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

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.

Lido Staked ETH news today, stETH crypto latest news of token ticker

Lido Staked ETH

Trader Joe🔺💙 | Live on Arbitrum 🌊📘

Last week, Lido &amp; @traderjoe_xyz announced an #ArbitrumAdventure contest to get the change to be among the 3 to share a prize pool of 1,500 LDO.

The task? Create the best Twitter thread covering wstETH use-cases across the Arbitrum ecosystem.

The 3 winners have been selected... https://t.co/f0EsbJSwF9

Exciting news - Trader Joe and Lido are teaming up to bring you a bonus #ArbitrumAdventure contest with 1,500 $LDO up for grabs!

More details👇 https://t.co/sMvwsvCCRD

Twitter

Last week, Lido &amp; @traderjoe_xyz announced an #ArbitrumAdventure contest to get the change to be among the 3 to share a prize pool of 1,500 LDO.

The task? Create the best Twitter thread covering wstETH use-cases across the Arbitrum ecosystem.

The 3 winners have been selected... https://t.co/f0EsbJSwF9

Exciting news - Trader Joe and Lido are teaming up to bring you a bonus #ArbitrumAdventure contest with 1,500 $LDO up for grabs!

More details👇 https://t.co/sMvwsvCCRD