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Lido DAO LDO |
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$1.94 |
2.41 % (24h) |
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Marketcap |
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$1,740,479,280 |
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Volume 24h |
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$259,170,156 |
Description
Lido DAO (LDO) is a decentralized finance (DeFi) protocol that provides liquid staking solutions for various blockchains, including Ethereum. Launched in 2020, Lido allows users to stake their assets while retaining liquidity through tokenized representations of their staked holdings. LDO, the platform's native token, is used for governance and to participate in the protocol's decision-making process. Lido DAO aims to make staking more accessible and flexible, allowing users to earn rewards without locking up their assets.