The Lido community proposed the "Approval of the Establishment of the Treasury Management Committee."

2023-04-04 22:14:25
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ChainCatcher message, the liquidity staking protocol Lido community has proposed a proposal to approve the Lido treasury management principles and authorize the establishment of a treasury management committee to propose treasury management strategies governed by these principles and execute them.

The proposed treasury management principles include that ETH is the primary unit of account for Lido DAO, that the funds of Lido DAO are the "source" of protocol resilience and future growth, which can fund further plans to achieve the goals of protocol decentralization and network security; the risk of loss of treasury funds should be minimized in all circumstances; all treasury ETH must be staked in Lido; and LDO holders have the final say. (source link)

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