Vote #185 (Onchain)
Summary:
This proposes updating oracle consensus mechanisms to align Lido DAO with Ethereum’s upcoming Pectra fork, also replacing the Community Staking Module’s verifier contract to maintain operational integrity post-fork.
Vote: Yes
Rationale:
This proposal involves a few necessary updates to ensure compatibility with Ethereum’s upcoming Pectra fork, and our verification of the referenced contract addresses found no issues. Additionally, the contracts themselves have been audited and deemed secure by reputable entities. Given these confirmations, we see no problems and support this proposal.
Extend Delegate Incentivization Program through 2025 (Snapshot)
Summary:
The proposal extends Lido DAO’s Delegate Incentivization Program through Q4 2025, channeling $225K in LDO across three quarters to reward delegates holding at least 1M LDO who stay active. It moves reviews to calendar quarters, caps payouts at $15K per delegate per period, and replaces two Agora committee members.
Vote: For
Rationale:
Lowering the entry bar to 1M LDO is a reasonable refinement made this time, as it brings dozens of mid‑sized wallets into scope and helps the delegate set mirror actual token distribution.
Additionally, we encourage the Oversight Committee to release a guideline for the retroactive grants, with examples of eligible work, so contributors who fall outside the main incentive track can plan and execute meaningful contributions that will qualify for future retroactive funding.
Increasing LOL Easy Track Limits to align with Grant Requests (Snapshot)
Summary:
This proposal amends Easy Track parameters so that 6,000 stETH can be moved every six months instead of 2,100 stETH every three months. It ensures the Liquidity Observation Lab can access its approved H2 2025 budget without breaching security caps.
Vote: For
Rationale:
This is a straightforward housekeeping step rather than a strategic shift, so we see no substantive controversy. The higher cap removes an administrative choke‑point and lets the team execute its mandate without fragmented top‑ups, while the core security logic of Easy Track remains intact.
That said, each increase in the withdrawal limit should be matched by a proportional upgrade in transparency; regular public statements of cash‑on‑hand, burn‑rate, and milestone progress would give tokenholders clear sight of how the grant flows into measurable outcomes. We therefore look forward to the Foundation publishing a recurring financial report for better accountability.
CSM: stakeShareLimit and keyRemovalCharge parameters adjustment (Snapshot)
Summary:
The proposal raises the CSM stakeShareLimit from 2 percent to 3 percent and cuts the keyRemovalCharge from 0.05 ETH to 0.02 ETH. These adjustments unblock the queue of ~50 node operators and align costs with today’s lower gas fees.
Vote: For
Rationale:
This proposal addresses the incremental tuning required to keep CSM a viable engine of Ethereum decentralization, raising the stakeShareLimit removes the growth ceiling for some 50 queued operators, while trimming the keyRemovalCharge re‑aligns safety costs with current gas levels. The change is prudent rather than drastic, unlocking broader community staking today and paving the way for future upgrades such as refinements to the bonding mechanism.
Lido Alliance application: Twyne (Snapshot)
Summary:
This proposal seeks to onboard the Twyne credit‑delegation protocol to the Lido Alliance, letting lenders delegate unused borrowing power for yield. By anchoring the system to stETH, it enhances stETH’s role as DeFi collateral and deepens Ethereum decentralization.
Vote: For
Rationale:
We support this proposal because we believe Twyne delivers a innovative credit‑delegation primitive and has the technical depth to execute it. The market it addresses is still largely untapped yet has substantial growth potential, so bringing Twyne into the Lido Alliance will accelerate stETH adoption and open more capital‑efficient strategies across DeFi.