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7
CryptoFam
71
Projects
18136
BTC
$63053
-0.66%
ETH
$2552.77
-0.08%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap
2.326T
Fear&Greed
54

Lido Staked Ether

STETH
OG Rank: 43
Market Cap Rank: 8 ($24.88B)
ACTIVE
About

Lido is a decentralized staking platform for Ethereum, offering liquid ETH staking with no minimum deposit... Learn More

Category
Liquid Staking Tokens Decentralized Finance (DeFi)
Founder
Konstantin Lomashuk Vasiliy Shapovalov Jordan Fish
STETH Price

$2551.89

24h -0.07%
7d -8.69%
All time low ($482.9)
($4829.57) All time High

OG Score

Based on 2 OG evaluation

TBA

...

LINKS

Web Site
Explorer
Social

OGAudit Evaluation Points

56.93
72.45
Use Case & Tech

Use Case & Tech

Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is the product or service as useful, fast and inexpensive as advertised? How robust is this network/contract and are there up-to-date technical audit reports from various reputable auditors? Was the network/contract halted before? Have there been any serious hack or exploits? If so, were the victims adequately compensated?
65.10
Promising and Growing

Promising and Growing

How realistic are the team's vision, mission, and goals? Does the team have a clear roadmap and consistently fulfill their promises? Can the team adapt to market changes and meet user demands?
65.95
Revenue Model

Revenue Model

Does the project have sustainable and diversified revenue income models? Additionally, does it possess sufficient resources to sustain its operations in the medium to long term?
89.85
TVL & Liquidity

TVL & Liquidity

Is the TVL (Total Value Locked) or staked assets on the platform at a sufficient rate compared to the market cap? Note: High TVL or staked assets generally indicate trust in the ecosystem or the smart contract. If there is a token, is there sufficient liquidity and volume in DeFi and CEX?
92.50
Tokenomics, Utility

Tokenomics, Utility

What is the token circulation ratio to maximum supply? What is the impact of mining, staking, and LP incentives on token inflation? Is the vesting schedule evenly spread over multiple years? What is the ratio of tokens held by the team and whales? Note: High inflation, low circulating supply, and significant whale/team token holdings are main reasons for low ratings.
33.30
Community & DAO

Community & DAO

Does the team value and prioritize community input and use on-chain voting for decisions? Is decision-making equitable, or do the whales have undue influence? Are diverse and local communities well-supported, with emphasis on quality interactions over quantity? Has there been a large-scale airdrop for the community?
56.95
Team & Partners

Team & Partners

Are the core team members experienced and transparent, or are they anonymous? Is the team large enough and experienced compared to similar projects, and are they actively recruiting new talent? Are partnerships strong and conducive to industry advancement? Does the ecosystem have growth potential?
55.35
Education and Support

Education and Support

Are there sufficient, clear, and up-to-date materials about the product/service in the webpage/whitepaper and community channels? Do they regularly share news/updates and host AMA sessions? Is the user retention rate high, are they professional and solution-oriented in terms of user support?
55.25
Marketing / Socials

Marketing / Socials

Are social media and marketing strategies effective and sustainable? Do they organize entertaining, educational, and rewarding events and campaigns? Can they create and spread quality viral content? Is their social media presence organic, or the follower count, and post engagements are manipulated by bots?
9.95
Gem Scope

Gem Scope

Considering all the points you have evaluated, especially the market cap, what is the potential of this project to be considered a 'gem'?
56.93
72.45
Use Case & Tech

Use Case & Tech

Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is the product or service as useful, fast and inexpensive as advertised? How robust is this network/contract and are there up-to-date technical audit reports from various reputable auditors? Was the network/contract halted before? Have there been any serious hack or exploits? If so, were the victims adequately compensated?
65.10
Promising and Growing

Promising and Growing

How realistic are the team's vision, mission, and goals? Does the team have a clear roadmap and consistently fulfill their promises? Can the team adapt to market changes and meet user demands?
65.95
Revenue Model

Revenue Model

Does the project have sustainable and diversified revenue income models? Additionally, does it possess sufficient resources to sustain its operations in the medium to long term?
89.85
TVL & Liquidity

TVL & Liquidity

Is the TVL (Total Value Locked) or staked assets on the platform at a sufficient rate compared to the market cap? Note: High TVL or staked assets generally indicate trust in the ecosystem or the smart contract. If there is a token, is there sufficient liquidity and volume in DeFi and CEX?
92.50
Tokenomics, Utility

Tokenomics, Utility

What is the token circulation ratio to maximum supply? What is the impact of mining, staking, and LP incentives on token inflation? Is the vesting schedule evenly spread over multiple years? What is the ratio of tokens held by the team and whales? Note: High inflation, low circulating supply, and significant whale/team token holdings are main reasons for low ratings.
33.30
Community & DAO

Community & DAO

Does the team value and prioritize community input and use on-chain voting for decisions? Is decision-making equitable, or do the whales have undue influence? Are diverse and local communities well-supported, with emphasis on quality interactions over quantity? Has there been a large-scale airdrop for the community?
56.95
Team & Partners

Team & Partners

Are the core team members experienced and transparent, or are they anonymous? Is the team large enough and experienced compared to similar projects, and are they actively recruiting new talent? Are partnerships strong and conducive to industry advancement? Does the ecosystem have growth potential?
55.35
Education and Support

Education and Support

Are there sufficient, clear, and up-to-date materials about the product/service in the webpage/whitepaper and community channels? Do they regularly share news/updates and host AMA sessions? Is the user retention rate high, are they professional and solution-oriented in terms of user support?
55.25
Marketing / Socials

Marketing / Socials

Are social media and marketing strategies effective and sustainable? Do they organize entertaining, educational, and rewarding events and campaigns? Can they create and spread quality viral content? Is their social media presence organic, or the follower count, and post engagements are manipulated by bots?
9.95
Gem Scope

Gem Scope

Considering all the points you have evaluated, especially the market cap, what is the potential of this project to be considered a 'gem'?

OG REVIEWS

Latest OG Reviews
Critic Wallet No:xxxx-766d3
15/07/2024 18:54
STETH @ $3379.87
Lido $steth is making Ethereum even more centralized with narrow contracts and mostly AWS nodes with P̶O̶W̶ ̶to POS upgrade Ethereum Evolved into a Centralized network.
37.76
(1)
CryptoApe Wallet No:xxxx-5f294
09/05/2024 11:56
STETH @ $2983.53
The staked ETH product offered by Lido.fi has reached $28 billion in TVL(Total Value Locked). By simply holding $stETH, you can achieve approximately 3% additional returns compared to holding only $ETH. However, the risks associated with smart contracts and the slashing risks hould not be ignored. The Lido team claims to have conducted multiple technical audits. The contents of these reports can be seen on their github page: https://github.com/lidofinance/audits. Additionally, $stETH can be used in many different restaking protocols for extra yield(note: restaking is even riskier, DYOR!)
76.09
(1)
High Ratings
CryptoApe Wallet No:xxxx-5f294
09/05/2024 11:56
STETH @ $2983.53
The staked ETH product offered by Lido.fi has reached $28 billion in TVL(Total Value Locked). By simply holding $stETH, you can achieve approximately 3% additional returns compared to holding only $ETH. However, the risks associated with smart contracts and the slashing risks hould not be ignored. The Lido team claims to have conducted multiple technical audits. The contents of these reports can be seen on their github page: https://github.com/lidofinance/audits. Additionally, $stETH can be used in many different restaking protocols for extra yield(note: restaking is even riskier, DYOR!)
76.09
(1)
Low Ratings
Critic Wallet No:xxxx-766d3
15/07/2024 18:54
STETH @ $2983.53
Lido $steth is making Ethereum even more centralized with narrow contracts and mostly AWS nodes with P̶O̶W̶ ̶to POS upgrade Ethereum Evolved into a Centralized network.
37.76
(1)

Lido Staked Ether Price

Price Statistics

Lido Staked Ether Price $2551.89
24h Low / 24h High $2.52 K / $ 2.58 K
Market Cap Rank #8
Market Cap $ 24.88 B
Circulation Supply $ 9.75 M
Total Supply $ 9.75 M
Max Supply $ 0.00
All Time High $ 4829.57
All Time Low $ 482.9
ICO/IDO Price 0

Lido Staked Ether Markets

Exchange Pair Og Score TBA 24h Volume

About Project

What is Lido Staked Ether (STETH)?

Lido, launched in December 2020, has emerged as a pioneering liquid staking solution in the cryptocurrency space, particularly for Ethereum, while also extending its services to other networks like Polygon and Solana. The platform revolutionizes the traditional staking process by addressing major challenges such as illiquidity, immovability, and limited accessibility. Primarily built on Ethereum 2.0’s Beacon chain, Lido enables users to stake their ETH and receive staking rewards without locking Ether in smart contracts or managing staking infrastructure. This innovation is encapsulated in its stETH token, a liquid staking derivative that mirrors the value of staked ETH 1:1, thereby offering the flexibility to use it across various DeFi products just like ETH.

The key to Lido's functionality lies in its unique approach to staking. Users deposit ETH into smart contracts on the Lido platform, which are then staked on ETH 2.0 by node operators in batches of 32 ETH. The amount of stETH received is proportional to the staked ETH, with a 10% fee charged on accumulated staking rewards, supporting both node operators and the Lido Treasury. Governance of the platform is overseen by the Lido DAO (Decentralized Autonomous Organization), built on the Aragon framework. The DAO, guided by governance token (LDO) holders, plays a crucial role in decision-making processes like setting fees, selecting node operators, and directing the use of service fees for purposes like insurance, research, and protocol upgrades.

Lido stands out for its strategic implementation of decentralized governance and risk minimization. By allowing users to stake across multiple validators, the platform significantly reduces risks and potential malicious attacks. Additionally, stETH, representing staked ETH, provides enhanced liquidity compared to traditional staking. It can be traded, lent, or used as collateral in DeFi applications, offering a flexible and liquid investment option. Lido's approach not only simplifies participation in Ethereum's PoS consensus mechanism without minimum staking requirements but also maximizes staking rewards by leveraging a diverse set of validators, thereby presenting a compelling and innovative solution in the DeFi ecosystem.

What is unique about Lido Staked Ether (STETH)?

Lido Staked Ether (stETH) uniquely allows users to earn staking rewards on Ethereum tokens without active participation, maintaining liquidity and tradability on decentralized exchanges.

Who are the founders of Lido Staked Ether (STETH)?

Lido Staked Ether was founded in late 2020 by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish, known as Cobie online.

Who are the backers/investors of Lido Staked Ether (STETH)?

Lido Staked Ether has garnered support from Paradigm, a16z Crypto, Three Arrows Capital, Lido DAO and other investors and partners.

Where can I buy Lido Staked Ether (STETH)?

 

What are Lido Staked Ether (STETH) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Lido Staked Ether STETH. To access these ratings, evaluations, and comments, click here.

How to mine Lido Staked Ether (STETH)? How can I stake Lido Staked Ether (STETH)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Lido Staked Ether (STETH)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Lido Staked Ether (STETH) is ($9,750,516), max supply of Lido Staked Ether  STETH is ($0) and the market cap of Lido Staked Ether  STETH is ($24,882,329,414). 

What is the Lido Staked Ether (STETH) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Lido Staked Ether (STETH)?

The current market price of Lido Staked Ether (STETH) is $2,551. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Lido Staked Ether (STETH) a good investment?

It is important to do comprehensive research before deciding whether Lido Staked Ether (STETH) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Lido Staked Ether STETH) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Lido Staked Ether (STETH) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Lido Staked Ether (STETH) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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