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Saved February 14, 2026
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Lido DAO is proposing a $60 million plan to diversify its offerings beyond ETH staking. The 2026 Ecosystem Grant aims to develop new earning products and vault structures, targeting various users including on-chain treasuries and regulated entities. Voting on the proposal is currently ongoing, with strong initial support.
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Lido DAO, which operates the largest liquid staking protocol in decentralized finance (DeFi), is planning to expand its offerings beyond ETH staking with a $60 million budget for new products in 2026. The initiative, called โ2026 Ecosystem Grant gRequest (EGG): Executing GOOSE-3,โ aims to diversify Lido's revenue streams and enhance its product portfolio. The proposal outlines plans to create new earn products and vault structures tailored for various users, including on-chain treasuries and regulated entities.
The vote on this proposal is currently open until December 19, and it has already achieved quorum with unanimous support so far. Lido dominates the Ethereum staking market, controlling about 24% of all staked ETH, which amounts to over 8.6 million ETH worth approximately $24.5 billion. Binance and Coinbase follow with significantly lower staked amounts. Lido also ranks as the second-largest protocol in DeFi by total value locked, currently sitting at $25.7 billion, trailing only Aave. While the majority of its total value locked is on Ethereum, Lido also supports transactions on multiple other blockchains.
The proposal hints at potential future products related to stablecoins and other asset classes, though specifics are limited. This shift indicates Lido's ambition to evolve from its current single-product focus and adapt to the changing landscape of DeFi, aiming for long-term resilience and growth.
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