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BNB $606.29 -0.71%
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TRX $0.3321 -0.55%
DOGE $0.0697 -0.65%
ADA $0.1784 -1.74%
BCH $203.65 -0.99%
LINK $8.93 +0.78%
HYPE $55.78 -2.41%
AAVE $85.37 -3.36%
SUI $0.6756 -1.66%
XLM $0.1581 -0.80%
ZEC $489.74 +0.79%

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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