(Proposed by LEGO Council)
With Lido V2, the newly rolled out Staking Router will allow for dramatically increased community participation in the Lido protocol as part of the node operator set. New stakers from the Community (node operators) will benefit from contributors lending a helping hand in understanding how to interact with these modules. This initiative will require coordination and an active public presence to communicate and engage with the Ethereum staking community. In order to further the goal of a more open, diverse and, permissionless operator set, this proposal outlines a pilot “Community Lifeguards Initiative” (CLI) which would identify and reward community participants who would bring together existing DAO contributors, community stakers, and the wider Ethereum staking community.
This proposal is for the Lido DAO to fund the Community Lifeguards Initiative Pilot as described below. The full proposed (maximum) funding amounts are described in detail, as are the suggested structures for LEGO collaboration with the CLI.
Community Lifeguards will actively engage with new individual community stakers, work to create knowledge bases and educational content, help organize community initiatives, represent community operators in Lido DAO discussions and working groups, and provide information during Lido Node Operator community calls. Additionally, they will work together with community participants, other LEGO grant recipients, and third parties to shepherd and facilitate the exploration and usage of community tooling, including but not limited to, initiatives such as:
The Community Lifeguards Initiative pilot is proposed to commence within Q2/23 and last until Q4/23, at which point LEGO and the Lido DAO should consider whether this initiative is worth continuing, expanding, or sunsetting. Within the pilot period, the initially identified Community Lifeguard(s) should effectively support the growth and success of community staker participation through the initial V2 rollout and new module implementation. After that period, it may make sense for the initiative to expand into a committee or workstream of its own to allow for more robustness of execution.
For the pilot program, a maximum of the below funds should be set aside; if additional amounts are required, they should be requested and approved via a new vote (either LEGO or DAO, depending on the size). Based on the delivery of additional staking router modules that enable community operator entry, it may be reasonable to scale up the amounts below in Q3 and Q4 of 2023, and potentially further in 2024.
The funds will be administered by LEGO plus the above-mentioned LEGO-vetted Community Lifeguard Coordinator (where relevant, see below). Roughly, these funds could be utilized in the following manner:
| Amount | Use of funds | Approver |
|---|---|---|
| Total Funding Requested: 230K LDO, 50K DAI | See below | See below |
| up to 120K LDO (40K LDO per quarter) | Compensation for Community Lifeguards, based on time and quality of contribution (i.e. approximate max of 13.3K LDO/FTE per quarter at 3 FTEs, where max would indicate exemplary performance) | LEGO (Note, this is not necessarily all to be spent on compensation, but constitutes a maximum) |
| up to 60K LDO (20K LDO per quarter) | Up to 3K LDO per use as grants towards exemplary participation, value add, or small-scale initiatives in the scope of the initiative (Larger grants can be approved as per normal LEGO approval requirements) | LEGO (>= 2 council members) + Community Lifeguard Coordinator |
| up to 50K LDO and 50K DAI (In aggregate for Q2-Q4) | Taking over the currently directly LEGO-funded solo stakers’ related initiatives (e.g. Stereum grants and Metrika support) | Community Lifeguard Coordinator + 1x LEGO Council Member (Must be continuation of previous / existing grants or LEGO grant recipients, otherwise can follow normal LEGO approval) |
This proposal will be suggested for approval by the Lido DAO via Snapshot vote. If accepted - 230K LDO and 50K DAI to be transferred via Easy Track motion to LEGO committee multisig.
Additional 2 / 3 multisig (signers to be 2 LEGO council members and 1 Community Lifeguard Coordinator) to be set up which will receive expected monthly grants limited as per above table. In the future (if the pilot considered successful and the initiative continue is approved by the Lido DAO) it may be extended with other participants to accommodate a greater amounts according to Lido DAO ops multisigs policy.
The multisig address and participants to be provided in replies to this proposal upon settling.
The goal of the Community Lifeguards initiative is to significantly increase and diversify the operators participating in the Lido on Ethereum protocol while fostering a vibrant and inclusive community.
The Community Lifeguards Initiative envisions a collaborative and supportive environment where all stakeholders can actively engage in the Lido ecosystem. It aims to create a strong sense of community that encourages participation, facilitates knowledge sharing, and fosters innovation within the Ethereum staking community.
The success of the initiative can be gauged using the following metrics:
By monitoring these metrics, LEGO and the Lido DAO will be able to determine the success of the pilot and decide whether to continue, expand, or sunset the Community Lifeguards Initiative after the pilot period. This data-driven approach will ensure that resources are allocated effectively and that the initiative delivers tangible benefits to the Lido ecosystem and the broader Ethereum staking community.
As Lido V2 introduces the infrastructure for new modules and expands its offering to the Ethereum staking community and solo stakers, having a dedicated Community Lifeguards will be crucial for fostering engagement and ensuring effective communication with community stakeholders.
If you are interested in applying, please contact LEGO. Applications should all be public on the research.lido.fi forums.