Revoke Canonical Status of (w)stETH Bridge Endpoints on Selected Chains and Authorize NEC for Revocations
AI summary
This proposal asks Lido token holders to revoke the 'canonical status' of wstETH (wrapped staked ETH) bridge endpoints on several blockchain networks, including zkSync Era, Mode, and Polygon PoS. Canonical status means that Lido officially recognizes these bridges as the primary, trusted way to move wstETH to these networks. The proposal also seeks to authorize the Network Expansion Committee (NEC) to make similar revocations in the future without needing a full DAO vote. The goal is to streamline Lido's multi-chain strategy and focus on networks with significant wstETH adoption.
If approved, Lido will no longer officially recognize certain bridges as canonical, which could affect how users perceive the official support for wstETH on those chains. However, current holders of wstETH on these networks will not lose their tokens, and the bridges will continue to function. The NEC will gain more power to manage bridge statuses, potentially leading to quicker adjustments in Lido's multi-chain presence.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
12 votes > 5% VPFull proposal
Summary
This proposal seeks LDO token holders’ approval to:
- revoke the recognized canonical status of (w)stETH bridge endpoints on zkSync Era, Mode, Scroll, [Mantle](https://snapshot.box/#/s:lido-snapshot.eth/proposal/0x349fa74…