# Request to authorise a 22M LDO ceiling for a four year contributor Token Reward Plan (TRP)

**URL:** <https://research.lido.fi/t/request-to-authorise-a-22m-ldo-ceiling-for-a-four-year-contributor-token-reward-plan-trp/3833>\
**Category:** Proposals\
**Created:** [February 9, 2023, 9:18am UTC](https://research.lido.fi/t/request-to-authorise-a-22m-ldo-ceiling-for-a-four-year-contributor-token-reward-plan-trp/3833 "2023-02-09T09:18:44Z")\
**Posts on this page:** 5\
**Page:** 2

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**Author:** ![Alex\_L](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/alex_l/32/994_2.png) [@Alex\_L](https://research.lido.fi/u/Alex_L)\
**Post date:** [August 31, 2023, 12:15pm UTC](https://research.lido.fi/t/request-to-authorise-a-22m-ldo-ceiling-for-a-four-year-contributor-token-reward-plan-trp/3833/22 "2023-08-31T12:15:34Z")

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Hey all, it looks reasonable to update [EasyTrack](https://docs.lido.fi/guides/easy-track-guide/) limit for Token Reward Plan.

**As of today 12,722,460 LDO were disbursed successfully!**

![image](https://europe1.discourse-cdn.com/flex013/uploads/lido/original/2X/3/35c6eca65b6a5f8a81e9fe26d3050dc2db7a5019.png)

So current remainder per this program budget is **9,277,540 LDO** and TRP committee would recommend to update it accordingly on-chain by Aragon voting if Lido DAO agrees. The proposed new limit may be lower on the date of Aragon start (will be updated in this thread).

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**Author:** ![Alex\_L](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/alex_l/32/994_2.png) [@Alex\_L](https://research.lido.fi/u/Alex_L)\
**Post date:** [January 15, 2024, 10:34am UTC](https://research.lido.fi/t/request-to-authorise-a-22m-ldo-ceiling-for-a-four-year-contributor-token-reward-plan-trp/3833/23 "2024-01-15T10:34:19Z")

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Hey there!

As a member of [TRP committee](https://docs.lido.fi/multisigs/committees#24-token-reward-program-trp-association-multisig) I propose to update [EasyTrack](https://docs.lido.fi/guides/easy-track-guide/) limit for Token Reward Plan.

On Jan the 1st 2024 it automatically refreshed to be 22M LDO till the end of the year:  
 ![изображение](https://europe1.discourse-cdn.com/flex013/uploads/lido/original/2X/a/ae261db2bd5c96561a374272d44c85d9e805d6df.png)

But as it doesn’t account for previously deployed TRP contracts my proposal is to decrease it to **9,178,284.42 LDO** - current unused budgeted amount, which is evaluated from total LDO spent by [TRP multisig](https://etherscan.io/address/0x834560F580764Bc2e0B16925F8bF229bb00cB759#tokentxns) ( **14,460,537.36 LDO** ), decreased by the amount of LDO revoked by the committee back to [Lido treasury](https://etherscan.io/address/0x3e40D73EB977Dc6a537aF587D48316feE66E9C8c) ( **1,638,821.78 LDO** ).

The figures are taken from the [Dune query](https://dune.com/alexlido/lido-trp) to monitor TRP.

 ![изображение](https://europe1.discourse-cdn.com/flex013/uploads/lido/original/2X/8/8898f4e4ff6705cf165e65849081b374baa54fe3.png)

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**Author:** ![zuzu\_eeka](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/zuzu_eeka/32/1157_2.png) [@zuzu\_eeka](https://research.lido.fi/u/zuzu_eeka)\
**Post date:** [January 16, 2024, 4:27pm UTC](https://research.lido.fi/t/request-to-authorise-a-22m-ldo-ceiling-for-a-four-year-contributor-token-reward-plan-trp/3833/24 "2024-01-16T16:27:17Z")

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On-chain voting has been launched!  
The limit for the TRP committee will be lowered to 9,178,284.42 LDO if the vote is supported by the DAO! Points 23-24 are dedicated to this motion/  
[https://vote.lido.fi/vote/170](https://vote.lido.fi/vote/170)  
The main phase will last until January 18th, 4:24 PM UTC!  
Please, don’t forget to vote!

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**Author:** ![zuzu\_eeka](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/zuzu_eeka/32/1157_2.png) [@zuzu\_eeka](https://research.lido.fi/u/zuzu_eeka)\
**Post date:** [January 23, 2024, 6:32pm UTC](https://research.lido.fi/t/request-to-authorise-a-22m-ldo-ceiling-for-a-four-year-contributor-token-reward-plan-trp/3833/25 "2024-01-23T18:32:17Z")

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The voting has been restarted.  
The main phase will last until January 25th, Thursday, 14:01.  
Please cast your votes! [Lido DAO Voting UI](https://vote.lido.fi/vote/171)

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**Author:** ![zuzu\_eeka](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/zuzu_eeka/32/1157_2.png) [@zuzu\_eeka](https://research.lido.fi/u/zuzu_eeka)\
**Post date:** [January 29, 2024, 2:02pm UTC](https://research.lido.fi/t/request-to-authorise-a-22m-ldo-ceiling-for-a-four-year-contributor-token-reward-plan-trp/3833/26 "2024-01-29T14:02:14Z")

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The [on-chain vote](https://vote.lido.fi/vote/171) obtained quorum and was [executed](https://etherscan.io/tx/0x3ac00633d92351d7f34e25854b14a9c88cdb1cc6b776aa7bb1046eff4b4da48d)! Thank you for taking part and voting!

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