Nominate the Gas Supply Committee as a supervisor for gas expenditure

Proposals
14

Gas Supply Easy Track Security Limit Adjustment

TL;DR

ETH gas prices have declined materially since the Gas Supply Committee mandate was approved in 2023. As a result, the Committee’s actual spending no longer justifies the current on-chain Gas Supply Easy Track factory limit of 1,000 stETH per year. Given that only 22.6 stETH equivalent was spent in 2025, it is proposed to reduce the on-chain security limit to 150 stETH per year. This would better reflect current operational needs while still preserving sufficient headroom for Lido protocol gas expenses and potential short-term gas price spikes.

Motivation

Since the Gas Supply Committee mandate was introduced and approved in 2023, the operating environment has changed enough to warrant revisiting the current on-chain Gas Supply Easy Track factory limit.

At the time the framework was established, the 1,000 stETH annual limit was reasonable given prevailing ETH gas prices. Both the budget and the on-chain security limits were set conservatively to ensure uninterrupted protocol operations.

Today, the situation is materially different. With ETH gas prices having decreased significantly, the Committee no longer requires the same degree of flexibility. Based on 2025 spending, only 22.6 stETH equivalent was used over the course of the year, which suggests that the current 1,000 stETH annual limit is substantially higher than what is needed in practice.

Proposal

In light of the above, it is proposed to:

  • Reduce the on-chain Gas Supply Easy Track factory limit from 1,000 stETH per year to 150 stETH per year. This would preserve sufficient operational headroom for routine gas expenses while aligning the framework more closely with actual usage and improving the overall proportionality of the control setup.
  • Set the on-chain Gas Supply Easy Track factory spent amount for the current period to 0. This would reset the carried-forward spent amount from the 2024 period, when the last ET motion was executed for this factory.
  • Keep the existing Gas Supply Committee mandate unchanged, including the approved existing budget of 1,000 stETH per year. If gas prices change materially in the future, the on-chain security limit can be changed through Aragon voting, provided it remains within the approved budget.

Next Steps

Include a proposal for the Lido DAO to consider reducing the on-chain Gas Supply Easy Track factory limit to 150 stETH per year and setting the spent amount for the current period to 0 via an Aragon vote.

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