Lido DAO is a decentralized autonomous organization that operates the Lido platform, a liquid staking solution that allows users to stake their Ethereum or other Proof of Stake tokens and receive staking rewards in a liquid form. By allowing for non-custodial staking, Lido enables users to maintain control over their tokens while still participating in staking and earning rewards.
The Lido DAO is responsible for governing the platform and making decisions related to its operation, such as setting staking parameters and selecting node operators. The governance of the Lido DAO is decided through the voting power of its members, who hold the platform’s governance token, Lido (LDO).
TL;DR Lido DAO has approved the activation of the Community Staking Module (CSM) on Ethereum, facilitating access for independent stakers to strengthen decentralization. The CSM allows
TL;DR Lido DAO surpasses Ethereum fees thanks to increased activity and use of scalability layers. The re-staking program is growing and competes with EigenLayer. The fat
TL;DR Covert Investment: Lido co-founders and Paradigm are reportedly funding Symbiotic, a new venture that competes with EigenLayer by allowing restaking of stETH and other ERC-20 tokens.
TL;DR Lido’s Market Share Declines: Lido’s dominance in the Ethereum staking market has decreased, with its share falling from 32% to below 30%, as more ETH stakers
The cryptocurrency ecosystem is a field where fluctuations and changes are commonplace, in this case Lido DAO has seen important changes in recent days.
In the decentralized finance (DeFi) ecosystem, November 2023 marked a resounding chapter for Lido DAO, the world’s leading Ethereum staking protocol.
A whale has captured the market’s attention by making strategic moves around the cryptocurrency Lido DAO (LDO). This individual, whose activity has been closely monitored since
Lido Finance has recently announced the termination of all operations on Solana after a community vote in Lido’s autonomous organization. The initial proposal to shut down
Lido has reassured its users that Lido DAO and staked-Ether tokens remain safe despite hackers exploiting a known security flaw. However, the platform did not come
Several crypto projects are gearing up for some major token unlocks this week, including Avalanche (AVAX), Yield Guild Games, and Lido. All of these projects will
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