Lido DAO’s Governance Token LDO Jumps on Treasury Proposal

The proposal was submitted by Lido DAO’s monetary unit, Steakhouse Monetary, and considers four treasury-related proposals, together with whether or not the DAO ought to promote or stake the 20,304 ether (price about $30 million) it holds in its treasury, diversify its stablecoin holdings and promote its protocol surplus of staked eth to finance working bills.