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cryptonews
2022-07-26 14:00:00

Lido DAO Votes Against Selling LDO 10M Tokens to Dragonfly Capital

Lido DAO Votes Against Selling LDO 10M Tokens to Dragonfly Capital

The community members of Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, have voted against a proposal to sell LDO 10m tokens to crypto investment firm Dragonfly Capital for DAI 14.5m. The vote, which concluded on Monday after a four-day voting period, ended with 609 DAO members participating, representing over 64m Lido DAO (LDO) tokens. ...Read More: Lido DAO Votes Against Selling LDO 10M Tokens to Dragonfly Capital

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