Proposal: LDO Treasury Diversification - Part 3
During the May’s Lido Treasury Diversification (Proposal: LDO Treasury Diversification & Proposal: LDO Treasury Diversification - Part 2, three angel investors weren’t able to make the purchase in one-month timeframe built into the purchase smart contract.
The proposal is to grant the angels the opportunity to participate in the round, fulfilling Lido’s part of agreement made with strategic investors.
The total amount of the purchase is 462962.9629629634 LDO, and the vesting terms are to be set the same 1-year lock + 1-year vesting, 1-month timeframe for making the purchase. The discussion could be found on Lido forum.
The proposed options are:
- Allow the purchase of the 462962.9629629634 LDO by the same price as in the round (100.0000000000001 ETH for the 462962.9629629634 LDO).
- Allow the purchase of the 462962.9629629634 LDO by the price of 30-day TWAP with 30% discount.
- Allow the purchase of the 462962.9629629634 LDO, price & terms to be discussed.
- Don’t allow the purchase.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xb842...F182B0 | 17.718M | Allow purchase, terms tbd |
 0x7eE0...36bb6C | 10.017M | Allow purchase, old price |
 0x22aA...E91D69 | 7.51M | Don't allow the purchase |
 0x10F5...D2d2fE | 5.013M | Allow purchase, terms tbd |
 0x55Bc...8ff0fA | 5M | Allow purchase, 30% off TWAP |
VOTE POWER
Proposal Status
- Tue September 14 2021, 06:00 pmVoting Period Starts
- Fri September 17 2021, 04:00 pmEnd Voting Period
Current Results
1-Allow purchase, terms tbd
22.833M
2-Allow purchase, old price
10.031M
3-Don't allow the purchase
7.512M