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 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’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
Crypto Projects Get in Line For Massive Token Unlocks This Week
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
Lido Finance Reveals a Surge in its TVL – Report
Lido Finance, the forerunner of the liquid staking derivatives market, has demonstrated its project’s growing strength and influence within the ecosystem by announcing a surge in
Lido DAO (LDO) Skyrockets Over 18% Despite Dip in its TVL
Lido DAO (LDO), the governance token used within the Lido decentralized autonomous organization (DAO) for voting purposes, has rallied nearly 19% in the last 24 hours
Lido DAO (LDO) Tanks Nearly 7% as Liquid Staking Stops on Polkadot, Kusama
Lido DAO (LDO), the utility token of the leading liquid staking solution for Ethereum (ETH), Lido Finance, has witnessed a steep decline following its announcement to
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