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Lido DAO’s Governance Token LDO Jumps on Treasury Proposal

Press Release by Press Release
February 15, 2023
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Lido DAO’s Governance Token LDO Jumps on Treasury Proposal
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The proposal was submitted by Lido DAO’s financial unit, Steakhouse Financial, and considers four treasury-related proposals, including whether the DAO should sell or stake the 20,304 ether (worth about $30 million) it holds in its treasury, diversify its stablecoin holdings and sell its protocol surplus of staked eth to finance operating expenses.



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Tags: DAOsGovernanceJumpsLDOLidoProposalTokentreasury
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