Should Pier Two continue in the Curated and SDVT sets following the acquisition by Bitmine Immersion Technologies?

Background and Context

Pier Two, a Node Operator (NO) participating in the Lido on Ethereum Curated and Simple DVT Modules, has been acquired by Bitmine Immersion Technologies and will now operate as part of MAVAN, Bitmine’s proprietary staking platform.

According to information disclosed by Pier Two on the Research forum, the validator infrastructure, monitoring systems, key management practices, and operational procedures remain unchanged. Bitmine Immersion Technologies confirmed its intention to retain the Pier Two team and infrastructure in full and bring additional resources to maintain operations at the highest standards.

The Lido Curated Module Committee has reviewed the provided information regarding the acquisition and continuation of operations and has not identified any concerns that would warrant ceasing the operator’s participation in the Lido on Ethereum Curated and SDVT sets. The conclusion was published on the forum and offers further guidance to voters in their consideration.

Proposal

Allow MAVAN (formerly Pier Two) to continue node operations in Lido on Ethereum.

Voting Outcomes

A vote "For" indicates agreement with this proposal. If "For" wins, MAVAN (formerly Pier Two) will continue node operations in Lido on Ethereum.

A vote "Against" indicates disagreement with this proposal. As the range of potential concerns or remediation options may vary, a vote "Against" entails further discussion to determine what specific actions, if any, should be considered and potentially brought to a subsequent vote.