# Wisp ownership & governance

**URL:** <https://research.lido.fi/t/wisp-ownership-governance/11733>\
**Category:** General\
**Created:** [July 9, 2026, 11:24am UTC](https://research.lido.fi/t/wisp-ownership-governance/11733 "2026-07-09T11:24:05Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![BCV](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/bcv/32/6908_2.png) [@BCV](https://research.lido.fi/u/BCV)\
**Post date:** [July 30, 2026, 10:36am UTC](https://research.lido.fi/t/wisp-ownership-governance/11733/3 "2026-07-30T10:36:15Z")

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I want to add a broader fiscal point.

Wisp may become an excellent product, and I understand the argument that small experiments can create new revenue sources. **But as currently presented, Wisp is not clearly connected to the Lido protocol, Ethereum staking, or even the broader Ethereum ecosystem.**

Calling this “vertical expansion” therefore stretches the term considerably. It looks closer to unrelated business diversification.

**Lido’s latest annual spending remained above $40m** , although the latest quarterly report showed encouraging improvement. **In an organization with this cost base, expanding the funding mandate into unrelated experimental businesses creates a real risk of strategic and financial sprawl.**

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