Lido DAO
DeFiDAOLiquid Staking Derivatives
Lido DAO is a decentralized autonomous organization (DAO) which provides staking infrastructure for multiple blockchain networks.Most notably, the platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange, which represent the user's staked ETH and staking rewards.Lido DAO is secured by a mix of decentralized governance, audited code and smart contracts. The Lido protocol runs on Ethereum with help from smart contracts that process user deposits and distribute staking rewards, among other functions. Several third-party security firms have audited Lido's smart contracts in order to identify and address potential vulnerabilities.The platform's native token is LDO - which also serves as the governance token for Lido DAO. Holders can participate in governance proposals and vote on key decisions such as board adjustments, new integrations and platform updates. LDO holders have the right to determine the development and operation of the platform.LDO also has economic value: users can stake it on the Lido platform to receive ETH rewards, as well as used to pay transaction fees on the platform.At the time of writing, Lido supports liquid staking for coins of five blockchains: Ethereum, Solana, Polygon, Polkadot, and Kusama.
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News
Lido DAO Revolutionizes Governance with Approved Dual Model
Lido DAO approves proposal to introduce dual governance model
Institutions are increasingly dumping this crypto; Time to sell?
Lido DAO Launches Urgent Vote After Critical Crypto Oracle Compromise
3 DeFi Coins That Could 100X as Ethereum Foundation Deploys 30,800 ETH
Whale Continues to Bet on Lido’s LDO Token Despite Losses
Altcoins Flashing Signs of Relief As Several Coins Gear Up for Mean Reversion, According to Crypto Analyst
Lido Goes Modular With Vault-Based 'V3' Upgrade
Lido Spikes 20% Following Kraken’s Staking Relaunch In Select US States – Details
Analyst Predicts ‘Violent’ Rallies for Ethereum-Based Altcoin, Says RWA-Focused Coin a Good Short-Term Play
Pepe Coin Whale Bets Big On Lido DAO; LDO Price Soars 18%
Top 4 Crypto Tokens To Buy As DeFi TVL Hits $130 Billion
Lido commences closing down Polygon PoS chain staking service
Crypto Giant Grayscale Rolls Out New Trusts for Lido DAO (LDO) and Optimism (OP)
Grayscale Optimism Trust Launched to Drive Ethereum Layer 2 Expansion
Just-In: Grayscale Launches Optimism and Lido DAO Trusts
Lawsuits could be catastrophic for DAOs if denied ‘limited liability’
Chun Wang Sells 600,000 LDO Amid Mounting Legal Pressure On Lido DAO
California Judge’s Crypto Ruling: DAO Members Could Face Liability Under Partnership Laws
US District Court dismisses Lido DAO’s claim of not being legal entity
