Activate Lido Protocol Governance with Revenue Share Staking
$LDO Revenue Share
a. Redirect 20-50% (toggle-able parameter based on governance) of future Lido DAO revenue from the protocol treasury to $LDO Stakers
b. Distribute Lido DAO revenue to $LDO stakers in $LDO tokens weekly through a buyback and distribute mechanism (exact mechanics will be determined separately)
i. This mechanism allows all $LDO holders (not just stakers) to benefit from the revenue generated by the protocol ii. All stakers will ‘receive’ token as weekly emissions. All earned tokens will be vested for 3-months before distribution accruing compounded emissions.
The aforementioned is based on included link and subsequent conversation.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x1109...CC43dA | 2.042M | Yes- add revenue share to $LDO |
0xEEF1...eFAf9D | 1.667M | No - do not add revenue share |
0x7A59...d08e22 | 676,681 | No - do not add revenue share |
0xE80e...9828e8 | 318,843 | No - do not add revenue share |
0xcDeF...B69A9b | 13,808 | Yes- add revenue share to $LDO |
VOTE POWER
Proposal Status
- Fri April 05 2024, 05:03 amVoting Period Starts
- Mon April 08 2024, 05:03 amEnd Voting Period
Current Results
1-No - do not add revenue share
2.673M
2-Yes- add revenue share to $LDO
2.067M
