# Setup Lido Referral Program committee and use Easy Track for the payouts \[Ethereum\] **URL:** \ **Category:** Proposals\ **Created:** [March 14, 2022, 8:17am UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808 "2022-03-14T08:17:31Z")\ **Posts on this page:** 8\ **Page:** 1
**Author:** ![TheDZhon](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/thedzhon/32/800_2.png) [@TheDZhon](https://research.lido.fi/u/TheDZhon)\ **Post date:** [March 14, 2022, 8:17am UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/1 "2022-03-14T08:17:32Z")
### Preface We’re looking to establish transparent and self-sustaining processes over DAO operational stuff as much as possible. One of the prominent pieces is Referral program. We propose to form Referral program committee & detach it from general Aragon voting procedure by managing payouts through Easy Track motions. [Lido Referral Program](https://lido.fi/referral-terms) (LRP) on Ethereum network has been proved its valuable impact on Ethereum stake growth. LRP was switched to Whitelist Mode to improve the security and efficiency by avoiding suspicious abuse cases which would affect stETH:ETH price peg. In the meantime, Lido successfully adopted [Easy Track](https://docs.lido.fi/guides/easy-track-guide/) governance framework to streamline routine governance operations under DAO veto control: LEGO programs, reward programs, node operators keys. Recently we have [enforced global financial limits](https://research.lido.fi/t/lip-13-easy-track-payments-limit/1670) for Easy Track motions to restrict possible damage value if things go completely wrong. Thus, Easy Track has proven to be suitable as a execution mechanism for LRP payouts. ### Subject **We propose to improve Lido governance process by setting up Lido Referral Program commitee and using Easy Track for the payouts.** ### Motivation and details The key advantages of using Easy Track instead of Aragon voting: - make repeating & routine decisions consume less resources - focus omnibus voting on proto upgrades and strategic changes for DAO - secure and streamline the payouts process by removing a huge amount of manual ops We want to implement this by re-using already audited code which allows the transition to be fast and smooth without sacrificing security. To achieve the goal we propose to deploy a separate bunch of Reward Program Easy Track factories: - [AddRewardProgram](https://github.com/lidofinance/easy-track/blob/v1.0.0/contracts/EVMScriptFactories/AddRewardProgram.sol) - [RemoveRewardProgram](https://github.com/lidofinance/easy-track/blob/v1.0.0/contracts/EVMScriptFactories/RemoveRewardProgram.sol) - [TopUpRewardPrograms](https://github.com/lidofinance/easy-track/blob/v1.0.0/contracts/EVMScriptFactories/TopUpRewardPrograms.sol) - [RewardProgramsRegistry](https://github.com/lidofinance/easy-track/blob/v1.0.0/contracts/RewardProgramsRegistry.sol) The code has been peer-reviewed and audited previously by MixBytes and SigmaPrime [[1]](https://github.com/lidofinance/audits/blob/main/MixBytes%20Easy%20Track%20Security%20Audit%20Report%2009-2021.pdf), [[2]](https://github.com/lidofinance/audits/blob/main/Sigma%20Prime%20-%20Lido%20Easy%20Track%20Smart%20Contract%20Security%20Review%20Report%20v2.0%2010-2021.pdf). We propose to form a Referral Program Committee. The members are: | Member | Address | Proof | | --- | --- | --- | | [frontalpha](https://research.lido.fi/u/frontalpha/summary) | 0x22c05930160c6a74a6bA59436e8F7006176ed104 | [tweet](https://twitter.com/frontalpha_eth/status/1500694642412572673) | | [MineDeFi](https://research.lido.fi/u/MineDeFi/summary) | 0x3C5D944a055e55F3a9bE56cEe1ee545C0296FB62 | [tweet](https://twitter.com/MineDeFi/status/1501604930444005383) | | [kadmil](https://research.lido.fi/u/kadmil/summary) | 0x9A3f38AF97b791C85c043D46a64f56f87E0283D4 | [tweet](https://twitter.com/victor_suzdalev/status/1501802564718936067) | To govern Easy Track motions proposed Committee would be using 2/3 multisig [`0xe2A682A9722354D825d1BbDF372cC86B2ea82c8C`](https://gnosis-safe.io/app/eth:0xe2A682A9722354D825d1BbDF372cC86B2ea82c8C). A follow-up snapshot voting will be announced in coming days. ---
**Author:** ![jbeezy](https://avatars.discourse-cdn.com/v4/letter/j/dbc845/32.png) [@jbeezy](https://research.lido.fi/u/jbeezy)\ **Post date:** [March 14, 2022, 6:11pm UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/2 "2022-03-14T18:11:09Z")
If passed, would this continue leveraging DeversiFi for payouts where appropriate? I think it would be helpful as well if we had periodic reports for amount being paid out and ROI of the referral program once the committee has its feet under it. ---
**Author:** ![kadmil](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/kadmil/32/1958_2.png) [@kadmil](https://research.lido.fi/u/kadmil)\ **Post date:** [March 14, 2022, 6:33pm UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/3 "2022-03-14T18:33:21Z")
1. Yes, referral payouts would be leveraging DeversiFi still for most of the addresses. The main ops change would be using Easy Track akin to the reWARDS model. 2. I believe we do have public reports on payouts, but not sure those have ROI section (may be wrong here). ---
**Author:** ![TheDZhon](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/thedzhon/32/800_2.png) [@TheDZhon](https://research.lido.fi/u/TheDZhon)\ **Post date:** [March 15, 2022, 8:37pm UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/4 "2022-03-15T20:37:51Z")
The snapshot voting is here: [Snapshot](https://snapshot.org/#/lido-snapshot.eth/proposal/0x61ea645fbaf36cdab088421e22abc99b32c3438919b2b6500170a6665f804cd3) ---
**Author:** ![TheDZhon](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/thedzhon/32/800_2.png) [@TheDZhon](https://research.lido.fi/u/TheDZhon)\ **Post date:** [March 23, 2022, 8:09pm UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/5 "2022-03-23T20:09:06Z")
The snapshot vote [Snapshot](https://snapshot.org/#/lido-snapshot.eth/proposal/0x61ea645fbaf36cdab088421e22abc99b32c3438919b2b6500170a6665f804cd3) passed successfully. We have deployed the factories to be utilized by Referral Program committee. See the updated docs: [Deployed Contracts | Lido Docs](https://docs.lido.fi/deployed-contracts/#dao-ops-contracts--addresses) The contracts marked as `inactive` because they needs to be connected to Easy Track with DAO voting procedure. We are including completion actions as voting points for the upcoming omnibus. ---
**Author:** ![TheDZhon](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/thedzhon/32/800_2.png) [@TheDZhon](https://research.lido.fi/u/TheDZhon)\ **Post date:** [March 25, 2022, 12:32pm UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/6 "2022-03-25T12:32:31Z")
The omnibus voting was passed and executed successfully: [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xe37e30ebb742cdf0f002710fb0b13170cfdf201426c5d650e0484a13a4a8f6cf) Lido Referral Program committee is fully operational now. ---
**Author:** ![kadmil](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/kadmil/32/1958_2.png) [@kadmil](https://research.lido.fi/u/kadmil)\ **Post date:** [March 25, 2022, 1:18pm UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/7 "2022-03-25T13:18:18Z")
Hurray! We want to thank all voters for participation! Looking forward to setting up first motions by Referral Program committee. ---
**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:** [April 18, 2022, 12:22pm UTC](https://research.lido.fi/t/setup-lido-referral-program-committee-and-use-easy-track-for-the-payouts-ethereum/1808/8 "2022-04-18T12:22:24Z")
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