Lido DAO

Lido is a liquidity pool staking solution. Lido allows users to bet on the PoS public chain with compound returns while participating in on-chain activities (such as lending, trading), without requiring a minimum deposit or maintaining infrastructure. Currently it supports ETH2.0, Terra, Solana, and it may be extended to other POS public chains in the future.
Take Ethereum 2.0 as an example. For pledgers, they can pledge any amount of ETH to Lido&rsquo;s contract account, and Lido will distribute the corresponding amount of stETH (an ERC-20 token) to users. The balance of stETH will be updated at 24:00 UTC every day to ensure that stETH is consistent with the total amount of ETH on the Beacon Chain of Ethereum, so as to realize real-time acquisition of pledge income every day. Stakers can get 90% of the ETH pledge income on the beacon chain.
Every time 32 ETH is accumulated on the Ethereum smart contract, the DAO will select a new validator from the list of validators. Then call the deposit contract and allocate 32 ETH to the validator. There are currently 9 verification nodes, including P2P Validator, stakefish, blockscope, etc. They are selected by Lido DAO after verification, and are responsible for obtaining the ETH deposited by the pledger according to the pledge contract for every 32 deposits into ETH2.0 income. Validator nodes need to bear hardware costs and bandwidth costs, and they currently get 5% of the total revenue. The last 5% of the income is controlled by Lido DAO, which is currently all allocated to the insurance fund. The insurance fund is mainly used to make up the user's income and even the principal when the ETH2.0 verification is punished.
Since the balance of stETH changes every day, it is not conducive to the combination with some DeFi protocols, so Lido also launched wstETH, an encapsulated version of steh. After being encapsulated, the balance of wstETH will not change again, but the income during the encapsulation period is still Continue to accumulate and will be recalculated when unsealed back to stETH.
The full application of stETH in DeFi enables users to maintain the stability of ETH2.0 (and obtain income), while the ETH (actually stETH) pledged by users can still be used in various DeFi applications, which makes Lido truly provide "Liquidity staking solution": Users can participate in staking with almost no loss of liquidity. Due to the liquidity moat of stETH and the network effects associated with it, stETH's derivatives pledged on ETH will very likely "winner takes all". As such, stETH has the potential to replace ETH in many use cases, and possibly even completely. At present, stETH only needs to be integrated by Maker, Aave and Compound, the three most important lending products, and it is not much different from ETH. We predict that this process will happen at the latest when the transfer function of the beacon chain is enabled (ETH can be retrieved with stETH), and whether it can happen earlier depends mainly on the market's confidence in ETH2.0, the degree of participation, and the continuation of Lido effort.

Ethereum，BSC，Terra，Solana，Polygon，Arbi，Optimism

0x5a98fcbea516cf06857215779fd812ca3bef1b32

0x986854779804799C1d68867F5E03e601E781e41b

terra1jxypgnfa07j6w92wazzyskhreq2ey2a5crgt6z

HZRCwxP2Vq9PCpPXooayhJ2bxTpo5xfpQrwB1svh332p

0xC3C7d422809852031b44ab29EEC9F1EfF2A58756

0x13Ad51ed4F1B7e9Dc168d8a00cB3f4dDD85EfA60

0xfdb794692724153d1488ccdbe0c56c252596735f

Website

Explorer1

Explorer2

Explorer3

Explorer4

Explorer5

Explorer6

Explorer7

Whitepaper

Source Code

Telegram

reddit

blog

Twitter

medium

discord

Lido DAO (LDO) Intro

Media

Explorer

Ethereum

Bitcoin

Dogecoin

Litecoin

Ripple

Tether

Binance Coin

Solana

TRON

Ethereum Classic

https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvOTIwNzA4OWMtYjQyYy00OGY3LWExMDQtYWQ0YmNjOTJmMDY2LmpwZw==.jpg

LidoDAO says to no sending $14.5M in LDO tokens to Dragonfly Capital

https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvYTU4NDA2ODQtOWRhMC00MzA3LTlkNTYtZjVlYTgwOTYyOWM0LmpwZw==.jpg

Lido launches layer-2 Ethereum staking and LDO rewards

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-10/bbe28509-666a-4abe-94c2-380af1e45594.jpg

Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?

Important Event

项目简介

Binance

Coinbase Pro

Bitfinex

Kraken

Related Exchanges

Andreessen Horowitz

Multicoin Capital Portfolio

Alameda Research Portfolio

Investment Firm

Token Distribution

First Financing

total financing

Project动态

Project Introduction

Project Vision

Market Demand

Solution

Basic Info

Project Implementation Mechanism

Token Usage Scenarios

Mechanism

Characteristic

Technical Characteristics

Release Mechanism

Competitors

Points

Market Commentary

Competition

Project Risk

Values

Gist

Konstantin Lomashuk, the founder of P2P Validator, is a very early BTC investor who founded Satoshi Fund in 2015 focusing on blockchain investment.

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	LDO/USDT	1.1080	0.64%	$7,883,911.9	7.8643%	2024-10-18 08:55:11
2	Bitget	2	Bitget	LDO/USDT	1.1095	0.68%	$4,794,637.91	4.7827%	2024-10-18 08:53:33
3	OKX	3	OKX	LDO/USDT	1.1093	0.62%	$1,903,005.71	1.8983%	2024-10-18 08:55:17
4	Coinbase Pro	4	Coinbase Pro	LDO/USD	$1.05	0%	$808,684.31	0.8067%	2024-10-18 08:47:19
5	Gate.io	5	Gate.io	LDO/USDT	1.1094	0.7%	$758,189.69	0.7563%	2024-10-18 08:55:04
6	KuCoin	6	KuCoin	LDO/USDT	1.1099	0.6%	$327,539.64	0.3267%	2024-10-18 08:50:12
7	MEXC	7	MEXC	LDO/USDT	1.1080	0.54%	$295,857.73	0.2951%	2024-10-18 08:54:56
8	BingX	8	BingX	LDO/USDT	1.1080	0.64%	$212,392.19	0.2119%	2024-10-18 08:53:34
9	Kraken	9	Kraken	LDO/USD	$1.11	0.63%	$148,082.68	0.1477%	2024-10-18 08:39:26
10	Binance	10	Binance	LDO/BTC	0.00001633	-0.31%	$46,599.75	0.0465%	2024-10-18 08:55:11
11	Binance	11	Binance	LDO/FDUSD	1.1090	0.64%	$43,795.36	0.0437%	2024-10-18 08:51:17
12	Binance	12	Binance	LDO/TRY	38.0000	1.04%	$41,976.21	0.0419%	2024-10-18 08:52:37

	Volume(24H)	Trading Percent
OKX	OKX	$1,911,113.14	4.0349%	Visit
Binance	Binance	$8,049,077.26	16.9939%	Visit
Coinbase Pro	Coinbase Pro	$808,684.31	1.7074%	Visit
Bitfinex	Bitfinex	$15,887.02	0.0335%	Visit
Kraken	Kraken	$148,082.68	0.3126%	Visit
Gate.io	Gate.io	$761,881.59	1.6085%	Visit
KuCoin	KuCoin	$334,301.57	0.7058%	Visit
Crypto.com Exchange	Crypto.com Exchange	$74,025.14	0.1563%	Visit
Bitget	Bitget	$4,794,637.91	10.1228%	Visit
MEXC	MEXC	$295,857.73	0.6246%	Visit
BingX	BingX	$212,392.19	0.4484%	Visit

Market information

Price history

Information

Converter

Pairs

Trading platform transaction information

Trading Percent

More Attention