Lido DAO

TLDR

The Lido Ecosystem BORG Foundation (the “Foundation”) proposes changing the Easy Track limits in relation to the Liquidity Observation Lab multisig to 6,000 stETH for every 6 months (instead of 2,100 for every 3 months) to reflect the Foundation’s funding needs. This change aims to align on-chain security constraints with operational needs.

Current status

Under existing Easy Track factories, funds from the Treasury can be transferred to the Liquidity Observation Lab multisig under a security limit of 2,100 stETH for every 3 months.

By Snapshot ending 23 December 2024, DAO voters approved the Lido Ecosystem BORG Foundation’s funding request for the Liquidity Observation Lab of 8.5M for H1 2025, and by Snapshot ending 24 March 2025, the Foundation was granted a total of $8.5M for the Liquidity Observation Lab from 2025-07-01 through 2025-12-31 (”Grants”).

With the existing 3-month limit of 2,100 stETH (roughly $3.4M at today’s prices), the Foundation is unable to access the full amount of stETH making up the Grants.

Proposed changes to parameters: 6,000 stETH for every 6 months

The Foundation proposes to increase the limit to 6,000 stETH and to change to a 6-month limit (instead of 3 months), in order to ensure operational continuity under current market conditions.

Next steps

If the community supports the proposal, the suggested changes will be included in one of the upcoming Aragon votes for on-chain implementation.