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BTC $63,023.02 +0.05%
ETH $1,880.89 +0.04%
BNB $607.29 -0.05%
XRP $1.00 +0.33%
SOL $75.29 -0.04%
TRX $0.3309 -0.47%
DOGE $0.0695 -0.61%
ADA $0.1761 -2.05%
BCH $203.43 -0.56%
LINK $9.47 +5.63%
HYPE $56.84 +0.72%
AAVE $86.15 -0.19%
SUI $0.6765 -0.73%
XLM $0.1579 -0.02%
ZEC $487.02 -1.13%

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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