Lido DAO Receives Request for $1.5 Million Funding to Expand Solana Liquid Staking

A group known as the P2P team has requested $1.5 million in funding from the popular staking provider Lido DAO to further develop Lido’s staking service for the Solana (SOL) network. The request from the P2P team was published as a proposal on Lido DAO’s governance forum, with the team saying it needs $800,000 annually to cover development expenses, and as much as $600,000 annually for marketing. In total, $1.5 million is needed for the next 12 months, the team wrote.... Read More: Lido DAO Receives Request for $1.5 Million Funding to Expand Solana Liquid Staking