Rationalizing Liquidity Observation Lab & Rewards Share Committee: Growth Committee

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Background

Lido DAO have approved that Lido Ecosystem Foundation (the “Foundation”) oversees and legally “wraps” Liquidity Observation Lab (”LOL”) and Rewards Share Committee.

LOL is responsible for managing the distribution of liquidity incentives (forum post) and the Rewards Share Committee is responsible for administering the Rewards Share Program (forum post).

Introduction of the Growth Committee

For operational efficiency and given the overlap in shared objectives, the Foundation has decided to combine LOL and Rewards Share Committee into a single committee called the “Growth Committee”. The goals and activities of the Growth Committee will remain the same as before, only combined.

The Growth Committee members shall be as follows:

@adcv, @EvgeniyEmelyanov, @K_G, @Mcnut, @smiles, @DeFiYaco, @Marin, @Izzy, @Kadmil, @mikgur

Multisig and Easy Track Setups Continuity The existing multisigs used by the Liquidity Observation Lab and the Rewards Share Committee will remain unchanged, as will the existing validated budgets granted by the DAO.

The budget of the Growth Committee will be the same as the existing budgets of the Liquidity Observation Lab and the Rewards Share Committee, as summarised in the [EGG] Lido Ecosystem BORG Foundation Grant Funding Request:

Liquidity Observation Lab

Liquidity Observation Lab continues its existing grant ($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.

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Rewards Share Committee

Rewards-Share Committee continues an existing grant (3000 stETH until exhausted or the program stopped) to further help spread awareness about liquid staking technology and liquid staking tokens like stETH.

Existing Easy Track setups relating to LOL and the Rewards Share Committee do not currently require any updates and will continue to function as before.

References

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