Delegate Oversight Committee Quarterly Report (Q2, 2026)
TL;DR
- Q2 2026 was the second and final quarter operating under the Delegate Incentivization Program transition terms, with the delegation threshold assessed on either Snapshot or Aragon.
- Seven delegates met all eligibility criteria, with a minimum of 75% voting participation on each platform.
- The full reward pool of $75K will be distributed equally among the seven eligible delegates (~$10.7K per delegate) in USD-denominated stablecoins.
Overview
The Delegate Oversight Committee reviewed delegate performance for Q2 2026 (April 1 – June 30), focusing on voting activity, delegation thresholds, and quality of governance participation.
The quarter covered 18 Snapshot proposals and 4 Aragon on-chain votes (#199 – #202). Delegate engagement remained high, with four of seven eligible delegates participating in every vote of the quarter.
Eligibility Assessment
- Delegation threshold: ≥1M LDO on Snapshot or Aragon as of the first day of the first voting slot of Q2 (April 6, 2026)
- Voting participation: ≥70% participation across all votes during the quarter
- Community engagement: Consistent and constructive participation in governance, including reasoning, feedback, and presence in discussions
Seven delegates satisfied all criteria and qualified for equal rewards.
Delegate Performance Table
| Delegate | Snapshot participation | Aragon participation | Eligibility |
|---|---|---|---|
| Anthony Leuts | 14/18 (77.8%) | 4/4 (100%) |  |
| Nansen | 18/18 (100%) | 3/4 (75%) | |
| polar | 18/18 (100%) | 4/4 (100%) | |
| Lanski | 18/18 (100%) | 4/4 (100%) | |
| cp0x | 18/18 (100%) | 4/4 (100%) | |
| Kuzmich | 18/18 (100%) | 4/4 (100%) | |
| batuX | 18/18 (100%) | 3/4 (75%) | |
Notes
- BatuX joined the eligible set this quarter, having met the delegation threshold as of the April 6 eligibility snapshot.
- PGov did not meet the delegation threshold as of the April 6 eligibility snapshot and is therefore not included in the eligible set for Q2, despite continued voting participation during the quarter. PGov may be included in future quarters if it meets the applicable eligibility criteria at the relevant snapshot date.
Sources: LDO Delegations | Dune, Snapshot, Governance Portal | Lido
Reward Allocation
As approved in the Snapshot vote, program rewards are distributed in USD-denominated stablecoins.
- Quarterly pool: $75,000
- Number of eligible delegates: 7
- Per delegate: $75,000 ÷ 7 ≈ $10,714
Next Steps
- Q2 2026 rewards will be distributed within three weeks of this report.
- The public delegate set will be reviewed, and inactive delegates may be removed.
- Starting in Q3 2026, program eligibility requires ≥1M LDO delegated on both Snapshot and Aragon, per the DIP 2.0 terms.