Hey all–
Thank you for a robust and healthy discussion this past week on this thread!
Given the end of the voting period approaching, I wanted to recap our call from this week with delegates in the Weekly Meta-Gov call on this issue and close out this thread. We had record attendance in the call this week (26!) with delegates + members of the @karpatkey team. The call was spent talking about the importance of Lido diversification (something everyone agreed on), and together with the Karparkey team, I am pleased to say that we have a consensus on a concrete action plan.
Please note that I am writing this to serve as a short recap in the interest of time-- a longer recap / minutes of the meeting will be posted later this week in the Meta-Gov call/minute thread.
the TLDR is that the Endowment is committed to never having more than 20% of the Endowment’s staked ETH in Lido. We have already moved 30% away, and will commit in the short term to further divest the other 50% away.
Once again, thank you to everyone who showed up and participated in a very important discussion and voicing your opinions! I for one was extremely impressed with the thoughtfulness of the attendees. DAO communication is difficult, but I’m proud to be part of a community with passionate yet respectful folks.
Link to the full action plan here: MetaGov Call Oct-3 - Google Slides