Lido DAO Voted Against Selling Dragonfly Capital 10M $LDO in Exchange for $DAI

Lido DAO's vote on whether or not to sell 10m $LDO (1% of $LDO supply) to Dragonfly Capital at a price of $1.452153 for a total of 14,521,530 $DAI has ended. 66.61% of the voting power voted for the option "No-Proposal needs more work".
Source

Lido

Governance

Dragonfly

DeFi

In This Article

Related News
Lido 'secure' after oracle compromise sparks emergency DAO vote Lido 'secure' after oracle compromise sparks emergency DAO vote
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Latest News More More
4 Days Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
July 7 TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open