The ruling asserts that participants in Lido DAO, including its key investors, can be held liable for the organization’s actions, fundamentally challenging the decentralized governance model on which it is built.
"The request for funding requests roughly ~50% of the [Curve's] community fund. This is an extreme concern around sustainability for the ecosystem and growth initiatives overall," one critic says.
The ruling asserts that participants in Lido DAO, including its key investors, can be held liable for the organization’s actions, fundamentally challenging the decentralized governance model on which it is built.
"The request for funding requests roughly ~50% of the [Curve's] community fund. This is an extreme concern around sustainability for the ecosystem and growth initiatives overall," one critic says.
They used substantial token holdings to pass a proposal withdrawing 5% of Compound Treasury for yield strategies. This move raised concerns as governance lost control of the treasury funds without clear returns, likely for the personal gains of a small group of people.
Crypto donation platforms are redefining philanthropy through growing funding mechanisms promoting transparency, community participation, and a focus on tangible results.
The initiative marks a year of building Lido's community by engaging new users, developing educational materials, supporting node operators, and coordinating upgrades such as the Simple DVT, a technology poised to bolster security and decentralization in Ethereum staking.
