closedEnded 4 years ago · Snapshot (Offchain)
Refund 1,000,000 LDO spent for the new Curve pool incentives to the Lido dev team
By 0x0005...4990e3
The following is an extension to the proposal posted on the Lido governance forum. Last week the Lido dev team set up a new Curve factory pool “stETH Concentrated”, featuring a high A coefficient (1000) to support the stETH/ETH exchange rate & give way for leveraged stETH positions to be safely deleveraged. To attract liquidity to the pool fast enough, the dev team has allocated 1,000,000 LDO out of pocket as LP rewards for the first week. The situation had to be relieved faster than the regular reWARDS processes allow. We propose to refund the dev team for those expenses.
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0Votes 220
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x4580...6B5f81 | 20M | Yes |
 0xE017...184e63 | 17.563M | Yes |
 0xcC18...952575 | 12.01M | Yes |
 0x82a8...67f125 | 5.67M | Yes |
 0x0b30...78db52 | 115,741 | Yes |
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Proposal Status
- Tue May 17 2022, 04:15 pmVoting Period Starts
- Tue May 24 2022, 09:00 amEnd Voting Period
Current Results
1-Yes
55.501M