Lido DAO Approves LIP-37 Execution Delegation Upgrade and 9,600 ETH Deposit Reserve Cap
- —Aragon Vote #205 executed onchain on September 21 at 13:45 UTC
- —LIP-37 introduces Lido's Execution Delegation Framework
- —DepositSecurityModule upgraded to v5 with Kiln and Stakely key rotations
- —Deposit reserve target capped at 9,600 ETH under CMC oversight
Why it matters: Lido is formalizing governance over Ethereum's largest staking pool, setting a new operating baseline for node operators and delegates.
Source: Bitcoinist