Jakov Buratović is known for his contributions to the decentralized finance (DeFi) space, particularly through his involvement with Lido DAO. He holds the title of Master of DeFi and serves as a Lido DAO Contributor, focusing on the protocol's mechanics, governance, and future development. ^[1]

Overview

Jakov Buratović is a figure involved in the decentralized finance ecosystem, specifically associated with the Lido protocol. His role as a Lido DAO Contributor involves providing insights into the protocol's operations, including its liquid staking mechanisms, reward distribution, and governance structure. He has participated in events such as Hack Seasons Dubai, where he discussed the technical and operational aspects of Lido. ^[1]

His work touches upon the core functionalities of liquid staking, explaining how users can deposit assets like ETH to receive a liquid token representation, such as staked ETH (stETH). This process allows users to earn staking rewards while maintaining liquidity and composability within the broader DeFi ecosystem. Buratović has also addressed the protocol's approach to security, risk mitigation, and the ongoing efforts towards decentralization through initiatives like the Staking Router and nodes operator. ^[1]

Experience

Lido Finance

• Master of DeFi (July 2023 – Present)
• Head of Lido on Polygon (October 2021 – July 2023)

Shard Labs

• Chief Innovation Officer (November 2021 – July 2023)
• Chief Technology Officer (March 2021 – November 2021)
• Software Engineer (December 2019 – March 2021) – based in Croatia

NEAR Balkans

• Head of Innovation (March 2022 – December 2022)

Ethereum Foundation

• Blockchain Developer (March 2020 – October 2021) ^[2]

Education

FER (Faculty of Electrical Engineering and Computing, University of Zagreb)

• Master’s Degree in Computer Software Engineering (2020 – February 2024)
• Bachelor’s Degree in Computer Engineering (2016 – 2020)

University of Coimbra

• Master’s coursework in Computer Software Engineering (2021)

VII. gimnazija, Zagreb

• High School Diploma in General Studies (2012 – 2016) ^[2]

Role at Lido DAO

Jakov Buratović serves as a Lido DAO Contributor and is referred to as a Master of DeFi. His responsibilities include discussing and providing insights into the Lido protocol's mechanics, governance, and strategic direction. He represents the DAO at industry events, explaining the protocol's features and upcoming developments. ^[1]

Future Developments

Upcoming developments for Lido include network expansion to the BNB Chain ^[1]. This expansion involves a two-phase process for bringing wstETH to BNB ^[1]. The first phase involved a vote to select a team to build the necessary bridge, with Wormhole and Axelar being chosen ^[1]. The second phase will involve the DAO formally accepting wstETH on BNB following the deployment of the bridge ^[1].