Here we come with another report to the community. First of all, thanks to everyone for the continued support of the Community Lifeguards Initiative—we’re proud to say that this is no longer a pilot, and the proposal to establish the CLI as a sub-committee passed!
During Q2, we executed both selected communities for the CS Fleet pilot, supported SDVT operators in their journey, and primed the community for a successful launch of the Community Staking Module, which is now live on testnet.
Continue reading to see all that in more depth.
The Community Lifeguards Initiative sub-committee
After a successful pilot, we posted a proposal to the Lido DAO to establish the CLI as a sub-committee of LEGO, and we’re happy to say it passed—see it on Snapshot!
The scope of the CLI has not changed much at its core. Still, we have clarified the structure and commitment of the members, added a small budget for community staking grants (more on this later), operational expenses, and ways to measure our success in the long run using NPS.
You can read more about the proposal in this forum post: https://research.lido.fi/t/egg-establishing-the-community-lifeguards-initiative-cli-sub-committee/7527
Community
Our north-star metric for Q2 was the growth of Lido Community Stakers, measured by the number of people with the @community-staker role on Lido’s discord.
We are proud to share that this number has grown by 80% to 721 (up from 400 at the end of Q1’24), beating the initial target of 600 by 30%.
Activities
We launched 2 new activities to build momentum in the community, starting with bi-weekly roundtables where we sit down with the whole community in a very relaxed and open conversation. We have conducted two sessions on topics like SDVT, CSM, Preconfs, or stake-relevant EIPs on Pectra. We’re happy to say the attendance has been solid so far, with 20-30 participants highly engaged throughout the hour.
Another thing we did was our first-ever meme competition for the launch of the CSM; winners got tickets to the St.ETHCC church-themed party and a seat on Early Adoption for Mainnet! Here’s one of the winners :)
Community Staking Content (podcasts, blog posts, and more)
Community Staking Fleet
The Community Staking Fleet Pilot reports are out. Find out the work @Sam and @enti did on the ground and what are the next steps:
CSM Guide
In preparation for the Community Staking Module, @Sam did an amazing job putting together an in-depth guide to help home stakers be set for success when using the CSM, no matter if they’re just getting started or are seasoned operators. Lido CSM | ETH Home Staking Collection.
Satisfaction Survey
To better understand the value of our contributions and where we can improve, and as part of the measures of success for the Community Lifeguards, we conducted a satisfaction survey with 59 respondents. We subtracted the percentage of those who voted 5 (promoters) from the percentage of those who voted 1-3 (detractors), giving us a total Net Promoter Score (NPS).
These are the results:
- The majority of participants interacted with us in the Lido Discord Server, followed by IRL encounters and interactions in the forum.
- NPS for “How would you rate the quality of events (workshops, presentations, etc) from the Lido Community Lifeguards?” was 36.54%
- NPS for “How satisfied are you with the quality of interactions and support provided by the Lido Community Lifeguards?” was 69.49%
- NPS for “How likely are you to recommend the Lido Community Lifeguards as guides to someone interested in Ethereum staking?” was 66.10%
- Aggregated NPS for the survey is 57.38%, above our base target of >50%.
In the additional comments section, we received some wanting more community-building activities for SDVT testnet participants; this is part of the reason we started doing the community roundtables and plan to experiment with other activities in the future.
Support
Simple DVT
This quarter, we began contributing a good portion of our time supporting operators in the Simple DVT trials.
It's been a very exciting ride helping everyone get their nodes and clusters up and running to fulfil all their duties.
@enti joined a small cohort to test SafeStake out, and we’re both looking forward to the beginning of the upcoming SSV trial.
Community Staking Module
Although it just recently launched on testnet, we’ve been on the lookout for any questions or concerns regarding the Community Staking Module to help early testers succeed and to collect feedback for the team, if any.
Lido DAO Contributor Meetings and Discussions:
This is not something the community sees, but we spend a fair amount of time on calls, some regular syncs between ourselves or with Lido contributors and some impromptu others with relevant parties (we also shared some good memories at the offsite!). These meetings cover various topics, from CSM-related decision-making to presenting community ideas and initiatives.
As always, we do our best to give feedback from the POV of a solo/home staker.
Grants
Understanding the Community Staking Grants:
With the establishment of the CLI, we included a budget to support the community staking relevant grants. These grants, capped at $10,000, support the growing community of operators participating in the Lido protocol.
A Community Staking grant might be a good fit if any of the following apply to your project:
- Community Resources: You are building guides, tutorials, and other relevant community resources and would like to be supported.
- Community Event-related: sponsorship requests for community events focused on Lido and Ethereum staking.
- Integrations: You have a product or service used by independent operators and want to get a grant to support Lido Community Staking tech (e.g., integrating CSM or SimpleDVT) in your project. We understand these often exceed $10,000, but we are happy to facilitate the process with LEGO.
If you’re looking for support for your community staking idea or project, feel free to reach out to us.
Grants given in Q2:
Tané, a Web3 investment and research firm run by crypto-native product builders, received a $10,000 grant for community education in Japan.
As a thought leader in the Japanese Web3 community with strong engagement metrics across audio and written content formats as well as in-person events, Tané is well positioned to help develop Lido Community Stakers in Japan.
The deliverables for their grant include various podcast episodes and articles, a localised guide, and an in-person event in Tokyo during EDCON—You can read the complete grant here 
Lido Governance Tané - Lido community education in APAC.
We also awarded a small grant of $1,500 to ETH63 for a local meet-up in Cebu, Phillippines where @stakesaurus gave a presentation and demonstration on home staking using the newly launched CSM, while deepening Lido’s presence among Filipino Web3 communities such as GCrypto (GCash).
Updates from previous grants
SEEDLatam’s proposal is now fully completed! They worked on a detailed six-module syllabus to teach how to run nodes in Spanish and a training session for teachers and students at the National Technological University (UTN) in Buenos Aires, Argentina.
You can read their reports on this thread: Lido Governance SEEDNode - Lido.
Fees & Payment
For the contributions completed in Q2 2024, the CLs request that the CLI consider payment based on the individual performance of the Community Lifeguards to the Ethereum addresses:
@enti
0x06Fb051a46cC49D99Be778BDd6Dcd3519d3820db
@Stakesaurus
0xAC2bdb872655572f616879eB32E5fB81f336974c