LDO treasury diversification round 2

Link to proposal

Proposal 1, Proposal 2

Snapshot / Aragon

Snapshot, Aragon


Original proposal was to sell 20M LDO for $29M DAI (10M to DragonFly and 10M to other strategic participants). As a result of thorough discussion with the community new proposal to sell 10M LDO to DragonFly was introduced (another round is yet to be announced). Price was updated + vesting period was introduced, resulting in 10M LDO vested for 24.3M DAI to DragonFly.