Nansen Delegate Thread

Proposal: Lido Community Staking Module Mainnet Release Setup
Nansen Vote: Approve CSM mainnet release
Reasoning: We support this proposal as the Community Staking Module (CSM) represents a significant advancement in Lido’s infrastructure that aligns with core principles of decentralization and accessibility. The permissionless design with a non-linear bond scaling ensures a balanced approach to growth. The Early Adoption period with beneficial bond curves specifically promotes solo and community staker participation, helping to diversify Lido’s validator set and reduce concentration risk.

Vote 179: LIP-22: stETH on L2 — wstETH on Optimism bridge endpoints upgrade
Nansen Vote: Yes
Reasoning: Nansen support this upgrade as implementing rebasable stETH alongside wstETH on Optimism will expand Lido’s utility across the Optimism ecosystem. The “Easy Track” setup for funding the Lido Alliance Operational Multisig will streamline operations - This implementation represents a balanced approach to growing Lido’s cross-chain presence while maintaining efficient governance.

Proposal: Integrate CSM into the Decentralized Validator Vault
Nansen Vote: Yes
Reasoning: We see integrating the Community Staking Module (CSM) into the Decentralized Validator Vault (DVV) as mutually beneficial ecosystem decision. The integration enhances Lido’s validator set decentralization and infrastructure resilience through DVT’s security features, including Distributed Key Generation. With DVV’s proven staking track record this expansion represents a strategic enhancement to Lido’s staking infrastructure while maintaining balanced incentives for all stakeholders.

Proposal: Lido Alliance application: Bolt
Nansen Vote: Onboard Bolt to Lido Alliance
Reasoning: We voted to support the onboarding of Bolt as we are aligned with the Lido Alliances assessment and recommendation. See the following post for our follow up questions and discussion ahead of voting.

Proposal: Should the Lido DAO recognize the wstETH bridge endpoints on Zircuit as canonical?
Nansen Vote: Recognize
Reasoning: We are in support of the Zircuit deployment and the new SLS transaction and hack prevent mechanism. The proposal includes satisfactory audits and we think Zircuits demand can be a positive force for wstETH.

Proposal: Increase the Proposal Threshold for Snapshot
Nansen Vote: Do nothing
Reasoning: We align with the community feedback and sentiment that this proposal is not effective in solving the mentioned issue and also the limited preparation for the actual proposal before going to a vote.

Proposal: Change Easy Track limits for PML & ATC
Nansen Vote: Support the change
Reasoning: We see this as a sensible update to the limits given the previous experience of the DAO Ops team and the cash flow analysis.

Vote 180: Staking Router + Community Staking Module upgrade
Nansen Vote: Yay
Reasoning: We support releasing the Community Staking Module (CSM) for permissionless staking and upgrade the Staking Router to ensure compatibility with CSM and future modules, improving system efficiency.