Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Profit calculator
Lido DAO priceLDO
Lido DAO price calculator
More cryptocurrencies calculator >Lido DAO price live data summary
What is the highest price of LDO?
What is the lowest price of LDO?
Lido DAO price prediction
What will the price of LDO be in 2025?
What will the price of LDO be in 2030?
Lido DAO ratings
About Lido DAO (LDO)
About Lido DAO
Lido DAO is a decentralized autonomous organization (DAO) that provides a solution for Ethereum 2.0's staking. As Ethereum transitions from a proof-of-work to a proof-of-stake consensus algorithm, Lido DAO aims to provide a solution that allows users to earn staking rewards without locking their assets or maintaining complex staking infrastructure.
Instead of the conventional way of staking where users lock up their Ether (ETH), Lido allows users to stake their Ether through the DAO and get stETH tokens in return. This way, the staked Ether remains liquid and can be used in various DeFi protocols.
The primary goal of Lido DAO is to enable users to stake ether without losing the ability to trade or use their tokens. It offers a more flexible and decentralized approach to staking, addressing the challenges and risks associated with the early stages of Ethereum 2.0. Lido DAO started out on Ethereum in 2020 and has expanded to support liquid staking for other blockchains such as Polygon and Solana.
Resources
Whitepaper: https://lido.fi/static/Lido:Ethereum-Liquid-Staking.pdf
Official website: https://lido.fi/
How Does Lido DAO Work?
Lido DAO operates through a set of smart contracts on the Ethereum network.
- Liquid Staking: Users can deposit ether into Lido's smart contracts and receive stETH, a tokenized version of staked ether. Unlike traditional staked ether, stETH is free from liquidity limitations and can be transferred or traded at any time.
- Node Operator Registry: Lido DAO selects and manages node operators who validate transactions using the deposits. These operators never have direct access to users' assets, ensuring a higher level of security.
- Staking Rewards and Fees: Lido applies a 10% fee on staking rewards, which is distributed between node operators, the DAO itself, and a slashing insurance fund. This fee structure aims to make Lido staking more profitable compared to most exchange staking options.
- Beacon Chain Interaction: Lido DAO-appointed oracles monitor the beacon chain and submit data to Lido's smart contracts, allowing the system to recalculate stETH token ratios based on rewards and penalties.
- Withdrawals: Although withdrawals are disabled until Ethereum 2.0 transfers become available, Lido DAO will upgrade the system to implement this feature once it's rolled out.
- Governance and Management: Lido is managed by the DAO members who govern the protocol to ensure its efficiency, stability, and adherence to the community's needs and preferences.
What is LDO Token?
LDO is the governance token of Lido DAO, granting holders the right to participate in the decision-making process within the organization. The Lido DAO members use LDO to vote on key parameters, such as fees, protocol upgrades, and other essential aspects of Lido's operation.
LDO's voting weight is proportional to the amount of LDO a voter stakes in the voting contract. This democratic approach ensures that the community has a say in the direction and development of the protocol.
In addition to governance, LDO also plays a role in incentivizing parties that contribute to the DAO's goals and can be used in various decentralized financial products.
Conclusion
Lido DAO represents a significant innovation in the xplained">Ethereum staking landscape, offering a decentralized, flexible, and user-friendly solution. By introducing liquid staking and a community-driven governance model through the LDO token, Lido DAO is poised to play a vital role in the evolution of the Ethereum network as it transitions to Ethereum 2.0. Whether for small individual holders or large entities, Lido provides a balanced approach to staking that aligns with the decentralized ethos of the blockchain space.
Lido DAO price performance in USD
Lido DAO price history in USD
Lido DAO market information
LDO to local currency
Crypto calculator- 1
- 2
- 3
- 4
- 5
How to buy Lido DAO(LDO)
Create Your Free Bitget Account
Verify Your Account
Buy Lido DAO (LDO)
Trade LDO perpetual futures
After having successfully signed up on Bitget and purchased USDT or LDO tokens, you can start trading derivatives, including LDO futures and margin trading to increase your income.
The current price of LDO is $1.15, with a 24h price change of -2.14%. Traders can profit by either going long or short onLDO futures.
Join LDO copy trading by following elite traders.
Lido DAO news
See moreA California court ruling classifies DAOs as general partnerships under state law, exposing members to potential liability for actions taken within the organization.
Solana's swQoS mechanism enables its restaking business scope to be broader than Ethereum's, with transaction liveness requirements being more rigid than security requirements.
Buy more
FAQ
Is Lido DAO a good investment?
What is Lido DAO price history?
What determines Lido DAO value and price?
Is LIDO staking worth it?
How often does Lido pay out?
How much does Lido charge for staking?
What is the current price of Lido DAO?
What is the 24 hour trading volume of Lido DAO?
What is the all-time high of Lido DAO?
Can I buy Lido DAO on Bitget?
Can I get a steady income from investing in Lido DAO?
Where can I buy Lido DAO with the lowest fee?
Where can I buy Lido DAO (LDO)?
Video section — quick verification, quick trading
Trade
Earn
LDO/USDT
SpotLDO/USDT
MarginLDO/USDT
USDT-M Futures
Lido DAO Social Data
In the last 24 hours, the social media sentiment score for Lido DAO was 3.2, and the social media sentiment towards Lido DAO price trend was Bullish. The overall Lido DAO social media score was 104,005, which ranks 207 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Lido DAO being mentioned with a frequency ratio of 0.01%, ranking 373 among all cryptocurrencies.
In the last 24 hours, there were a total of 872 unique users discussing Lido DAO, with a total of Lido DAO mentions of 77. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has decrease by 55%.
On Twitter, there were a total of 5 tweets mentioning Lido DAO in the last 24 hours. Among them, 20% are bullish on Lido DAO, 0% are bearish on Lido DAO, and 80% are neutral on Lido DAO.
On Reddit, there were 28 posts mentioning Lido DAO in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 13% .
All social overview
3.2