Building trust in onchain capital markets.

New York, NY
Joined April 2018
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Bottom line: Lido's leading the charge on transparency. If you're a mature project, file your B2 today here: console.blockworks.com/sign-… You can view Lido's full B2 Filing at blockworks.com/token-transpa…
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Supply snapshot: 1B LDO minted. - DAO Treasury: 36.32% - Early Backers: 22.18% - Initial Developers: 20% - Founders & Contributors: 15% - Validators & Signature Holders: 6.5% Allocations finished vesting in Dec 2022. ~121.5M LDO sit in the treasury as of Oct 21st, 2026
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Lido also filed the optional income statement. H1 2026, DAO + foundations: - Net revenue: $15.94M - Foundation expenses: $14.33M - Operating result: +$1.61M - One-off Earn charge: $6.06M - Total result: -$4.45M See more here: lido.fi/ldo-hub/reports/h1-2…
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LDO is a governance token with no claim on fees or rewards. Value routes to the DAO treasury: - DAO share of the 10% staking fee - NEST buyback: up to $10M/yr of staking revenue - LDO Accumulation Program: up to 10,000 stETH Bought LDO stays in the treasury. None is burned.
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LDO holders govern Lido through Aragon onchain votes. There is no DevCo. Three Cayman foundations run on DAO grants. None can mint LDO, direct the treasury, or change parameters. LDO holders appoint and remove their directors. stETH holders can delay DAO decisions.
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@LidoFinance runs four products: - Lido Core: liquid staking - stVaults: custom staking setups for institutions, with stETH liquidity - Lido Earn: reward strategies for DeFi users - Wisp AI: private AI H1 2026: $275M in gross staking rewards, $247.5M of it paid to stETH holders.
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Lido lets anyone stake ETH and keep it liquid. Deposit ETH, get stETH, earn staking rewards, and use stETH across DeFi and CeFi. Lido just filed a B2 Token Transparency Filing with 7 gaps remaining. $LDO live since January 2021.
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Batch ten of Blockworks compiled filings is live. B-1s are now available for: - AAVE - ADA - FLR - HTX - LPT - STRK - DRIFT - XDC
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Bottom line: Ekubo's leading the charge on transparency. If you're a mature project, file your B2 today at console.blockworks.com/discl… You can view Ekubo's full B2 Filing at blockworks.com/token-transpa…
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Supply snapshot: - Fixed supply: 10M EKUBO, no inflation - Team (Ekubo, Inc.): 33.3% - LP airdrop: 33.3% - DAO public sale + liquidity: 33.3% No vesting on any bucket. Public sale ran via TWAMM orders. No private rounds or OTC sales.
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Entity structure: Ekubo, Inc. (Delaware) is the only company. No foundation exists. Ekubo, Inc. holds the codebase copyright. The DAO is beneficiary of the EVM license: third-party licensees owe it 50% of defined protocol revenue.
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Value accrual runs through buybacks. - Starknet: fixed 20% protocol share on collected LP fees - Original Ethereum Positions: 10% swap-fee share Both route to EKUBO buyback contracts. Bought-back tokens return to the DAO and are not burned. Staking pays no automatic rewards.
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