🚀Lido DAO's latest governance plan is online! 🎉

Lido DAO has just passed Vote 178 and Snapshot to launch the "On-chain Delegation and Representative Incentive Program", which aims to simplify the governance process, increase participation and transparency. The program will provide a total of $150,000 in LDO tokens to incentivize active representatives, with a pilot period of 6 months.

Token holders still retain full control over the vote, and the program will be launched on September 19 and will last until March 18, 2025. Eligible representatives must have more than 2 million LDO delegated on Aragon and Snapshot, and can receive up to $15,000 in LDO rewards every three months.

Lido DAO will also set up a representative oversight committee to ensure the smooth operation of the system and maintain transparent communication with the community. What do you think of this new plan? Share your thoughts in the comments section! 💬