closedEnded 4 years ago · Snapshot (Offchain)
Top up referral program's budget and reduce rewards to Ethereum referral program
By 0x66cc...9BF5A0
Lido Referral Program achieved its goals in growing TVL (681K ETH rewarded stake).
At the moment 2/3 of the referral rewards pool is paid out (9.27M LDO) and will run out soon.
After discussion on Lido’s governance forum(https://research.lido.fi/t/referral-program-reform/1907) I propose the following:
-Top up Lido’s referral program budget back to 15 million LDO -Update the Ethereum referral program’s terms and conditions to reduce referral rewards to a TWAP of 0.25% LDO per ETH staked(reward amount in LDO is calculated each payout week based on ETH/USD and LDO/USD 14 days)
Connect Wallet to Add Note
0Votes 55
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xcC18...952575 | 20.01M | No |
 0xb842...F182B0 | 17.718M | No |
 0x8b16...b9765B | 15M | No |
 0x7eE0...36bb6C | 8.767M | Yes |
 0xB3DF...caD909 | 5.799M | No |
VOTE POWER
0
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Proposal Status
- Fri April 08 2022, 04:48 pmVoting Period Starts
- Fri April 15 2022, 06:00 pmEnd Voting Period
Current Results
1-No
84.102M
2-Yes
8.889M