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DOGE $0.0716 -1.09%
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BCH $200.01 +0.24%
LINK $7.19 -1.36%
HYPE $63.83 -3.00%
AAVE $85.79 -5.27%
SUI $0.6896 -0.42%
XLM $0.1935 +11.24%
ZEC $393.65 -1.78%

The Lido community has initiated a proposal vote to approve the establishment of the treasury management committee

2023-04-21 16:23:25
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According to ChainCatcher news, the Snapshot voting page shows that the Lido community has opened a proposal vote today regarding the approval of DAO fund management principles and the authorization to establish a treasury fund management committee. The current support rate is 99.12%, and the voting will end on April 28.

The proposed treasury management principles include that ETH is the primary unit of account for Lido DAO, that Lido DAO's funds are a source of protocol resilience and future growth, which can fund plans to further achieve the goals of protocol decentralization and network security; the risk of loss of treasury funds should be minimized under any circumstances; all treasury ETH must be staked in Lido; and LDO holders have the final say. (Source link)

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