This is a vote to onboard a DAO-vetted Head of Legal & General Counsel for the Lido DAO based on the two following proposals:
The value in this role is time, cost, speed, and risk avoidance. What was the legal landscape before is not now. The scope of Lido projects has broadened. The timing and criticality of the evolving legal landscape needs to be managed to avoid legal pitfalls and to establish sound operational strategies going forward. It will help make or break Lido’s long-term success by helping to see around corners from business and legal perspectives.
Having our own in-house contributor in this role will source all the best resources in the fastest time frame. No learning curve in finding the resources because the lawyer is embedded in operations, and a reduction in the cost of outside counsel. Under the compensation scheme this person will have vested interest in our success.
Thus, an in-house legal role is needed for Lido. Rotorless is a highly qualified candidate who we believe would excel in this role.