by
kadmil.eth
Proposal: LDO Treasury Diversification - Part 3
Voting ended almost 4 years agoSucceeded
During the May’s Lido Treasury Diversification (Proposal: LDO Treasury Diversification & Proposal: LDO Treasury Diversification - Part 2, three angel investors weren’t able to make the purchase in one-month timeframe built into the purchase smart contract.
The proposal is to grant the angels the opportunity to participate in the round, fulfilling Lido's part of agreement made with strategic investors.
The total amount of the purchase is 462962.9629629634 LDO, and the vesting terms are to be set the same 1-year lock + 1-year vesting, 1-month timeframe for making the purchase. The discussion could be found on Lido forum.
The proposed options are:
- Allow the purchase of the 462962.9629629634 LDO by the same price as in the round (100.0000000000001 ETH for the 462962.9629629634 LDO).
- Allow the purchase of the 462962.9629629634 LDO by the price of 30-day TWAP with 30% discount.
- Allow the purchase of the 462962.9629629634 LDO, price & terms to be discussed.
- Don't allow the purchase.
Off-Chain Vote
Allow purchase, old price10.03M 21.1%
Allow purchase, 30% off TWAP7.18M 15.1%
Allow purchase, terms tbd22.83M 48%
Don't allow the purchase7.51M 15.8%
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- Author
kadmil.eth
- IPFS#QmYJX7SN
- Voting Systemsingle-choice
- Start DateSep 14, 2021
- End DateSep 17, 2021
- Total Votes Cast47.55M
- Total Voters20
Timeline
- Sep 14, 2021Proposal created
- Sep 14, 2021Proposal vote started
- Sep 17, 2021Proposal vote ended
- Oct 26, 2023Proposal updated