Lido EasyTrack

Summary

Lido DAO governance currently relies on Aragon voting model. This means DAO approves or rejects proposals via direct governance token voting. Though transparent and reliable, it is not a convenient way to make decisions only affecting small groups of Lido DAO members. Besides, direct token voting doesn't exactly reflect all the decision making processes within the Lido DAO and is often used only to rubber-stamp an existing consensus. There are a few natural sub-governance groups within the DAO, e.g. validators committee, financial operations team and LEGO committee. Every day they need to take routine actions only related to their field of expertise. The decisions they make hardly ever spark any debate in the community, and votings on such decisions often struggle to attract wider DAO attention and thus, to pass. Easy Track frictionless motions are solution to this problem. Easy Track motion is a lightweight voting considered to have passed if the minimum objections threshold hasn’t been exceeded. As opposed to traditional Aragon votings, Easy Track motions are cheaper (no need to vote ‘pro’, token holders only have to vote ‘contra’ if they have objections) and easier to manage (no need to ask broad DAO community vote on proposals sparking no debate).

Project

Lido Liquid Staking

Multi-Chain

No active critical issues

Last audited on 21/06/2024

by ChainSecurity

Auditor

OXORIO

Multi-Chain

36bn TVS

15 audits on Trustblock

Finance

Contracts (4)