GOVERNANCE
Lido Proposes DAO Shift to Reverse Market Share and Boost LDO
Lido proposes restructuring from core-team-led governance to a decentralized community DAO. Market share fell from 32% to 22-24% amid competition from EigenLayer, Symbiotic, and Karak. Plan includes an open RFP model for development roles and onboarding external firms for tokenomics reform targeting LDO value accrual. Community feedback precedes a Snapshot vote.
