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ETH $2,487.58 -0.14%
BNB $749.80 +1.40%
XRP $1.43 +2.72%
SOL $103.53 -0.37%
TRX $0.3389 +1.36%
DOGE $0.0896 -0.19%
ADA $0.2216 +1.20%
BCH $257.05 -1.29%
LINK $12.63 -0.84%
HYPE $84.44 -0.67%
AAVE $129.35 -1.85%
SUI $0.8117 -1.67%
XLM $0.1891 -0.47%
ZEC $1,161.45 +0.66%

The Lido community has initiated a new proposal to activate Lido protocol governance through yield-sharing staking

2024-04-05 23:36:07

According to ChainCatcher's message, the Lido community has initiated a proposal vote titled "Activating Lido Protocol Governance through Revenue Sharing Staking," which will end on April 8.

The proposal states that it plans to redirect 20-50% of future Lido DAO revenue (based on governance-switchable parameters) from the protocol treasury to LDO stakers, and distribute Lido DAO's revenue to LDO stakers in the form of LDO tokens through a weekly buyback and distribution mechanism (the specific mechanism will be determined separately).

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