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).