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.

LDO news today, Lido DAO crypto latest news of token ticker

Lido DAO

Final testnet merge: August 6-12th ✅

We’re excited to participate in the Goerli testnet merge with all active Lido node operators + detailed performance monitoring. 

The merge is coming 🔜 🐼

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Final testnet merge: August 6-12th ✅

We’re excited to participate in the Goerli testnet merge with all active Lido node operators + detailed performance monitoring. 

https://twitter.com/LidoFinance/status/1554471690918305792

Final testnet merge: August 6-12th.