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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wstETH has been enabled as collateral on Symbiotic Hyve DA through the X Committee.

This integration done by HyveDA enables new use cases for wstETH while contributing to HyveDA's data availability verification process 🌐

More below 👇

https://x.com/LidoFinance/status/1859645311125422519

wstETH has been enabled as collateral on Symbiotic Hyve DA through the X Committee.