The manager of the decentralized lending platform Lido Finance Lido DAOopposed the return of a small portion of the seized SushiSwap funds.
It lost $3.3 million worth of cryptocurrencies as a result of an app flaw last month. SushiSwapmade up for most of its losses. Buying back 885 Ethereum DeFi platform’s Lido vault has about 40 ETH tokens.
Michael Patryn, co-founder of QuadrigaCX, who allegedly abused the decentralized platform, evaluated some of the stolen ETH tokens on the Lido Finance platform. Lido DAO management, on the other hand, started a vote last weekend for the return of 40 Ethereums in the executive award category.
Interesting Result from the Returns Vote!
The return vote to SushiSwap was negative. 99% of preferred governance members refused the return of said ETH tokens.
Speaking after the event, one of the Lido executives, nicknamed Hasu, emphasized that the vote will have important consequences for the governance of the DAO in the future. Hasu stated that he did not find it right for Lido to act as an intermediary between third parties.
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