Lido to prepare for the bear market

First of all, I’m not sure whether the team’s salary should be paid by DAO treasury. There is 15% of the $LDO total supply allocated to “Founders and future employees”. Did I misunderstand those tokens’ usage?

I’m also not sure whether now it’s the right time to make a $20m deal at a time. If the purpose is just for operations expenses, there are some other options for us.

  1. Buy $stETH with $ETH while there is a discount, and then paired with $ETH as an LP on Uniswap v3 or other DEXs. We can use the trading fees for operation expenses.

  2. As I have proposed in another proposal, we can directly invest in other ecosystem related projects, which can generate cash flow for DAO treasury to support operation expenses. In the case of Balancer, we may provide liquidity on wstETH-ETH pool & LDO-WETH pool, invest in BAL-ETH pool and locked for a fixed period of time. It can also bring cash flow for DAO treasury in much minimum assets selling risks.

1 Like