The Lido community voted to approve the proposal to "stake all treasury ETH in Lido."

2023-07-01 21:41:29
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ChainCatcher news, the Lido community voted to approve the proposal to "stake all treasury ETH in Lido." At the end of May, the Lido DAO Finance Working Group Steakhouse submitted the public governance proposal TMC-0, suggesting to stake all treasury ETH in Lido.

The proposal states that the annual yield of 20,000 ETH is between 4% and 6%, with earnings approaching $2 million per year. (source link)

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