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 SOL

Lido Staked Matic (stMATIC) news

Lido Staked Matic

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Simple DVT Update: SSV Goes To Mainnet 🌐

- The first 12 SSV clusters are live on mainnet, with 6 clusters having received deposits.
- 70 net-new Node Operators, of which 50+ are solo & community stakers, will be added in the first 2 cohorts.
- Simple DVT share limit to be increased to 4%.

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https://twitter.com/LidoFinance/status/1811453173485228177

Simple DVT Update: SSV Goes To Mainnet.