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Lido · closed proposal

Wind Down Simple DVT Module Regular Clusters

0xFf64…1fCe·ended 1mo ago·Discussion ↗·MEDIUM RISK
🐳 Whale activity
Voters
49
LDO voted
57.39M
≈$21.50M
Token price
$0.37

AI summary

This proposal seeks to discontinue the 72 'regular clusters' within Lido's Simple DVT Module (SDVTM) earlier than planned. The SDVTM was designed to test Distributed Validator Technology (DVT) and has successfully proven its viability. However, due to declining profitability for operators and increasing operational challenges, maintaining these clusters has become unsustainable. Operators from these clusters will be offered options to transition to the Community Staking Module (CSM), including a new 'Identified Distributed Validator Technology Cluster (IDVTC)' operator type.

Impact

If approved, the SDVTM regular clusters will be wound down, impacting the operators currently running them. These operators will receive a one-time grant from an existing ecosystem fund to compensate for the early wind-down and their past contributions, provided they meet eligibility criteria and continue validating via CSM. This change aims to improve the economic viability for DVT operators within Lido and streamline its staking infrastructure.

Read full proposal on Snapshot

Voting results

Support57.39M (100.0%)
Reject0 (0.0%)
57.39M LDO · ≈$21.50M · 49 votersblock 25300281

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

12 votes > 5% VP
0x4af8…6a0b
1mo ago · voted Support
15.7%
9.00M VP
≈$3.37M
0x42e6…3fb0
1mo ago · voted Support
59.3%
7.66M VP
≈$2.87M
0xb664…f890
1mo ago · voted Support
22.2%
6.25M VP
≈$2.34M
0xa418…b737
1mo ago · voted Support
13.2%
6.02M VP
≈$2.26M
0x8172…922e
1mo ago · voted Support
13.6%
5.36M VP
≈$2.01M
0x1f76…5ed6
1mo ago · voted Support
29.1%
5.31M VP
≈$1.99M
0x55bc…f0fa
1mo ago · voted Support
12.4%
3.48M VP
≈$1.30M
0x3133…5c00
1mo ago · voted Support
100.0%
3.05M VP
≈$1.14M
0x510a…8d0e
1mo ago · voted Support
5.8%
2.79M VP
≈$1.05M
0xae09…256b
1mo ago · voted Support
7.1%
2.30M VP
≈$862.1K
0x45bc…fd99
1mo ago · voted Support
6.8%
2.04M VP
≈$764.7K
0x6f9b…8a1d
1mo ago · voted Support
34.2%
1.58M VP
≈$593.1K

Full proposal

Original markdown · Lido

TL;DR

This proposal seeks DAO approval to wind down the 72 regular clusters in the Simple DVT Module (SDVTM) ahead of the originally communicated up to 3-year module lifetime. If approved, operators from regular clusters will be offered several continuation paths into the Community Staking Module (CSM), including through the Identified Distributed Validator Technology Cluster (IDVTC) operator type.

Op…

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