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

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
Chorus One worked with LEGO to fund the successful development of Lido for Solana.
A LEGO initiative to allocate treasury funds towards an Immunefi bug bounty program.
The Tempus Finance integration of stETH into their fixed yield offering.
Commitment of $100k to Blox Staking and Obol for the research of SSVs.
The expansion of the Lido liquid staking ecosystem to Polkadot and Kusama.
A successful Rabbithole quest to drive growth in TVL and active stETH holders.
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.
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.

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

Grant Application Process

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

1

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.

2

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.

3

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.

4

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
Klim
Core dev of Yearn finance
FrontAlpha
Lido Referral Program
Felix Lutsch
CCO @ Chorus one
CC
Community manager in Lido
Eugene Pshenichniy
Lido on Ethereum dev
Georgios Konstantopoulos
CTO and research partner in Paradigm
JK
Responsible for strategy and operations at stake.fish
Edi
CEO @ Shardlabs (developers of stMatic)
Will Harborne
CEO at Rhino.fi
Jbeezy
ConsenSys, Sprice ID, NEAR foundation, Lido. BD, operations, strategy, GTM.

Quarterly reporting

Each quarter LEGO issues reports with an overview and details of granting activity for the past 3 months: