Lido lays off 15% of its staff due to cost pressures

2025.08.04 11:32:28

On August 4th, the co-founder of Lido, Vasiliy Shapovalov, announced in a post that, considering cost factors, Lido Labs, the Lido Ecosystem, and the Lido Alliance have made the tough decision to reduce their workforce by approximately 15%. This adjustment was not a result of performance problems. The affected individuals were all key members who had been actively involved in protocol and community development. Shapovalov stated that although the market is currently in an upward trend, this decision reflects a commitment to long-term resilience and sustainable growth. It is intended to focus on operational priorities, optimize resource allocation, and be in line with the interests of LDO token holders.

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