Lido DAO

Summary

This proposal is to onboard new node operators to the Lido on Ethereum Node Operator Set.

Proposal

The goal of onboarding new node operators is to improve the decentralization and resilience of the Lido protocol, as well as to bring on new organizations with strong skill sets and alignment with Lido’s values.

The onboarding round is occurring in two stages.

In Stage 1, the Lido Node Operator Sub-governance Group (LNOSG) reviewed and evaluated 14 onboarding applications, resulting in two applicants proposed for the Stage 1 shortlist for onboarding onto Lido on Ethereum.

The Stage 2 evaluation and subsequent shortlist proposal are tentatively planned for the end of August/early September when additional candidates for inclusion will be proposed.

The two shortlisted candidates proposed by the LNOSG were deemed to appropriately reflect the onboarding goals outlined in the Lido Operator Set Strategy and the “Factors to Consider’’ section of the onboarding announcement.

Following a meeting on July 11, 2023, the LNOSG recommended the following applicants for inclusion into the node operator set for the Ethereum protocol (in alphabetical order):

• Launchnodes Limited
• SenseiNode Inc

Next steps

This vote will run for seven days and seeks LDO holder approval of the onboarding of the above-mentioned node operators for the respective protocol, provided the operators confirm their desire to join.

In case the Snapshot concludes in favor of onboarding, the Aragon vote will follow to add node operators accordingly.

For more information, please see the relevant onboarding announcement and evaluation results posted on our forums.