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Lido DAO Approves Execution Delegation Upgrade And New Deposit Reserve Controls

Bitcoinist
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Lido DAO Approves Execution Delegation Upgrade And New Deposit Reserve Controls

TL;DR Lido Aragon Vote #205 passed and executed on September 21 at 13:45 UTC. The package includes LIP-37, a DepositSecurityModule v5 upgrade and operational-key rotations. It also creates a Deposit Reserve Target Easy Track mechanism with a 9,600 ETH ceiling. Lido DAO has completed one of its more substantial operational governance packages of the month. […]

Key Takeaways

  1. TL;DR Lido Aragon Vote #205 passed and executed on September 21 at 13:45 UTC.
  2. The package includes LIP-37, a DepositSecurityModule v5 upgrade and operational-key rotations.
  3. It also creates a Deposit Reserve Target Easy Track mechanism with a 9,600 ETH ceiling.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.