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Stake DAOStake DAOby0xdAe82613eFB8cFe0C2778C9a7bef65B92DC8C11914458.lens

SDIP #20: Exempt the integration of incoming Liquid Lockers from the voting process

Voting ended over 3 years agoSucceeded

Summary :

This proposal aims to exempt the creation of coming Liquid Lockers from the voting process.

Context:

Liquid Lockers are now one of the most important products of Stake DAO, launched a few months ago now((cf: https://stakedaohq.medium.com/introducing-liquid-lockers-vesdt-5febcf169170) , they contribute to the deployment and evolution of the veTOKENS model project based, through the DeFi.

There are currently 5 Liquid Lockers integrated on Stake DAO:

  • CRV Liquid Locker (from Curve), -
  • ANGLE Liquid Locker (from Angle),
  • FXS Liquid Locker (from Frax),
  • BAL Liquid Locker (from Balancer)
  • APW Liquid Lockers, (from Apwine)

And many other Liquid Lockers are coming.

Rational :

The Liquid Lockers are intended to be a real crossroads where many projects of the DeFi ecosystem meet, and Stake DAO aims to be the reference in terms, meta-governance, liquidity and yield.

The creation of a project's liquid locker is relatively fast and the Stake DAO team may have to deliver more and more of them in the future due to the growing demand from other projects.

However, the current framework requires a proposal for each liquid locker integration, and as a result, the voting process for the integration of a new liquid locker can slow down the dynamic of creation and delivery of this product.

Furthermore, since it does not impact veSDT holders in any way, exempt the in coming Liquid Lockers from the voting process will not impact the interests of the stakeholders but simply encourages the progress and development of this product.

That being said, the voting process will be still required regarding gauges votes for SDT incentives.

Means: Resources needed for this proposal

  • Human resources: any humans resources are needed to implement this proposal
  • Treasury resources: any funds are needed to implement this proposal
  • Technical implementation: any technical implémentation is needed

Proposal specifications:

Admin(s): veSDT holders Community feedback: 2 days min Voting duration: 8 days

Off-Chain Vote

Yes, exempt
1.17M veSDT98%
No, don't exempt
23.35K veSDT2%
Abstain
0 veSDT0%
Download mobile app to vote

Discussion

Stake DAOSDIP #20: Exempt the integration of incoming Liquid Lockers from the voting process

Timeline

Sep 09, 2022Proposal created
Sep 09, 2022Proposal vote started
Sep 17, 2022Proposal vote ended
Oct 26, 2023Proposal updated