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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RT @IsdrsP: A few months ago @LidoGrants announced an open RFP to monitor censorship &amp; service degradation on Ethereum; i.e. how long does…

A few months ago @LidoGrants announced an open RFP to monitor censorship &amp; service degradation on Ethereum; i.e. how long does it take transactions to get processed, and are txs meaningfully impacted &amp; why? Submissions are due this week and have started coming in already! More👇 https://t.co/x5uOOrx5Y9

Lido’s grants organization - @LidoGrants - is doing an open RFP to build out a censorability meter for Ethereum. 

https://t.co/wyYkOWFEas

The deadline is Feb 27th, at which point up to 7 grants will be awarded to participants.

RT @IsdrsP: A few months ago @LidoGrants announced an open RFP to monitor censorship & service degradation on Ethereum.