# Nansen Delegate Thread

**URL:** <https://research.lido.fi/t/nansen-delegate-thread/8303>\
**Category:** Delegate Platform\
**Created:** [September 6, 2024, 5:59am UTC](https://research.lido.fi/t/nansen-delegate-thread/8303 "2024-09-06T05:59:09Z")\
**Posts on this page:** 1\
**Showing post:** 21

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**Author:** ![Nansen](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/nansen/32/4925_2.png) [@Nansen](https://research.lido.fi/u/Nansen)\
**Post date:** [May 13, 2026, 6:23am UTC](https://research.lido.fi/t/nansen-delegate-thread/8303/21 "2026-05-13T06:23:55Z")

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**Proposal: [Node Operator Type Assessment Framework | CMv2](https://research.lido.fi/t/node-operator-type-assessment-framework-cmv2/11477)**  
**Voted: Approve**  
**Reasoning:** The framework gives the CM Committee a more granular tool for matching operator incentives to the priorities the protocol actually cares about. Splitting passive LDO holding from holding-plus-voting under Extra Effort, and the mitigations discussed in the forum thread around post-assessment balance drops, address the borrowed-LDO gaming concern raised by Staking Facilities.

> Nansen is onboarded as an identified NO for stVaults.

**Proposal: [Liquid Buybacks | NEST execution with LDO/wstETH liquidity](https://research.lido.fi/t/liquid-buybacks-nest-execution-with-ldo-wsteth-liquidity/10894)**  
**Voted: For**  
**Reasoning:** NEST is the first programmatic link between Lido protocol revenue and LDO, which the buyback debate has been circling for more than a year. The cap structure (50% surplus share, $50k daily, $10M annual rolling, 2% slippage guard) is conservative, fully reversible via DAO vote, and the LP-mode start keeps LP tokens DAO-owned. We acknowledge the IL objections and the pushback on the $40M revenue baseline and we would like the TMC to publish a quarterly NEST report covering cumulative IL, LDO acquired, baseline review, and any case for parameter recalibration before the launch on-chain vote.

**Proposal: [CircuitBreaker | Programmable Panic Layer](https://research.lido.fi/t/circuitbreaker-programmable-panic-layer/11400)**  
**Voted: Support**  
**Reasoning:** CircuitBreaker removes the redeployment treadmill that GateSeal renewals have become while preserving the safeguards. Net reduction in operational risk and DAO bandwidth.

**Proposal: [Pier Two joins MAVAN | a Bitmine Immersion Technologies  
Company](https://research.lido.fi/t/pier-two-joins-mavan-a-bitmine-immersion-technologies-company/11380)**  
**Voted: For**  
**Reasoning:** Pier Two and Bitmine have confirmed the team, validator infrastructure, monitoring, and key management remain unchanged, and the Curated Module Committee found no concerns warranting removal.

**Proposal: [Update Easy Track setup for Liquidity Observation Lab to align with  
EGG](https://research.lido.fi/t/update-easy-track-setup-for-liquidity-observation-lab-to-align-with-egg/11535)**  
**Voted: For**  
**Reasoning:** The recalibration to match the LDO accumulation program and EGG mandate already approved by the DAO. No incremental budget. The dedicated stablecoin payment factory removes manual-swap overhead that has been a recurring operational drag on LOL execution.

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_[View the full topic](https://research.lido.fi/t/nansen-delegate-thread/8303)._