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Lido DAO proposes $60m budget to expand beyond liquid staking

Anthony Patrick
Edited by
News
Lido DAO proposes $60m budget to expand beyond liquid staking - 1

Lido DAO, the decentralized organization operating the largest liquid staking protocol in decentralized finance, has outlined plans to expand beyond its core Ethereum staking business in 2026, according to a proposal published by the organization.

Summary
  • Lido DAO has proposed a $60 million budget for 2026 to diversify beyond its Ethereum liquid staking focus.
  • The plan aims to position Lido as a multi-product organization, expanding its offerings to create new revenue streams and enhance protocol resilience.
  • The proposal, titled “2026 Ecosystem Grant Request (EGG): Executing GOOSE-3,” requires approval from Lido DAO token holders.

The proposal, titled “2026 Ecosystem Grant Request (EGG): Executing GOOSE-3,” details a $60 million budget allocated for development of new products as the protocol seeks to diversify beyond its single-product focus on staking, the document stated.

The plan calls for the development of new earning products and vault structures designed for various user types, including on-chain treasuries and regulated entities, according to the proposal.

“The proposed focus for the Foundations in 2026 shifts towards evolving Lido’s position from a single-product protocol focused on liquid staking to an innovative organization with a product portfolio by expanding the product offering, creating new revenue streams and ensuring long-term protocol resilience,” the proposal stated.

Liquid staking protocols allow users to maintain liquidity of staked cryptocurrency assets while simultaneously earning staking rewards, a feature that has driven adoption in the decentralized finance sector.

The proposal requires approval from Lido DAO token holders before implementation can proceed.