Lido DAO
Symbol: ldo
Last update: April 29, 2024, 8:31 pm CEST
Current Price (USD):
2,06 $
Price (BTC):
0,00005309 BTC
Lido DAO offers liquid staking for Ethereum, Solana, and Polygon blockchain networks. You can stake Ether with Lido and receive daily rewards while maintaining control of your staked tokens. Lido enables users to mint transferable utility tokens, which receive rewards linked to the related validation activities of writing data to the blockchain. The Lido protocols batch user tokens to stake with validators and route the staking packages to network staking contracts across many validators, minimizing your staking risk. However, there is an inherent risk that Lido could contain a smart contract vulnerability or bug, which is mitigated by open-sourced code, audits, and a massive bug bounty program.
: 2 170 660 000 $
Market Data
Rank: 58
24h Volume: 105 378 000 $
Market Cap: 1 839 060 000 $
Total Supply: 1 000 000 000
Circ. Supply: 0
Last update: 2024-04-29 20:31:46
Price Change (1h):
1.31971 %
Price Change (24h):
-4.18944 %
Price Change (7d):
-3.86854 %
ATH Price: 7.3 $ (2021-08-20 08:35:20)
% from ATH: -70.2557 %
ATL Price: 0.40615 $ (2022-06-18 20:55:12)
% from ATL: 434.824 %
ICO Price: N/A (2023-11-18 10:08:40)
Hashing Algorithm: N/A
Type of Proof: N/A
Explorers
Technical analysis according to the website Tradingview.com
News
Lido DAO is making significant strides with the ongoing Vote 174 and the successful completion of the SSV DVT testnet, signaling advancements in blockchain security and validator operations.
Lido DAO contributors collaborate with InfStones and dWallet Labs to address a platform vulnerability within the Lido on Ethereum protocol.
According to external sources, after comprehensive discussions within the Decentralized Autonomous Organization (DAO), the decision to sunset Lido on Solana has been approved by Lido DAO (LDO) holders. The process is set to commence shortly. The key dates to note include October 16, 2023, when staking will be discontinued and no new stake will be accepted. Subsequently, on November 17, 2023, voluntary node operator off-boarding will begin. Finally, support for Lido on Solana frontend will conclude on February 4, 2024. Further details can be found on the official Lido Finance Twitter page.
Hasu’s proposed goals for Lido
Origins and Beginnings
LIDO DAO is a Decentralized Autonomous Organization (DAO) inspired by blockchain technology. Its main goal is to decentralize the financial market and provide people with easy access to the financial world. The project was founded in September 2020 in Singapore and is backed by several prominent investment companies, including Binance Labs, OKEx, Hashed, and others.