# \[EGG\] Lido Ecosystem BORG Foundation Grant Funding Request

**URL:** <https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706>\
**Category:** Proposals\
**Created:** [March 7, 2025, 6:44pm UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706 "2025-03-07T18:44:57Z")\
**Posts on this page:** 9\
**Page:** 1

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**Author:** ![lidoecosystem-ops](https://avatars.discourse-cdn.com/v4/letter/l/a88e57/32.png) [@lidoecosystem-ops](https://research.lido.fi/u/lidoecosystem-ops)\
**Post date:** [March 7, 2025, 6:44pm UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/1 "2025-03-07T18:44:57Z")

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![adcv_Optimistic_2000-core_Marlboro_advert_optimistic_future_s_0af0c718-fdbe-47cb-b6e8-60c47d274a6b_0](https://europe1.discourse-cdn.com/flex013/uploads/lido/original/2X/4/4ba8df5cf75c0802cf91a5e80b8760514c9ec161.png)

> **UPD 14/03/2025:** As part of internal discussions, contributors have made wording clarifications in the proposal. The requested amounts remain unchanged. For transparency, here’s the IPFS link to the original proposal: [https://ipfs.io/ipfs/bafybeigixj4l4rhvwbyszosa6zubhgbr2c265c5pf5qvful7vv5s33zdp4](https://ipfs.io/ipfs/bafybeigixj4l4rhvwbyszosa6zubhgbr2c265c5pf5qvful7vv5s33zdp4).

## tldr

Seek grant approvals through 2025-12-31 to the Lido Ecosystem BORG Foundation to advance stETH adoption, liquidity, and utility, as well as LOL’s grant request for H2 2025.

## **Basic Data**

| **Field** | **Description** |
| --- | --- |
| **Proposal Name** | Lido Ecosystem BORG Foundation Growth Initiative |
| **Which of the following GOOSE goals is your proposal advancing?** | GOOSE-2 goal #3 stETH is the most used token in the Ethereum ecosystem |
| **Proposed scope of work** | Integrations and DeFi use-cases, Institutional adoption, Liquidity optimization, marketing, education and communications |
| **Objectives** | 1. 30%+ of stakers use Lido protocol to stake; 2. Institutions use Lido protocol to stake; 3. Build brand awareness of stETH and Lido protocol |
| **Total Budget Request and Best Before Dates** | Budget request includes $10.61M through 2025-12-31, Liquidity Observation Lab’s grant ($8.5M for H2 2025). |

## **Lido Ecosystem BORG Foundation Grant Funding Request**

| | **2. Validator Set** | **3. stETH Adoption** | **4. Support** | **Grand Total** |
| --- | --- | --- | --- | --- |
| **G&A** | 0.99m | 0.81m | 1.88m | 3.68m |
| **R&D** | | | 1.00m | 1.00m |
| **S&M** | 0.15m | 5.78m | | 5.93m |
| **Grand Total** | **1.14m** | **6.59m** | **2.88m** | **10.61m** |

## Strategic Priorities

**1. 30%+ of stakers use Lido protocol to stake**

- Drive efforts for the adoption of stETH as a battle-tested solution for liquid staking through:
  - Targeted outreach to major DeFi protocols and key ecosystem players
  - Development of comprehensive integration guides and technical documentation
  - Maintaining and reinforcing stETH liquidity and utility
  - Creation of incentive programs for protocols integrating stETH
  - Establishment of a dedicated integration support team

Key Performance Indicators:

- stETH share in Ethereum staking
- stETH trading volume
- Stakers retention

**2. Institutions use Lido protocol to stake**

- Accelerate stETH adoption in institutional segment through:
  - Strategic integrations with major custodians and regulated venues
  - Creation of dedicated institutional onboarding processes
  - Regular institutional user education sessions and workshops
  - Compliance and regulatory knowledge base development

Key Performance Indicators:

- Share of stETH in institutional inflows
- stETH support by major custodies
- Lido brand perception by TradFi and Institutional players

**3. Build brand awareness of stETH and Lido protocol**

- Enhance stETH and Lido brand through:
  - Development of educational content targeting different user segments
  - Collaboration with thought leaders and industry defining organisations
  - Coordinated media and PR campaigns
  - Strategic presence at major industry events and conferences

Key Performance Indicators:

- Social media engagement and community growth
- Lido brand perception among crypto users and institutional stakeholders
- Media coverage quality and quantity

### Additional info

LDO token holders [have approved](https://snapshot.box/#/s:lido-snapshot.eth/proposal/0x7f72f12d72643c20cd0455c603d344050248e75ed1074c8391fae4c30f09ca15) that Lido Ecosystem BORG Foundation oversees and legally “wraps” Liquidity Observation Lab and Rewards Share Committee.  
**Liquidity Observation Lab**  
Liquidity Observation Lab continues its existing [grant](https://research.lido.fi/t/egg-multi-egg-continuity-grant-funding/) ($8.5m) till 2025-06-30 as originally approved.  
This proposal suggests a renewal of the same grant ($8.5m) from 2025-07-01 through 2025-12-31.  
Lido Ecosystem BORG Foundation will explore protocol-owned liquidity (POL) solutions that could further mitigate the ongoing grant levels. If POL is enabled, an update to this grant request would provide transparency and wind down unused grant approval.  
**Rewards Share Committee**  
Rewards-Share Committee continues an existing[grant](https://research.lido.fi/t/rewards-share-program-2024/) (3000 stETH until exhausted or the program stopped) to further help spread awareness about liquid staking technology and liquid staking tokens like stETH.

## Next steps

If the proposal is supported, funding for disbursement to finance Lido Ecosystem BORG Foundation would be requested from the DAO via Easy Track motions to the operational multisig ([0x55897893c19e4B0c52731a3b7C689eC417005Ad6](https://app.safe.global/settings/setup?safe=eth:0x55897893c19e4B0c52731a3b7C689eC417005Ad6)).

Lido Ecosystem BORG Foundation will aim to deliver quarterly community calls to review accomplishments and key results and actuals reporting

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**Author:** ![zuzu\_eeka](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/zuzu_eeka/32/1157_2.png) [@zuzu\_eeka](https://research.lido.fi/u/zuzu_eeka)\
**Post date:** [March 12, 2025, 10:12am UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/2 "2025-03-12T10:12:12Z")

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> [@lidoecosystem-ops](#):
>
> The Lido Ecosystem BORG Foundation would also absorb the reWards Share Committee and renew a [grant](https://research.lido.fi/t/rewards-share-program-2024/) to further help spread awareness about liquid staking technology and liquid staking tokens like stETH.

What particularly renewal of the grant mean? Does this mean to reset the amount already spent and start again with a budget pool of 3000 stETH until it is spent?

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**Author:** ![marcbcs](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/marcbcs/32/2659_2.png) [@marcbcs](https://research.lido.fi/u/marcbcs)\
**Post date:** [March 12, 2025, 12:02pm UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/3 "2025-03-12T12:02:46Z")

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Overall I’m supportive but I think we need to understand and communicate better the problems that stETH solves and why it is a great solution.

Only a subset of users care about Ethereum decentralization so I would not focus so much on that and instead focus more on things that actually matter to staking users (eg. Liquidity, fees, being able to use it as collateral, etc.) or protocols / staking providers (let’s ask them!)

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**Author:** ![lidoecosystem-ops](https://avatars.discourse-cdn.com/v4/letter/l/a88e57/32.png) [@lidoecosystem-ops](https://research.lido.fi/u/lidoecosystem-ops)\
**Post date:** [March 13, 2025, 8:51am UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/5 "2025-03-13T08:51:31Z")

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hi! the intention here was to say that the lido ecosystem foundation will absorb and continue using the currently approved budget for the rewards share committee. to clarify the existing approved budget has not lapsed and will not require a new budget.

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**Author:** ![BlockworksResearch](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/blockworksresearch/32/4777_2.png) [@BlockworksResearch](https://research.lido.fi/u/BlockworksResearch)\
**Post date:** [March 15, 2025, 4:55am UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/6 "2025-03-15T04:55:27Z")

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For the community we’ve posted a general overview of our thoughts located on the Labs BORG EGG request. We support both Ecosystem & Labs BORG EGG requests but would enjoy additional spending info.

For transparency [here](https://research.lido.fi/t/egg-lido-labs-borg-foundation-grant-funding-request/9708/4) is that post so you may follow the conversation!

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**Author:** ![governance-data-bot](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/governance-data-bot/32/2204_2.png) [@governance-data-bot](https://research.lido.fi/u/governance-data-bot)\
**Post date:** [March 17, 2025, 3:56pm UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/7 "2025-03-17T15:56:54Z")

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## Snapshot vote started

We’re starting the [[EGG] Lido Ecosystem BORG Foundation Grant Funding Request (Apr-Dec 2025)](https://snapshot.box/#/s:lido-snapshot.eth/proposal/0x90e2f9926e37867d2ef319a8ef7a0257bb5695086b64b88b43b43f00959a0047) Snapshot, active till Mon, 24 Mar 2025 16:00:00 GMT . Please don’t forget to cast your vote!

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**Author:** ![SEEDOrg](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/seedorg/32/4048_2.png) [@SEEDOrg](https://research.lido.fi/u/SEEDOrg)\
**Post date:** [March 18, 2025, 2:16pm UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/8 "2025-03-18T14:16:33Z")

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Hi there! We’ll be supporting this proposal but we have some questions regarding the **3.Build brand awareness of stETH and Lido protocol.**

> [@lidoecosystem-ops](#):
>
> Strategic presence at major industry events and conferences

What are events are conferences targeted for this quarter/year? Is there a tentative events calendar the team is considering?

> [@lidoecosystem-ops](#):
>
> - Lido brand perception among crypto users and institutional stakeholders
> - Media coverage quality and quantity

How is going to be implemented operationally? Curious to understand the marketing efforts, the initatives breakdown and how the impact will be measured on that end. Eventually it’d be interesting to shift to more standarized marketing metrics in order to leverage the media performance and effectiveness (ROI i.e)

Thanks!

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**Author:** ![Alex\_L](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/alex_l/32/994_2.png) [@Alex\_L](https://research.lido.fi/u/Alex_L)\
**Post date:** [March 25, 2025, 3:30pm UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/9 "2025-03-25T15:30:12Z")

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## Snapshot vote ended

Thank you all who participated in [[EGG] Lido Ecosystem BORG Foundation Grant Funding Request (Apr-Dec 2025)](https://snapshot.box/#/s:lido-snapshot.eth/proposal/0x90e2f9926e37867d2ef319a8ef7a0257bb5695086b64b88b43b43f00959a0047) Snapshot, we reached a quorum! 🙏  
The results are:  
**For** : 62.8M LDO  
**Against** : 24.6k LDO

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**Author:** ![lidolabs-operations](https://avatars.discourse-cdn.com/v4/letter/l/7cd45c/32.png) [@lidolabs-operations](https://research.lido.fi/u/lidolabs-operations)\
**Post date:** [March 17, 2026, 4:33pm UTC](https://research.lido.fi/t/egg-lido-ecosystem-borg-foundation-grant-funding-request/9706/10 "2026-03-17T16:33:55Z")

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We’ve now published the [GOOSE-2025 & EGGs-2025 Final Report](https://research.lido.fi/t/goose-2025-eggs-2025-final-report/11304).

Posting it here as the full-year 2025 reporting reference. The report covers the broader execution picture across the year, including key developments, progress against approved priorities, and a full financial overview with 2025 actuals.

Feedback is very welcome.
