Lido Finance Community Discusses Whether Supporting Terra Reboot or Not

Liquid staking protocol Lido Finance's community has raised a proposal discussing whether to launch the Lido protocol on the new Terra network or not. The proposal discusses the risk of supporting/not supporting the Terra reboot and models of compensating Lido DAO. It also proposes four scenarios: 1. Do not support the reboot; 2. Support the reboot, do not accept tokens from the builder’s allocations; 3. Support the reboot, keep X tokens as compensation for redeploying the contracts and donate the rest to impacted UST savers; 4. Support the reboot, keep all tokens.
Source

Lido

Terra

DeFi

DAO

In This Article

Related News
Daily Market Wrap | Jan. 27 Daily Market Wrap | Jan. 27
Daily Market Wrap | Jan. 13 Daily Market Wrap | Jan. 13
Daily Market Wrap | Jan. 04 Daily Market Wrap | Jan. 04
Daily Market Wrap | Dec. 18 Daily Market Wrap | Dec. 18
Daily Market Wrap | Dec. 12 Daily Market Wrap | Dec. 12
Latest News More More
Daily Market Wrap | Feb. 02
2 Days Ago Daily Market Wrap | Jan. 30
3 Days Ago Daily Market Wrap | Jan. 29
4 Days Ago Daily Market Wrap | Jan. 28
6 Days Ago Daily Market Wrap | Jan. 26
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open