TAP-10: Lido Whitelist

Voting ended almost 4 years agoSucceeded

Summary: Seek Authority from the community to whitelist Lido

Motivation: Whitelisting Lido will allow Olympus to earn yield on idle ETH reserve while supporting the upcoming Ethereum network upgrade.

Protocol Description: Lido is a liquid staking solution for ETH 2.0 backed by industry-leading staking providers. Lido lets users stake their ETH - without locking assets or maintaining infrastructure - whilst participating in on-chain activities, e.g. lending. Lido attempts to solve the problems associated with initial ETH 2.0 staking - illiquidity, immovability and accessibility - making staked ETH liquid and allowing for participation with any amount of ETH to improve security of the Ethereum network.

Risk Score: 3.4/10

Full Analysis: https://docs.google.com/spreadsheets/d/12jjxF9uL1epz5wlGG6rOtgeeEKrtUjCr8u2JuwntKRE/edit#gid=0

Off-Chain Vote

Yes

46.05K OHM99.9%

37.07 OHM0.1%

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Timeline

Apr 06, 2022Proposal created

Apr 06, 2022Proposal vote started

Apr 10, 2022Proposal vote ended

Oct 26, 2023Proposal updated