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.

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Lido Staked ETH

LIDO.FI/LEGO

RT @LidoGrants: LEGO has donated $50k DAI in support of those impacted by the earthquakes in Turkey and Syria 🇹🇷🇸🇾

https://t.co/NLzPf1rPQw

LEGO has donated $50k DAI in support of those impacted by the earthquakes in Turkey and Syria 🇹🇷🇸🇾

https://t.co/NLzPf1rPQw https://t.co/SQHd04NujH

Ahbap

Türkiye 🇹🇷 &amp; Syria 🇸🇾 are in a of state emergency. 

If you want to contribute to the earthquake relief efforts, you can send your donations to this Ethereum address:

0xe1935271D1993434A1a59fE08f24891Dc5F398Cd

Funds will go directly to the NGO @ahbap

Let's spread the word!🕊 https://t.co/zfRB0DZbCf

RT @LidoGrants: LEGO has donated $50k DAI in support of those impacted by the earthquakes in Turkey and Syria 🇹🇾.