Lido Ecosystem Grants Organization

We strive to fund individuals, projects and initiatives which benefit both Lido and/or the surrounding space while maintaining efficiency and accountability for big developments

Any blockchain developer, crypto enthusiast or a member of community can be a participant of this program. If you're improving the ecosystem or general awareness about Ethereum, PoS, DeFi, etc. and have a solid plan on how to meet your goals - we're here to support you

Lido Ecosystem Grand Organisation

Grant Classification Successful grants Grant Application Process LEGO Committee LEGO Council LEGO Nominees Quarterly reporting

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Grant Classification Successful grants Grant Application Process LEGO Committee LEGO Council LEGO Nominees Quarterly reporting

Grant Classification

LEGO grants are sorted into four different piles by expected size and impact:

Name

Description

Grant amount

Sandgrain

Contributions that are nice to have, yet not vital. Can be easily evaluated by a single person.

~1,000 USD

Pebble

Pebbles are non-critical, small things that are beneficial for Lido but not so trivial to call a sand grain.

~10,000 USD

Boulder

Boulders are big, important things that are imperative to be carried out by experts and thoroughly evaluated by core contributors.

~100,000 USD

Mountain

Mountains are critical improvements to Lido that have a significant impact on its growth, security, operations, etc.

~100,000 USD +

Successful grants

These are just some of the successful LEGO grants we’ve seen completed over the last few months.

Grant Size

Proposal

Description

Lido for Solana (by Chorus One)

Chorus One worked with LEGO to fund the successful development of Lido for Solana.

Immunefi Bug Bounty

A LEGO initiative to allocate treasury funds towards an Immunefi bug bounty program.

Funding LeXpunK DAO (legal activism DAO)

Grant of $1M equivalent in ETH paid from Lido treasury to the first of its kind legal activism DAO to bootstrap a new community of lawyers and builders working side-by-side to legitimize and protect shared creative values of the DeFi space.

Grant to Protocol Guild Pilot

Lido DAO on Aragon vote decided to support further protocol development with 2M LDO grant to the Protocol Guild’s vested split smart contract, paid from Lido treasury.

Strategic Commitment to research of SSVs (Blox Staking & Obol)

Commitment of $100k to Blox Staking and Obol for the research of SSVs.

Lido for Kusama & Polkadot (by MixBytes())

The expansion of the Lido liquid staking ecosystem to Polkadot and Kusama.

Tempus Finance stETH Integration

The Tempus Finance integration of stETH into their fixed yield offering.

Funding of stETH Rabbithole Campaign

A successful Rabbithole quest to drive growth in TVL and active stETH holders.

MEV-Boost Dashboard

A small thank you grant to Toni Wahrstatter for the MEV-Boost dashboard showing MEV-Boost dynamics, main contributors and many more!

Simple unit converter for Ether units

Sangrain grant to Alberto Cevallos for this neat and handful unit converter.

DateTimeLib

Sandgrain to Bokkypoohbah as a thank you for DateTimeLib we're using in the new EasyTrack payment motion factories.

For the full list of disbursed grants, please navigate here.

Grant Application Process

To apply for a grant, please follow the process outlined below:

Contact

Make contact with the LEGO person responsible for your specific area of contribution (or just any LEGO person who will forward you to the relevant point of contact) on Telegram to introduce yourself and your idea.

Good practice is to prepare a short pitch of the proposal:
Title: What is the grant application about?
Author(s): Who will be working on the proposal (experience, previous major achievements)?
Purpose: How will it aid the Lido ecosystem? Why is it important?
Summary: A brief summary of the grant application (3-4 sentences)
Details: timelines, expenses estimates.

Discuss grants terms

Hash out the terms, timelines, and deliverables in personal communication with the relevant LEGO member. They will get approval or rejection according to the LEGO process.

Review

The proposal is shared on research.lido.fi and amongst LEGO committee members for review. Upon approval, communication channels will be set up and nominee will receive funding.

Present

Upon completion, the creator is invited to introduce the grant work and showcase their developments to the LEGO committee.

The timeline for grant execution will differ based on the size of the grant opportunity as well as the number of committee members needed to take part.

LEGO Committee

LEGO is built up around 2 unique segments - LEGO Council & LEGO Nominees.

LEGO Council

The LEGO Council is comprised of the founding LEGO partners. The LEGO Council is comprised of 8 individuals with a range of backgrounds and experience, each responsible for a specific segment of Lido.

Name

Domain

About

Social

Vasiliy Shapovalov

General, tech

Founder, CTO @ P2P Validator

Kasper Rasmussen

Admin, community

CM, Exchange & DEXs

Victor Suzdalev

Defi integrations

Integrations team, Lido DAO on-chain ops

Sam Kozin

Ethereum liquid staking

Lido protocol dev

Flo

Node and Validation tech

Co-Founder & CTO of Staking Facilities

Tim Beiko

Ethereum ecosystem alignment

AllCoreDevs, Ethereum

Isidoros Passadis

General, node operation, decentralization, future of staking

Extensive experience in Financial and IT auditing, risk & control frameworks, business process design and implementation

Alex Lykov

General, LEGO ops

LEGO analyst and operations (experience in financial audit and biz analytics)

LEGO Nominees

The LEGO Nominees is an expansion of LEGO by 10 individuals who manage personal allocations (up to 10,000 LDO) with the ability to approve pebble-sized grants to developments which they find to be of benefit to Lido/the industry.

Name

About

Social