Lido DAO (CRYPTO: LDO)
Lido DAO Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
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Lido DAO Company Info
Lido DAO is an innovative decentralized autonomous organization that manages liquid staking on Ethereum 2.0. Its native asset, the LDO token, serves as the governance token, empowering holders to vote on key protocol parameters. The voting weight is proportional to the amount of LDO held, democratizing decision-making. Users stake ETH and receive stETH, a token that mirrors staked ETH while remaining liquid and earning staking rewards. Co-founded by Jordan Fish and Konstantin Lomashuk, Lido DAO balances centralization and decentralization, using an efficient mechanism, Easy Track, for routine governance. It reinvests service fees into research, development, liquidity mining incentives, and upgrades, fostering sustainable growth and flexibility.
News & Analysis
Already Up 150%, Can This Crypto Continue to Outperform Ethereum This Year?
Lido DAO has been soaring this year, thanks to the surge in popularity around staking on the Ethereum blockchain.
My Best Cryptocurrency to Buy Right Now
Lido DAO is an under-appreciated but essential piece of the crypto puzzle.
Ahead of the Big Shanghai Upgrade, Lido DAO Is Surging
Anticipation around this massive upgrade is sending LDO soaring again today.
Why Lido DAO, Ethereum Classic, and Solana Popped on Wednesday
Cryptocurrencies are jumping on some potentially positive long-term news.
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