Project presentation: Protocol name: LIDO Twitter: https://twitter.com/LidoFinance Website : lido.fi
Summary: We propose to add the wstETH/WETH balancer strategy to SDT gauge to boost the strategy’s APR with SDT.
Rationale: Lido is the leading liquid staking solution - providing a simple and secure way to earn interest on your digital assets. By staking with Lido your assets remain liquid and can be used across a range of DeFi applications, earning extra yield.
The wstETH/WETH balancer strategy is the only strategy with a high TVL (currently over 8m$) without SDT incentives yet. Adding SDT incentives is the natural step to maximize sdBAL-gauged holders and DAO earnings over time.
We also already added SDT incentives on the stETH curve strategy.
Means: Human resources: Minimal developer time needed Treasury resources: No treasury resources needed
Technical Implementation: Add the wstETH/WETH balancer strategy to SDT gauge
Proposal specifications: Admin: veSDT holders Community feedback: 2 days minimum Voting Duration: 3 days