Lido

Lido

How to delegate your LDO

Firstly, you have to access this page, and connect your wallet by clicking the button on the top right.

https://vote.lido.fi/delegation

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When connected, “Select” button becomes visible on the right of the public delegate list.

You can press the select button in the Tané row.

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Or you can directly access the Tane delegation page via https://vote.lido.fi/delegation?delegateAddress=0xB79294D00848a3A4C00c22D9367F19B4280689D7.

After the procedure above, the Delegate Address field will be filled with Tané’s address.

This is Tané’s address, which you can refer to for confirmation.

0xB79294D00848a3A4C00c22D9367F19B4280689D7

Then, you can press the “Delegate on Aragon & Snapshot” button and confirm the transactions.

This means your voting power will be delegated to Tané in both of two different voting phases; Snapshot and On-chain Vote.

You need to make confirmation multiple times after pressing the button, as the delegation on Aragon and the delegation on Snapshot happen separately.

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When delegated properly, you can see the “Success” mark in each of the statuses.

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🗳️
Voting Activities

ProposalOur VoteRationaleType of VoteVoting URLVote Date
For

Preconfirmation has been a hot topic around Ethereum staking and was also the initial scope in reGOOSE, so this kind of initiative makes sense. However, it is still unclear to what extent Lido DAO should support preconfirmation, and this should become clear after thorough research such as Nethermind's research on preconf's economic viability.

Off-chain
October 23, 2024
Yes

Currently, we want to grow both SDVT and CSM, and this seems like a very fair decision because the point incentives provided for SDVT's growth can also be utilized to incentivize deposits to CSM. In the future, it would make sense to have a separate vault for CSM, following the roadmap of Staking Router development, and let the market decide which staking module to be in favor.

Off-chain
October 23, 2024
For

We voted to recognize this bridge as canonical after checking the audits were done for these implementations. This should lead to the further expansion of stETH.Since the safety and effectiveness of code audits can vary depending on factors such as the auditor, reviews and checks like those performed by @TheDZhon are extremely helpful in enhancing security.

Off-chain
October 23, 2024
Yes

We supported all three of the proposals listed above. Especially, approving CSM is an important step toward enhancing the decentralization of Lido and Ethereum, and we didn’t find any issues with supporting them. We also acknowledge that the audits have been done by Ackee Blockchain and MixBytes. Everything seems on track, so we support this proposal as we have before.

On-chain
October 23, 2024
Yes

1. stETH on L2 We support this proposal as it enhances the accessibility of stETH across L2 networks, leveraging existing wstETH infrastructure. This expansion will provide users with a consistent experience across both L1 and L2. 2. Organize the Lido Alliance Program as a Lido-DAO-Adjacent BORG We support setting up an EasyTrack for the Lido Alliance Operational Multisig to simplify operations. The approved BORG entity provides a legal framework for agreements without exposing Lido DAO to legal risks. This structure keeps Lido DAO decentralized while supporting the Alliance’s needs, with EasyTrack improving fund management.

On-chain
October 11, 2024
For

We recognize the strategic importance of the Lido Alliance and the need for a legal structure to facilitate agreements in its operations. The BORG structure provides a balanced approach, offering legal capabilities without directly exposing Lido DAO to potential legal risks. At the same time, we’d love to contribute to gradual improvements such as increasing transparency and appropriately handling such projects as Lido DAO.

Off-chain
September 4, 2024
For

As shared in the Snapshot page, the responses from both CryptoManufaktur and Galaxy indicate that there will be no significant changes in the key factors listed above, at least for the short term. This strongly suggests that the quality of the node operation by Galaxy will remain consistent with what CryptoManufaktur has been providing. Additionally, as a topic to be discussed in the future, we believe there’s a need for implementing a routine assessment of existing Node Operators in Lido’s Curated Module. This process would serve two crucial purposes: 1. To track any changes that may occur to Galaxy (or any other operator) in the mid/long term and regularly check their eligibility as a Node Operator in Lido’s Curated Module. 2. To identify and potentially remove Node Operators from Lido’s Curated Module that are no longer meeting the initial selection criteria, either due to changes in their operation or failure to keep up with the latest best practices of node operation. This proposed assessment process would ensure the ongoing quality and reliability of Lido’s Curated Module.

Off-chain
September 4, 2024
Yes

Same as the one made for Vote #177

On-chain
August 22, 2024
Yes

1. Oracle member rotation While there have been several interests from potential oracle operators, we agree to choose MatrixedLink for the rotation on this occasion as they are one of operators that have experienced the Oracle testnet run and look for more improvements to be introduced with Second Opinion Oracle project. 2. Node Operator name & reward address update This is a highly administrative matter, and we don’t have any particular objections to it. This kind of administrative approval should not need snapshot or on-chain vote. As Izzy mentioned in the forum, setting up Easy Track for this kind of case would be helpful. 3. On-Chain Delegation Having good governance is the key for DAO to be successful. However, there have been several proposals that were rejected due to the lack of the amount of votes. This implementation will enable delegating onchain voting power for LDO holders and thus more voting power can be utilized for the governance. This is an important step for strengthening Lido DAO governance.

On-chain
August 14, 2024
For

Expansion of wstETH to Mode is favorable, as Mode could potentially be a DeFi hub of the Superchain ecosystem and bring huge utility to wstETH. The only concern was the security. After reviewing the assessment provided by the working group of Lido on Ethereum protocol contributors, we do not see any issues with using this bridge.

Off-chain
August 7, 2024
For

Unlike previous bridge proposals, this one uniquely combines Wormhole and Axelar, rather than utilizing a canonical bridge for a specific rollup or chain. While TheDZhon’s suggestion to add more bridges with a 2/3 threshold would undoubtedly enhance security in the future, the current proposal seems to provide adequate security measures for the time being.

Off-chain
August 7, 2024
Selected Choices

While there have been several interests from potential oracle operators, we agree to choose MatrixedLink for the rotation on this occasion as they are one of operators that have experienced the Oracle testnet run and look for more improvements to be introduced with Second Opinion Oracle project.

Off-chain
August 4, 2024
For

As stated in the updated scorecard, there are a lot of points to be improved in Lido DAO’s governance. As we saw success of similar delegate programs in other DAOs, we believe introducing a program to invite publicly declared delegates to increase quality delegates and incentivizing them based on particular conditions to improve the voting process in the Lido DAO should be a huge step towards better decentralized governance.

Off-chain
August 4, 2024
YAY

We’ve been supporting Lido’s staking decentralization, and we consider this proposal necessary to achieve that.

Off-chain
August 4, 2024
Yes

Since we approved the EGG request including the 180k LDO transfer, we approve the transfer in this onchain voting and same for the Expanding the Simple DVT Module request.

On-chain
July 25, 2024
For

We voted for this proposal, as it protects Lido DAO from a potential default judgment, which could have serious negative consequences, including potential web infrastructure takedowns, delisting of LDO from trading venues, and creating precedents that could be used in future legal actions against Lido DAO or similar entities.

Off-chain
July 9, 2024
For

See Expanding the Simple DVT Module and LIP-22: stETH on L2 — wstETH on Optimism bridge endpoints upgrade

On-chain
July 3, 2024
For

This proposal outlines the major grant requests for the half-year period as follows: - 24.6m DAI + 180k LDO in grant continuity for the Lido Contributor’s Group - 7.1m DAI in grant continuity for the Liquidity Observation Lab - 400k DAI for the Community Lifeguard initiative These are essential initiatives for achieving the goals set by GOOSE and reGOOSE, and we support this proposal.

Off-chain
July 2, 2024
For

This is a proposal to establish a vault with additional incentives provided by Obol, SSV and the DVT modules of Lido. This initiative aims to encourage stakers to deposit into SDVT validators, thereby expanding the share of SDVT. We support this proposal as SDVT is one of the most critical efforts to enhance decentralization in Lido's staking and this proposal would surely promote this initiative faster.

Off-chain
July 2, 2024
For

This proposal suggests organizing CLI as a subcommittee of LEGO with a budget of approximately 200k USD per quarter. CLI aims to invigorate community activities and increase the number of contributors, such as community stakers, by managing community programs, creating content for community stakers, and identifying and supporting grant opportunities. This initiative is crucial for enhancing the decentralization of Lido and expanding a diverse base of contributors. We support this proposal.

Off-chain
July 2, 2024
For

Currently, wstETH is deployed on various L2 networks. In addition to this, this is a proposal to make stETH available on L2 as well. By utilizing existing bridges and wrapping wstETH on L2, stETH can be used on L2 networks. Ensuring that stETH maintains the same utility on L2 as it does on L1 is crucial for user experience, and we support this proposal.

Off-chain
July 2, 2024
For

This not only enhances the decentralization and security of Lido's Node Operators but also improves the economics for Node Operators participating in DVT. Therefore, we support this proposal.

Off-chain
June 4, 2024
For

As this proposal will lead to further strengthening of the robustness of the Lido protocol, we vote in favor of it.

Off-chain
June 4, 2024
For

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.

Off-chain
June 4, 2024
For

We believe that as a member of the Lido Alliance, Mellow can contribute to the growth of the Lido ecosystem by expanding the utility of stETH.

Off-chain
June 4, 2024
For

With the ReGOOSE update by hasu, we believe establishing the Lido Alliance would lead the direction toward a more decentralized and safer Ethereum ecosystem.

Off-chain
May 22, 2024
For

The proposal addresses key issues that are essential for Lido DAO’s future strategy.

Off-chain
May 22, 2024
For

Same as Renew GateSeal for the Withdrawal Queue and Validator Exit Bus Oracle

On-chain
April 23, 2024
For

We vote FOR the proposal while we understand that having trust-minimized options for unexpected emergencies is crucial to keep the protocol safe and that Lido is still on the way to achieve making them into protocols

Off-chain
April 15, 2024
Yes

While we have several questions to be answered, we vote for the proposal since we agree with its general direction.

Off-chain
March 21, 2024
Yes

We understand this is an important step for the automation to achieve further decentralization

On-chain
March 21, 2024
For

As it has been proven to be the best approach to prioritize the native bridges to avoid liquidity fragmentation, we consider this approach to deploy wstETH should be the right decision.

Off-chain
March 17, 2024
For

We highly appreciate efforts made for the investigation by the team, and we believe this is a part of the process of making secure system.

Off-chain
March 17, 2024
For

As delegation has been proven to work well in the other DAOs, this is a great step for a better governance of Lido.

Off-chain
March 17, 2024