📡 Protocol
Voting URL
https://snapshot.org/#/lido-snapshot.eth/proposal/0x946c9498e76cde24a1475dd786cb119bbfab2b3b5ce95b5177c0818bed91e20b
Type of Vote
Off-chain
Our Vote
For
Rationale
As DeFi activities centered around LST expand beyond the Ethereum mainnet, partnerships like this, which address cross-chain compatibility, help meet the growing needs of LST-based DeFi activities. Therefore, we vote in favor of this proposal.
Vote Date
June 4, 2024
Drop, a cross-chain liquid staking protocol, enables staking across multiple blockchains while keeping staked assets liquid. In this proposal, 10% of their total token supply is offered to the Lido Alliance in exchange for support in growth and liquidity bootstrapping.