Hey all, it looks reasonable to update EasyTrack limit for Token Reward Plan.
As of today 12,722,460 LDO were disbursed successfully!
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).
Hey there!
As a member of TRP committee I propose to update EasyTrack limit for Token Reward Plan.
On Jan the 1st 2024 it automatically refreshed to be 22M LDO till the end of the year:
But as it doesnβt 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 (14,460,537.36 LDO), decreased by the amount of LDO revoked by the committee back to Lido treasury (1,638,821.78 LDO).
The figures are taken from the Dune query to monitor TRP.
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
The main phase will last until January 18th, 4:24 PM UTC!
Please, donβt forget to vote!
The voting has been restarted.
The main phase will last until January 25th, Thursday, 14:01.
Please cast your votes! Lido DAO Voting UI
The on-chain vote obtained quorum and was executed! Thank you for taking part and voting!
