Lido DAO suggests a $60 million budget to broaden its scope beyond liquid staking.
Lido DAO's Expansion Plans: Lido DAO has proposed a $60 million budget for 2026 to diversify its offerings beyond Ethereum liquid staking, aiming to become a multi-product organization.
New Product Development: The proposal includes plans for developing new earning products and vault structures tailored for various user types, enhancing revenue streams and protocol resilience.
Proposal Approval Requirement: The outlined plans, titled “2026 Ecosystem Grant Request (EGG): Executing GOOSE-3,” require approval from Lido DAO token holders before implementation.
Liquid Staking Benefits: Liquid staking protocols allow users to maintain liquidity of staked assets while earning rewards, contributing to their popularity in the decentralized finance sector.
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