What companies that hold crypto say they bought and hold, quoted from their 8-Ks and checked against their 10-Qs;
who holds the crypto ETFs, from every 13F; what changed in the ETFs' prospectuses; a daily copy of pages projects and
stablecoin issuers change without notice; and what the largest DAOs voted for. No prices: every number here comes from a document, linked.
Closed Snapshot votes of the largest DAOs, newest first, with the choice that won and the proposal's own summary, quoted.
"Money" marks proposals about the treasury, grants, fees, emissions, unlocks or buybacks.
I am putting forward a comprehensive proposal for community discussion and subsequent Snapshot voting. The goal is to aggressively optimize the DAO’s operational expenditures and realign our token support mechanisms with current market realities.
This proposal requests Lido DAO to authorize a contingent, capped market-making mandate for LDO on centralized exchanges (CEXs), to reduce the risk of LDO trading-pair degradation or delisting due to insufficient liquidity.
This vote seeks Lido DAO approval for the appointment of Leeward Supervisors Limited ("Leeward") as Supervisor of Lido Alliance BORG Foundation ("Lido Alliance BORG").
This proposal introduces 0x02 CSM, a new permissionless staking module that gives Node Operators a way to run validators with 0x02 withdrawal credentials, supporting an effective balance of up to 2,048 ETH. It complements the existing module, referred to as 0x01 CSM from here on, which continues serving smaller operators unchanged.
This proposal introduces the Penalty Framework for the Curated Module v2 (CMv2) as the baseline process for assessing and applying penalties to Node Operators. The Framework establishes how the Curated Module Committee (CMC), with analysis and support from the NOM team (Node Operator Mechanisms workstream of DAO contributors), reviews incidents involving Node Operator conduct, misconfiguration, underperformance, or other protocol-impacting events.
Staking Router v3 (SRv3) is a Lido Core upgrade that supports large validators (up to 2048 ETH) and introduces balance-based accounting for the post-Pectra validator model, lays the foundation for proposed new versions of the Curated and Community Staking modules, and enables efficient cross-module stake migration. More details can be found in LIP-35.
This proposal introduces upgraded versions of the Community Staking Module and Curated Module — CSMv3 and CMv2 — with support for 0x02 validator withdrawal credentials introduced in the Pectra hard fork. More details can be found in LIP-33.
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.
This proposal seeks DAO approval for Galaxy’s planned infrastructure update during the Curated Module v1→v2 migration. As part of this migration, the Galaxy Lido validator and signing stack will transition from the current Vouch/Dirk setup to its internal SOC 2 Type II-compliant staking platform. The transition would take place within the protocol-standard CMv2 consolidation process, allowing Galaxy to place the new 0x02 validator keys on its internal platform from the outset, without a separate key rotation.
Pier Two , a Node Operator (NO) participating in the Lido on Ethereum Curated and Simple DVT Modules, has been acquired by Bitmine Immersion Technologies and will now operate as part of MAVAN, Bitmine’s proprietary staking platform.
It is proposed to replace GateSeals with CircuitBreaker , a permanent emergency pause contract. Unlike GateSeals, CircuitBreaker does not expire, does not require recurring redeployment, and allows committees to prolong their pause authority over assigned contracts by periodically submitting liveness checks ("heartbeats"). The full CircuitBreaker design is specified in LIP-34.
This proposal seeks DAO approval for the Node Operator Type Assessment Framework for Curated Module v2 (CMv2) . The framework introduces six Node Operator types: Professional, Professional Trusted, Public Good, Extra Effort, Decentralization, and an additional Intra-Operator DVT Cluster type. It defines the inclusion criteria for each type, the assessment methodology, the operator-provided information used as the basis for evaluation and scoring, and the reassessment process.
This proposal seeks DAO approval for the final design and implementation of NEST — a rule-based mechanism that creates an on-chain link between Lido protocol performance and LDO. If staking revenue exceeds an operating baseline, NEST can convert a bounded share of that surplus into LDO via CoW Swap. In the currently proposed Liquidity Provisioning (LP) mode, purchased LDO is paired with wstETH and deployed as DAO-owned liquidity in a Curve LDO/wstETH pool (LP tokens remain DAO-owned). NEST is automatic, permissionless, capped, and protected by emergency pause controls. The full NEST design is specified in LIP-36.
Lido Earn contributors request DAO authorization to use the Lido Earn first-loss mechanism to cover Kelp-related losses incurred by Lido EarnETH users, even if such losses are below the previously approved 1% threshold. This is a one-off, Kelp-specific exception intended to support Lido Earn's continuity and user confidence.
Operating DAO-related processes requires striking a balance between flexibility and security. Lido DAO and the Lido protocol are governed by tokenholder voting, while Safe multisig wallets are used to execute a broad set of delegated functions, helping streamline numerous operational processes while remaining transparent and subject to DAO oversight and potential veto.
This proposal aims to formalize the change in destination and utilization of post-Node Operator share of DVT incentives and APM incentives flows, and seeks DAO approval to:
The proposal seeks to authorize the Lido Growth Committee to execute a one-time LDO accumulation program using up to 10,000 stETH from the Lido DAO Treasury.
The Lido Alliance BORG Foundation (the "Foundation") proposes raising the Easy Track limits governing transfers to the Lido Alliance BORG Foundation operational multisig to $5M per 6-month period (vs. current $250K per 3-month period) to reflect the Foundation’s increased funding needs, in accordance with GOOSE-3. This change does not introduce any new budget allocation and is limited to raising on-chain security limits within the previously approved annual funding proposal.
This proposal introduces a new CSM Node Operator type — Identified DVT Cluster (IDVTC) — allowing groups of 4 Identified Community Stakers (ICS) to run validators collaboratively using DVT. The design combines the trust guarantees of ICS with the resilience of DVT, offering improved capital efficiency while maintaining strict eligibility requirements and DAO oversight. For full proposal details, please refer to the Research Forum.
The proposal introduces the Curated Module Committee (CMC) as a dedicated body to handle the day-to-day operations of Lido’s Curated Modules in light of the upcoming Curated Module v2 (CMv2). The CMC is proposed to be granted governance authority over CMv2, oversight of CMv1 and Simple DVT Module (SDVTM), and the responsibilities currently performed by LNOSG (Lido Node Operator Sub-Governance Group), which will be deprecated. The CMC will operate via a multisig and handle routine operational tasks (e.g., penalties, parameter updates, registry management, and operator administration) within defined on-chain permissions. DAO oversight is preserved through Snapshot votes for high-impact decisio…
Galaxy Challenge is a skill-based Web3 arcade game where players pilot a starship, dodge crypto coins, and survive waves of increasing difficulty. We propose integrating Lido (stETH/wstETH) as a supported deposit & reward token.
Stakin , a Node Operator ("NO") participating in the Lido Curated and Simple DVT Modules, was recently acquired by The Tie , an institutional services provider for digital assets. According to information disclosed by Stakin on the forum and confirmed by The Tie, validator operations will continue to be run by the existing Stakin team.
This proposal requests a "skin-in-the-game" one-time $5M DAO Treasury allocation (requested in stETH equivalent) into the planned new Lido Earn vaults: Lido Earn ETH Vault and Lido Earn USD Vault . The purpose of this allocation is to:
This proposal seeks DAO approval to make the Delegate Incentivization Program a standing governance mechanism, funded under the approved 2026 EGG request. The proposed program is designed to auto-renew annually, pay delegates in USD-denominated stablecoins, remove gas reimbursements, and migrate the operational and payment rails to the Lido Labs Foundation.
Reform and relaunch the Rewards Share Committee (”Committee”) as DAO-authorized operational committee to align with GOOSE-3 goals. This proposal updates the Committee mandate and process, including adding support of the stVaults which were introduced with Lido V3, as well as operational functions to help execute the changes approved to Curated Module processes, and updates Committee configuration. The full updated version of the Rewards Share Program is available on the Research Forum.
This proposal introduces a variable incentive allocation model for Distributed Validator Technology (DVT) incentives accrued to the Lido protocol, split between Node Operators and the Mellow Distributed Validator Vault (DVV). The proposed new mechanism aims to better reflect the real costs of operating DVT‑based validators under current market conditions for Node Operators in the Curated Module (CM) and the Community Staking Module (CSM).
Result: Approve 2026 EGG with 100.0% of the votes cast
This 2026 Ecosystem Grant gRequest (“EGG”) sets out the funding required to execute GOOSE-3 strategic plan for 2026 to support the Lido DAO (the “DAO”) in furthering the Lido protocol (“Lido” or “Protocol”).
Result: Adopt GOOSE-3 proposal with 100.0% of the votes cast
GOOSE (Guided Open Objective Setting Exercise) is a framework establishing the open yearly process designed for the Lido DAO to pick a set of short- and medium-term goals. During the 2025 GOOSE proposal window, only one proposal for the upcoming 2026 year was submitted: the GOOSE-3 submission by the Lido Labs Foundation, prepared in collaboration with the Lido Ecosystem Foundation and the Lido Alliance BORG.
- GOOSE-3 proposes the horizontal expansion of the Lido DAO into new products and business lines. - The current bylaws of Lido Alliance BORG are narrowly drafted and restrict its purpose to the Lido Alliance Program. - To allow for the execution of GOOSE-3, we propose expanding Lido Alliance BORG’s permitted purposes to enable it to host the new initiatives, products and activities to be undertaken pursuant to GOOSE-3. - This change requires the favourable vote of the LDO token holders. - If approved, and subject to GOOSE-3 also being approved, the Lido Alliance BORG’s directors will pass a board resolution implementing the approved changes.
The Lido Labs Security Operations team proposes Lido DAO adopt the SEAL (Security Alliance) Whitehat Safe Harbor Agreement (Agreement Documentation, Legal Agreement) for the Lido on Ethereum protocol.
This proposal requests the DAO’s approval to execute the TMC-6 strategy and handle the related operations to allow the DAO to generate returns on its stablecoin holdings. Proposal details
This proposal seeks to adjust the fee structure for Node Operators in the current Curated Module (CM or CMv1) of the protocol in light of two key factors: (1) proposed changes that will be brought by Staking Router v3 and Curated Module v2 (see “Contributor Thoughts on the Future of Lido Core”), and (2) increasing competition in the Ethereum staking market.
This proposal introduces several updates to the Lido Ecosystem Grants Organization (LEGO) framework, reflecting operational learnings and spending patterns over the past two years.
- This proposal seeks to have Lido Labs Foundation assume the Token Reward Plan (“TRP”) from the grants association and assume the TRP Committee’s responsibilities for administering any LDO-based TRP. The TRP Committee’s multisig and all Easy Track integrations will be adopted and remain unchanged (except Easy Track AllowedRecipientsRegistry parameters specified in this proposal explicitly). - Lido Labs Foundation shall manage the TRP multisig’s composition in accordance with existing DAO policies. - The TRP shall be amended effective as of 8 November 2025 with reduced allocations for Lido contributors as well as a reduced vesting term. No change from 22,000,000 LDO allocated. - Lido Labs Fo…