Lido DAO (LDO)

1. Project Information

  • Project Name: Lido DAO
  • Token Name: LDO

2. Introduction to the Project

Lido DAO is a decentralized platform designed to simplify staking on proof-of-stake blockchains, such as Ethereum. It allows users to stake their assets without requiring a minimum deposit or the need for advanced technical setups. Instead of locking their tokens, users receive tokenized versions of their staked assets, like stETH for Ethereum. These tokens can be freely traded or used in decentralized finance (DeFi) applications, providing liquidity while earning staking rewards.

The governance of the platform is managed through the LDO token, which empowers holders to vote on important matters like protocol adjustments, fee structures, and the onboarding of new validators or oracles. This governance model ensures that the platform evolves in a decentralized and community-driven manner.

3. Overview

  • Total Supply: 1,000,000,000 LDO
  • Circulating Supply: Around 896,270,000 LDO

4. Support Links