TechFlow reports that a proposal from the Mantle community calls for allocating 40,000 ETH (approximately $72 million) from the BitDAO treasury to Lido stETH. The allocated stETH would then be used to bootstrap DEX liquidity and integrations across Mantle, establishing a first-of-its-kind 12-month revenue-sharing agreement between BitDAO and Lido DAO.
Additionally, it is proposed to include Mantle in Lido's bridging program to enable seamless stETH bridging to Mantle, as well as collaboratively develop a gasless bridge for Mantle users powered by stETH.
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