Lido Labs Abandons Community Lifeguards Model in Bids for Efficiency

CLI transitions from contributor-driven to grant-focused sub-committee. Total quarterly budget drops from $197,000 to $50,000, focused on community grants, excluding compensation and operational expenses. The Community Lifeguard roles are removed, but contributors within Lido Labs Foundation take over responsibilities. A lightweight grants path supports small initiatives like a $500 local workshop or community activations with economic support.