Proposal from the Lido community to approve the establishment of a treasury management committee with authorized authorization.
BlockBeats news on April 4th, the Lido community, a liquidity staking protocol, proposed a motion to approve Lido's treasury management principles and authorize the establishment of a treasury management committee to propose principle-bound treasury management strategies and implementation.
The proposed treasury management principles include ETH as the primary account unit for Lido DAO, Lido DAO's funds as the "source" for protocol flexibility and future growth, which can fund plans to further decentralize the protocol and achieve network security goals; the risk of loss of treasury funds should be minimized in all cases; all treasury ETH must be staked in Lido; LDO holders have ultimate decision-making power.