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Liquid staking protocol Lido allocates $6 million to Ethereum development

Quick Take Lido has allocated two million of its LDO tokens to be given to the Protocol Guild. The Protocol Guild is a new public goods funding mechanism for Ethereum development. Lido Finance’s governance forum has passed a vote to support Ethereum protocol contributors via the Protocol Guild to the tune of about $6 million. The Protocol Guild is said to be a novel approach to the public goods funding concept that supports developmental activities, especially in the Layer 2 …