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Title: The Lido community's proposal to approve the establishment of a treasury managem Post by: CryptoSable on April 28, 2023, 08:02:02 AM The Snapshot voting page shows that the Lido community vote on the proposal of "approving the DAO fund management principles and authorizing the establishment of a treasury fund management committee" has ended and passed with a 100% approval rate. Proposed treasury management principles include that ETH is Lido DAO's primary unit of account, Lido DAO funds are a source of protocol resilience and future growth, and can fund plans to further the protocol's decentralization and cybersecurity goals; The risk of loss of treasury funds is minimized; all treasury ETH must be pledged in Lido; LDO holders have the final say.
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