StableLab Delegate Thread - Updated

CONTACT

ABOUT

StableLab is a governance firm focused on professional delegation, DAO framework design, and product development. We work with various projects, from the ones just starting their journey to decentralization to the most prominent DeFi protocols.

Our systematic framework for DAOs covers governance methodologies, decentralized workforce, implementation, documentation, communication, and community engagement. There is no one-size-fits-all approach, but we provide a framework of principles and tools we have developed throughout our experience.

We scale DAOs sustainably.

EXPERIENCE

We are the leading professional delegate team with a track record across major DeFi protocols, including MakerDAO, Optimism, Aave, 1inch, Balancer, Element, InstaDapp, Hop, and more.

We pioneer delegation work through high governance standards, extensive research, hands-on expertise, and the consistent use of a code of conduct. Pushing forward web3 and DeFi since 2018, StableLab’s co-founders previously spent 3.5 years at the Maker Foundation.


Governance delegates and roles currently (or previously held by StableLab).

View all our proposals, votes, and milestones at stablelab.xyz /governance

VALUES & CONDUCT

A. VALUES - A.R.T.

  1. Active: We participate in every aspect of the governance process, from creating and presenting proposals to providing feedback in the forums and actively voting.
  2. Research: Our decisions are backed by a team of experienced researchers and PhDs.
  3. Trust: We act unbiased and transparent, according to our code of conduct - driven by a strong set of ethics and values.

B. DELEGATE CONDUCT

  • Use values to guide actions.
  • Maintain impartiality and transparency in participation.
  • Rely on data, research and prior expertise for proposals and votes.
  • Apply battle-tested internal policies for consistency.
  • Consult with the team for quality outcomes.

WHY LIDO

Lido has consistently demonstrated its commitment to offering innovative liquid staking solutions that prioritize accessibility and security for users worldwide. Recognizing that the minimum 32 ETH threshold for solo staking and concerns about centralized entities present significant barriers for many, Lido has taken significant strides to address these issues on a large scale. It is our conviction that, as professional delegates at Lido DAO, we can contribute meaningfully to the realization of liquid staking derivatives for a global audience.

One of the most striking aspects of Lido is its steadfast commitment to decentralization, as evidenced by a robust governance process and comprehensive documentation. Leveraging our extensive expertise and experience in the realm of governance, we aim to further fortify Lido’s DAO by drafting proposals designed to introduce solid frameworks that promote sustainable growth. Our active involvement as delegates will facilitate Lido’s continued expansion while adhering to the principles of decentralization and community-driven decision-making.

DISCLOSURE

Through our holding company, we have invested in multiple projects to advance growth and governance for them. See the full list here.

We contribute to various protocols’ governance, such as MakerDAO, Optimism, Aave, 1inch, Balancer, and Element. See the full list here.

When applicable, we will disclose potential conflicts of interest in our rationale.

WAIVER OF LIABILITY

By delegating to StableLab, you acknowledge and agree that StableLab participates on a best-efforts basis and StableLab will not be liable for any form of damages related to StableLab’s participation in governance.

2 Likes

View StableLab’s voting history in LidoDAO here

Future votes will be recorded in this updated thread.

Proposal: Tiered Rewards Share Program: A Sustainable Approach to stETH Growth
Vote: For
Rationale: We vote For this proposal as it effectively incentivizes increased staking on Lido by rewarding contributors with a tier-based system that supports the growth of the protocol. Additionally, the robust monitoring mechanisms and flexibility for the DAO to modify conditions ensures sustainability & adaptivity.

Proposal: Align Lido’s Vibe (Purpose, Mission, Vision)
Vote: For
Rationale: We support this proposal as it it provides a well-articulated purpose, vision, and mission, which are essential for aligning stakeholders and guiding Lido’s future growth.

Proposal: LEGO grant to Launchnodes for Lido Impact Staking initiative
Vote: For
Rationale: Supporting this proposal can broaden Lido’s engagement with new contributors, promote knowledge exchange, and pioneer a model where staking benefits can align with real-world impact.

1 Like

Proposal: Vote #160
Vote: Yes
Rationale: In support of all 29 motions in this proposal

Proposal: Vote #161: Stake all Treasury ETH in Lido.
Vote: Yes
Rationale: We support the staking of treasury ETH in Lido

Proposal: Should the Lido DAO add the 2 shortlisted Ethereum operators to the Lido on Ethereum operator set?
Vote: For
Rationale: In favour of onboarding these new node operators who have demonstrated capacity to improve the decentralization and resiliency of the Lido protocol

Proposal: April Slashing Incident: Key Limit Follow-up
Vote: Lift KL after Wave 5 catches up
Rationale: The key limit on node operators was a useful precautionary measure in response to the slashing incident and we support the release of the Node Operator from the current limit when new Node Operators from Wave 5 will reach the level of 5 800 keys.

Proposal: Vote #162
Vote: Yes
Rationale: In support of all 9 motions in this vote

Proposal: Vote #163
Vote: Yes
Rationale: In support of this vote to set the maximum number of validators to stake for the node operator #5 to 11000

Proposal: Emergency Brakes signer rotation
Vote: For
Rationale: We support the rotation of one of the Emergency Brakes multisigs signers due to their departure from the multisig

Proposal: The Guided Open Objective Setting Exercise (“GOOSE”) proposal
Vote: Adopt the GOOSE process
Rationale: In support of this proposal as it sets forth a robust framework for an open goal-setting exercise in LidoDAO as it poses a multitude of benefits to the DAO’s decision-making process

Proposal: Should the Lido DAO add the 7 shortlisted Ethereum operators to the Lido on Ethereum operator set?
Vote: For
Rationale: We support the onboarding of these new node operators to the Lido on Ethereum Node Operator Set to enhance the decentralization and resilience of the Lido protocol

Proposal: Vote #164
Vote: Yes
Rationale: We support this proposal to fulfill Jump Crypto’s voluntary exit from the validator set

Proposal: Emergency Brakes signer rotation
Vote:
Rationale: We support the rotation of one of the Emergency Brakes multisig signers due to their departure

Proposal: The Guided Open Objective Setting Exercise (“GOOSE”) proposal [rerun]
Vote: Adopte GOOSE process
Rationale: In support of this proposal as it sets forth a robust framework for an open goal-setting exercise in LidoDAO as it poses a multitude of benefits to the DAO’s decision-making process

Proposal: Lido on Solana: next steps
Vote: Sunset
Rationale: Given the lack of economic effectiveness of Lido on Solana protocol and broader market conditions, we support the decision to sunset

Proposal: Vote #165
Vote: Yes
Rationale: In support of all three motions in this vote to onboard seven new Node Operators to the lido on Ethereum set, support Jump Crypto’s voluntary exit from the Node Operator Set, and sunset the stETH <> bETH Anchor

4 Likes

Staking Router Module Proposal: Simple DVT
Vote: 1a and 2a
Rationale: In support of deploying the Siimple DVT on Obol and SSV networks as this is a great way to diversify the Lido Node Operator set, and using the 6,240 stETH currently in the cover fund vault contract as insurance to mitigate the risk to Lido stakers.

Should the Lido DAO accept ownership of wstETH Bridge Components on Base?
Vote: Accept the ownership
Rationale: Accepting ownership of the wstETH bridging on Base is a strategic move for LidoDAO, aligning with Base’s demonstrated dominance in the L2 space and the growing demand for wstETH in DeFi protocols

Vote 166
Vote: Yes
Rationale: In support of the stETH transfer to the Lido Contributors Group multisigs (RCC, PML, and ATC),
and changing the Node Operator’s (#id - 27) name

3 Likes

Should the Lido DAO accept ownership of wstETH Bridge Components on zkSync Era?
Vote: Accept the ownership
Rationale: Supporting this proposal to assume ownership of the wstETH bridge components on zkSync Era is crucial for advancing Lido’s growth on L2 platforms, leveraging zkSync’s standing as a leading and fast-growing network.

Vote #167
Vote: Yes
Rationale: In support of the motions in this vote, which is a rerun of Vote #166

2 Likes

:+1: great job. And please let Nneoma know if there are any questions or concerns

​Hello, LidoDAO community, we’d like to inform you that we’ve moved our delegate wallet for increased security to a multisig. As such, we kindly request that you redelegate LDO to this new address at stablelab.eth.

The following is our new delegate wallet: 0xecc2a9240268bc7a26386ecb49e1befca2706ac9

Thank you!

2 Likes

Should the Lido DAO recognize the wstETH Bridge Endpoints on Linea as canonical?
Vote: Recognize
Rationale: This proposal aligns with the strategic goal of expanding stETH’s utility and presence in L2 and DeFi spaces and aligns with NEW’s guidelines

Should the Lido DAO recognize the wstETH Bridge Endpoints on Mantle as canonical?
Vote: Recognize
Rationale: Recognizing the wstETH Bridge Endpoints on Mantle as canonical by Lido DAO is crucial to leverage the growing demand for wstETH in the L2 space and solidifies its position as a fundamental asset in the Mantle ecosystem. In favour of this.

Should the Lido DAO recognize the wstETH Bridge Endpoints on zkSync Era as canonical?
Vote: Recognize
Rationale: This is a strategic move to bolster Lido’s presence in emerging networks like zkSync and foster broader adoption of wstETH in DeFi applications

Lido Community Staking Module
Vote: Approve
Rationale: This proposal merits funding as it represents a significant step towards decentralization by fostering validator set diversification. The planned audits and community-driven development demonstrate a commitment to increasingly enhanced security and robustness

Decision on InfStones Continued Participation in Curated NO Set
Vote: Resume key submission
Rationale: In favour of resuming key submission for the curated NO set

[EGG] st2024 v1 Lido Contributors Group request for grant funding to advance GOOSE goals
Vote: Provide funding
Rationale: In support of granting funding to the Lido Contributors group to advance GOOSE goals. This proposal outlines goals and KPIs clearly

Vote 168
Vote: Yes
Rationale: In favour of all 19 motions in this vote

Vote 169
Vote: Yes
Rationale: In favour of all 19 motions in this vote

[rerun] Should the Lido DAO recognize the wstETH Bridge Endpoints on zkSync Era as canonical?
Vote: Recognize
Rationale: This is a strategic move to bolster Lido’s presence in emerging networks like zkSync and foster broader adoption of wstETH in DeFi applications

[rerun] Should the Lido DAO recognize the wstETH Bridge Endpoints on Mantle as canonical?
Vote: Recognize
Rationale: Recognizing the wstETH Bridge Endpoints on Mantle as canonical by Lido DAO is crucial to leverage the growing demand for wstETH in the L2 space and solidifies its position as a fundamental asset in the Mantle ecosystem. In favour of this.

[rerun] Should the Lido DAO recognize the wstETH Bridge Endpoints on Linea as canonical?
Vote: Recognize
Rationale: This proposal aligns with the strategic goal of expanding stETH’s utility and presence in L2 and DeFi spaces and aligns with NEW’s guidelines

1 Like

Vote 170
Vote: Yes
Rationale: In support of all six motions in this onchain vote

TempCheck: choosing a team to develop wstETH bridge on BNB
Vote: Wormhole & Axelar Multibridge
Rationale: The Wormhole and Axelar Multibridge is a highly compelling option as it provides a streamlined and unified solution by combining the expertise and technology of Wormhole and Axelar, two established teams, alongside LidoDAO. We also appreciate the alignment with LidoDAO’s governance ideals, which include contract ownership transfer and cross-chain governance implementation. Excited to continue discussions around this solution.

Vote 171
Vote: Yes
Rationale: In support of all six motions in this onchain vote - rerun

1 Like

Vote 172
Vote: Yes
Rationale: In favour of releasing the Simple DVT module on mainnet

Should the Lido DAO recognize the wstETH Bridge Endpoints on Scroll as canonical?
Vote: Recognize
Rationale: In support of the recognition of the wsETH bridge endpoints on Scroll as canonical

InfStones Return to Active Status Proposal
Vote: For
Rationale: In support of InfStones returning to active status

Rewards-Share Program 2024
Vote: Adopt new proposed program
Rationale: In support of these changes proposed to the rewards share program as it stands to inspire increased institutional adoption of stETH leading to improved performance overall

Simple On-chain Delegation
Vote: Support
Rationale: In support of the implementation of simple delegation as this will provide a temporary solution for multiple failed on and off-chain votes due to missed quorum. We look forward to increased participation in Lido governance as a result of this and hope to see a more robust delegation system implemented in Lido’s governance module.

Vote #173
Vote: Yes
Rationale: In support of the changes to enhance treasury management operations as proposed by the TMC

Activate Lido Protocol Governance with Revenue Share Staking
Vote: No - do not add revenue share
Rationale: We are against this proposal as it is extremely premature, and fee share at this stage is short-sighted. This proposal does not follow due process of governance. It will be better to revisit this after the implementation of dual governance and a viable ecosystem forms around the staking router

Renew GateSeal for the Withdrawal Queue and Validator Exit Bus Oracle
Vote: For
Rationale: In support of this proposal to prolong the functioning of the GateSeal mechanics for the next year with same parameters

Dual Governance: design and path towards implementation
Vote: Approve
Rationale: In support of shipping dual governance to better align key stakeholders in the Lido on Ethereum protocol, thus creating a more secure and resilient protocol and a more balanced governance dynamic within LidoDAO

Vote #174
Vote: Yes
Rationale: Voting to approve the change of the current GateSeal for the WithdrawalQueue and ValidatorExitBusOracle contracts which expires soon

1 Like

Proposal: ReGOOSE: Updated goals for Lido in the light of MVI and restaking

Vote: For

Rationale: We are in support of keeping stETH an LST, and not a LRT, ensuring security for the protocol. In addition, supporting stETH usage as collateral among new restaking protocols increases adoption in rising markets. Adopting preconfirmations at the protocol level can position Lido at the technology forefront of the industry, too.

Proposal: Lido Alliance: An Ethereum-Aligned Ecosystem

Vote: For

Rationale: Partnering with rising projects that share the same values of decentralization and security as Lido is positive for the DAO and the whole Ethereum ecosystem. Building a fully decentralized, permissionless and open source restaking service would help mitigate the potential risks that restaking brings to the Ethereum layer.

Proposal: LIP-23: Negative rebase sanity check with a pluggable second opinion

Vote: For

Rationale: In favour of the addition of new sanity checks as it improves protocol security and guards against potential exploits.

Proposal: Expanding the Simple DVT Module

Vote: For

Rationale: Implementation of Simple DVT thus far has been successful and this expansion promises to increase adoption by addressing constraints in the current version.

Proposal: Lido Alliance application: Mellow

Vote: For

Rationale: In favour of onboarding Mellow to the Lido Alliance as it promises to further decentralize validation by encouraging users to use their stETH in Mellow

Proposal: Lido Alliance application: Drop

Vote: For

Rationale: Onboarding Drop to the Lido Alliance promises a number of benefits to Lido and Ethereum from increased options for decentralized validation to an expansion in use cases for stETH adoption.

Proposal: Vote #175
Vote: Yes
Rationale: In favour of the implementation of the expansion of Lido’s Simple DVT Module and the funding of Lido’s Contributor Group as approved in off-chain votes.

Proposal: LIP-22: stETH on L2 — wstETH on Optimism bridge endpoints upgrade
Vote: Yay
Rationale: In support of LIP-22 to upgrade the wstETH on Optimism bridge endpoints as it is crucial for achieving token parity between Ethereum Mainnet and top-tier L2s and enhancing interoperability/functionality of Lido’s stETH and wstETH tokens. Implementing this would also help set a precedent for future deployments on other L2 networks

Proposal: [EGG] st2024 v2: Continuity Grant Funding to Achieve GOOSE Goals
Vote: Approve EGG request
Rationale: In support of [EGG] st2024 v2 as it is essential for maintaining the momentum towards achieving Lido’s strategic goals of decentralized governance, validator diversity, and increased stETH utility

Proposal: [EGG] Establishing the Community Lifeguards Initiative (CLI) Sub-Committee
Vote: Approve Community Lifeguards
Rationale: In support of establishing the CLI, consolidating efforts to support community stakers, and facilitating collaboration with other Ethereum staking projects. The CLI will significantly enhance the diversity and engagement of operators in the Lido on Ethereum protocol and is well aligned with GOOSE goals.

Proposal: The Decentralized Validator Vault
Vote: Implement the vault strategy
Rationale: In support of leveraging this vault strategy to attract new stakes and efficiently allocate incentives, this ensures that Lido can capitalize on the expanded capacity of the Simple DVT Module and accelerate the adoption of DVT in general

Proposal: Appoint Entity to Respond to Pending Class Action Litigation Against Lido DAO
Vote: Appoint Dolphin CL LLC
Rationale: Appointing Dolphin CL, LLC to respond to the lawsuit is essential to prevent a default judgment against Lido DAO, which could lead to significant legal and operational risks, including potential takedowns of Lido-related web infra and delisting of LDO tokens. By actively defending against the lawsuit, Lido DAO can challenge the plaintiffs’ claims, mitigate potential adverse outcomes and protect the DAO’s and its stakeholders’ interests. In favour of this move.

Proposal: Vote #176
Vote: For
Rationale: Vote rerun: In favour of the implementation of the expansion of Lido’s Simple DVT Module and the funding of Lido’s Contributor Group as approved via off-chain poll.

CONTACT INFORMATION

INTRODUCTION

StableLab is the leading provider of governance solutions for decentralized protocols. We specialize in data-driven governance, offering governance framework design, incentive management, grant management, and much more. We actively contribute to over 25 protocols and ecosystems, partnering with major projects such as Aave, Arbitrum, Balancer, Compound, Lido, MakerDAO, Optimism, and Uniswap.

Forse, our latest product offering, is an analytics and intelligence platform purpose-built for DAOs and their stakeholders to better track and measure the impact and effectiveness of grants and incentive programs alike.

EXPERIENCE

We are the leading professional delegate team with a track record across major DeFi protocols, including MakerDAO, Optimism, Aave, 1inch, Balancer, Element, InstaDapp, Hop, and more.

We pioneer delegation work through high governance standards, extensive research, hands-on expertise, and the consistent use of a code of conduct. Pushing forward web3 and DeFi since 2018, StableLab’s co-founders previously spent 3.5 years at the Maker Foundation.

Governance delegates and roles currently (or previously held by StableLab).

View all our proposals, votes, and milestones at stablelab.xyz /governance

WHY LIDO

Lido has consistently demonstrated its commitment to offering innovative liquid staking solutions that prioritize accessibility and security for users worldwide. Recognizing that the minimum 32 ETH threshold for solo staking and concerns about centralized entities present significant barriers for many, Lido has taken significant strides to address these issues on a large scale. It is our conviction that, as professional delegates at Lido DAO, we can contribute meaningfully to the realization of liquid staking derivatives for a global audience.

One of the most striking aspects of Lido is its steadfast commitment to decentralization, as evidenced by a robust governance process and comprehensive documentation. Leveraging our extensive expertise and experience in the realm of governance, we aim to further fortify Lido’s DAO by drafting proposals designed to introduce solid frameworks that promote sustainable growth. Our active involvement as delegates will facilitate Lido’s continued expansion while adhering to the principles of decentralization and community-driven decision-making.

MOTIVATION

As the first delegate to establish a delegate platform on the Lido forum, we are excited about the implementation of LIP-21 (Simple On-chain Delegation) and the launch of LidoDAO’s delegate program. We’d like to take this opportunity to share our motivations for becoming a Lido Public Delegate and outline our aspirations:

  1. Proven Commitment to LidoDAO: Since joining LidoDAO in March 2023, StableLab has demonstrated a strong commitment to active participation in governance. Even in the absence of a formal delegation system, we have consistently engaged in Lido’s governance processes. Our perfect track record (100%) in participating in both on-chain and off-chain votes underscores our dedication. We also spearheaded efforts to research pathways for enabling onchain delegation in response to observed issues with missed quorum due to voter apathy. We are enthusiastic about formalizing our involvement through the Public Delegate program, which will enable us to continue proposing and implementing initiatives that support the growth of LidoDAO and the broader Lido ecosystem.
  2. Broad Expertise and Data-Driven Insights: Our governance team at StableLab consists of skilled data analysts, engineers, and researchers with extensive experience in running validator nodes across various networks. We have developed our flagship product, Forse, a specialized data platform for DAO operators and service providers. As delegates, one of our primary goals is to apply our team’s expertise to provide quality feedback on proposals and data-driven insights into Lido’s strategic initiatives. This will help guide the DAO in making informed, sustainable financial decisions as we move forward.
  3. Leadership in Delegate Engagement: StableLab is not only dedicated to professional delegation but also actively leads in enhancing the role of delegates within the DAO landscape. We have been instrumental in helping new and existing delegates understand their roles, identify meaningful contribution pathways, and maintain consistent participation. We look forward to bringing this experience to LidoDAO, where we aim to support and empower fellow delegates by fostering a collaborative and effective governance environment.

VALUES & DECISION-MAKING APPROACH

A. VALUES - A.R.T.

  1. Active: We participate in every aspect of the governance process, from creating and presenting proposals to providing feedback in the forums and actively voting.
  2. Research: Our decisions are backed by a team of experienced researchers and PhDs.
  3. Trust: We act unbiased and transparent, according to our code of conduct - driven by a strong set of ethics and values.

B. DELEGATE CONDUCT

  • Use values to guide actions.
  • Maintain impartiality and transparency in participation.
  • Rely on data, research and prior expertise for proposals and votes.
  • Apply battle-tested internal policies for consistency.
  • Consult with the team for quality outcomes.

Public Acceptance

We accept Lido’s Public Delegate Code of Conduct and our Public Delegate Platform signals our alignment with the mission, vision, and purpose of Lido DAO.

DISCLOSURE

Through our holding company, we have invested in multiple projects to advance growth and governance for them. See the full list here.

We contribute to various protocols’ governance, such as MakerDAO, Optimism, Aave, 1inch, Balancer, and Element. See the full list here.

When applicable, we will disclose potential conflicts of interest in our rationale.

WAIVER OF LIABILITY

By delegating to StableLab, you acknowledge and agree that StableLab participates on a best-efforts basis and StableLab will not be liable for any form of damages related to StableLab’s participation in governance.

Proposal: Establish a Public Delegate Platform and Delegate Incentivization Program
Vote: Approve platform & incentives
Rationale: In support of this proposal because establishing a Public Delegate Platform and launching the Delegate Incentivization Program will significantly enhance governance engagement and decision-making quality within the Lido ecosystem. By incentivizing active and informed participation, we can ensure that diverse, knowledgeable voices contribute to Lido’s governance processes to foster a more responsive and refined governance structure

Proposal: LIP-25: Staking Router 2.0
Vote: Yay
Rationale: In support of this proposal because the Staking Router 2.0 upgrade will significantly enhance the efficiency and security of the Lido protocol by automating key vetting processes, enabling proactive validator exits, and scaling reward distribution mechanisms. These improvements will not only streamline governance processes and improve operational efficiency but also strengthen the protocol’s ability to manage validator exits and reward distribution effectively.

Proposal: Decision on Rated Labs’s position in the Oracle Set: rotate or remove and change the quorum
Vote: Rated Labs → MatrixedLink
Rationale: In support of Option 1 to maintain balance and operational integrity of the Oracle set. MatrixedLink’s existing experience and familiarity with the Lido infrastructure make them a well-suited replacement, and maintaining the current quorum avoids potential complications associated with quorum adjustments

Proposal: Should the Lido DAO recognize the wstETH Bridge Endpoints on BNB as canonical?
Vote: Recognize
Rationale: Recognizing the wstETH bridging endpoints on BNB Chain will facilitate seamless integration into a major DeFi ecosystem, and boost liquidity and user engagement.

Proposal: Should the Lido DAO recognize the wstETH Bridge Endpoints on Mode as canonical?
Vote: Recognize
Rationale: In support of recognizing the wstETH Bridge Endpoints on Mode as canonical because it will strategically enhance the adoption of wstETH within the rapidly growing Mode ecosystem, and is aligned with Lido’s broader expansion goals

Proposal: Vote #177
Vote: Yes
Rationale: In support of this proposal which seeks to update the Lido on Ethereum Oracle set by replacing Rated Labs with MatrixedLink and renaming a node operator while updating their reward address. Additionally, it enhances governance by upgrading the Aragon Voting and TRP Voting Adapter contracts, which will enable more effective on-chain delegation and participation, as ratified in a previous offchain vote.

Proposal: Vote #178
Vote: Yes
Rationale: Vote rerun: In support of this proposal which seeks to update the Lido on Ethereum Oracle set by replacing Rated Labs with MatrixedLink and renaming a node operator while updating their reward address. Additionally, it enhances governance by upgrading the Aragon Voting and TRP Voting Adapter contracts, which will enable more effective on-chain delegation and participation, as ratified in previous offchain votes.

Proposal: Should Galaxy continue in the Curated Module set following the acquisition of CryptoManufaktur?
Vote: For
Rationale: In favor of this proposal because Galaxy’s integration of CryptoManufaktur aligns with Lido’s commitment to maintaining high operational standards and continuity within the Curated Module. The smooth transition and preserved operational integrity under Galaxy’s stewardship suggest that Galaxy will uphold and potentially enhance the quality and reliability of validator services. So far, both teams have responded to questions and concerns thoroughly.

Proposal: Organize the Lido Alliance Program as a Lido-DAO-Adjacent BORG
Vote: Approve the Lido Alliance BORG
Rationale: In support of this proposal because it establishes a well-structured governance framework and robust security measures for the Lido Alliance Program, ensuring transparency and accountability in fund management. Approving this proposal will formalize a structure that aligns with Lido DAO’s objectives and safeguards the interests of the broader community