Lido Discontinues Polygon Staking Service After Community Approval
TL;DR Lido has announced discontinuing its staking service for the Polygon PoS chain, following a community vote where 99% of LDO token holders favored the proposal.
Lido DAO News (Latest Publications)
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).
Lido DAO’s CSM Goes Live on Ethereum, Lowering Barriers for Small Stakers
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
Lido DAO Dominates Staked ETH Market as Fees Surpass Ethereum Mainnet
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
Are Lido Founders Secretly Funding an EigenLayer Competitor? Here’s What You Need to Know
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.
Lido’s Staking Dominance Slips Below 30% as Competitors Gain Ground
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
Lido’s Staking Dominance Declines Amid Layer 2 Inflows
The cryptocurrency ecosystem is a field where fluctuations and changes are commonplace, in this case Lido DAO has seen important changes in recent days.
Lido’s Total Value Locked (TVL) Surpasses $20 Billion, for the First Time Since April 2022
In the decentralized finance (DeFi) ecosystem, November 2023 marked a resounding chapter for Lido DAO, the world’s leading Ethereum staking protocol.
Whales Are Accumulating Lido (LDO). Could Its Price Be About to Surge?
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 Ends Operations on Solana
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 States that Tokens Remain Safe Following the Exploit of a Security Flaw
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
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