Enable governance for SD tokens on other EVM chains and on major LP positions

We propose to grant governance participation to SD token holders on other EVM chains, as well as liquidity providers on Balancer (80SD:20ETH) and Uniswap V3 (50SD:50USDC).

Several reasons for this:

• Ease of implementation: This feature is easily supported by Snapshot, our governance platform.

• Further decentralization: It is expected to significantly boost the governance activity of the Stader DAO. Should this vote pass, Stader DAO governance scope would increase from 15,663 to 30,168, a 93% increase.

• Democratization of governance: given the high gas fees on Ethereum mainnet, many long-time users and supporters of Stader choose to hold their SD (accumulated in many cases from their own activity and interaction with the platform, be it in the form of staking or in the form of LST DeFi usage) on “cheaper-to-use” chains like BNBchain, Polygon and Fantom. Granting them governance participation is the most sensible course of action.

• Increased SD Liquidity Depth: Once adding liquidity does not come at the expense of relinquishing governance rights, more Community members might feel compelled to participate in Liquidity Provision activities.