Continue LDO Reward Initiative With 3,750,000 LDO for stETH/ETH Curve

LDO rewards for stETH/ETH curve LPs are set for expiration on August 12th.

The following proposal is to continue the rewards for the next 30 day period using the same amount: 3.75M LDO for the next 30 days.

stETH:ETH pool is the largest liquidity pool in all of DeFI, and liquidity within this pool is paramount for stETH as it is a precursor to listing on DeFI money markets.

The original proposal for LDO Curve incentive can be found here: Incentivizing Curve stETH liquidity with LDO.

Voting for this proposal will feature in the weekly Lido DAO Omnibus vote set for Thursday August 5th, 2021.

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What incredible growth for a LP pool that started in early Spring, if I recall correctly.

Now it’s the biggest in all of DeFi. That’s awesome, let’s definitely keep it going