Voting has begun on Lido DAO's proposal to sell $14.5 million in LDO to Dragonfly Capital

07/22 15:48

Lido DAO, the decentralised governance arm of Lido Finance, has begun voting on a token sale to venture capital firm Dragonfly Capital, according to Snapshot. The vote will end on 26 July. The token sale is half of Lido's proposed treasury diversification proposal. The full plan is to sell 20 million Lido DAO (LDO) tokens at a flat price of US$1.45. If the vote passes, half of this allocation will be sold to Dragonfly Capital.
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