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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Lido Staked Matic (stMATIC) news

Lido Staked Matic

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Lido Staked SOL

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Lido on Polygon incident update: 

A solution has been developed for the withdrawal bug identified on March 6th. External audits are in progress and require final review before patch deployment can begin.

Audits will be completed this week after which more info will be shared.

https://twitter.com/LidoFinance/status/1635302914045677572

Lido on Polygon incident update:. A solution has been developed for the withdrawal bug identified on March 6th.