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.

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

Lido Staked ETH

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Lido wstETH

Lido Staked Matic (stMATIC) news

Lido Staked Matic

Lido Staked SOL today, stSOL crypto latest news of token ticker

Lido Staked SOL

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Lido is not affiliated with Lybra Finance regardless of what their branding may suggest.

The growing liquid staking DeFi environment is exciting but please remain cautious and do your due diligence when interacting with new protocols.

https://twitter.com/LidoFinance/status/1664281456020189186

Lido is not affiliated with Lybra Finance regardless of what their branding may suggest.