New snapshot proposal has been made! This vote ends on Friday.
Also, if you have more to say about this topic please don’t hesitate to post!
New snapshot proposal has been made! This vote ends on Friday.
Also, if you have more to say about this topic please don’t hesitate to post!
I have started another snapshot vote to lower Ethereum Referral rewards from 0.75% to 0.50% starting in the month of June.
This is a continuation of Lido’s efforts to gradually reduce rewards to a more sustainable level without drastically cutting rewards for partners that rely on the referral program for revenue.
The Snapshot Reduce Ethereum Referral rewards from 0.75% to 0.50% starting in June passed and got the quorum! Thank you for your votes!!
Results: Yes - 61M LDO - 99.98%
No - 15K LDO - 0.02%
Platform name : StakeDAO
Background information : Stake DAO is a non-custodial platform built on top of decentralized protocols that enables anyone to easily grow their crypto portfolio, which launched options vault strategies last August for ETH (call/put) and BTC (call) (see more Strategies | Stake DAO )
How you intend to make use of the Lido referral program : StakeDAO will release a new wstETH covered call options vault strategy - allowing anyone to deposit every week their ETH for wstETH into Stake DAO’s covered call option strategy to benefit from smart risk management and best-in-class yields. We will kickstart this referral program by encouraging our 9 272 ETH users deposits to migrate towards the new wstETH covered call option strategy.
Address : StakeDAO Multisig 0xF930EBBd05eF8b25B1797b9b2109DDC9B0d43063
I have started another snapshot vote to lower Ethereum Referral rewards from 0.50% to 0.25% starting in the month of July.
here is the snapshot vote Snapshot
This is a continuation of Lido’s efforts to gradually reduce rewards to a more sustainable level without drastically cutting rewards for partners that rely on the referral program for revenue.
The snapshot “Reduce Ethereum referral rewards from 0.50% to 0.25%” passed and got quorum
Results:
Yes, reduce to 0.25% - 58M LDO - 100%
No, keep at 0.50% - 1.3K - LDO - 0%
https://snapshot.org/#/lido-snapshot.eth/proposal/0x7ea98c84bc30c8b4dc6422e1cb98ca7ee48838fc3f5e2fbcc7b2dfa972fd33a9