The P2P has put forward a funding proposal to the Lido DAO community, requesting $1.5 million to continue offering liquid staking on the network.
a funding proposal to the Lido DAO community. The Lido contributor is requesting $1.5 million in funding to sustain and grow the project on the network and to avoid ceasing operations.
The P2P team is requesting a total of $1.5 million over the next 12 months. This includes a development retainer of $200,000 per quarter, an annual marketing budget of $600,000, and $100,000 annually for customer support. In return, P2P expects to capture more than 1% of Solana’s staking market share and further develop the product.
"We propose starting a sunset process if financial support from Lido DAO is unavailable, similar to Lido on Polkadot and Kusama," Mediakov wrote.P2P is an active participant in the Solana ecosystem, operating a validator on the network and supporting infrastructure for Solana-based projects.of Lido on Solana from Chorus One in March 2022, the team released an updated version of the smart contract and reworked the frontend user experience.
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