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closedEnded 2 years ago · Snapshot (Offchain)

Activate Lido Protocol Governance with Revenue Share Staking

By 0xcDeF...B69A9b

$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.

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0
Votes 119
VoterCast PowerVote & 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

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VOTE POWER
0
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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

56.39%

2-Yes- add revenue share to $LDO

2.067M

43.61%
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