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 wstETH

Lido Staked SOL today, stSOL crypto latest news of token ticker

Lido Staked SOL

Lido Staked Matic (stMATIC) news

Lido Staked Matic

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The Lido VaNOM Q1 2024 report is out 📊

TLDR:
- Use of supermajority client (Geth) falls to 46% from 67% in Q4'23.
- Public cloud usage across validators has decreased from 46% to 40%.
- All curated NOs are below the 1% stake distribution soft cap.

https://x.com/LidoFinance/status/1793567652733984902

The Lido VaNOM Q1 2024 report is out. TLDR:. - Use of supermajority client (Geth) falls to 46% from 67% in Q4'23.