Proposal: Lido Ecosystem Grants Organization (LEGO) — Framework Update 1 October 2025
Nansen Vote: FOR
Reasoning: This update reflects disciplined financial governance and a healthy control framework. By introducing realistic budget thresholds that trigger oversight when reached, it promotes accountability and data-driven evaluation of grant efficiency and strategic impact. The move toward simplified program structure and USD-pegged disbursements improves operational efficiency and aligns with sound treasury management standards. Overall, this is a clear step forward in maturing financial and operational governance. We voted FOR.
Proposal: Transfer TRP to Lido Labs Foundation and Amend TRP Terms
Nansen Vote: FOR
Reasoning: The revised TRP proposal strikes a balanced compromise between financial discipline and community fairness. It aligns incentives sustainably by recognising the trade-offs between near-term rewards and long-term stability, creating a framework that should be viewed positively by the market. Transferring TRP administration to the Lido Labs Foundation enhances governance clarity and flexibility, while maintaining accountability. We also echo the broader call for continued transparency and simplification, consistent with good practice elsewhere in the organisation. We voted FOR.