Odaily News: The Lido community is voting on whether to approve the proposal to self-stake all ETH in its treasury. The purpose of this proposal is to create productive assets in the Lido treasury to offset operational costs.

Based on the current yield (approximately 4%-6% per year), it is expected that if the Lido protocol stakes its current holding of 20,000 ETH, an additional $2 million will be earned annually. All members of the Lido Financial Management Committee have voted in favor of this proposal.

The main voting phase has already begun and will end on July 1st at 1:47 AM. As of the time of writing, 100% of the members have voted in favor of the proposal. (Blockworks)