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.
Source: https://crypto.news/lido-dao-no-longer-all-about-liquid-staking-dao/
