GOOSE 2024 cycle: Lido DAO goals for 2025
Vote: Adopt goals
Rationale:
First of all we just want to recognize the value of GOOSE in outlining Lido’s MVP, which has recently been acknowledged in Arbitrum in a similar fashion exercise and has proven value in igniting these strategic conversations. Although GOOSE + EGG can become rather rigid frameworks which at some point can be counterproductive in light of swift changes within the ecosystem, we stand by that trade-off and the productive exchange in the forum we’ve been following closely.
Regarding the specific goals:
Goal #1: Lido Has Effective and Decentralized Governance
With the expected windtail it is extremely important to discuss the role that LDO will play moving forward. Dual Governance has already set the ground for aligning stakers and Simple Delegation was the first run on having a formalized set of delegates. The outcome of the DIP program should give some insights on what aspects can be improved moving forward but quorum numbers for this level of activity sure are encouraging.
Nonetheless, if that windtail materializes and translates into activity, there should be enhanced rails for bootstrapping governance contributions such as expanding on the DIP or outlining a different program to that end (Unistaker and the recent ARB Staker proposal are good benchmarks to start the conversation). Turning the fee switch could contribute but its implications need to be thoroughly assessed beforehand and in sight of very different $LDO scenarios. A thorough research on the matter would be a logical first step for this.
Goal #2: Lido Attracts the Best Validator Set in the Market
We think that having a validator marketplace adapting to specific profiles suits naturally within Lido’s MVP and serves the purpose of the Staking Router. The integration of the CSM to the DVV is a great example of the nuances that operators face and how the market must adapt to attract validator activity so we’re looking forward to expanding on those strategies while scaling the current modules.
Goal #3: stETH Is the Most Used Token in the Ethereum Ecosystem
The Lido on Polygon vote showcased that expansions can have drawbacks but it’s imperative for Lido to adapt into what comes next. Efforts should be placed towards attracting ETFs on the base of Lido’s resilience and market share which by no means should be undermined despite the LST/LRT scenario presented.
Reevaluation of Lido on Polygon state
Vote: Sunset Lido on Polygon
Rationale: We believe that the presented layout is compelling enough to vote for the sunset of LoP. Although done in good faith and probably timely at the moment, it is clearly stated that the financial outcome didn’t match the DAOs expectations which are now further away from expanding to other ecosystems.
Should Nansen continue in SDVT following the acquisition of Stakewithus?
Vote: For
Rationale: Voting as per LNOSG’s judgement regarding non-identified material changes in operations.
Should Alchemy continue in SDVT and LoP following the acquisition of Bware Labs?
Vote: For
Rationale: Voting as per LNOSG’s judgement regarding non-identified material changes in operations.
Should Pier Two continue in the Curated Module Set following the acquisition of Numic?
Vote: For
Rationale: Voting as per LNOSG’s judgement on accounted improved practices and the trial run on testnet before going to mainnet.
Establish the Network Expansion Committee (NEC)
Vote: Approve NEC
Rationale: We adhere to having streamlined operations for network expansions in a somewhat optimistic governance framework that the DAO can override if considered. Based on the LoP sunset, it’d be of use if the NEC could provide financial and overall ecosystem status within its reporting.