# LEGO Report: Q2 2023

**URL:** <https://research.lido.fi/t/lego-report-q2-2023/5018>\
**Category:** Community Grants / Initiatives\
**Created:** [July 17, 2023, 9:46am UTC](https://research.lido.fi/t/lego-report-q2-2023/5018 "2023-07-17T09:46:49Z")\
**Posts on this page:** 2\
**Page:** 1

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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:** [July 17, 2023, 9:46am UTC](https://research.lido.fi/t/lego-report-q2-2023/5018/1 "2023-07-17T09:46:49Z")

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Hey Lido community!

The 2nd quarter of 2023 has ended and we’re excited to share a report on LEGO’s achievements for this period.

The full LEGO Q2’23 report is available [here](https://lego.lido.fi/lego-q2-2023).

### What is LEGO - A Reminder

LEGO - Lido Ecosystem Grants Organisation - is an initiative by the Lido DAO to fund and support developments that benefit and grow the Lido ecosystem. It is intended as a quick and efficient process through which industry contributors can effortlessly get access to the funding and resources needed to build their ideas.

LEGO is intended as a catalyst for growth and innovation to maintain Lido as a leading and most useful liquid staking protocol in the whole space.

You can learn more about LEGO and apply for funding by visiting [Lido Ecosystem Grants Organisation - LEGO](https://lido.fi/lego).

### Quarter 2 Summary

The second quarter of 2023 was filled with incredible grants, encompassing:

- [ETH censorability monitor](https://research.lido.fi/t/rfp-ethereum-censorability-monitor/3330) grant;
- Finalising a [research to design a filtering mechanism to identify solo-stakers on-chain](https://research.lido.fi/t/a-proposal-for-partnering-with-rated-to-design-a-filtering-mechanism-to-identify-solo-stakers-on-chain/3863) by [Rated](https://www.rated.network/home);
- OpenBlock Labs [project](https://research.lido.fi/t/proposal-developing-an-objective-based-incentive-engine-and-systems-analytics-dashboard-for-growing-volume/4467/4) start to develop an objective-based incentive engine and systems analytics dashboard;
- And many more!

By the end of the quarter $242K were allocated to LEGO initiatives (totalling 48.3% of the quarterly budget.

Check out the full overview in [Q2’2023 report](https://lego.lido.fi/lego-q2-2023) and reports for other periods [here](https://lego.lido.fi/lego-quarterly-reporting).

### What’s Next: Q3 2023

- The LEGO budget will remain at $500,000 equivalent. Budget will consist of 40% LDO and 60% DAI token split;
- Individual allowances to be recalculated each quarter: USD equivalent using 30d TWAP is calculated for 15k and 10k LDO (council and nominees respectively), if the wallet of LEGO member has higher or equal balance than calculated allowance - it doesn’t get a refill;
- [Lido Community Lifeguards](https://research.lido.fi/t/lido-community-lifeguards-initiative/4678) initiative to be launched during Q3 2023 ([approved](https://snapshot.org/#/lido-snapshot.eth/proposal/0xf36f00fb44644a24fb75889b5f92496b7f36eef70185bcff5b7ecfa2a781db6f) by Lido DAO in Q2 2023);
- [Launchnodes - Impact Staking](https://research.lido.fi/t/launchnodes-impact-staking-with-lido-grant-proposal/3732/8) proposal was voted for on the [Snapshot](https://snapshot.org/#/lido-snapshot.eth/proposal/0x2a990d0266910e14c21360e3902c64f2a68971b1a51aaaeb94978e1513effcfd) and to be launched in Q3 2023.

Refill amount and individual allowances for Q3 2023 are as follows (using 30d TWAP for LDO as of July 16th 2023 = 1.9793):

 ![](https://europe1.discourse-cdn.com/flex013/uploads/lido/original/2X/b/ba15cef0feb4556c2387e9acfcec2708a738ddea.png)

For more information on proposals shared with LEGO, visit[research.lido.fi](http://research.lido.fi).

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<div class="post-metadata">

**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:** [July 31, 2023, 4:33pm UTC](https://research.lido.fi/t/lego-report-q2-2023/5018/2 "2023-07-31T16:33:46Z")

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Motions to get quarterly refill started - [#448](https://easytrack.lido.fi/motions/448) and [#449](https://easytrack.lido.fi/motions/449).