# Lido approves broader purposes for Lido Alliance BORG

> Governance authorized the DAO-adjacent entity’s directors, subject to GOOSE-3 approval, to expand the entity beyond administration of the Lido Alliance Program into product and revenue-diversification initiatives.

- URL: https://riadefi.com/on-chain/2025-12-19-lido-alliance-borg-goose-3-bylaws-approval/
- Type: Governance
- Stage: Approved, not executed
- Evidence: confirmed
- Materiality: watch
- Event date: 2025-12-19
- Version: 1, published 2026-08-22 (first published 2026-08-22)
- Follow-up: 2026-08-27
- Advisor-relevant: no
- Affects: Lido (protocol)

## What happened

LDO holders approved a conditional amendment broadening Lido Alliance BORG’s purposes so it could house and operate products and initiatives contemplated by GOOSE-3.

## What changed

Governance authorized the DAO-adjacent entity’s directors, subject to GOOSE-3 approval, to expand the entity beyond administration of the Lido Alliance Program into product and revenue-diversification initiatives.

## What did not change

The record does not establish that the directors adopted the amendment, that any GOOSE-3 product launched, or that Lido’s staking, withdrawal, oracle, custody, upgrade, or loss-allocation mechanics changed.

## Confirmed

- The Snapshot vote closed on 2025-12-19 with approximately 56.73 million LDO For and zero Against.
- The approved text broadens the entity’s purposes to include initiatives and products intended to expand Lido DAO revenue and its product portfolio.
- Implementation remained conditional on GOOSE-3 approval and a later board resolution by Lido Alliance BORG’s directors.

## Still open

- Whether GOOSE-3 received every required approval.
- Whether the directors subsequently adopted the amended bylaws.
- Which products or activities, if any, were later placed inside Lido Alliance BORG.

## What it means for an advisor

- Monitor the expanded DAO-adjacent organizational perimeter when assessing governance, accountability, and dependencies of future Lido-branded products.
- Do not treat the approval as evidence that a new product was live, safe, or covered by the existing stETH approval.

## Sources

1. [Lido Alliance BORG – Amendment of Bylaws to Enable GOOSE-3 Execution](https://snapshot.org/#/lido-snapshot.eth/proposal/0x5e087c8d53509dd9b55441f9ee6180da21ee5cf8fe68fab9d852b75b35a44a18) · Lido DAO governance via Snapshot · 2025-12-11


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.