📡 Protocol
Voting URL
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x6b89b74c259d2cc5979c46be6cfe2ae20f9485eee728a628f56930db644da985
Type of Vote
Off-chain
Our Vote
Against
Rationale
On top of the raised concerns around dominance of stETH in Ethereum, the justifications of the grant size seems weak and off as stETH related trading volume is already huge. We would like Lido to propose their request in another way, address concerns and focus on properly introducing the native stETH in Arbitrum.
Vote Date
October 12, 2023