Anthony Leuts - Delegate Thread

Delegate Platform
10

March 18 vote updates and reasoning:

  1. Onchain Vote 184: Optimizing Lido On-chain Voting Timelines for Inclusive Governance

Vote: YES

I have reviewed the payload and all the onchain changes seem correct including the vote times. It’s important to note when reviewing that the TOTAL vote duration is 5 days (call data: 432000) and the objection period 2 days (172800). This is correct with the main phase being “full voteTime - objectionTime”.

In relation to the social parameters of extending the vote duration, it makes sense. It was sadly too short before for voters to react and reach quorum.

Offchain Signals:

  1. # Lido DAO Ops Multisigs Policy 2.0

Vote: YES

This is a good start in increasing the security and opsec of the Lido DAO multisigs, however, I have followed-up with further questions as I believe there is room for improvement.

  1. # SSV Lido Module Proposal

Votes: YES

This should increase decentralizatiom both via an increase in permissionless participation as well as more robustness of the total validator set.

Anytime we can reduce barriers to entry for independent stakers and smaller node operators is a net positive for the Ethereum ecosystem.

  1. # MEV-Boost Relay Allowed List management via Easy Track

As @polar said: “Streamlining and improving governance, what more could one ask for. FOR.”

  1. # Ensuring Compatibility with Ethereum’s Pectra Upgrade

Vote: YES

Essential for Lido and Ethereum that Lido safely and securly is compatible with Ethereum’s Pectra Upgrade. This is a massive undertaking and proposal to review. I don’t even think many people can reasonably do this. Everything seems to make sense, and it’s being performed in a safe and staged way.

  1. # [EGG] Lido Labs BORG Foundation Grant Funding Request (Apr-Dec 2025)

Vote: YES

  1. # [EGG] Lido Ecosystem BORG Foundation Grant Funding Request (Apr-Dec 2025)

Votes: YES

It’s essential the Lido BORGS are well funded to carry-on the mission of the Lido DAO. However, I would be remiss to note that these costs are exporbinant compared to any other project in web3. Lido is without question a leader, that generates revenue, and has high-costs due to the nature of it’s product and offering. Lido has to continue to not only be the leading liquid staking provider, BUT, it also has to take market share from centralized parties such as Coinbase that put Ethereum at risk. Finally it also needs to diversify and reach new markets for its own growth and sustainability.

All that being said, I think it would be extremely wise to determine how to reduce costs where possible.

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