End of October Governance Update
Two Snapshot votes are now live:
1) Token Reward Plan (TRP) Transfer and Terms Amendment
2) Lido Ecosystem Grants Organization (LEGO) Framework Update
Duration: October 31 – November 7
Cast your vote here:
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Token Reward Plan (TRP) Transfer and Terms Amendment
• Management of the Token Reward Plan to be transferred from the TRP Committee (under the Grants Association) to the Lido Labs Foundation.
• TRP terms will be amended while retaining the existing 22M LDO budget.
• No new or additional funding is requested.
Lido Ecosystem Grants Organization (LEGO) Framework Update
Proposal to update LEGO’s operating framework, including:
• Reducing the quarterly budget from $500,000 to $250,000 to better reflect actual spending.
• Implementing administrative and structural adjustments to improve efficiency.
No Aragon votes are scheduled in this cycle.
Next up: Lido V3 is set to go onchain in November.
Stay informed and keep your voting power active.
See you at the voting booth 🗳️
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