Lido Proposal: #0x93e5ae25e42308ba73f4010366e78e37eadbba16ed41c853f9f99c2006de64e4
[EGG] Establishing the Community Lifeguards Initiative (CLI) Sub-Committee
Approve Community Lifeguards: 100%
55,560,466 LDO
No action: 0%
0 LDO
Voting Period
-Proposer
0xDbBC6A93ae517D3ea568C04219cbBBd025f01CB6
Discussion
Go to DiscussionDescription
TLDR
- Consolidate the Community Lifeguards Initiative (CLI) as a sub-committee of LEGO and fund it.
- Foster community development by creating helpful content and resources, representing community stakers internally and at community activities, and identifying collaboration opportunities. Now, with a dedicated community grants fund.
- 197K DAI (or USDT / USDC hereinafter) requested every quarter (for Q3 and Q4 2024 included into [EGG] st2024 v2 grant proposal).
- Recurring grants disbursed by LEGO, with a retroactive payment for April and May 2024.
Basic Data
Field | Description |
---|---|
Proposal Name | Establishing the Community Lifeguards Initiative (CLI) Committee |
Which of the following GOOSE goals is your proposal advancing? | 2: Lido attracts the best validator set in the market |
Organization description | Enti and Stakesaurus. Community-oriented, seasoned Ethereum solo operators and current Community Lifeguards |
Proposed scope of work | Represent community operators among Lido contributors, engage and create valuable resources for them, identify collaboration and grant opportunities with community staking-oriented projects, and represent Lido in community activities |
Objectives | Significantly increase and diversify the operators participating in the Lido on Ethereum protocol while fostering a vibrant and inclusive community |
Quarterly Budget Request | 197K DAI |
Establishing the Community Lifeguards Initiative (CLI) Sub-Committee
We’re putting this proposal forward to the DAO to formalize and expand the Community Lifeguards Initiative as a LEGO sub-committee of community-oriented, seasoned Ethereum solo operators committed to developing the community of stakers in Lido on Ethereum.
Scope and responsibilities
- Design, propose, and execute community programs like the Community Staking Fleet to facilitate and empower the community.
- Identifying opportunities for CLI and LEGO grants (e.g., community staker meetups or tooling) and facilitating the grants process for such initiatives, from proposal to execution and grant completion.
- Identifying opportunities for collaboration with other Ethereum staking projects and fostering new initiatives within the community.
- Represent community operators among Lido contributors and collaborate with them on everything from marketing to product feedback and technical support during testnet trials—e.g., SimpleDVT, CSM.
- Participating in community events, webinars, and AMAs as Lido ecosystem and staker community members.
- Create relevant content and resources for community stakers.
To be able to accommodate changes and the needs of the community, we will keep the community updated on our spendings, goals and metrics in every quarterly report on the forum.
CLI Community Grants
To better support the growing community, we’re proposing the establishment of a Community Grants fund managed by the CLI.
The community grants fund will be disbursed in the following ways:
- Programs, such as RFPs or one-offs proposed by the CLI or in collaboration with LEGO, like the Community Staking Fleet or a more structured round-based grant process.
- Grants towards exemplary participation, value add, or small-scale community development projects in the scope of the initiative.
Budget
We are asking for a quarterly allocation of 197K DAI, broken up as follows:
Amount | Use of funds | Approver | Unspent budget |
---|---|---|---|
117K DAI per quarter | Rewarding for Community Lifeguards, based on time and quality of contribution (i.e. max of 39K DAI/contributor per quarter, where max would indicate exemplary performance) | Community Lifeguard Coordinator + Lido Community Staking Contributors (Note the amounts constitute a maximum) | Net every quarter |
60K DAI per quarter | For use as the CLI Community Grants fund as described above with up to 10K DAI per grant (Larger grants can be approved as per normal LEGO approval requirements) | CLGs + Lido CS Contributors. The process is described in the section above | Rolled out for 2 quarters. Then it’s zeroed out and starts again |
20K DAI per quarter | Fund for operational expenses for the Community Lifeguards. | Community Lifeguard Coordinator + Lido Community Staking Contributors | Net every quarter |
Vote and operations
To optimize for technical complexity LEGO will initiate Easy Track motions for subsequent transfer to CLI multisig. If this proposal is approved, the CLI will get recurring grants from LEGO with a retroactive payment for April and May.
Funds will then be sent to the CLI multisig at the beginning of every quarter, provided the committee fulfills its responsibilities. The address is 0x6faCCcE132d5C397068807Ca73883d3df198dFF4
.
This is a 3/5 multisig with the following signers:
Alex_L: 0x3786C091Ed68d5B58EFAE5193e54c043Bde3b8f6
Izzy: 0x783EA934d543CD1ccfd920639A7539a0BD3895e2
Dmitry: 0x992Ce4eEc8288274f60880c7770DdA265fCCe610
Aleksandra: 0x9795d01Aa9F4F80E95828049921B179fBA2Fe6b5
Enti: 0xfcfbafa0d5f5512C65DbB4C073fE4Ee6Dc3c4779
Should any significant changes to the structure and budget for the CLI be needed, a new proposal will be put forward to the DAO at least one month in advance. This contemplates budget extensions and the dismantling of the committee.