SDIR-10┃Add the wstETH/WETH balancer strategy to SDT gauge
Project presentation: Protocol name: LIDO Twitter: https://twitter.com/LidoFinance Website : lido.fi
Summary: We propose to add the wstETH/WETH balancer strategy to SDT gauge to boost the strategy’s APR with SDT.
Rationale: Lido is the leading liquid staking solution - providing a simple and secure way to earn interest on your digital assets. By staking with Lido your assets remain liquid and can be used across a range of DeFi applications, earning extra yield.
The wstETH/WETH balancer strategy is the only strategy with a high TVL (currently over 8m$) without SDT incentives yet. Adding SDT incentives is the natural step to maximize sdBAL-gauged holders and DAO earnings over time.
We also already added SDT incentives on the stETH curve strategy.
Means: Human resources: Minimal developer time needed Treasury resources: No treasury resources needed
Technical Implementation: Add the wstETH/WETH balancer strategy to SDT gauge
Proposal specifications: Admin: veSDT holders Community feedback: 2 days minimum Voting Duration: 3 days
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x2f70...B0B0F5 | 117,728 | Yes, Add the wstETH/WETH |
0x37B1...c85724 | 27,755 | No, reject the SDT boosti |
0xc113...e5AD01 | 21,545 | Yes, Add the wstETH/WETH |
0x0e56...0a2DD8 | 18,427 | Yes, Add the wstETH/WETH |
0x7618...39b18E | 10,494 | Yes, Add the wstETH/WETH |
VOTE POWER
Proposal Status
- Wed July 27 2022, 11:50 amVoting Period Starts
- Sat July 30 2022, 10:00 amEnd Voting Period
Current Results
1- Yes, Add the wstETH/WETH
194,051.952
2-No, reject the SDT boosti
27,755.299
