What is Lido DAO?
Lido DAO is a decentralised autonomous organisation (DAO) that provides a liquid staking solution on the Ethereum 2.0 blockchain and other platforms based on the Proof-of-Stake (PoS) consensus mechanism such as Solana, Polkadot and Polygon. Lido DAO allows users to earn staking rewards on their assets without locking them up for extended periods. The platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange, which represent the user's staked ETH and staking rewards.
Lido DAO goals
The purpose of Lido DAO is to provide a liquid staking solution, allowing users to earn staking rewards on their assets without locking them up for extended periods. This solves the problem of users having to choose between staking their assets and having liquidity. The potential use cases and applications of the technology include providing a flexible and efficient way for users to participate in the Ethereum ecosystem and other Proof-of-Stake (PoS) consensus mechanism-based platforms.
Lido DAO fondamentals
The token distribution plan of Lido DAO is as follows: DAO treasury — 36.32%, Investors — 22.18%, Validators and signature holders — 6.5%, Initial Lido developers — 20%, Founders and future employees — 15%. The market cap of Lido DAO is $1792216552. The number of token Lido DAO is 1000000000 LDO.
Marketcap
$1.792B
Total number of Lido DAO
1000000000 LDO
Lido DAO technology
Lido DAO is built on the Ethereum 2.0 blockchain and uses the Proof-of-Stake (PoS) consensus mechanism. The platform provides a liquid staking solution by allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange, which represent the user's staked ETH and staking rewards.
Lido DAO competitors
Lido DAO differentiates itself from competitors by providing a liquid staking solution, allowing users to earn staking rewards on their assets without locking them up for extended periods. This provides a competitive advantage over other staking solutions that require users to lock up their assets for extended periods. Lido DAO is the leading Ether (ETH) staking platform in the world, contributing over 30% of all ETH staked.
Lido DAO price history
Frequently asked questions
The Lido DAO token (LDO) is the governance token of Lido’s DAO, the decentralised body which carries out the governance decisions of the Lido community.
The Lido DAO network is responsible for deploying Lido smart contracts, setting platform fees and protocol parameters, recruiting node operators and validators, managing insurance and development funds, and managing withdrawals.
The risks of staking on Lido include distributed custody, where funds staked on Lido are locked in smart contracts.
The current market capitalization of Lido DAO is $1792216552.
The current price of Lido DAO is $2.008.
The total supply of Lido DAO tokens is 1000000000 LDO.
The token distribution plan of Lido DAO is as follows: DAO treasury — 36.32%, Investors — 22.18%, Validators and signature holders — 6.5%, Initial Lido developers — 20%, Founders and future employees — 15%.
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