Lido finance approves proposal to activate Obol decentralized staking module.
Liquid staking protocol Lido Finance voted to approve a proposal incorporating Obol Network's Simple Distributed Validator Technology.
The motion passed with over 99% support on November 3. as a condition for the use of lido DAO closing funds to pay module deduction fines and other costs is also approved.
🚨A significant step
"This vote signals support for the progress of this new module. This will be Lido's first module to use Obol DV on the Ethereum mainnet," wrote Obol Labs, the company building the Obol network, on social media. “This module represents a significant step towards strong diversification and decentralization of the Lido Node Operator suite.”