Lido DAO

Lido’s grant initiative - LEGO - has completed its first year!

LEGO - the Lido Ecosystem Grants Organisation - is a framework by the Lido DAO to fund initiatives that help benefit and grow the Lido ecosystem. It is designed as a straightforward process through which external contributors can seamlessly gather the funding and resources required to act on their concepts.

Next steps

To continue the growth of LEGO and to continue positive dynamics we propose:

• To continue the program for another year at a rate of 300k LDO / quarter. LEGO will request more for special projects if needed.
• Introduce quarterly LEGO budget management via Easy Track motions (in case of any requests for over-budgeted grants - proposals at research forum followed by Snapshot voting).
• Continue publishing quarterly reports for better transparency and accountability.
• Snapshot voting to be held from 20th till 24th of June and, if successful, Easy Track motion to be created for LEGO’s multi-sig wallet top-up for another quarter of operation.