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Stake DAOStake DAOby0xF4fD07eB3Dbd55C12FB75D0EBf5F6A2888f418410xF4fD…1841

SDIR-10┃Add the wstETH/WETH balancer strategy to SDT gauge

Voting ended over 3 years agoSucceeded

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

Off-Chain Vote

Yes, Add the wstETH/WETH
194.05K veSDT87.5%
No, reject the SDT boosti
27.76K veSDT12.5%
Abstain
0 veSDT0%
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Discussion

Stake DAOSDIR-10┃Add the wstETH/WETH balancer strategy to SDT gauge

Timeline

Jul 27, 2022Proposal created
Jul 27, 2022Proposal vote started
Jul 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated