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

📈 Lido Analytics: Nov 14 - Nov 21

TLDR:
- TVL has shrunk due to native token price drop.
- Staking deposits grew on all chains but Solana.
- Current Lido ETH APR returned to the 5.5-6.0% range due to fall in gas prices.
- stETH/ETH rate remained at the same level: 0.9855.

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📈 Lido Analytics: Nov 14 - Nov 21

TLDR:
- TVL has shrunk due to native token price drop.
- Staking deposits grew on all chains but Solana.
- Current Lido ETH APR returned to the 5.5-6.0% range due to fall in gas prices.
- stETH/ETH rate remained at the same level: 0.9855.

https://twitter.com/LidoFinance/status/1594794042654597120

Lido Analytics: Nov 14 - Nov 21. TLDR:. - TVL has shrunk due to native token price drop.