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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Nethermind

ICYMI: Lido's Node Operator Community Call #3 is coming up 📢

When: Jan 24th - 5PM UTC

Agenda
- Lido on Polygon V2 Upgrade + Wave 2 Onboarding
- Technical Deep-dive: Withdrawals update

Guest Appearances
- What's new on @ratedw3b
- @nethermindeth x Lido Research: Phase 1 Recap https://t.co/2BuVs5Y0Ud

ICYMI: Lido's Node Operator Community Call #3 is coming up. When: Jan 24th - 5PM UTC. Agenda.