# Lido DAO to Stake MATIC Accumulated from stMATIC Rewards into MATIC Staking Quarterly

**URL:** <https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984>\
**Category:** General\
**Created:** [July 8, 2023, 9:16am UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984 "2023-07-08T09:16:34Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Kyros\_LOP](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/kyros_lop/32/3102_2.png) [@Kyros\_LOP](https://research.lido.fi/u/Kyros_LOP)\
**Post date:** [July 8, 2023, 9:16am UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/1 "2023-07-08T09:16:34Z")

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**Introduction:**  
To generate growth of Lido on Polygon protocol and increase MATIC rewards for the DAO, I propose staking MATIC tokens accumulated from protocol fee to Lido on Polygon protocol quarterly. This will help secure and decentralize network, strengthen the ecosystem, and help increase stMATIC market share.

**Objective** : The primary focus of this proposal is to stake MATIC generated from protocol fees on quarterly basis

1. **Grow stMATIC Mcap** : By staking MATIC generated by the protocol fee, the DAO effectively helps increase the market cap of stMATIC which helps to keep network more secure and decentralized.

2. **Increases Trust** : It increases community trust among Polygon users of Lido protocol, as Lido DAO stakes treasury into Lido on the Polygon protocol.

**Projected Numbers:**

Total staked MATIC with LoP: 138,612,781 MATIC  
Average monthly MATIC rewards: 28,877 MATIC  
Average Quarterly MATIC rewards: 86,631 MATIC  
Estimated annual MATIC rewards: 346,524 MATIC

Staking accumulated MATIC rewards into stMATIC will generate approximately additional 4.43% MATIC rewards annually.

Regards,  
Kyros (LoP BD)

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**Author:** ![Kyros\_LOP](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/kyros_lop/32/3102_2.png) [@Kyros\_LOP](https://research.lido.fi/u/Kyros_LOP)\
**Post date:** [July 10, 2023, 10:21am UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/2 "2023-07-10T10:21:06Z")

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EDIT: The proposal is to stake all MATIC tokens from the treasury wallets on the quarterly basis so that would cover the existing MATICs.

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**Author:** ![dgusakov](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/dgusakov/32/1238_2.png) [@dgusakov](https://research.lido.fi/u/dgusakov)\
**Post date:** [July 26, 2023, 2:16pm UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/3 "2023-07-26T14:16:29Z")

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I fully for the proposal. It is good from both economical and narrative perspective.

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**Author:** ![steakhouse](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/steakhouse/32/1878_2.png) [@steakhouse](https://research.lido.fi/u/steakhouse)\
**Post date:** [July 27, 2023, 8:12am UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/4 "2023-07-27T08:12:50Z")

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No brainer imo, we can slide into the TMC pipeline for execution, or it can go to a DAO vote regardless.

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**Author:** ![dgusakov](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/dgusakov/32/1238_2.png) [@dgusakov](https://research.lido.fi/u/dgusakov)\
**Post date:** [November 1, 2023, 5:17am UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/5 "2023-11-01T05:17:58Z")

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Any updates on this topic? I still find this proposal valuable for the DAO.

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**Author:** ![Marin](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/marin/32/5448_2.png) [@Marin](https://research.lido.fi/u/Marin)\
**Post date:** [November 1, 2023, 11:50am UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/6 "2023-11-01T11:50:35Z")

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@kadmil can this be “easy tracked”?

Onchain voting each time would be really OPS/voter intensive but since the beneficiary address would still be the treasury address might make sense to have simple way of doing it?

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**Author:** ![kadmil](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/kadmil/32/1958_2.png) [@kadmil](https://research.lido.fi/u/kadmil)\
**Post date:** [November 20, 2023, 10:31am UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/7 "2023-11-20T10:31:54Z")

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Gm gm, sorry for the delayed reply. That’s something technically doable, but the DAO Ops team is overloaded on impl side; designing & implementing & auditing ETs would prob take ~weeks & audit would cost at least twice the finger in the wind opportunity cost figure.

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**Author:** ![marcbcs](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/marcbcs/32/2659_2.png) [@marcbcs](https://research.lido.fi/u/marcbcs)\
**Post date:** [November 21, 2023, 12:05pm UTC](https://research.lido.fi/t/lido-dao-to-stake-matic-accumulated-from-stmatic-rewards-into-matic-staking-quarterly/4984/8 "2023-11-21T12:05:02Z")

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hey @kadmil, I have added this to the TMC tracking sheet and documented it properly. IMO it’s a no brainer as we did for ETH, but understand you can’t do it now.

Is this something that you think the DAO Ops team will be able to pick up in 2024?
