Thanks for raising the point about development spending — it’s absolutely essential. Fortunately, we can now reference real estimates to assess feasibility.
Based on public reports and on-chain dashboards:
- Estimated protocol revenue: ~$102M/year
- Q1 2025 spending (dev, audits, ops, etc): ~$56.6M
→ Annualized: ~$226M - Estimated net income (conservative)**: ~$51.6M/year
Here’s a simplified chart showing the financial snapshot:
Lido Protocol – 2025 Estimates
- Protocol Revenue: $102M
- Development & Operations (Annualized): $226.4M
- Estimated Net Income: $51.6M

Insight: Even with strong development investment, there remains meaningful net income that could be used for:
- Staking rewards
- Buybacks
- Treasury growth
And all this without jeopardizing core operations.
Enabling a small (e.g. 5–10) revenue share would not break the budget — it would simply help retain token holders and better align incentives.
Let’s continue analyzing and designing something sustainable.