Lido Treasury Diversification — Part 3

Hey all. I’m going to join the club alongside Danny and Ameen and dox myself as the 3rd address that didn’t make the deadline.

Like Danny, I was not following the distribution process closely when the contract was deployed and I simply didn’t realize there was an expiry date until it was too late. Like Ameen, I don’t consider this is a particularly good excuse, and I’m frankly embarrassed about it.

My original plan when this proposal was put forward was to not say anything—I didn’t want to influence the outcome of this dialogue. The fact that Lido is having this discussion (and the way you are having it in the open) speaks volumes about Lido and its values/principles. The whole process makes me even more bullish on the project.

Background on me: I’ve been working on UMA since 2018, and before that I spent a decade in TradFi. I’ve spent a lot of time thinking about oracles and voting coin systems, which UMA has implemented, as well as financial contract designs. I’m most proud of our Optimistic Oracle design, which is the sort of challenge/response oracle system that I think is needed / missing from DeFi.

For obvious reasons I would like to participate in the diversification. But I also completely respect the decision making process going on here. You guys are doing this the right way.

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