I would like to inform you about a recent decision made by a group of Lido DAO Contributors. We have established a Voteron multisig for snapshot voting, which serves as a non-official delegate for contributors who are unable to vote due to various reasons, including lack of capacity, vacation, or simply want to delegate their voting power (VP) to a group of initiative contributors.
The Voteron multisig consists of six signers and uses a 2/6 scheme for voting. Two more signers would be added and the scheme would be changed to 3/8 till mid-June.
Voteron doesn’t accept non-contributors signers. We want to keep consistency and save alliance in values by only contributors signers.
Voteron signers will keep you informed of any updates on any changes to the list of signers on this topic. If you have any questions or concerns, please feel free to reach out.
Hey @Jenya_K, thanks for this initiative!
I believe it may prove to be convenient for those with scarce capacity.
Is anyone who has delegated their voting power to this multisig also able to override its decision in case do not agree on particular topic or have changed their minds?
That’s correct for most situations!
The delegation strategy of Lido DAO on Snapshot designed to allow delegators to vote on their own if they choose to. In such cases, the voting power will be subtracted from the delegate voting power, even if the delegate has already cast a vote.
After a year of excellent contribution to Lido DAO’s sustainability, the contributors have decided that it would be good practice to rotate at least 50% of the signers annually.
Some of the current signers have expressed their desire to resign: @Jenya_K - 0xF72152bf1bA59457e7aD0415B0d8dA7A6325801a @GrStepanov - 0x8D0855047b59a5f11262f095ee724b5A59a89710 @rkolpakov - 0xc736b43db703f23c2DE3b87A614a7717e028a38a @TheDZhon - 0x59F8D74Fe49d5ebEAc069E3baf07eB4b614BD5A7
They will be replaced by new signers: @vtrush 0x2cb94120d35a772B5440D5cdbb81B27EBBE86812 @sssngth 0x11d2ebbb6672e2a469a645f7a696cffd49f5552d @psirex 0xfb864c1127ff77215d0a8e652bb632f526a4a89f @DeFiYaco 0x59d07dc34B135B17b87840a86BFF7302039E7EDf @IvanM 0xfb5bc7e672922b1d1bd296c439b32d95b492d2a1
Voteron will continue to operate as a delegate for contributors but does not plan to participate in the public delegate platform or the incentivization program.