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

📢 The latest quarterly update of Lido’s Validator and Node Operator Metrics (VaNOM) is available! 

Check out the VaNOM report below for more insights, or browse through the highlights from Q4 22 👇

https://t.co/6nrfxuBDbl

The latest quarterly update of Lido's Validator and Node Operator Metrics (VaNOM) is available.