Lido DAO is a digital asset staking platform that helps to lower the Ethereum 2.0 entry barrier. The protocol allows you to deposit coins into a staking contract and receive in return an equal amount of "derivative" tokens that provide liquidity to the invested assets. Thus, the user can continue using cryptocurrencies blocked in the staking contract for financial transactions. For example, to deposit them into liquidity pools.

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Lido DAO

stETH (Lido Staked ETH) is an ERC—20 standard token built on the Ethereum network. Lido Finance is a platform for liquid cryptocurrency staking, that is, for depositing coins into a staking contract and receiving "derivative" tokens that provide liquidity of invested assets.

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Lido Staked ETH

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Lido Staked Matic

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Lido Staked SOL

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An update on Lido Ethereum withdrawals:

TL;DR:
- Lido DAO is currently undertaking 7 V2 audits.
- Codebase is very close to being finalized. All major fixes have been merged.
- 4 week Goerli testnet will commence next week (c. March 20th).
- Mainnet upgrade expected mid May.

https://twitter.com/LidoFinance/status/1635739571227951117

An update on Lido Ethereum withdrawals:. - Lido DAO is currently undertaking 7 V2 audits.