20 LDO per 1 ETH staked.
Off-Chain Vote
Yes, reduce to 0.25%
57.63M LDO100%
No, keep at 0.50%
1.29K LDO0%
Timeline
Jun 23, 2022Proposal created
Jun 23, 2022Proposal vote started
Jun 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated