AIP-016: Akropolis to integrate Lido protocol

Read the proposal here: https://gov.akropolis.io/t/aip-016-akropolis-to-integrate-lido-protocol/614

This proposal is about integrating Lido to Akropolis platform. We cordially invite you to help breathe life into this proposal by casting your vote in favor within the DAO. Together, we can make Akropolis a place where every user finds opportunities for financial growth and achieves their goals.

The Appeal of Lido Lido Finance emerges as a stellar option for those seeking to profit with ETH in the crypto space. Beyond simply purchasing and holding ETH, you can stake any amount you desire and also utilize other derivative tokens.

Lido Finance serves: New crypto users looking for a straightforward platform to stake ETH. Avid crypto enthusiasts exploring the potential of staking as a service. Existing users wishing to flexibly transfer their staked ETH across various DeFi protocols.

Noteworthy Attributes of Lido:

• Streamlined Staking: Lido ensures effortless staking, enabling you to commit your assets freely without mandatory minimums.
• Enhanced Earnings: Unlock higher earnings by utilizing your tokens for lending, yield farming, and more.
• LDO Token: Engage with the Lido ecosystem by trading LDO across several exchanges, such as SushiSwap and Uniswap.
• Robust Security: With its smart contracts scrutinized by reputable firms like Quantstamp and Sigma Prime, Lido prioritizes platform security and reliability.
• Wallet Compatibility: While Lido does not have its wallet, it harmonizes well with prominent DeFi wallets like TrustWallet and MetaMask.

Additional Prospects The compatibility of Lido with protocols like Asymetrix indicates that its integration could potentially enhance the Acropolis interface, attracting a broader audience in subsequent iterations.

Scope of Work:

• Designing the integration - new pages and forms
• Implementation of the design on frontend
• Ensuring wallet and network connectivity
• Updating the governance page (layout)
• Facilitating network switching
• Protocol integration (connecting all things together)

Estimated Implementation Time: ~77 days Estimated Costs: ±30k USD

Let’s collectively sculpt Akropolis into a platform that is not only ours but is also the best version it can be. Your involvement, through voting and participation, is pivotal in evolving Akropolis into something better.