Announcement: Onboarding for (Terra Wave 3)

I’d like to update you with the results of the onboarding application evaluations that took place on Monday March 28, 2022.

Evaluation Results

We had an astounding turnout this round, with 65 applicants, and in general a very strong applicant pool. Given the strength of the applicants, the The Lido Node Operator Subgovernance Group (LNOSG) decided to nominate 21 applicants for the proposed shortlist and 2 applicants for a waitlist.

Three shortlisted applicants (those marked with an *) have been asked to provide some additional information before the full DAO proposal will be made. In case the LNOSG finds the provided information to be insufficient for its purposes, it may decide to replace the shortlisted applicant(s) with those from the waitlist.

Shortlisted applicants have been asked to confirm their desire to join the Lido Terra operator set. In case they do not reply affirmatively, or for some other reason cannot join this round, the waitlisted applicants (in the order depicted) will be offered the chance to join the slot.

During the meeting on Mar 28 2022, the LNOSG has unanimously decided to propose the following applicants for inclusion into our node operator set for the Terra protocol (in no particular order):

Shortlist
Chainlayer
Stakely
RockX
BridgeTower Capital
Allnodes Inc
EASY 2 STAKE
Blockdaemon
RBF Staking
Terran one
InfStones
BTC.Secure
SkillZ
Coinhall
AUDIT.one (Persistence Staking Pte. Ltd)
Cosmic Validator
Solva Blockchain Solutions (CryptoCrew Validators)*
MissionControl*
moonshot*
Delight Labs
PFC
BlockNgine
Waitlist
Orbital Command
0Base

You can find the full PDF with summary statistics and the recordings of the introduction and conclusion to the LNOSG evaluation meeting on our NOM public drive. Due to the privileged/confidential nature of some of the information provided in some of the applications, the portion of the call where applications were discussed in detail was not recorded.

Both shortlisted and non-shortlisted applicants have been emailed notifying them of the results. Where relevant, applicants who were not shortlisted also received comments regarding potential ways to improve their application in future rounds should they wish to reapply. If for some reason you applied but did not receive an email, please reach out to [email protected].

Governance voting

A snapshot will be proposed in the coming days and the link will be added here: PENDING. The snapshot will be for the inclusion of the 21 (or fewer, in case applicants cannot continue and the waitlist has been exhausted) Terra Operators. Should the DAO disagree with any of the proposed applicants, the LNOSG will reconvene to propose edits to the list.

Next Steps

I will be coordinating with the Terra team to align on timelines for onboarding the new node operators onto Lido’s Terra mainnet operator set. The estimated timeline for the new node operators to be fully on mainnet is sometime in April.