Lido DAO (LDO) offers liquid staking solutions and decentralized governance for multiple blockchain networks. More
| Fully Diluted Valuation | $1.18B |
|---|---|
| 24H Trading Volume | $85.46M |
| 24H Low / High | $1.13 / $ 1.19 |
| Circulating Supply | 895.77M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Categories | Paradigm Portfolio 20 more |
|---|---|
| Founder | Konstantin Lomashuk 2 more |
| Website | stake.lido.fi Whitepaper |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Dex 8 more |
| Contracts |
0x5a9....f1b32
3 more
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| Name | Pair | OG Score |
|---|
Lido DAO: Pioneering Liquid Staking for DeFi Enthusiasts
In the dynamic landscape of decentralized finance (DeFi), Lido DAO stands out as a beacon of innovation, offering a seamless and flexible approach to staking cryptocurrencies. Founded in 2020 by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish, Lido DAO has quickly gained recognition for its pioneering liquid staking protocol.
Revolutionizing Staking with Liquid Staking Model
At the heart of Lido DAO lies its governance token, LDO, which empowers users to actively participate in shaping the future of the platform. Through decentralized governance, LDO holders wield influence over critical decisions, such as protocol upgrades and fee adjustments, ensuring the platform remains efficient and responsive to the needs of its community.
Seamless Integration and Accessibility
One of Lido DAO's defining features is its liquid staking model, which revolutionizes traditional staking methods by allowing users to stake their assets without locking them up. This innovation not only makes staking more accessible but also preserves the liquidity of users' assets, enabling them to participate in other on-chain activities while earning staking rewards.
Flexible Rewards and Transparent Updates
Upon staking their Ethereum (ETH) holdings with Lido DAO, users receive stETH tokens at a 1:1 ratio. These tokens represent their staked ETH and can be seamlessly traded or used within the Ethereum ecosystem. Moreover, Lido DAO provides daily updates on staking rewards, ensuring transparency and enabling users to make informed decisions about their assets.
Expanding Reach and Network Compatibility
Since its inception, Lido DAO has expanded its reach beyond Ethereum, supporting additional blockchain networks such as Solana, Polygon, Polkadot, and Kusama. This extensive network compatibility enhances flexibility and diversification for users, further solidifying Lido DAO's position as a leading liquid staking solution.
Robust Security and Community Support
The success of Lido DAO is underscored by its robust security measures and the involvement of reputable validators within its ecosystem. Supported by a diverse community of users, developers, and investors, including notable entities like Semantic VC, ParaFi Capital, and Coinbase Ventures, Lido DAO continues to thrive and evolve.
Innovating with Lido V2
With the recent release of Lido V2, the platform reaffirms its commitment to innovation and efficiency. Lido V2 introduces enhancements such as the "Liquid Staking" model, offering users a more versatile and liquid form of staked ETH. As Lido DAO continues to push the boundaries of DeFi, it remains a steadfast ally for cryptocurrency enthusiasts seeking accessible and rewarding staking solutions.
Lido DAO stands out for its liquid staking model, allowing users to stake Ethereum without locking up their assets, while also offering governance through its LDO token.
Lido DAO was founded by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish in 2020.
Lido DAO has garnered support from a range of backers and investors, including Semantic VC, ParaFi Capital, Coinbase Ventures, and more.
You can buy Lido DAO (LDO) on Binance, BitgetMEXCBybitGate.io cryptocurrency exchanges.
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